Announcement

Collapse
No announcement yet.

executive order 14067 ? digital currency

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • executive order 14067 ? digital currency

    i'm sure that there are some folks here who understand the banking system way better than me...
    i ain't going to share how young i am, but my college course in finance - banking was over 5 decades ago.
    it was understandable. but i could also understand the stack of computer cards that we all carried around for our
    computer class.... you only got to go into the computer building on specified days, and you better have your cards with you, in
    order to test the program you had written. we were quite up to date.

    attached is a link to one youtuber discussing the topic of digital currency... a whole lot of them also popped up from different folks as i started watching.



    comments? explanations? suggestions?

    how is this going to effect all of us?




  • #2
    I'm sure there are folks here who understand it less than you, and when it comes to digital currency, I'm clueless. The closest I come to digital finance is my debit card. Bitcoin and other digital currencies are so volatile (e.g. FTX) that my risk tolerance won't allow them.

    Comment


    • #3
      I will have to watch that video, but just to make a point, cryptocurrency is different then what our g o v is proposing for CBDC. despite what the g o v says crypto is safe and has safe guards in place. Sure you can have FTX, but what about Lemans Brothers? crypto for money laundering, maybe, but what has been laundered sice we had dollars? Point is, with any money system you will get people trying and doing some sort of scam. Crypto is tracked end to end.

      I mine crypto, with machines. I mine Helium and Kadena and was making $150+ a month until the drop. Not much, but something. Now I am still mining and am watching the values keep coming up. On my helium machines I spend only about $30 a year for power. For Kadena a bit more. I need to move them to solar. During the hurricanes when we lost power my solar was up and the machines were hooked to it as well as internet, so they both were still making me money, day and night....

      Point being, do not confuse crypto with digital...different things. Digital system our g o v will put into effect, will be for their good, not ours....just my opinion.
      Protecting the sheep from the wolves that want them, their family, their money and full control of our Country!

      Guns and gear are cool, but bandages stop the bleeding!

      ATTENTION: No trees or animals were harmed in any way in the sending of this message, but a large number of electrons were really ticked off!

      NO 10-289!

      Comment

      Working...
      X