Started By
Message

re: Central Bank Digital Currency already green lit by SCOTUS

Posted on 5/19/24 at 4:08 pm to
Posted by cajunangelle
Member since Oct 2012
147619 posts
Posted on 5/19/24 at 4:08 pm to
in real time?

let's say a multi million dollar small business that sold hunter safety courses, sporting goods, camping gear, and gulp guns got a letter from PNC bank debanking them because they sold guns.

do you think this is right? do you think the govt controls BOA, Citi, from bailouts?

what do you think the exchange rate will be from gold to digital currency? or from regular current currency to gold?

will we all be saved and paid in gold with unicorns pooping skittles? will we be paid back for all the money the govt spent on $900 hammers and millions to study drunk Chynah hookers?
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
424260 posts
Posted on 5/19/24 at 4:10 pm to
quote:

in real time?
\
Go deposit more than $10k in cash some time and get back to me

quote:

let's say a multi million dollar small business that sold hunter safety courses, sporting goods, camping gear, and gulp guns got a letter from PNC bank debanking them because they sold guns.

do you think this is right?

I believe in capitalism and the free market, so I think it's legal and part of how a market among voluntary participants works. I'm not a Lefty looking to regulation over private-party transactions.

But what does that have to do with the looney CTH article you posted?

quote:

what do you think the exchange rate will be from gold to digital currency? or from regular current currency to gold?

That's going to depend on a lot of factors, from location, to provider, to the micro/macro market, government regulation, etc.

Posted by joshnorris14
Florida
Member since Jan 2009
45294 posts
Posted on 5/19/24 at 4:12 pm to
People that don't understand technology complaining about digital currency by highlighting things that the system currently does will not be effective in stopping federal digital currencies.

The Fed using one will be irrelevant
first pageprev pagePage 1 of 1Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram