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Biden to Order Study of Cryptocurrency Risk, Creation of U.S. Digital Currency

Comments

  • RaceBannonRaceBannon Member, Swaye's Wigwam Posts: 107,786 Founders Club
    I don't get bitcoin despite being an avid reader of this board

    But one thing I have always thought is that there is no way the government or governments are going to let a currency they don't control last long term

    I could be horribly wrong but that's my opinion man
  • FlymanFlyman Member Posts: 11
    Biden isn’t capable of studying anything, his handlers will if anyone does. Let’s Go Brandon! 😎
  • BleachedAnusDawgBleachedAnusDawg Member Posts: 11,993
    Digital USD is how the government and corporate class will finally turn us all in to serfs.
  • UW_Doog_BotUW_Doog_Bot Member, Swaye's Wigwam Posts: 16,220 Swaye's Wigwam
    The entire concept of a "government cryptocurrency" is antithetical to the point of a crypto currency i.e. privacy and independent anonymity that the government can't just print more of.

    They are waking up to the threat crypto is to there monopoly on fiat currency.
  • PurpleThrobberPurpleThrobber Member Posts: 44,881 Standard Supporter

    The entire concept of a "government cryptocurrency" is antithetical to the point of a crypto currency i.e. privacy and independent anonymity that the government can't just print more of.

    They are waking up to the threat crypto is to there monopoly on fiat currency.

    The dipshits got the order wrong in their takeover bid.

    They should have gone down the digital currency path first. All warm and fuzzy and convenience and shit. Just like debit cards ONLY BETTER!!!

    Then ran the pandemic play (with which they could have controlled behaviors via the moola).

    Leave it to the government to fuck things up.

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