Godlike Productions - Discussion Forum
Users Online Now: 2,034 (Who's On?)Visitors Today: 1,869,590
Pageviews Today: 2,763,184Threads Today: 749Posts Today: 15,695
10:34 PM


Rate this Thread

Absolute BS Crap Reasonable Nice Amazing
 

US Launching Five Digital Dollar Pilot Programs

 
Anonymous Coward
User ID: 72411668
United States
05/04/2021 11:08 AM
Report Abusive Post
Report Copyright Violation
Re: US Launching Five Digital Dollar Pilot Programs
I pay cash for everything (except houses
and cars - checks)
I RARELY get in line ANYWHERE and see people
doing likewise.

They either pay with plastic, or wait until
they are rung up, and then their feeble, shaky
hands reach inside their pocketbooks, pull out
a checkbook and proceed to write a check in
SLOW-MOTION.

I have asked cashiers how many people pay with
cash, and the answer's always the same:
"NOT MANY".
 Quoting: Anonymous Coward 80312889


While I am still a strong advocate for coin or printed money, it is far from practical for most everyday uses. I might uses cash for tobacco or ice cream, but that is about it.

Who wants to walk inside to pay cash every time you fuel up? How many times per month do you have to drive to the bank to take out hundreds of dollars for weekly food/fuel expenses?

Charge cards is the way to go--easier to keep track of your budget and can actually profit a bit from those. The big trick is not to overspend. I have not paid a dime in interest (other than mortgage) for years. Nope, I actually collect money from the banks--can't do that with cash.

Some people are not fit to have a credit account of any sort--they should stick with cash but are likely the biggest beggars for ever more credit.

There is something wrong with people that still write checks at the grocery store.
BullionDude  (OP)

User ID: 80028000
United States
05/04/2021 11:08 AM
Report Abusive Post
Report Copyright Violation
Re: US Launching Five Digital Dollar Pilot Programs
Ordering a pizza in the digital age. This is old but I think we are getting closer.

Anonymous Coward
User ID: 73703147
United States
05/04/2021 11:25 AM
Report Abusive Post
Report Copyright Violation
Re: US Launching Five Digital Dollar Pilot Programs
It won't matter which one they use.

The world will be sending soon anyays.
Dukembg

User ID: 65443660
United States
05/04/2021 11:42 AM
Report Abusive Post
Report Copyright Violation
Re: US Launching Five Digital Dollar Pilot Programs
Just in time for the great reset expected by the end of the year.

We already know they just copied China’s code so we’re just testing infrastructure now.
Prepare yourself for the coming power outage!!

Thread: Cyber Attack = American Blackout!!! Power Grid Vulnerable!
Anonymous Coward
User ID: 13272055
Denmark
05/04/2021 11:44 AM
Report Abusive Post
Report Copyright Violation
Re: US Launching Five Digital Dollar Pilot Programs
[link to coinmarketcap.com (secure)]
Anonymous Coward
User ID: 13272055
Denmark
05/04/2021 11:47 AM
Report Abusive Post
Report Copyright Violation
Re: US Launching Five Digital Dollar Pilot Programs
[link to www.marscoin.org (secure)]
Anonymous Coward
User ID: 80310592
United Kingdom
05/04/2021 11:50 AM
Report Abusive Post
Report Copyright Violation
Re: US Launching Five Digital Dollar Pilot Programs
:chaching:

doge will be the new world currency get in now!
 Quoting: Grove Street


Stfu about doge...
 Quoting: Anonymous Coward 40968535


lol

if you only knew
 Quoting: Grove Street


You obviously know fuck all
Anonymous Coward
User ID: 80311678
05/04/2021 11:51 AM
Report Abusive Post
Report Copyright Violation
Re: US Launching Five Digital Dollar Pilot Programs
Xrp
Anonymous Coward
User ID: 13272055
Denmark
05/04/2021 11:57 AM
Report Abusive Post
Report Copyright Violation
Re: US Launching Five Digital Dollar Pilot Programs
Travel to mars and build huge sex dungeons

MARSCOIN
JellyTelly1

User ID: 79658944
Czechia
05/04/2021 12:05 PM
Report Abusive Post
Report Copyright Violation
Re: US Launching Five Digital Dollar Pilot Programs
Will be the norm within ten years when dollar crashes.
Surely seems like the "apocalypse", don't you think?
Anonymous Coward
User ID: 18531068
United States
05/04/2021 12:16 PM
Report Abusive Post
Report Copyright Violation
Re: US Launching Five Digital Dollar Pilot Programs
Just in time for the great reset expected by the end of the year.

We already know they just copied China’s code so we’re just testing infrastructure now.
 Quoting: Dukembg


you can guarantee all the programmers and bankers implementing the US's version are all mostly asian too

clown world
Anonymous Coward
User ID: 54469829
United States
05/04/2021 12:25 PM
Report Abusive Post
Report Copyright Violation
Re: US Launching Five Digital Dollar Pilot Programs
Don't see how banks are willing to go along with this and lose their percentage when so many people pay strictly with cards now.

People think Bank of America/Visa is just going to give up that business moving trillions of dollars each year?

I use cards for almost every purchase because of all the incentives like cash back programs.

What's Uncle Sam going to offer that's any better than today's debit or credit card?

What's the use of duplicating efforts?
Agent 99

User ID: 77082640
United States
05/04/2021 12:30 PM

Report Abusive Post
Report Copyright Violation
Re: US Launching Five Digital Dollar Pilot Programs
Don't see how banks are willing to go along with this and lose their percentage when so many people pay strictly with cards now.

People think Bank of America/Visa is just going to give up that business moving trillions of dollars each year?

