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/biz/ - Business & Finance


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23043311 No.23043311 [Reply] [Original]

What exactly is it, and what does it mean for the common man? How different will the world look after it.

>> No.23043368

its not confirmed yet though right? It's just a bill that if passed would require fdic banks to provide digital wallets to all customers.

>> No.23043407

>>23043368
>its not confirmed yet though right?
Well, it's confirmed to be the theme of Davos in January 2021. It seems like an unavoidable thing at this point though. I've not heard a single economist claim it's not happening or was a question mark, merely talking about it as a foregone conclusion.

>It's just a bill that if passed would require fdic banks to provide digital wallets to all customers.
Hmm... Doesn't sound at all like what they were talking about in most economic outlets over the past few months.

>> No.23043419
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23043419

>>23043311
https://YEETscape.com
11,500 cap RuneScape crypto game.

>> No.23043445
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23043445

>>23043407
idk, my dad was telling me about something with the banks and shit requiring digital wallets. whats the latest news on this shit? I'm out of the loop.

>> No.23043449
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23043449

Death, Disease, Despair
2016-2020

>I failed to change the future, change yours by voting this November for a better tomorrow.

>> No.23043454

>>23043311
Common man is made familiar with CBDCS. He will be enticed to use and accept them with increasingly regular stimulus deposits and negative interest rates.
In the longer time frame (3-5 years), commoner stimulus recipients will become more neatly herded into discrete, technologically enforced liquidity pools from which lifestyle merchants can extract value.

>> No.23043459

>>23043445
No idea but would make sense given the obsession with digital only currency. I know Sweden's central bank was aiming to abolish cash by 2023, but due to coronavirus that may well come a lot sooner.

>> No.23043480
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23043480

>>23043459
yea, my dads way more into crypto than I am, he says that the coin shortage in the USA is a plot to detach people from physical currency while people are distracted. was talking on the phone with him yesterday and he was telling me about this bill that could be passed that requires banks to have digital wallets by jan 1st.

>> No.23043493

>>23043311
What if all commerce moves to Safex....

WOW!!!!

>> No.23043494

>>23043480
does your dad know you're gay?

>> No.23043497

>>23043480
The Third Temple is here. 01/01/01 TE (Third Era or Temple Era).

>> No.23043509

>>23043494
no, but i don't think he really cares either.

>> No.23043526

>>23043311
There has to be a reason for this covid madness worldwide. The hysteria is out of control and pushed by governments worldwide

No way they would do it for a disease. Since when have governments cared about a few old people dying?

>> No.23043572

>>23043526
Yep there's 2 scenarios unfolding here:

1) Coronavirus is actually extremely deadly and cataclysmic, to the point if people were aware just how deadly and earthshattering there would be mass rioting, overthrow of governments, bloodshed and horror the likes of which we've never seen. So governments and the scientific community are treading water, buying time by downplaying it and covering it up

2) Like you say, the virus is nothing and is a smokescreen for some... bizarre and unknowable move from the elites. I don't know what they're gearing up for. I don't know what they're about to do.
But rest assured it's not going to be good for us, the common man.

>> No.23043728

Lol don't you guys get it? It should be obvious. It's to bring in a cashless society. Crypto is the foundation.

With cash you transmit the virus.

Put 2 and 2 together.

>> No.23043729

>>23043449
MAGA

>> No.23043796

>>23043728
How can people not see this. We are on the verge of the greatest bull run of all time.

>> No.23043840

Digital wallets
You mean online bank accounts where I can buy stuff in shops with my card
Ooooooo

>> No.23043889

>>23043840
No, a DLT based currency account connected directly with the federal reserve. Payment via Visa or Mastercard probably yes, hopefully QR codes or contactless too.

>> No.23043900

>>23043445
Bill was dead in committee. Not gonna happen.

>> No.23044032

>>23043889
Fed Reserve will die, USDC will be backed by gold on the Algorand blockchain. Before this happens stock market will crash and Tether will go down dragging bitcoin and all the rest with it. Prompting calls for a new regulated crypto system. Some alts will survive, some will do well, most will crash to nothing. Have physical precious metals to trade in after the banks crash to reinvest in crypto when the dust settles from the great reset.

>> No.23044082
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23044082

Anyone have the pdf to the book?

>> No.23045089

>>23043311
There's a lot of theories that they are going to issue a new blockchain based dollar and they own the ledger and every transaction will be logged so they can see literally everything that happens, and it'll have things like smart contracts or whatever that they could make it so that money is more like software with programming logic to do stuff like for examples would be gibs or UBI with a bunch of conditions attached to it on how you could use it, requirements to spend your money within a certain timeframe or it expires worthless, your money is more valuable when you spend your money at minority owned businesses and less valuable when you spend it at white owned businesses. Theories about who are going to be issuing this is the federal reserve bank, and that the federal reserve is going to put regular banks out of business so they only bank left standing is the central bank.

>> No.23045572

They are meeting in Davos at January so it will happen most likely after January.

>> No.23045593
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23045593

My maximum tinfoil explanation is that according to the Torah, every 50 years the Hebrews were required to have a complete debt jubilee. American money became nothing but debt in 1971 when Nixon "temporarily" pulled the USD off its gold peg to stop Europeans from cashing out their dollars for gold. 2021 will be 50 years after 1971. Sure is strange that banks were buying up huge chunks of PM miners while suppressing the price of the actual commodity with its derivative, huh?

>> No.23046165

>>23043572
>I don't know what they're gearing up for
Hmmmm maybe for mandatory vaccines, enhanced surveillance state, digital dollar????
You must be a retard, anon....

>> No.23046193

>>23044082
that's scary, what's it about?

>> No.23046211

>>23043480
Your dad is a xrp schizo lol

>> No.23046349
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23046349

>>23043493
the scam Safex will be removed from Coindeal exchange, there will be no exchange left to dump my bags
https://twitter.com/coindealcom/status/1313052791833853952

>> No.23046373

>>23045089
>>23043454
I’ve heard these theories being circulated. But only on YouTube and here. Anyone have any proof of these plans by say, the very banks themselves ?

>> No.23046409

>>23046211
yea he invests in xrp, he also buys stellar, btc, eth, algorand, LINK(which I got him to buy). He was mining Ethereum in our garage with a shit ton of gpu's at one point.

>> No.23046417

>>23046373
Check xsg hahH

>> No.23046424

>>23043311
>January 2021
sauce?

>> No.23046495

>>23046424
nvm found it

https://www.congress.gov/bill/116th-congress/senate-bill/3571/text

>> No.23046532

>>23043572
the economy is in freefall and we're moving to a society of absolute digital control, what the fuck are you not getting?

>> No.23046546

>>23044032
imagine thinking this

>> No.23046557

There seems to be a reset of some sort in the works, but the elites tend to not make changes that are so upsetting to people that they freak out and start chasing them with pitchforks.

>> No.23046604

>>23046557

Yes they do it slowly. If you compare todays world to only 30 years ago only then you can see the shit they have introduced.

>> No.23046700

>>23046604
Right. Slowly. So introducing mandatory vaccines, cashless society, and total I devote social isolation is not something they can force on people all at once.

>> No.23046817

>>23046700

Yep, they have made great progress towards a cashless society and social isolation. Mandatory vaccines however still seems to be too much for people so I wonder how they will try to spin it their way.

>> No.23046887

>>23046557
They always do it in such a way goyim start begging for it.

>> No.23046915

Federal reserve and BIS are working together to create one currency to end them all. It´s gonna be the new reserve currency of the world

>> No.23046930

Federal reserve, BIS and IMF have all teamed up to make the next world currency. Sorry crypto fags, but it´s true. And only that currecny will be accepted in the end

>> No.23047005 [DELETED] 

>>23043311
I always found it strange how the WEF uses this term so nonchalantly, without giving any context, nor definition.
I have been wondering if it they are going to reset every government’s debts (which are never getting fully repaid) to 0. Thus resetting the, what is the current, financial system, and replacing it with smart contracts, or, something more sufficient, where debts could not again, get so stupendously out of control.

