Home Forums Hunting & Shooting Hunter's Campfire BIden, Treasury and Cryptos

Now in the process of setting rules and guardrails on Stablecoins after massive losses (2trillion$).

Stablecoins are explained as being Crypto-coins pegged to the value of a specific currency, e.g., the usd$ or others.

Stablecoins are supposed to better facilitate payments and receiving of money exchanges.

Expect rules to be in place by year’s end.

Forbes

Another step toward cashless societies, maybe.

Cashless? Maybe. More likely for GOV'T to know and control every cent the public uses... They can't control much re: real paper money - but these scam-coins are a gov't's dream come true..

NO thankee.....

You, we , everybody most likely won’t have a choice.

Government issues money and they can say how and what kind of money.

Crypto lender,Vauld, has halted all crypto withdrawals due to crashing prices and covering withdrawals.

That way when you pay the neighbor kid 40 bucks to mow your lawn they can get their fair share . They can tax everything.

That’s where we’re headed and sooner than later. All or mostly via telephone.

If it's not a privacy coin, you shouldn't be in it.

The high school wide receiver who mows my lawn wants nothing but venmo. He's a good kid.

Yes, NWO definitely wants cash eliminated.

^^^
Good example.

And down the slope we go never to return.

Can’t stop what’s coming. All you can do is be prepared to mitigate the effects as best and for as long as possible. In the end you’ll comply or die.
There are fate’s worse than death.

Jamie Dimon Of JP Morgan says that Tokenisation with De-Fi and Blockchain that’s tied to (pegged) to a major currency like the usd$, Euro, Yen, etc. is the future of major finance.

Forbes

If paper handheld currency becomes illegal I assume you will have time to redeem it for a card or cloud account. If all the foreign held paper U.S. dollars are redeemed it will break us even worse than we are now. U.S. dollars are used all over the world for illegal purposes. I have read there is more U.S. currency outside the country than inside.

Doubt it’ll be totally illegal but think that using it will incur major service charges with paperwork to be filed establishing origin of the cash (how did you get it).

It’ll be very easy to force people to digital simply by using your phone. Your phone knows everything about you already. Ain’t much of a stretch to flip currencies.

China’s Central Bank declares all Bitcoin and crypto currency exchanges as illegal and subject to penalties and seizures of accounts.

Forbes