Fed Coin ..US DIgital dollar ..

by Odahh
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Well ,

has anyone else been watching the developments on this ..at this point how it will work it seems .. is that citizens of the USA will be able to open an account with the federal reserve .. and if certain condition are going on in the economy the fed will deposit digital currency into the account ..

now i saw that part and its not in the information i have found .. but i think the total amount in the account might be a hard cap ..so you cant save it up for two years and go buy a car for cash ..

now what i didn't think of was in agreeing this .. would allow the fed will track everything a person spends this digital money on ..and aggregate that data so the fed can track where all the money is being spent ..

anyone have links to articles ..published in the last few days that explain it better ..than the fed hating gold bugs are doing ..
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  • Profile picture of the author Jeffery
    Originally Posted by Odahh View Post

    Well ,

    has anyone else been watching the developments on this ..at this point how it will work it seems .. is that citizens of the USA will be able to open an account with the federal reserve .. and if certain condition are going on in the economy the fed will deposit digital currency into the account ..
    Got a link?

    Originally Posted by Odahh View Post

    now i saw that part and its not in the information i have found .. but i think the total amount in the account might be a hard cap ..so you cant save it up for two years and go buy a car for cash ..
    Got a link?

    Originally Posted by Odahh View Post

    now what i didn't think of was in agreeing this .. would allow the fed will track everything a person spends this digital money on ..and aggregate that data so the fed can track where all the money is being spent ..
    Me personally, I don't care if the fed tracks anything and everything, especially terrorist, scammers and the NWO flavor of the day.

    Originally Posted by Odahh View Post

    anyone have links to articles ..published in the last few days that explain it better ..than the fed hating gold bugs are doing ..
    Whats so hard to understand the explanations the fed gold bugs are doing?

    ~ ~ ~

    There are worse things than the a Fed backed digital currency program. The thing is "Nobody is forcing anybody to participate", so if someone doesn't like it and if it is not their cup of tea they can go a different route.
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  • Profile picture of the author Matthew Stanley
    This is the most recent article I could find on this. Is this what you're referencing? Article's writer makes some inferences, but hard to tell how "real" some of the plans are...

    https://news.bitcoin.com/us-federal-...ael%20Brainard.
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