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Right on cue: Fed's New Instant Payment system to Launch in July

Posted on 3/15/23 at 11:05 pm
Posted by the_truman_shitshow
Member since Aug 2021
2755 posts
Posted on 3/15/23 at 11:05 pm
The Fed's New Instant Payment System to Launch In July 2023

And just like that, laying the groundwork for CBDCs one step at a time fueled by one engineered "crisis" at a time.

It's way easier to monitor and surveil everyone's transactions when there are fewer banks to work with.
Posted by GumboPot
Member since Mar 2009
119500 posts
Posted on 3/15/23 at 11:10 pm to
quote:

FedNow will allow banks to instantly transfer payments across the financial system.



quote:

And just like that, laying the groundwork for CBDCs



How will politicians launder money?
Posted by Captain Rumbeard
Member since Jan 2014
4257 posts
Posted on 3/15/23 at 11:18 pm to
People have no idea how much of a Dystopia Multiplier CBDC's will become.

Just say no to that shite and NO that's not a freaking Crypto.
Posted by BeepNode
Lafayette
Member since Feb 2014
10005 posts
Posted on 3/15/23 at 11:21 pm to
proof of stake crypto in general is a dystopian nightmare if it were to become mainstream.

The majority stakeholders can just wipe your funds away because you posted a "dangerous conspiracy theory" online?
Posted by Trauma14
Member since Aug 2010
5874 posts
Posted on 3/15/23 at 11:33 pm to
I read that and still honestly don't know how it affects my daily life. I can't formulate an opinion. What is the issue? One way or the other. No troll.
Posted by schexyoung
Deaf Valley
Member since May 2008
6537 posts
Posted on 3/15/23 at 11:50 pm to
FedNow is a redundant channel to make the payment network more resilient to business disruption.

We already have wire transfers from our phones, same day ACH up to $1MM, and albeit smaller, but zelle P2P.
Posted by LolStarFishlol
Member since Jan 2023
728 posts
Posted on 3/16/23 at 1:20 am to
You’re a fool if you’re not burying gold
Posted by POTUS2024
Member since Nov 2022
12134 posts
Posted on 3/16/23 at 1:33 am to
quote:

You’re a fool if you’re not burying gold


What value is gold if society collapses? Serious question. I've always wondered about this. Will people still assign value to it?
Posted by DefensorFortis
East of Eden
Member since Jun 2022
613 posts
Posted on 3/16/23 at 3:10 am to
Good question with an obvious answer; it’s value is diminished in a societal collapse as a means of transactional currency…this is no longer a disconnected world where gold backed wealth of a nation.

In an extended collapse, hard goods reign and gold/paper currency are of lesser value.
Posted by Old Money
Member since Sep 2012
36753 posts
Posted on 3/16/23 at 3:44 am to
quote:

What value is gold if society collapses? Serious question. I've always wondered about this. Will people still assign value to it?


I buy ammo whenever I want to throw money away into something. Ammo will always have value.
Posted by loogaroo
Welsh
Member since Dec 2005
31610 posts
Posted on 3/16/23 at 6:27 am to
quote:

How will politicians launder money?


They just take it now. No one is going to stop them.
Posted by Gifman
Member since Jan 2021
9827 posts
Posted on 3/16/23 at 6:42 am to
Posted by Lou the Jew from LSU
Member since Oct 2006
4738 posts
Posted on 3/16/23 at 6:45 am to
quote:

How will politicians launder money?


War
Posted by OGM
Baton Rouge
Member since Aug 2020
464 posts
Posted on 3/16/23 at 6:49 am to
Does that mean they’ll solve the problem of your account being charged for depositing someone else’s bad check? Where does that money go anyway?
Posted by Nosevens
Member since Apr 2019
10721 posts
Posted on 3/16/23 at 7:25 am to
These fed cocksuckers got their idea from watching Hollywood old space movies like Star Wars. We will be dealing with Credits for exchange of goods.
Posted by Hopeful Doc
Member since Sep 2010
15056 posts
Posted on 3/16/23 at 7:34 am to
quote:

How will politicians launder money?




They get to use the Bank of Congress*




*Available to me, not to thee
Posted by cajunangelle
Member since Oct 2012
148109 posts
Posted on 3/16/23 at 8:38 am to
Once this is a done deal, like social security, welfare, food stamps.

No President will be able to undo this.

So the primary infighting is a distraction.

Their cherry on top will be indicting Trump; and McRomney declaring Trump broke GOP establishment rule number 1717NO45-bi law that no one indicted can run for President.

1717NO45-B bi law will also say no orange man can run so there!

But we will all still argue primaries of Ron v. Don and bitch daily about Biden as he laughs in his pudding cup.
Posted by teke184
Zachary, LA
Member since Jan 2007
96895 posts
Posted on 3/16/23 at 8:41 am to
Burying politicians may be as effective.
Posted by HeadSlash
TEAM LIVE BADASS - St. GEORGE
Member since Aug 2006
50121 posts
Posted on 3/16/23 at 9:00 am to
quote:

Burying politicians may be as effective.


Let their corpses rot as a sign for others
Posted by cajunangelle
Member since Oct 2012
148109 posts
Posted on 3/16/23 at 9:45 am to
There is a committee meeting somewhere in DC acting as if there will ever be justice.

With Kev slow rolling out J6th videos; so like SpyGate, it will be 3 years later before anyone knows J6 was a huge bird-dogging trick with FBI agents.
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