That is absolutely incorrect.
There are processing fees for businesses to process card transactions and cryptos.
Funny. You never saw the Trump administration proposing anything close to socialist banking.
you are so wrong. the banks are going digital. They are not ready yet. When it comes down you will be shocked. Then you will remember this.
This will not happen for decades.credit card machine will be gone... the middleman will be gone... the people who run the machine will lose their job
it will go... customer -- to bank by software... to business. all by digital coin
As if credit card accounts are just going to disappear too. Derp.
This will not happen for decades.
"Real-time payments will be here in the near term, and digital currencies may be part of that future," says Fraser, who took over as CEO in March.This will not happen for decades.
wrong china already put it out for their people.. we have to do the same.. You will see.
As if credit card accounts are just going to disappear too. Derp.
Did the yuan disappear then, knucklehead?
So you're saying they're going to create an entirely new currency and all dollars will cease to exist? LMAO.
You never have a single clue.
not getting rid of currency... just the physical dollar...i guess u cannot read
BIS Innovation Hub work on central bank digital currency (CBDC)
Interest in CBDC has grown in response to changes in payments, finance and technology, as well as the disruption caused by Covid-19. A 2021 BIS survey of central banks found that 86% are actively researching the potential for CBDCs, 60% were experimenting with the technology and 14% were deploying pilot projects.
In simple terms, a central bank digital currency (CBDC) would be a digital banknote. It could be used by individuals to pay businesses, shops or each other (a "retail CBDC"), or between financial institutions to settle trades in financial markets (a "wholesale CBDC").
Central banks are exploring whether CBDC could help them to achieve their public good objectives, such as safeguarding public trust in money, maintaining price stability and ensuring safe and resilient payment systems and infrastructure.
If successful, CBDCs could ensure that, as economies go digital, the general public would retain access to the safest form of money - a claim on a central bank. This could promote diversity in payment options, make cross-border payments faster and cheaper, increase financial inclusion and possibly facilitate fiscal transfers in times of economic crisis (such as a pandemic).
monkey never heard of the BIS
Great. That says absolutely fuck all about replacing the dollar or socialized, government controlled bank accounts.
that is what china is doing... give it time it will happen here. Need to keep the dollar to be used by other countries
You'll be dead by then, geezer. WTF do you care?
Guy can't comprehend what he's reading but thinks he knows the "future of money". LOL.
We'll do everything we have to in order to fight these socialists while you'll be dead or hiding under your bed as usual.
Great Has NOTHING to do with what was stated by the Biden nominee about federally controlled individual bank accounts, genius.
Great Has NOTHING to do with what was stated by the Biden nominee about federally controlled individual bank accounts, genius.
I hate the Bushes. Every one of them. GWB was the worst President of my lifetime before Biden came along.
they won't break up the parties... no outsiders.
That's exactly what Trump is doing right now.
He's eradicating as many neocons from the Republican Party as he can.
Trump is the outsider.
That's why they had to make up Russian collusion lies about him.
It's why they're still focused on 1/6 as the country turns to absolute shit.
U.S. Is Already Exporting Oil From Strategic Reserve at Record Pace
By
Devika Krishna Kumar
+Get Alerts
November 10, 2021, 4:08 PM EST
- Three cargoes loaded onto a supertanker headed for Asia
- Democrats pressure Biden to consider SPR release, export ban
About 1.6 million barrels of crude from the U.S. Strategic Petroleum Reserve -- a monthly record -- was shipped out in October, according to data from market intelligence firm Kpler. Three cargoes were loaded onto a supertanker in the U.S. Gulf Coast and are headed to Asia.
nothing to the US ??? wtf