Could also be some gay shit with the Sustainable Development Goals.

>> No.23047030

>>23043311
I always found it strange how the WEF uses this term so nonchalantly, without giving any context, nor definition.
I have been wondering if it they are going to reset every government’s debts (which are never getting fully repaid) to 0. Thus resetting the current financial system, and replacing it with smart contracts, or something more sufficient, where debts could not again, get so stupendously out of control.

Could also be some gay shit with the Sustainable Development Goals.

>> No.23047089
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23047089

New master, same as old master.

>> No.23047190

why would they introduce a digital dollar?

>> No.23047213

>>23046409
>>23043480
FUCKING based dad
the chad dad
vs. the virgin son

>> No.23047335

This won’t happen. Can’t. A large percentage of the population is elderly. Many of them can barely use a flip phone and still write checks at the grocery store.

>> No.23047598

>>23043572
3) There is a virus but its not as dangerous as first feared. This has not stopped the entirity of the western world from losing the run of itself and health departments world wide are caught in a feedback loop of media driven panic.

>> No.23047613

>>23045593
Where would government confiscation of PM's fall into this? They've done it before.

>> No.23047727

>>23046915
>It´s gonna be the new reserve currency of the world
That's a weird way to spell RSV

>> No.23047804

>>23047727
I understand that RSV is the stable coin but tell me again why RSR would go over $1 or reach it?
it's been a long time since I bought a bag and flipped it, but I recently bought back in

>> No.23048104

>>23047727
you got them mixed up with API3
that one has a number in it and will give out bigger numbers later

>> No.23048425

>>23043407
Does anyone remember the guy who was the CEO of some sort of chip company who produces chips for lifestocks that is supposed to speak at Davos?
>>23045593
TLDR, why should I buy silver instead of gold?

>> No.23048857
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23048857

>>23044082
https://b-ok.global/s/klaus%20schwab%20the%20great%20reset%20
Highly recommend this site and the program calibre to put basically any book onto a kindle/e-reader. Epub and mobi formats work best.

>> No.23048929
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23048929

>>23048857

>> No.23049345

>>23044082
ngmi

https://decentbooks.com/pdf-epub-covid-19-the-great-reset-download/

>> No.23049499

>>23045593
Bingo. Get ready goys.

>> No.23049511

>>23043840
No, a blockchain-like system where every transaction is tracked, taxes can be automatically withdrawn, and your wallet can be deactivated completely if you start saying no-no words on the internet.

>> No.23049784

>>23048425
The returns of silver are greater to those of gold.

>> No.23049980

>>23043311
The confluence of digitalization and increasingly totalitarian "social justice" should worry everybody. You darn well know where it leads to, you wont be able to buy or sell unless you are verified to be in accordance with the "socially just" system. Does that sound familiar? It should because the Bible literally says you wont be able to buy or sell without taking the mark of the beast (the mark of being aligned with the world system principles).

>> No.23050030

The founder of the WEF openly talks about using the COVID-19 crisis to further their agenda.........

>> No.23050075

>>23049511
Taxes can already be automatically withdrawn at least in my shithole euro country if you fail to pay them all your bank accounts get blocked and the sum you owe in taxes deducted.

>> No.23050129
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23050129

>>23043311
Ask /XSG/, they have been on this for years.

