Biden Executive Order Prepares Way for Digital Currency Only, Tied to Social Behavior

[The Original Tree]

You probably should not question other's ability to think or reason.

Institutional transfers have been digital since the eighties and it hasn't all collapsed around our hears yet.

Most of the "money" is never even printed, it's simply 1's and 0's.

These are not institutional transfers. If you aren't paying attention, there is a new kind of economic warfare being used where, once everything is digital, if your government does not agree with you, or does not agree with another nation, you will be 100% cut off from all your funds.

You won't be able to pay your bills, sell your goods, buy food, gas, or keep a roof over your head unless you comply.

Revelation 13

16 And the second beast required all people small and great, rich and poor, free and slave, to receive a mark on their right hand or on their forehead, 17 so that no one could buy or sell unless he had the mark— the name of the beast or the number of its name. 18 Here is a call for wisdom: Let the one who has insight calculate the number of the beast, for it is the number of a man, and that number is 666.

 

[HereWeGoAgain]

It's not there, period.

STFU Noob.

 

[Big Bend Texas]

These are not institutional transfers. If you aren't paying attention, there is a new kind of economic warfare being used where, once everything is digital, if your government does not agree with you, or does not agree with another nation, you will be 100% cut off from all your funds.

You won't be able to pay your bills, sell your goods, buy food, gas, or keep a roof over your head unless you comply.

Revelation 13

16 And the second beast required all people small and great, rich and poor, free and slave, to receive a mark on their right hand or on their forehead, 17 so that no one could buy or sell unless he had the mark— the name of the beast or the number of its name. 18 Here is a call for wisdom: Let the one who has insight calculate the number of the beast, for it is the number of a man, and that number is 666.

Horse shit, there's nothing in that EO to that effect at all nor does the president have the power to seize our funds absent due process first.

 

[Delldude]

Latest on the OP:

March 26, 2022

Biden is planning a new digital currency​

On March 9, the Biden administration released an executive order (EO) instructing a long list of federal agencies to study digital assets and to propose numerous reports about their use and proposals to regulate them. Much of the executive order is focused on cryptocurrencies such as bitcoin and ethereum, which run on blockchain technology and have become increasingly popular among many investors and consumers in recent years.

But there is an even more important part of the EO: President Biden has instructed the federal government and Federal Reserve to lay the groundwork for a potential new U.S. currency, a digital dollar.

Among other important actions, the White House executive order directs several federal agencies, including the Treasury Department, to study the development of a new central bank digital currency (CBDC) and to produce a report within 180 days of the EO discussing the potential risks and benefits of a digital dollar.

The order further directs the Treasury Department, Office of the Attorney General and Federal Reserve to work together to produce a "legislative proposal" to create a digital currency within 210 days, about seven months.

A digital dollar would not merely be a digital version of the existing U.S. dollar, but rather an entirely new currency that would, at least at first, exist alongside today's currency. Similar to cash, the CBDC would be used to pay for goods and services and would likely be managed by the Federal Reserve, the central bank of the United States.

Unlike the current dollar, though, a central bank digital currency would not exist in physical form, meaning you wouldn't be able to go to a bank or ATM and withdraw it.

This is October, right before the midterms and possibly the last time Biden can get something passed.

It is important to understand that the digital dollar would not be similar to cryptocurrencies like bitcoin. Cryptocurrencies operate on blockchain technology, which is decentralized by design. No group or individual can truly control cryptocurrencies once they are launched.

Digital dollars, on the other hand, would be traceable and programmable. The Federal Reserve (or some other designated entity) would have the ability to create more digital dollars whenever it sees fit, and, depending on how the legislation is written setting up the currency, the dollars could be formulated to have various rules and restrictions built into their design.

For example, a digital dollar could be crafted to restrict fossil-fuel use, to give bonuses to people for spending at particular businesses, to enact de facto price controls by disallowing users from spending too much on particular products, or even to redistribute wealth.

Biden's executive order states that the CBDC and other policies governing digital assets must mitigate "climate change and pollution" and promote "financial inclusion and equity."

In fact, "financial inclusion" is mentioned five times in Biden's order, and "equity" and "climate change" are mentioned four times each.

Further, in a background call with reporters about the executive order, a "senior administration official" (the name was curiously removed from the White House transcript) promised that in creating a new digital currency, the Biden administration will "continue to partner with all stakeholders - including industry, labor, consumer, and environmental groups, international allies and partners."

Why would labor unions, industry organizations and environmental groups be involved in the development of a new currency - unless, of course, there is a plan to program that currency to advance various causes special-interest groups care about?

'Stakeholders' is right out of the terminology used by the World Economic Forums Great Reset view.

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

 

[munkle]

Horse shit, there's nothing in that EO to that effect at all nor does the president have the power to seize our funds absent due process first.

Right. And he also said covid vaccines would never be made mandatory.

 

[Big Bend Texas]

Right. And he also said covid vaccines would never be made mandatory.

