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Interesting pilot program from our friends at the NY Fed
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Interesting pilot program from our friends at the NY Fed


Nov 16, 2022, 12:45 PM

I read this as a proof-of-concept exercise for the financial system to use digital currency (i.e. Central Bank Digital Coin, or FedCoin). Big, big yikes.


https://www.newyorkfed.org/newsevents/news/financial-services-and-infrastructure/2022/20221115



https://www.newyorkfed.org/aboutthefed/nyic/facilitating-wholesale-digital-asset-settlement
Facilitating Wholesale Digital Asset Settlement
The New York Innovation Center is participating in a proof-of-concept project to explore the feasibility of a theoretical payments system which would facilitate wholesale digital asset transactions.



Interestingly, a year-ish later than this was posted...
https://www.tigernet.com/clemson-forum/message/id-like-to-go-on-record-29574887
I'd like to go on record
I'd like to go on record
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And that's the end of humanity


Nov 16, 2022, 12:46 PM

.

military_donation.jpg flag link military_tech thumb_downthumb_up

think of what Canada did to the truckers?


Nov 16, 2022, 1:00 PM

Now put all money as digital. The gov can shut you off at anytime that way. Protestors, shut their money down.

2024 white level memberbadge-donor-10yr.jpg2005_majors_champ.jpgbadge-ringofhonor-xtiger.jpg flag link military_tech thumb_downthumb_up


Re: Interesting pilot program from our friends at the NY Fed


Nov 16, 2022, 1:17 PM

Really...anyone who thinks this is a good idea is crazy.

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Re: Interesting pilot program from our friends at the NY Fed


Nov 16, 2022, 3:06 PM

liberal democrats will assure everyone it is better than paper money, and immediately 150 million people will believe it.

flag link military_tech thumb_downthumb_up


Been plotting this since 1913; actually since Waterloo...


Nov 16, 2022, 9:22 PM

Read your history.

2024 white level memberbadge-donor-10yr.jpg flag link military_tech thumb_downthumb_up


Replies: 5
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