>> No.23050235

>>23050030
Even if nobody is intentionally furthering this agenda, the increasing digitalization and social justice trends should be cause for extreme worry. You can bet your ass that they will simply block your funds for being socially unjust (whatever that means will obviously be determined by the totalitarian global elite). I always felt corporate capitalism and communism are two sides of the same coin, they both lead to totalitatian control and it would not be surprising if they merged in future taking up the worst features of both to usher in a New Rome, a totalitarian socially just corporate global state with a global elite and slaves kept in line by a socially just system. Blockchain could very well play a part in this. The fact that the Bible predicts all of this should be a cause for even greater concern. But if it must happen, it must happen. The victory of the Church (as a spiritual body of the faithful) comes with total evil being extinguished just when things look the worst. As Jesus was crucified and triumphed so it is predicted that the Church on Earth will be crucified and triumph. At that point in time I would think the final judgement comes and the grand opera of the universe is finished with a New Earth ushering in an era of justice (how that looks in practice is anybodys guess). Do with this what you will.

>> No.23050409
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23050409

>>23050235
>Do with this what you will.

How about I throw it in the trash boomer? Nobody cares about your bullshit myths and legends, now kindly take your fucking meds.

>> No.23050679

>>23050235
Indeed. With listening devices everywhere (Alexa, Google Home, smartphones, etc) people will have to be very careful what they say when not in a tech deadzone. I am wondering how they're going to try to herd the masses back into the cities once they really kick shit off.

>> No.23050729

>>23050679
Mandatory cell phone ownership and social media presence may be coming.

>> No.23050995

>>23047335
Weird how there’s a virus that primarily affects old people, huh anon?

>> No.23051354

>>23046532
only if biden wins, if Trump wins the rothschild's system ends as will all their organizations from the fed reserve to the world bank. The power to issue currency will revert back to the individual countries and they will choose gold over bitcoin after the upcoming tether debacle.

>> No.23051391
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23051391

>>23044082
TL;DR

Totalitarian technostate with mass surveillance and why that's a GOOD thing for you!

>> No.23051419 [DELETED] 

Wow this thread is still going?
I guess I'll further add some thoughts.
The laws that govern the Federal Reserve don't allow the fed to print money so to do something like UBI they shouldn't be able to directly print it because they have to have all liabilities matched up with offsetting assets. But what about the printer go brrr meme? it's just a meme. Quantitative easing is not quantitative and there's no easing, modern monetary theory is not modern and there's no money, and the federal reserve "central bank" is not central, it's all just smoke an mirrors magician tricks, it's a con-game. They do things through a two tier system where they have to act through the primary dealers like GS, JPMC, etc. But on the other hand the fed has been messing around with forming shell corporations "SPVs" and doing operations that aren't legally allowed, like MBS securities, etc, through these shell companies they formed. And there has been talk of changing the Federal Reserve Act.
This guy probably has some of the better coverage of these topics.
https://www.youtube.com/watch?v=lkgV7LJv5Os
https://www.youtube.com/watch?v=1xO723gH7Go
https://www.youtube.com/watch?v=gglukc3xfhy
https://www.youtube.com/watch?v=qG1KUPnw4OI

>> No.23051436

>>23051391
FBI is being exposed by the NSA and the CIA is next!

>> No.23051450

>>23051419
stop trying to shill your Youtube channel

>> No.23051478 [DELETED] 

pearl before swine

>> No.23051517

>>23051354
Imagine believing this hahahaha

>> No.23051554

>>23051517
How people don’t know Zion don is a puppet at this point is mind boggling

>> No.23051662

>>23051517
That's why Trump took over the fed to load up their balance sheet with all the debt.

>> No.23051692

>>23051554
If he was a puppet their would've been a nationwide lockdown that would've never been lifted.

>> No.23051733
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23051733

>> No.23051942

>>23051692
>Doesn’t know the difference between there and their
>still thinks the the guy who gave a key to America to Netanyahu has his best interest at heart
Confirmed actually retarded

>> No.23052038

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>> No.23052116

>>23052038
Do paneers actually think this shit works?
I mean there are actual retards like>>23051662
>>23051692
so maybe

>> No.23052333

>>23047030

Yes. It's going to be built on Cardano. It's all available to read about. The breadcrumbs have been left in an easy-to-follow trail for a while now.

>> No.23052871

>>23052333

pajeet