Biden is planning a new digital currency.

[NPT]

I'm not in favor of this. I think it's like taking everyone's DNA. It could be a good thing if used correctly but eventually it will be used against us.

Biden is planning a new digital currency. Here’s why you should be very worried

It’s clear that the Biden administration and Fed are working together to create a controllable, traceable, programmable digital currency.

thehill.com

 

[iuwclurker]

Better not piss off Anonymous.

 

[bub-rub]

I'm not in favor of this. I think it's like taking everyone's DNA. It could be a good thing if used correctly but eventually it will be used against us.

Biden is planning a new digital currency. Here’s why you should be very worried

It’s clear that the Biden administration and Fed are working together to create a controllable, traceable, programmable digital currency.

thehill.com

agree but it really is the logical evolution of the sea shells we call money

 

[Crayfish57]

I'm not in favor of this. I think it's like taking everyone's DNA. It could be a good thing if used correctly but eventually it will be used against us.

Biden is planning a new digital currency. Here’s why you should be very worried

It’s clear that the Biden administration and Fed are working together to create a controllable, traceable, programmable digital currency.

thehill.com

Holy sh*t , which side of politics gets accused of ignoring the constitution? This would just be a total mess . The Govt can't handle filling potholes . The fall of the Roman Empire was due to internal strife and Dems are all for it. They have no controls on spending but live in constant fear someone is somehow cheating on taxes. It does happen look at Facebook marketplace . How are you going to ever keep track of all of this? So you have a garage sale and get rid of stuff you bought to use , for less than you paid for it and they are going to try and collect taxes? Democrats are as a group the dumbest people on the face of the earth

 

[UncleMark]

LOL.

Justin Haskins (Jhaskins@heartland.org) is the director of the Socialism Research Center at The Heartland Institute and the co-author of the New York Times bestselling book “The Great Reset: Joe Biden and the Rise of Twenty-First Century Fascism.”​

 

[UncleMark]

I'm not in favor of this. I think it's like taking everyone's DNA. It could be a good thing if used correctly but eventually it will be used against us.

He's buying votes. Look for @mcmurtry66 @Baller23Boogie and @Eppy99 to be all in for Joe24.

 

[Crayfish57]

He's buying votes. Look for @mcmurtry66 @Baller23Boogie and @Eppy99 to be all in for Joe24.

Is the Democratic party going to restuff him for 2024? I'm not sure how long the filler taxidermist use lasts?

 

[Baller23Boogie]

Anything with the initials CBDc and I'm in. 😄

 

[Eppy99]

This isn't really a crypto currency. Its not part of the blockchain. I think it's more about getting in line with how people use money in the digital economy. I need more information before I really understand what this is, but I'm neither in favor or against at this point. Certainly won't sway my vote.

 

[Eppy99]

I spent this morning researching a project that is rebranding itself as $NSFW. I'm not one that wants to be a part of making money off of the sex industry....but I'm always intrigued at projects that theoretically could explode. I would feel kinda dirty sinking money into this....I would need to know that it can't go towards supporting underaged children in sex trafficking or porn. It wants to become a currency that could be used for sites like Only Fans, etc. Currency could also be used to by all things that are deemed Adult (i.e. toys, nft, art, porn, etc)

 

[NPT]

This isn't really a crypto currency. Its not part of the blockchain. I think it's more about getting in line with how people use money in the digital economy. I need more information before I really understand what this is, but I'm neither in favor or against at this point. Certainly won't sway my vote.

Yeah I agree with that but I don't like the idea that the government would be able to track where we spend our money. That could be used against any of us. Of course we use credit cards and they could get an idea of where we spend our money but the government is not in charge of credit cards.

 

[Eppy99]

Yeah I agree with that but I don't like the idea that the government would be able to track where we spend our money. That could be used against any of us. Of course we use credit cards and they could get an idea of where we spend our money but the government is not in charge of credit cards.

And that is totally against the idea of a decentralized cryptocurrency blockchain. I agree with you.

 

[Eppy99]

And that is totally against the idea of a decentralized cryptocurrency blockchain. I agree with you.

So here's a thought.....and I'm happy to hear from those smarter than I. What if the digital coin was a stable coin that neither went up or down in value, but you could invest in it digitally and make a variable or set apr%. Like setting up the bond system of years past that makes people so little money now. If enough people bought this with a guaranteed apr could it help stabilize the dollar? I'm not an economist so I leave this to others.

 

[mcmurtry66]

So here's a thought.....and I'm happy to hear from those smarter than I. What if the digital coin was a stable coin that neither went up or down in value, but you could invest in it digitally and make a variable or set apr%. Like setting up the bond system of years past that makes people so little money now. If enough people bought this with a guaranteed apr could it help stabilize the dollar? I'm not an economist so I leave this to others.

You're "happy to hear from people smarter than I." Mhmm. Are you. That's a different tenor than when you got me to buy bitcoin. And who would you like to hear from? Maybe reach out to the vendor driver?

