User Panel
User Panel
User Panel
|
Posted: 3/16/2023 1:59:19 PM EDT
[#1]
It's an implementation of Real Time Payments, not a digital currency.
Yes, it will have problems, however, maybe we can get past the Nigerian 419 bad check scams. Allows for "push" payments to be sent, irrevocably, to another account. So if you send it, it's gone. Like a wire transfer. Think zelle for business ACH should still be there for check writers and those who like the uncertainty. |
|
|
|
Posted: 3/16/2023 2:37:56 PM EDT
[#2]
Quote HistoryQuoted: Exactly. Fedwire system is fucking trash...and the technology for this has existed for eons. Quote HistoryQuoted: Quoted: So I imagine this is going to take the place of bankwires? That would be fantastic....basically zelle on the clearing house level. about time we updated out shit |
|
|
|
Posted: 3/16/2023 2:38:36 PM EDT
[#3]
Quote HistoryQuoted: It's an implementation of Real Time Payments, not a digital currency. Yes, it will have problems, however, maybe we can get past the Nigerian 419 bad check scams. Allows for "push" payments to be sent, irrevocably, to another account. So if you send it, it's gone. Like a wire transfer. Think zelle for business ACH should still be there for check writers and those who like the uncertainty. please don't bring facts into this dystopian future circle jerk of a thread. |
|
|
|
Posted: 3/16/2023 4:33:43 PM EDT
[#4]
Quote HistoryQuoted: please don't bring facts into this dystopian future circle jerk of a thread. Quote HistoryQuoted: Quoted: It's an implementation of Real Time Payments, not a digital currency. Yes, it will have problems, however, maybe we can get past the Nigerian 419 bad check scams. Allows for "push" payments to be sent, irrevocably, to another account. So if you send it, it's gone. Like a wire transfer. Think zelle for business ACH should still be there for check writers and those who like the uncertainty. please don't bring facts into this dystopian future circle jerk of a thread. This is a legitimate threat to freedom. It’s a huge control measure. You’re blind if you cannot see and understand that. ETA - topic of interest @daveo @defenderao @viralinsurgency |
|
|
|
Posted: 3/16/2023 4:44:47 PM EDT
[#5]
Probably start out with USD, then tether the CBDC to the price of the dollar and trade them. USD in, CBDC out. Then, once they have the USD, untether them and make USD worth more than CBDC. Kind of a new version of what they did with Gold in the 30's.
|
|
|
|
Posted: 3/16/2023 4:53:47 PM EDT
[#6]
Was just 'discussing' this kind of thing with my SO last week.
I hope he sees this thread... 
|
|
|
|
Posted: 3/16/2023 4:57:04 PM EDT
[#7]
I'd rather launch a few jdams at the fed.
|
|
|
|
Posted: 3/16/2023 4:58:19 PM EDT
[#8]
Quote HistoryQuoted: Everyone is going to take the mark of the beast, even those here or say they won't. Very soon you will only have digital fed money and will be happy. It's past time to create a post quaker/amish reformed off-shoot religion that only allows trade in biblical money of gold, silver, and copper, and allows guns and self defense as a sacred duty to protect the family and community. |
|
|
|
Posted: 3/16/2023 5:00:55 PM EDT
[#9]
Quote HistoryQuoted: It's no conspiracy. It's a plan. Reject CBDC and we break their power over society. They tried it in Morocco and the people took to the streets. After two days, the plan was dropped. They remember the Arab Spring. The people have the power, not dawt.gub. After the federal reserve notes litter the streets, we need only flex our muscle by rejecting their CBDC and the central bank comes tunbling down. BTW, they will make at least three attempts to impose it on us. When the Reichsmark hyper-inflated, the initial replacement mark (still a currency) didn't work and only when the Germans tied it to mortgages did their new (third one) currency stabalise (so it took the Germans two tries). We can expect at least three attempts. Like the vaccine, they are likely to force federal contractors to use it for business with the government, and possibly force them to use it for payroll, or be banned from contracts |
|
|
|
Posted: 3/16/2023 5:02:40 PM EDT
[#10]
Sure, why not...