He didn't make them mandatory did he?

Joe promised that too, and of course was lying when he said it.

Thankfully the courts acted appropriately and forestalled the mandate for all but Federal Employees/Military personnel.

Next I guess he'll try mandating abortion.

 

[Big Bend Texas]

STFU Noob.

My, my, how juvenile. You're truly a credit to your party.

 

[HereWeGoAgain]

My, my, how juvenile. You're truly a credit to your party.

And you're a homo who loves getting fucked in the ass.

 

[1stNickD]

Outlaw cash. Misbehave, shut off your money. Starve. Trudeau showed the way when he got banks to freeze the accounts of anyone who had donated to the truckers freedom convoys. Bye bye Due Process. Bye bye dissent. Bye bye freedom. Bye bye Constitution. Great Reset accomplished.

Congress would have to roll over and give up its sole authority to create money. This is right now an executive order that Congress can oppose. But this will happen only if enough people understand what is at stake.

Now you are tied to a transaction system and social credit score. Which determines your "privileges" as a human. Try to push for longer bathroom breaks at your crummy Amazon warehouse job, or iPhone factory, and you suddenly find you can't get on an airplane, like in China. Complain about it, and you can't go into a grocery store. Maybe a soup kitchen. Someone tries to help you, same thing happens to them. So no one helps you. Not even your own relatives.

It is a complete control system undreamed of by previous tyrants. Made possible by modern technology. If you become too much of a problem maybe when you come in for you bi-annual "booster' they give you a slow acting cancer kill shot. Look around you. 30 year old pro soccer players are dropping dead after vaxxing, and people are buying the bull$#@! that it's just normal. What makes you think it will be any different?

Another "conspiracy theory" comes true as Biden signs Executive Order to create a U.S. Central Bank Digital Currency - The COVID Blog®

Some crypto-enthusiasts are celebrating this move. Others say it doesn't go far enough. But history is repeating itself.

thecovidblog.com

Here are primers on the Great Reset, by investment banker and former President George HW Bush official Catherine Austin Fitts:





By Ron Paul: “Oppression… The ‘Great Reset’ is about Expanding Government Power and Suppressing Liberty,”

Yep, and if you say or do something the woke socialists disapprove off, your life savings will be cancelled. If you wander away from your assigned zone, you will not have access to your resources. If you try to buy more than 3 ounces of red meat in one week you will be denied access to your resources. When it is time for reparations, your accounts will be debited to give to people who were never slaves and may have a better job than you do, or to a 5 time violent felon, and if your 14 year old son wants to make some extra money by cutting neighborhood yards, the left will make sure he pays full taxes on his 10 dollar payday.

 

[Delldude]

He didn't make them mandatory did he?

Joe promised that too, and of course was lying when he said it.

Thankfully the courts acted appropriately and forestalled the mandate for all but Federal Employees/Military personnel.

Next I guess he'll try mandating abortion.

"All but" ...........................big win for the constitution,.

 

[Resnic]

Outlaw cash. Misbehave, shut off your money. Starve. Trudeau showed the way when he got banks to freeze the accounts of anyone who had donated to the truckers freedom convoys. Bye bye Due Process. Bye bye dissent. Bye bye freedom. Bye bye Constitution. Great Reset accomplished.

Congress would have to roll over and give up its sole authority to create money. This is right now an executive order that Congress can oppose. But this will happen only if enough people understand what is at stake.

Now you are tied to a transaction system and social credit score. Which determines your "privileges" as a human. Try to push for longer bathroom breaks at your crummy Amazon warehouse job, or iPhone factory, and you suddenly find you can't get on an airplane, like in China. Complain about it, and you can't go into a grocery store. Maybe a soup kitchen. Someone tries to help you, same thing happens to them. So no one helps you. Not even your own relatives.

It is a complete control system undreamed of by previous tyrants. Made possible by modern technology. If you become too much of a problem maybe when you come in for you bi-annual "booster' they give you a slow acting cancer kill shot. Look around you. 30 year old pro soccer players are dropping dead after vaxxing, and people are buying the bull$#@! that it's just normal. What makes you think it will be any different?

Another "conspiracy theory" comes true as Biden signs Executive Order to create a U.S. Central Bank Digital Currency - The COVID Blog®

Some crypto-enthusiasts are celebrating this move. Others say it doesn't go far enough. But history is repeating itself.

thecovidblog.com

Here are primers on the Great Reset, by investment banker and former President George HW Bush official Catherine Austin Fitts:





By Ron Paul: “Oppression… The ‘Great Reset’ is about Expanding Government Power and Suppressing Liberty,”

Watch that if you haven't seen it. It takes a few minutes to get to egs but it still helps set the stage for what you're going to hear.

It goes to show how money will be based off your social standing. The push for digital currency will most definitely be the key component to this being applied to citizens as individuals. He explains how getting money is already based off egs scores for companies.