Why isn’t this on page 1?

forbes.com/sites/jasonbrett/2020/03/23/new-coronavirus-stimulus-bill-introduces-digital-dollar-and-digital-dollar-wallets/#423c61bd4bea

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Other urls found in this thread:

blogs.imf.org/2019/02/05/cashing-in-how-to-make-negative-interest-rates-work/
apps.npr.org/documents/document.html?id=6817441-House-Democrats-Counterproposal-For-Stimulus
twitter.com/AnonBabble

You need to start a thread with the picture of a tranny to get any responses here.

SWIFT= the financial military branch of the US government.

We are the marines.

this
>he

fpbp

SO THIS IS WHY BTC PUMPING HOLY SHIT

$100K EOY

Wow, this place really is a forsaken shithole.

Is everyone really just poor college retards trying to trade stupid options on robin hood?

I wonder if FED coin will need an oracle to link it to other blockchains and payment ui's?

WE ARE UNIRONICALLY, UNEQUIVOCALLY, and without Disputability GOING TO FUCKING MAKE IT LADS

US "digital" Dollar will absolutely destroy BTC and most of crypto

Yes.

Not so. How u gonna buy stuff w/o the govt knowing unless u have crypto? Possession of physical cash is now a felony.

Retard alert! Retard Alert!

Your expectations are too high. It's nothing but a collection of autistic NEET, underachieving retards that have their 4 figure net worth in LINK or some other scam shitcoin.

Saying faggots use Robinhood here is a compliment

Alternatively, you're a goddamned pervert.

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It cannot be based on the blockchain. China owns BTC.

Checked

Most people wouldn’t know how to use it. But necessity is the mother of all great inventions
Kek

i'm not even in college yet

Don't see why I should care about this at all. I can already spend USD digitally, why the fuck would I need "digital USD"? My online bank account is digital USD

Bingo. Bitcoin = gold+cash+safe haven against typical central government games.

is that mickey rourke?

We used to be a legion of 50k+ Link holding activists.

Sometimes.

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Wow. The retardation here is incredible. This is amazing.

Nothing gets by you fren

Give me a single reason why I should give a fuck? They can already print infinite money. Who fucking cares if now it's "crypto". Wow this changes everything

Flush yourself down the toilet.

Corona rescission to Yas Forums is what the 2016 election was to Yas Forums

Completely destroyed the board

The lack of replies to the thread shows I'm not the only one who doesn't care about Tether 2.0

go be retarded here.

You need to have your head smashed with a rock hammer.

Relevant: blogs.imf.org/2019/02/05/cashing-in-how-to-make-negative-interest-rates-work/

MARK OF THE BEAST IS HERE!!!!!!!!!!!!!!!!!!!!
>MARK OF THE BEAST IS HERE!!!!!!!!!!!!!!!!!!!!
bullish for link desu

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THIS IS WHY WE ALL NEED TO INVEST IN TSE: HWO!!!

How can this work:

Log into website

Enter your Ss number, drivers license, or tax id number

Returns your private keys

Download Coinbase type wallet

Now you have 1,200 digital dollars, done.

Because it's just a biiiiiiill
Just a biiiiiiill
The hundreth proposed in the past week that's not going to mean shit like the reeeeest.

No.

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Explain like I'm a retard:
What is the fucking difference between a "digital" dollar and the money deposited in my online bank account?

Kek

No it won't it's going to be the same as lagarde shitposting , digital dollar is going to be centralized bank database with 5% fees for every transaction and absurd aml regulations freezing your wealth for wrongthink.

>digital dollar
>digital wallets

you mean my fucking bank account and credit/debit cards you fucking mongoloids, we've been in the digital dollar era for decades

So they are reinventing tether except some HK bank account it's the FED.

This

A digital dollar is just a dollar, but digital. BTC is just gold, but digital. Dollars don’t kill gold.

You aren't. That's the point. The introduction of a digital dollar will delete the need for cash (which is more decentralized than bitcoin has ever been. That's why banks have been trying to eliminate cash for years.) and the need for bitcoin. They will make it so all retailers are only allowed to accept the digital currency. They will be able to track every single purchase every single person makes, in every single country. They will know who buys bitcoin, when, and how.

You didn't actually believe all the coronavirus shut downs were because of the cough did you?

This is quite literally the beginning of global government control in all levels. Soon they will be able to control what you buy, when you can buy it, and who can buy what. Part of me is excited, because I've been investing in the creation and implementation of CBDC's for the last year. The other part of me is disgusted with myself for what I've done.

digital dollar has all transactions tied to it in a more straightforward way and doesn't need ACH to transfer- instant transfers

you got to be fucking high if you dont think governments are getting to the point where they can trace all crypto activities through the blockchain considering it is a public ledger of all your activities

lmao I love this place

>Part of me is excited, because I've been investing in the creation and implementation of CBDC's
what did they mean by this?