...its all just numbers in a computer anyways |
|
|
|
Posted: 3/16/2023 5:08:12 PM EDT
[#11]
Quote HistoryQuoted: I just want to know why a private bank has so much control over our monetary system, and policy? The Federal Reserve is charted by Congress under the Federal Reserve Act of 1913. There were 2 prior central banks of the United States centered out of New York. Both failed due to crony capitalism and political manipulation of the money supply. The current Federal Reserve System is comprised of 12 independent regional banks and the Federal Reserve Board of Governors insuring each part of the country has access to meet their financial needs instead of all the financial services just supporting New York and the Northeastern seaboard. It was formed because politicians were manipulating the money supply for their personal gain resulting in an unstable currency and financial services. The Fed is charged with maintaining an efficient payments mechanism. Thank God we don’t still use Puka Shells to buy goods. |
|
|
|
Posted: 3/16/2023 5:11:37 PM EDT
[#12]
Quote HistoryQuoted: The Federal Reserve is charted by Congress under the Federal Reserve Act of 1913. There were 2 prior central banks of the United States centered out of New York. Both failed due to crony capitalism and political manipulation of the money supply. The current Federal Reserve System is comprised of 12 independent regional banks and the Federal Reserve Board of Governors insuring each part of the country has access to meet their financial needs instead of all the financial services just supporting New York and the Northeastern seaboard. It was formed because politicians were manipulating the money supply for their personal gain resulting in an unstable money supply and financial services. Quote HistoryQuoted: Quoted: I just want to know why a private bank has so much control over our monetary system, and policy? The Federal Reserve is charted by Congress under the Federal Reserve Act of 1913. There were 2 prior central banks of the United States centered out of New York. Both failed due to crony capitalism and political manipulation of the money supply. The current Federal Reserve System is comprised of 12 independent regional banks and the Federal Reserve Board of Governors insuring each part of the country has access to meet their financial needs instead of all the financial services just supporting New York and the Northeastern seaboard. It was formed because politicians were manipulating the money supply for their personal gain resulting in an unstable money supply and financial services. Yet those 7 “governors” are appointed by the president and approved by Congress. |
|
|
|
Posted: 3/16/2023 5:18:05 PM EDT
[#13]
Quote HistoryQuoted: Yet those 7 “governors” are appointed by the president and approved by Congress. Quote HistoryQuoted: Yet those 7 “governors” are appointed by the president and approved by Congress. The real power of the Fed lies in the FOMC The Federal Open Market Committee (FOMC) consists of twelve members--the seven members of the Board of Governors of the Federal Reserve System; the president of the Federal Reserve Bank of New York; and four of the remaining eleven Reserve Bank presidents, who serve one-year terms on a rotating basis. The rotating seats are filled from the following four groups of Banks, one Bank president from each group: Boston, Philadelphia, and Richmond; Cleveland and Chicago; Atlanta, St. Louis, and Dallas; and Minneapolis, Kansas City, and San Francisco. Nonvoting Reserve Bank presidents attend the meetings of the Committee, participate in the discussions, and contribute to the Committee's assessment of the economy and policy options. |
|
|
|
Posted: 3/16/2023 5:28:39 PM EDT
[#14]
Quote HistoryQuoted: Yet those 7 “governors” are appointed by the president and approved by Congress. The US Treasury also receives all of the Fed’s profits. (No profits for a while, though). Yet people insist it is privately owned, go figure. |
|
|
|
Posted: 3/16/2023 5:36:47 PM EDT
[#15]
This isnt CBDC, but I think its the next rung on the ladder.
|
|
|
|
Posted: 3/16/2023 5:46:10 PM EDT
[#16]
Quote HistoryQuoted: This isnt CBDC, but I think its the next rung on the ladder. |
|
|
|
Posted: 3/16/2023 5:49:37 PM EDT
[#17]
Quote HistoryQuoted: LMAO, anything with "Federal" in it is antithetical to anything with "leading-edge system that is resilient, adaptive, and accessible" in it I can see it now, stroll up to the ATM, put your card in, then your pin, then you get to hear the old school tones of a dial up modem connecting to the internet. Thinking AOL type speeds.... |
|
|
|
Posted: 3/16/2023 5:50:37 PM EDT
[#18]
Isn't it illegal for the Federal Government to compete with companies? This is competition. There is going to be a lawsuit.
|
|
|
|
Posted: 3/16/2023 6:07:30 PM EDT
[#19]
Quote HistoryQuoted: This. Quote HistoryQuoted: Quoted: I got bad news for you bud... 96.87% of US dollars in circulation are already digital. This. Yup. |
|
|
|
Posted: 3/16/2023 6:11:57 PM EDT
[#20]
Man, I wish I'd been born 30 years earlier.
|
|
|
|
Posted: 3/16/2023 6:28:55 PM EDT
[#21]
Quote HistoryQuoted: This isnt CBDC, but I think its the next rung on the ladder. It’s a precursor. |
|
|
|
Posted: 3/17/2023 12:18:27 PM EDT
[#22]
Catherine Austin Fitts opined that the Fed Res is slow walking CBDC because America is too well armed and the possibility for pushback is too strong.
