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It’s HERE!! Digital Dollar Report: What It Means For CRYPTO!!



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 4 months ago '19        #1
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The Dogefather  topics gone triple plat - Number 1 spot x25
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It’s HERE!! Digital Dollar Report: What It Means For CRYPTO!!
 

 

In case you missed the news, the United States Federal Reserve recently released their first report on the prospect of a Digital Dollar. It basically details the pros and cons of a CBDC, and how a digital dollar could fit into the United States’ existing financial framework.

Central banks around the world have been working on CBDCs ever since Facebook first came out with its Libra project in 2019 (funny enough, it looks like it just died for good). Some countries such as China have been working on a CBDC ever since crypto became a thing.

The United States however has taken a more cautious approach. This is for multiple reasons but mainly because the Federal Reserve and politicians both know that whoever sits behind the steering wheel of a digital dollar would have total, limitless control over the US economy.

Even so, a few politicians have been pretty adamant about getting a digital dollar done, and they even tried to sneak it into the early pandemic relief packages (true story, not mentioned in video though). The 3 incoming Federal Reserve board member seem to be in favor too.

Given that many countries have explicitly stated that CBDCs are how they plan on combatting cryptocurrencies, a digital dollar could have a disastrous effect on the industry. As you’ll soon see though, it’s not going to be that easy to get a digital dollar off the ground.

Let’s just say that this is one you’re going to want to watch until the end.

P.S. I hope you enjoy my Powell Impression ��

~~~~~

⛓️ �� Useful Links �� ⛓️

► Federal Reserve Board of Governors: visit this link https://en.wikipedia.org/wiki/Federal…
► Federal Reserve Digital Dollar Paper: visit this link https://www.federalreserve.gov/public…
► Federal Reserve Digital Dollar Feedback Form: visit this link https://www.federalreserve.gov/apps/f…
► Federal Reserve Board Nominees: visit this link https://www.washingtonpost.com/us-pol…
► Algorand Quantum Resistance: visit this link https://twitter.com/Algorand/status/1…

��Essential Videos��

BIS CBDC Report ��
Jerome Powell Nomination Hearing ��
WEF Explained ��
WEF Crypto Report ��
PWG Crypto Report ��
stablecoin Backing ��
FATF Cryptocurrency Recommendations ��
Cryptocurrencies Used For CBDCs ��
Cosmos Explained ��
CPI Inflation Lie ��
Worst Case For Crypto ��
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 4 months ago '19        #2
The Dogefather  topics gone triple plat - Number 1 spot x25 OP
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BX Crypto
@ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @92baby @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @yI3 @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @spchaingang @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @andblade @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ dionedre3000 @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @301216baller @ @ @ @ @iboog1423 @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @mynewsh*t @ @ @ @ @ @ @coolestg @ @ @kui @ @ @ @ @ @ @ @ @ @ @ @ @ @ @w187 @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @llash @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @

Want added to the list? Comment in the thread below



Last edited by The Dogefather; 01-27-2022 at 05:15 PM..
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 4 months ago '15        #3
Black Larry 
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CBDC sounds like the end of the world. I heard the Vax was suppose to bring on what sounds like a CBDC thru a lot of obfuscation. But it looks like they're trying to skip steps.

I remember thinking no one could be worse than Bush. But lo and behold. Hopefully Biden doesn't scare ppl into thinking this is good.
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 4 months ago '16        #4
silas  topics gone triple plat - Number 1 spot x1
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Anybody know how to calculate crypto tax return using Cointracker? I know it has something to do with net proceeds +/- net deposits..?
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 4 months ago '17        #5
Its 
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Thank God for plan b lol
These people are devils

 4 months ago '17        #6
sweetermanz 
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I’m not gonna lie…my portfolio down 30% and I’m not happy about it.

$FTM $FS $FHM
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 4 months ago '20        #7
Born Bad 
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Op, what are your long term goals on crypto?

Me myself, I probably won't buy anymore

 4 months ago '19        #8
The Dogefather  topics gone triple plat - Number 1 spot x25 OP
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 Born Bad said
Op, what are your long term goals on crypto?

Me myself, I probably won't buy anymore
I’m in it for the long run
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 4 months ago '20        #9
Born Bad 
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 The Dogefather said
I’m in it for the long run
Honestly, I really don't know what the regulations would do to our crypto profits.



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