Of course they can. But this gives them even more control than before. They will trace crypto and arrest anyone who attempts to use it, they will make it illegal to purchase any crypto with the new digital dollar. They will have all of your information automatically pulled up. the SECOND a transaction happens it will automatically pull up your name, ssn, address, and all private information the second you try to purchase bitcoin. good fucking luck.

What happens when they make it illegal to exchange btc for the new digital dollar?
>I'll just go through so many loopholes they won't be able to trace it!
Good luck on that. Good luck beating supercomputers that will exist SPECIFICALLY to trace potential blockchain transactions. good fucking luck doing ANYTHING they don't want you to ever again when this shit happens.

>The introduction of a digital dollar will delete the need for cash (which is more decentralized than bitcoin has ever been
>cash
>more decentralized than bitcoin
you are fucking retarded faggot

egh the way I see it more about hacks. hacks are getting more and more dangerous by the day. having blockchain backends would immensely help with security.

>Buy harmless government approved items, like video game consoles or 24-packs of Mountain Dew
>Barter government approved items for things you'd rather acquire 'privately'
>???
>Profit

Chainlink is the internet of the blockchains for a goddamned reason

A black market will simply develop as it does for all things that cannot be acquired through systems in place.

Retard detected

hoo ma god

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You are taking one of the more extreme cases where the powers that be want to kill bitcoin, which can give the argument that what is stopping super computers from tracing all bitcoin transactions and acting on it because people don't think they can be watched or traced which lulls people into sleep

as always, not your keys not your coins, be wary

you are fucking retarded if you think USD on the blockchain will change how 99% of people will view their dollars

Don't worry some of us are still here but we know we already made it. There's no point in posting anymore, the board it overrun with new fags and commies, all we need to do is wait. Godspeed marine

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I'VE BEEN WAITING FOR 2 YEARS

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a black market that accepts what? bitcoin? They automatically trace all blockchain transactions. You will be warranted a fugitive for trying to purchase a gram of weed.

YOU FAGGOTS DON'T GET IT.

I want to buy something illegal. I can't purchase bitcoin to buy it because it's illegal to spend my ONLY WORLD CURRENCY THAT IS INSTANTLY TRACKED FOR ALL TRANSACTIONS, AND THOSE TRANSACTIONS CAN BE BLOCKED BEFORE YOU CAN DECIDE ON THEM (This already happens to an extent with a normal bank account.)

Let's say I bought some bitcoin because I was smart and thought it would do good. Now I can use it to buy illegal goods, right? Good fucking luck. A supercomputer automatically traces every single transaction to the original purchaser of the bitcoin and follows the blockchain to the current holder. Your information is pulled up, and you're arrested before the day is over.

Peter Thiel has only ever invested in 4 cryptos. BTC, ETH, EOS and RSR. And all of them (except RSR) turned into market caps of over $1B and got into the top 10 on coinmarketcap.

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you’re the retard. he’s right and I don’t know what you delusion retards expect from this. it’s no different to your bank account. not even slightly related to cryptocurrency.

If you're lucky, they'll let you cash out your crypto for a regular fee, to get people out of crypto. But most likely there will be MASSIVE taxes, if they even let you cash it out at all.

How is LINK involved in this? Gib breadcums plz

Reminder that this has absolutely nothing to do with cryptocurrencies.

Y'all must be piss drunk to think that bill is going to pass as written.
Has anyone here read it?
I just spent a few minutes looking through it.
$2000 PER MONTH until the national unemployment rate falls to within 2% of where it was when this thing started.

The digital dollar wallet just sounds like a bank account. It doesn't say anything about blockchain or crypto or decentralized or anything else that sounds remotely interesting for blockchain or smartcontracts. Only that it's "digital" which doesn't mean shit.

Based: the continuation of the grand lie

also this is it by the way:
apps.npr.org/documents/document.html?id=6817441-House-Democrats-Counterproposal-For-Stimulus

Good thing I have 109 oz of silver

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To think that I back talked this beautiful woman today. If she only knew she was going to make an army of racists rich...

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It will probably be hot garbage like xrp with a BRRRRRR button

Bartering, how does it work

Why do you think this? You really think the US will become authoritarian??

I’ll have to hop over to Mexico

ur retarded if u think buying things with bitcoin is private

YOU DON'T FUCKING GET IT.

THIS IS NOT A UNITES STATES EXCLUSIVE. THIS WILL BE FOR ALL COUNTRIES EVERYWHERE IN THE WORLD. THEY WILL MAKE SURE IT IS. HOW ELSE WILL THE CONTROL AND TRACK EVERYONE?

lol this won’t pass, read the bill retards

Because it implies an alternative to the usd. That the usd will be dumped.

Unironically kill yourself.

Transferring your money between institutions often takes time, yes? Some of that is company choice, most of it is mandatory "confirmation systems" (programs to approve the transaction). This can remove the time from the confirmation system and still confirm your transaction.