 

[Eppy99]

You're "happy to hear from people smarter than I." Mhmm. Are you. That's a different tenor than when you got me to buy bitcoin. And who would you like to hear from? Maybe reach out to the vendor driver?

I always try and surround myself with people smarter than I (present company excluded). Ultimately decisions are my own, but smart people help inform me to make more educated decisions. Where I excel is taking my emotions out of my investing strategies. I'm not afraid to lose money and I embrace variance.

 

[twenty02]

Yeah I agree with that but I don't like the idea that the government would be able to track where we spend our money. That could be used against any of us. Of course we use credit cards and they could get an idea of where we spend our money but the government is not in charge of credit cards.

All money at this point is a bunch of 1s and 0s in a computer system anyway. Unless you just hoard all your cash under your mattress. Something like 90+% of all money in the world is digital.

 

[Bill4411]

Is the Democratic party going to restuff him for 2024? I'm not sure how long the filler taxidermist use lasts?

Let's see how well they do with that spritely youth Trump. Maybe we can get a twofer?

 

[Crayfish57]

Let's see how well they do with that spritely youth Trump. Maybe we can get a twofer?

Damn man , you drunk from last night or drinking early?

 

[Bill4411]

Damn man , you drunk from last night or drinking early?

Cray, if you can't see the complete absurdity of your position I don't know what to say?

 

[Crayfish57]

Cray, if you can't see the complete absurdity of your position I don't know what to say?

Regardless, I was trying to decipher what the hell you are trying to say. What exactly is the complete absurdity of my position anyway? We have a brain dead president? Obviously the actual stuffing was TIC but between Biden and Pelosi the taxidermy work on them is laughable

 

[mcmurtry66]

Regardless, I was trying to decipher what the hell you are trying to say. What exactly is the complete absurdity of my position anyway? We have a brain dead president? Obviously the actual stuffing was TIC but between Biden and Pelosi the taxidermy work on them is laughable

The age of Biden, Pelosi, and Mitch is ridiculous. Musk was talking about it just this week. Too damn old

 

[Bill4411]

Regardless, I was trying to decipher what the hell you are trying to say. What exactly is the complete absurdity of my position anyway? We have a brain dead president? Obviously the actual stuffing was TIC but between Biden and Pelosi the taxidermy work on them is laughable

Hopefully you can figure it out for yourself, hint: Man, Woman, Person, Camera, TV.

 

[IUCrazy2]

LOL.

Justin Haskins (Jhaskins@heartland.org) is the director of the Socialism Research Center at The Heartland Institute and the co-author of the New York Times bestselling book “The Great Reset: Joe Biden and the Rise of Twenty-First Century Fascism.”​

I am not getting into this topic any deeper other than to say that this is just a lazy ass way to try and have a discussion. The connotation being that this guy should be ignored because he wrote a book that by the title is something we should ridicule. Nobody here has read the book, I would lay money on that.

No refutation of his point. No sharing of a counterfactual that would indicate this program is false. Nope, just an attack on the author based on what? The title of a book? And frankly, there is a discussion to be had about this being a fascist-lite type of nation. Everyone gets so scared of that word and immediately jumps to Hitler. "Fascism should more appropriately be called Corporatism because it is a merger of state and corporate power." That is Mussolini. There is an argument to be had there whether some of you all want to entertain it or not.

 

[UncleMark]

I am not getting into this topic any deeper other than to say that this is just a lazy ass way to try and have a discussion. The connotation being that this guy should be ignored because he wrote a book that by the title is something we should ridicule. Nobody here has read the book, I would lay money on that.

I'll concede your point. Of course I expect you to do the same for responses that are nothing more than "Washington Post? LOL"

 

[Mas-sa-suta]

Regardless, I was trying to decipher what the hell you are trying to say. What exactly is the complete absurdity of my position anyway? We have a brain dead president? Obviously the actual stuffing was TIC but between Biden and Pelosi the taxidermy work on them is laughable

Weekend at Bernie's redux!

 

[Crayfish57]

Hopefully you can figure it out for yourself, hint: Man, Woman, Person, Camera, TV.

Big Bill, seems you are stalking me to use you and your lady friends term. WTF are you even bumbling around to try and say?

 

[Bill4411]

Big Bill, seems you are stalking me to use you and your lady friends term. WTF are you even bumbling around to try and say?

That you are very rude person who has no tact.

 

[iuwclurker]

This digital currency is not a partisan phenomenon. It’s gonna happen sooner or later whether Republican or Democrat wins the presidency in 2024.

 

[TomEric4756]

Holy sh*t , which side of politics gets accused of ignoring the constitution? This would just be a total mess . The Govt can't handle filling potholes . The fall of the Roman Empire was due to internal strife and Dems are all for it. They have no controls on spending but live in constant fear someone is somehow cheating on taxes. It does happen look at Facebook marketplace . How are you going to ever keep track of all of this? So you have a garage sale and get rid of stuff you bought to use , for less than you paid for it and they are going to try and collect taxes? Democrats are as a group the dumbest people on the face of the earth

The potential for traceable digital signatures for every transaction, makes credit card data mining look like child’s play. Blockchain technology may be cybersecure (until quantum computing perhaps makes forging them possible). But blockchain computation isn’t particularly green. (Think of all the GHG that could be reduced, if only the renewable electricity used were applied to charge electric cars instead of calculating blockchains).

