Report on government issued FedCoin . . . the Mark of the Beast is knocking on America's door

Why are you ignoring a digital currency created and used by choice within a free market system, from one created by government, made a legal tender by government, and forced to be used by the public at large in the marketplace by government, without the people’s consent?

Do you really want folks in government to be allowed to create a FedCoin _ an electronic currency undetectable to the senses of mankind, and is imaginary ___ make it a legal tender for all debts public and private, and require you to use a digital wallet to participate in our market place, and may be cancelled from the market place with the push of a button by folks in government, if you do not yield and bend to the whims and fancies demanded of you by folks in government?

Do you really want to put this power, one aptly referred to as the Mark of the Beast, in governments’ hands?

JWK


All the perplexities, confusions, and distresses in America arise, not from defects in the Constitution or confederation, not from want of honor or virtue, as much as from downright ignorance of the nature of coin, credit, and circulation. John Adams
?

They already do this and they already have the constitutional power.

That is just a fact.
 
?

They already do this and they already have the constitutional power.

That is just a fact.

Only in your mind is it a fact that Congress has power to make a note a legal tender. You apparently have not done your homework.

JWK

All the perplexities, confusions, and distresses in America arise, not from defects in the Constitution or confederation, not from want of honor or virtue, as much as from downright ignorance of the nature of coin, credit, and circulation. John Adams
 
Here is excellent article about FedCoin: FEDCOIN REPORT ISSUED

01/24/2022

"Fedcoin is inevitable. Yet many issues surround it while the Federal Reserve continues engaging the public and experts on this matter. The Board of Governors recently issued a report: Money and Payments: The U.S. Dollar in the Age of Digital Information detailing various ideas without definite conclusions."

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The bottom line is, if our federal government is ever allowed to force a government issued digital currency as our nation's legal tender, it will have achieved a totalitarian control over every aspect of your life, and those in charge of the issuance of FedCoin will turn you into a ward of the State and subject to its whims and fancies.

The Mark of the Beast is knocking on America's door!

JWK

All the perplexities, confusions, and distresses in America arise, not from defects in the Constitution or confederation, not from want of honor or virtue, as much as from downright ignorance of the nature of coin, credit, and circulation. John Adams
Your link:

"A widely available CBDC would serve as a close—or, in the case of an interest-bearing CBDC, near-perfect—substitute for commercial bank money."

Would such a transformation occur before of after the current US dollar ceases to function as a global reserve currency?

"Once the dollar is no longer the world’s reserve currency the dollar will precipitously drop in value, perhaps as much as by two-thirds, as the pound sterling did when the British currency was abandoned as the world’s reserve currency in the 1950s.

"Treasury bonds, used to finance America’s military-based balance-of-payments deficit and the ballooning government budget deficit, will no longer be attractive investments for countries such as China."

FEBRUARY 15, 2022

Democrats: the More Effective Evil

BY CHRIS HEDGES
 
Only in your mind is it a fact that Congress has power to make a note a legal tender. You apparently have not done your homework.

JWK

All the perplexities, confusions, and distresses in America arise, not from defects in the Constitution or confederation, not from want of honor or virtue, as much as from downright ignorance of the nature of coin, credit, and circulation. John Adams
Seriously? Wow.

Or are you seriously going to argue that it is the material, the fact it is paper and not coin, that makes it unconstitutional?

Article 1, section 8
The Congress shall have power to lay and collect taxes, duties, imposts and excises, to pay the debts and provide for the common defense and general welfare of the United States; but all duties, imposts and excises shall be uniform throughout the United States;

To borrow money on the credit of the United States;

To regulate commerce with foreign nations, and among the several states, and with the Indian tribes;

To establish a uniform rule of naturalization, and uniform laws on the subject of bankruptcies throughout the United States;

To coin money, regulate the value thereof, and of foreign coin, and fix the standard of weights and measures;
 
History says so. Roman coin had to be used all over the empire. The Jews hated it.
What you mean is that Roman coin had to be excepted all over the empire

but other forms of payment were acceptable also
 
What you mean is that Roman coin had to be excepted all over the empire

but other forms of payment were acceptable also
Roman coins were the coin of the realm. If you traded locally you could use shekels, but you paid your taxes in Roman currency. Remember when Jesus said render unto Caesar?
 
Roman coins were the coin of the realm. If you traded locally you could use shekels, but you paid your taxes in Roman currency. Remember when Jesus said render unto Caesar?
Nonsense

the Roman tax collectors accepted anything of value
 
show me the scripture.
Theres no scripture for that

if a man was being taxed based on how many goats he owned and all he had is goats do you think the tax collector left empty handed?
 
The Bible says Jesus said render unto Caesar.. the context is referring to Roman coin. That's all you have to go on. Goats would be your assumption.
 

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