Biden to sign executive order on Crypto

phcitywarrior

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Just seems they are looking into it. A digital currency idea is interesting
:ehh:

Breh..I suggest you read up on the mechanisms of a Central Bank Digital Currency (CBDC). It is not the move in any way shape or form.

Trust and believe

It’s just a plan to make a plan.

Also… I don’t think you can vote your way out of what the government will end up doing to regulate crypto. Their end goal has to be their own digital currency that replaces all the meme coins.

Wouldn't Crypto ruin it's meaning if it's controlled by the government?

Yes it would. People should not fall for the okey dokie. The biggest thing about crypto is that it's decentralized, a CBDC is exactly the opposite of that. I've been hearing the Feds have let crypto run for a bit but eventually, they'll pull the plug on it and try to replace it with the CDBC. It's some years away but it is in the works.
 

SoSoSlick

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Janet Yellen: US Treasury, Other Departments Will Publish Report on Money Under Biden Crypto Executive Order

Under the executive order, Treasury will partner with interagency colleagues to produce a report on the future of money and payment systems. We’ll also convene the Financial Stability Oversight Council to evaluate the potential financial stability risks of digital assets and assess whether appropriate safeguards are in place. And, because the questions raised by digital assets often have important cross-border dimensions, we’ll work with our international partners to promote robust standards and a level playing field.

A bowl of nothing lol
Crypto pumping after this BS leaked.
 

ItzRailT

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He doing everything to make sure he gets smoked in the midterms and don’t get re-elected smh.
 
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