@36:49 she starts talking about CBDC and gun control and urges everyone to protect the 2A. If the 2A goes, those on top can push through their agenda faster. The entire discussion is worth listening to. |
|
|
|
Posted: 3/17/2023 12:48:11 PM EDT
[#23]
Quote HistoryQuoted: Catherine Austin Fitts opined that the Fed Res is slow walking CBDC because America is too well armed and the possibility for pushback is too strong. @36:49 she starts talking about CBDC and gun control and urges everyone to protect the 2A. If the 2A goes, those on top can push through their agenda faster. The entire discussion is worth listening to. That is a great video and I agree, the whole thing is worth listening to. Two people I follow on this topic are Catherine Austin Fitts and Melissa Ciummei. More recent discussion on Melissa’s latest perspective - Interviews that propelled Melissa into the spotlight on this topic - Nov. 2021 Dec. 2022 |
|
|
|
Posted: 3/17/2023 12:59:25 PM EDT
[#24]
So instead of taking three days for bank to bank or investment account to bank transfers it will take seconds. What's not to like about that.
|
|
|
|
Posted: 3/17/2023 1:24:45 PM EDT
[#25]
Quote HistoryQuoted: Everyone is going to take the mark of the beast, even those here or say they won't. Very soon you will only have digital fed money and will be happy. Some already did. The rest of us are shot free and never wore a mask off shame. |
|
|
|
Posted: 3/17/2023 1:27:08 PM EDT
[#26]
Quote HistoryQuoted: I better put my tin foil conspiracy hat back on. Crashing banks ——> fed now ——> CBDC ——-> total control. FPNI People will jump at the idea of being cashless. When people realize the government controls how much you can purchase, how far and how often you can travel, etc., it will be too damn late to make a difference. |
|
|
|
Posted: 3/17/2023 1:33:05 PM EDT
[#27]
Quote HistoryQuoted: FPNI People will jump at the idea of being cashless. When people realize the government controls how much you can purchase, how far and how often you can travel, etc., it will be too damn late to make a difference. I don't think so. People are waking up to the dangers thanks to Pedo Pedro showing his hand. Nobody except freaks and fools agree with his agenda. |
|
|
|
Posted: 3/17/2023 1:36:39 PM EDT
[#28]
Quote HistoryQuoted: So instead of taking three days for bank to bank or investment account to bank transfers it will take seconds. What's not to like about that. |
|
|
|
Posted: 3/17/2023 1:37:40 PM EDT
[#29]
|
|
|
|
Posted: 3/17/2023 1:47:32 PM EDT
[#30]
Quote HistoryQuoted: Everyone is going to take the mark of the beast, even those here or say they won't. Very soon you will only have digital fed money and will be happy. This right ere, Metropolis in real life where worker slaves support a cast of elites. Uniparty says hell yea. For what it’s worth I’m away and at every bar for St paddy’s day, I have only paid with cash. Several businesses had a cash discount too. |
|
|
|
Posted: 3/17/2023 3:53:52 PM EDT
[#31]
Quote HistoryQuoted: This right ere, Metropolis in real life where worker slaves support a cast of elites. Uniparty says hell yea. For what it’s worth I’m away and at every bar for St paddy’s day, I have only paid with cash. Several businesses had a cash discount too. I just took a 5 day trip to FL. Operated on cash the entire time. No electronic or card payment of any type. Fuck getting rid of cash. It’s very versatile. I’ll never buy into the cashless society. |
|
|
|
Posted: 3/17/2023 4:09:27 PM EDT
[#32]
Quote HistoryQuoted: So instead of taking three days for bank to bank or investment account to bank transfers it will take seconds. What's not to like about that.  |
|
|
|
Posted: 3/17/2023 4:13:18 PM EDT
[#33]
Latest reports indicate 87% of millennials support this because they think they’ll get some mo’ free shat you tax-paying losers.
|
|
|
|
Posted: 3/17/2023 4:24:11 PM EDT
[#34]
Sounds trustworthy.
|
|
|
|
Posted: 3/17/2023 5:08:09 PM EDT
[#35]
Quote HistoryQuoted: This is a legitimate threat to freedom. It’s a huge control measure. You’re blind if you cannot see and understand that. ETA - topic of interest @daveo @defenderao @viralinsurgency Quote HistoryQuoted: Quoted: Quoted: It's an implementation of Real Time Payments, not a digital currency. Yes, it will have problems, however, maybe we can get past the Nigerian 419 bad check scams. Allows for "push" payments to be sent, irrevocably, to another account. So if you send it, it's gone. Like a wire transfer. Think zelle for business ACH should still be there for check writers and those who like the uncertainty. please don't bring facts into this dystopian future circle jerk of a thread. This is a legitimate threat to freedom. It’s a huge control measure. You’re blind if you cannot see and understand that. ETA - topic of interest @daveo @defenderao @viralinsurgency No it's not, it's not another form of digital currency.  they are updated the archaic systems we have in place since the 1900s |
|
|
|
Posted: 3/17/2023 9:23:50 PM EDT
[#36]
Air Currency?
|
|
|
|
Posted: 3/17/2023 10:37:09 PM EDT
[#37]
Quote HistoryQuoted: I don't think so. People are waking up to the dangers thanks to Pedo Pedro showing his hand. Nobody except freaks and fools agree with his agenda. There seems to be more and more of those every day. |
|
|
|
Posted: 3/17/2023 10:40:14 PM EDT
[#38]
Quote HistoryQuoted: Doesn’t sound like a cbdc. Sounds like something developed years ago and just now being implemented. Replacement for Swift? |
|
|
|
Posted: 3/17/2023 10:53:19 PM EDT
[#39]
I’m all for CBDC, many people do swear by it but I prefer the THC.
|
|
|
|
Posted: 3/18/2023 9:20:54 AM EDT
[#40]
nvm
|
|
|
|
Posted: 3/18/2023 9:21:16 AM EDT
[#41]
dbl tap
|
|
|
|
Posted: 3/18/2023 9:48:58 AM EDT
[#42]
Quote HistoryQuoted: How about a system called "InstaBailout". The moment a bank nears insolvency, other banks auto-inject a freshly created bit of digital currency. |
|
|
|
Posted: 3/18/2023 9:52:20 AM EDT
[#43]
Quote HistoryQuoted: I'd rather launch a few jdams at the fed. |
|
|
|
Posted: 3/18/2023 9:58:15 AM EDT
[#44]
Quote HistoryQuoted: Excuse me, this is a panic only zone. |
|
|
|
Posted: 3/18/2023 10:10:49 AM EDT
[#45]
I smell a Rat!
|
|
|
|
Posted: 3/18/2023 10:16:33 AM EDT
[#46]
Sorry, your payment was not approved for this product or item...
|
|
|
|
Posted: 3/18/2023 10:28:36 AM EDT
[#47]
Quote HistoryQuoted: Mandatory compliance will be mandatory.  Quote HistoryQuoted: Mandatory compliance will be mandatory. AI controlled home mass scale concludes that you have gained an average of three pounds in then last two months. Your non-vegetable food credit costs will be doubled until your mass is reduced. Attempts to purchase diuretics to circumvent this restriction will result in your inability to purchase anything beyond vegetables, recycled water, and a 5 minute charge on your issued EV. Thank you for your cooperation.  Attached File |
|
|
|
Posted: 3/18/2023 10:38:53 AM EDT
[#48]
Quote HistoryQuoted: This. Quote HistoryQuoted: Quoted: I got bad news for you bud... 96.87% of US dollars in circulation are already digital. This. It’s an irrelevant factoid. CBDCs are completely different than the fractional/zero reserve system we use now. |
|
|
|
Posted: 3/18/2023 10:39:26 AM EDT
[#49]
Vapor?
|
|
|
|
Posted: 3/18/2023 10:53:36 AM EDT
[#50]
Quote HistoryQuoted: And eventually control. No more guns for you. You just bought one last month. You’ve reached your allocation of red meat this month. Try some fish. You’re carbon usage is maxed. Your gas usage has been suspended until next month. We’ve noticed you made some disparaging comments on the federal government online recently. As a result your social credit score has been lowered and you will not be able to purchase those plane tickets to Hawaii or book that hotel room. So basically exactly what they do in China right now. History doesn't always repeat but it does rhyme.... |
|
|
Win a FREE Membership!
Sign up for the ARFCOM weekly newsletter and be entered to win a free ARFCOM membership. One new winner* is announced every week!
You will receive an email every Friday morning featuring the latest chatter from the hottest topics, breaking news surrounding legislation, as well as exclusive deals only available to ARFCOM email subscribers.
AR15.COM is the world's largest firearm community and is a gathering place for firearm enthusiasts of all types.
From hunters and military members, to competition shooters and general firearm enthusiasts, we welcome anyone who values and respects the way of the firearm.
Subscribe to our monthly Newsletter to receive firearm news, product discounts from your favorite Industry Partners, and more.
Copyright © 1996-2024 AR15.COM LLC. All Rights Reserved.
Any use of this content without express written consent is prohibited.
AR15.Com reserves the right to overwrite or replace any affiliate, commercial, or monetizable links, posted by users, with our own.
