Congress Is Banning CBDC

[Gym Rat]

Central Bank Digital Currency

i=4RBVAYhdbTYkHMsF

[IroNat]

Bump

[Wiggs]

Let's see it get passed.  That's the challenge.

[Mayday]

CBDC is a global initiative so it’s already approved. No different to the green energy initiative.

It doesn’t matter what you see for pushback or anything else, that’s just entertainment. it’s going ahead and planned for 2024 to run parallel to our current currencies.

[Lartinos]

Digital Juan in China is already live and the other countries will be compelled to do the same I’d think in time.

It offers control in various ways of the population but also the crypto market within the country in general. China first banned crypto and then made it legal once they got their CBDC.

Back up plan I guess would be to employ a current stable coin.

Commodity backed stable coins could be the future though.

[Marty Champions]

Gov news telling us its banning gov currency that they just created? Not watching 8 min of that bitch

[Wiggs]

CBDC is a global initiative so it’s already approved. No different to the green energy initiative.

It doesn’t matter what you see for pushback or anything else, that’s just entertainment. it’s going ahead and planned for 2024 to run parallel to our current currencies.

Correct. Then a phase out.