Just wait until one’s social score decides whether the transaction is allowed to clear.

Perhaps it time to bring back 500 and 1000 currency denominations instead.

 

[iuwclurker]

The potential for traceable digital signatures for every transaction, makes credit card data mining look like child’s play. Blockchain technology may be cybersecure (until quantum computing perhaps makes forging them possible).

Just wait until one’s social score decides whether the transaction is allowed to clear.

Perhaps it time to bring back 500 and 1000 currency denominations instead.

I’m thinking this fear of social filtering rivals Putin’s level of paranoia. We’re talking about America here. If things get that screwed up then digital currency is the least of our worries.

 

[Crayfish57]

I’m thinking this fear of social filtering rivals Putin’s level of paranoia. We’re talking about America here. If things get that screwed up then digital currency is the least of our worries.

Really man ?

 

[TomEric4756]

I’m thinking this fear of social filtering rivals Putin’s level of paranoia. We’re talking about America here. If things get that screwed up then digital currency is the least of our worries.

I was being more hyperbolic than paranoid … it would be nice if digital currency privacy were the only thing to worry about.

 

[iuwclurker]

I was being more hyperbolic than paranoid … it would be nice if digital currency privacy were the only thing to worry about.

Got it.

The inherent attraction to me is the possibility of eliminating illegal transactions rather than the self-righteousness of privacy for honest transactions. Drugs, money laundering, Putin, North Korea, ponzi schemes, hacking scams, embezzlement, mafia, tax evasion, and so on.

 

[Mas-sa-suta]

Got it.

The inherent attraction to me is the possibility of eliminating illegal transactions rather than the self-righteousness of privacy for honest transactions. Drugs, money laundering, Putin, North Korea, ponzi schemes, hacking scams, embezzlement, mafia, tax evasion, and so on.

Chairman Xi couldn't have said it better!

'..the self-righteousness of privacy..'

Do you also use the word 'selfish' to describe those who choose not to be a lab test animal..?

 

[IUCrazy2]

I'll concede your point. Of course I expect you to do the same for responses that are nothing more than "Washington Post? LOL"

I absolutely concede that point. The stupid National Enquirer has gotten stories right before. I will read an article from just about anywhere if someone puts it up and I am interested in the conversation. I think there are some journalists and opinionists on the left who, though I may disagree with them on quite a few points, I at least respect their argument enough to enter with an open mind.

I will also honestly state that some sites are going to be off putting for me, I tend to read stories from them "on guard" because there biases are clear up front and I tend to disagree with their worldview overall, but generally I try not to go and look up what the other person wrote and try to stick to the current argument.

Sorry, I am probably not perfect on this account either, but the "Yeah look who wrote it" posts kind of drive me nuts. And honestly, that guy is a socialist writing a book about fascism, I guarantee that if you read that book that you would probably find some stuff in it where you thought "man, that is a little uncomfortable because of how on the nose it is..." Not because Hitler, but because of the Mussolini quote I posted. You may not agree with the entire premise (I mean he is a socialist so I doubt I would without having read the book) but based on the title he is making an argument I have seen made from both the right and left in other places.

 

[Mas-sa-suta]

I absolutely concede that point. The stupid National Enquirer has gotten stories right before. I will read an article from just about anywhere if someone puts it up and I am interested in the conversation. I think there are some journalists and opinionists on the left who, though I may disagree with them on quite a few points, I at least respect their argument enough to enter with an open mind.

I will also honestly state that some sites are going to be off putting for me, I tend to read stories from them "on guard" because there biases are clear up front and I tend to disagree with their worldview overall, but generally I try not to go and look up what the other person wrote and try to stick to the current argument.

Sorry, I am probably not perfect on this account either, but the "Yeah look who wrote it" posts kind of drive me nuts. And honestly, that guy is a socialist writing a book about fascism, I guarantee that if you read that book that you would probably find some stuff in it where you thought "man, that is a little uncomfortable because of how on the nose it is..." Not because Hitler, but because of the Mussolini quote I posted. You may not agree with the entire premise (I mean he is a socialist so I doubt I would without having read the book) but based on the title he is making an argument I have seen made from both the right and left in other places.

You might enjoy Glenn Greenwald on Substack.

 

[Eppy99]

I spent this morning researching a project that is rebranding itself as $NSFW. I'm not one that wants to be a part of making money off of the sex industry....but I'm always intrigued at projects that theoretically could explode. I would feel kinda dirty sinking money into this....I would need to know that it can't go towards supporting underaged children in sex trafficking or porn. It wants to become a currency that could be used for sites like Only Fans, etc. Currency could also be used to by all things that are deemed Adult (i.e. toys, nft, art, porn, etc)

Crap, this project just went up 20k% in the last 24 hours. That’s not a typo. Well, missed the boat on that.