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 Federal Reserve weighs creating 'digital cash' that would allow direct transfers |
Aaron Scott |
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Cojak |
I have enjoyed Acts. I have learned a lot here. I have lifted many prayers for the posters here.
I never thought I would worry about your sanity, BUT I read that article, shucks I don't even understand this.........and it is unlikely that a digital dollar would use distributed ledger technology such as blockchain.  LOL
Anyway this is very interesting. I did not know that we were even close to seriously considering this. To be honest we have enjoyed being able to have our utilities paid directly by the bank. Having our pay directly deposited in our accounts. We even pay our property taxes monthly automatically. It is so convenient. BUT it scares me not to have some green backs in my wallet. What about street vendors?
CAn I have money in CUs and Banks also?
Boy, oh boy, this stuff can confuse an Old man, BUT it is interesting reading. But it scares me that someone wants to copy China. OUCH!!
Anyway, lot there to think about.
Probably someone can enlighten me on prophecy and how it fits in, huh? 
_________________
Some facts but mostly just my opinion!
jacsher@aol.com
http://shipslog-jack.blogspot.com/ |
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Posts: 24285
1/21/22 1:46 pm
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| Cojak, it is indeed very convenient. |
Aaron Scott |
We, too, like to handle bills via electronic transfers, etc.
The issue, I think, is that if money is digitalized completely, it can likely be locked down to ensure that only the "approved" can buy or sell.
Even though I am vaccinated, it seems that we may one day get to the place where we have to have this booster, then the next booster, then the next, for our "vaccine passport" to be accepted. Consider how that could get people locked out of jobs, etc.
Just my thoughts. But I'm with you--I like the convenience. I just don't like the possible implications. |
Hon. Dr. in Acts-celeratology
Posts: 6042
1/24/22 11:32 am
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Cojak |
Oh yeah, I can see how it could be used as a BIG LEVER!
On the shots I am hoping level heads will prevail soon with so many mandates being shot down. I never get the Flu shot, Sherry gets it every year without fail. 
_________________
Some facts but mostly just my opinion!
jacsher@aol.com
http://shipslog-jack.blogspot.com/ |
01000001 01100011 01110100 01110011
Posts: 24285
1/24/22 1:40 pm
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