I use cards for almost every purchase because of all the incentives like cash back programs.

What's Uncle Sam going to offer that's any better than today's debit or credit card?

What's the use of duplicating efforts?
 Quoting: Anonymous Coward 54469829


Sign at my Wells Fargo branch, CLOSING PERMANENTLY July 14, 2021.
Anonymous Coward
User ID: 74873148
United States
05/04/2021 12:33 PM
Report Abusive Post
Report Copyright Violation
Re: US Launching Five Digital Dollar Pilot Programs
“It’s not a panacea for all money,” Treat said. “We will be using physical cash and coin for some time.”

Sure we will... until one day the government pulls an FDR executive order 6102 and confiscates all non-digital currencies.
 Quoting: BullionDude


Or confiscate the digital ones. Money grab.
Anonymous Coward
User ID: 80239746
United States
05/04/2021 12:36 PM
Report Abusive Post
Report Copyright Violation
Re: US Launching Five Digital Dollar Pilot Programs
A lot of you do NOT Understand the difference between Dollars and Digital Dollars...

Dollars, even in computer form, still follow the rules of paper money, they can be converted to paper cash anytime, very hard to track..

a Digital Dollar Currency, will be on a Blockchain technology, for digital use only, AND its extremely easy to track where that money goes once created, WHO it goes to, and can be digitally manipulated to 'reach in' to your account and pull taxes, fees, fines, whatever the Government wants to DO to you

you OWN paper currency, Gold & Silver, Commodities...

you will NEVER own, true digital currency, it is created and truly owned by the Government, and by its use you allow the Government to take some of it back, tax it, fine it and ALSO set an expiration date if need be, to PREVENT you from Saving it, use it or lose it if the government so chooses to increase money velocity...
WandererARG

User ID: 80277955
Argentina
05/04/2021 12:48 PM
Report Abusive Post
Report Copyright Violation
Re: US Launching Five Digital Dollar Pilot Programs
As a reminder, last month we reported that China's digiral yuan "is programmable. Beijing has tested expiration dates to encourage users to spend it quickly, for times when the economy needs a jump start." The Fed's digital dollar will have this functionality too, as well as many more

Expiration dates... insane
Wanderer
BullionDude  (OP)

User ID: 80028000
United States
05/05/2021 05:04 PM
Report Abusive Post
Report Copyright Violation
Re: US Launching Five Digital Dollar Pilot Programs
A lot of you do NOT Understand the difference between Dollars and Digital Dollars...

Dollars, even in computer form, still follow the rules of paper money, they can be converted to paper cash anytime, very hard to track..

a Digital Dollar Currency, will be on a Blockchain technology, for digital use only, AND its extremely easy to track where that money goes once created, WHO it goes to, and can be digitally manipulated to 'reach in' to your account and pull taxes, fees, fines, whatever the Government wants to DO to you

you OWN paper currency, Gold & Silver, Commodities...

you will NEVER own, true digital currency, it is created and truly owned by the Government, and by its use you allow the Government to take some of it back, tax it, fine it and ALSO set an expiration date if need be, to PREVENT you from Saving it, use it or lose it if the government so chooses to increase money velocity...
 Quoting: Anonymous Coward 80239746


hesright
Anonymous Coward
User ID: 80073096
United States
05/05/2021 11:18 PM
Report Abusive Post
Report Copyright Violation
Re: US Launching Five Digital Dollar Pilot Programs
What's Uncle Sam going to offer that's any better than today's debit or credit card?

What's the use of duplicating efforts?
 Quoting: Anonymous Coward 54469829


The banks want the transaction fees. And AI marketing strategies can ensue upon every transaction, bringing about 2 fold perks, dividends and embed transaction history bought and sold on international markets.
SaintVron

User ID: 71000553
United States
05/05/2021 11:47 PM
Report Abusive Post
Report Copyright Violation
Re: US Launching Five Digital Dollar Pilot Programs
when was the last time we needed paper money to get through a year of shopping paying bills entertainment the only reason we need pocket money is drugs the handout to the poor and when we need The Mark of the Beast to buy and sell the offering to the Church will be the only thing we can't do.
SaintVron

User ID: 71000553
United States
05/06/2021 12:17 AM
Report Abusive Post
Report Copyright Violation
Re: US Launching Five Digital Dollar Pilot Programs
When the dollar is not the world wide currency where does that leave the US holding 30Trillion in debt to other nations when they no-longer need us and come to collect what we owe them we can't pay our government workers or our military we can't borrow from them anymore. What do we do next year when we are broke? Not only broke also in debt!
JellyTelly1

User ID: 79658944
Czechia
05/06/2021 08:00 AM
Report Abusive Post
Report Copyright Violation
Re: US Launching Five Digital Dollar Pilot Programs
A lot of you do NOT Understand the difference between Dollars and Digital Dollars...

Dollars, even in computer form, still follow the rules of paper money, they can be converted to paper cash anytime, very hard to track..

a Digital Dollar Currency, will be on a Blockchain technology, for digital use only, AND its extremely easy to track where that money goes once created, WHO it goes to, and can be digitally manipulated to 'reach in' to your account and pull taxes, fees, fines, whatever the Government wants to DO to you

you OWN paper currency, Gold & Silver, Commodities...

you will NEVER own, true digital currency, it is created and truly owned by the Government, and by its use you allow the Government to take some of it back, tax it, fine it and ALSO set an expiration date if need be, to PREVENT you from Saving it, use it or lose it if the government so chooses to increase money velocity...
 Quoting: Anonymous Coward 80239746


hesright
 Quoting: BullionDude


Glad someone explained it.
Surely seems like the "apocalypse", don't you think?





GLP