More than 100 Democrats in the U.S. House of Representatives helped Republicans send what would be the country's first major cryptocurrency law to the desk of President Donald Trump.
This bill prohibits a Federal Reserve bank from offering products or services directly to an individual, maintaining an account on behalf of an individual, or issuing a central bank digital currency (i.e., a digital dollar). Further, the Board of Governors of the Federal Reserve System is prohibited from using a central bank digital currency to implement monetary policy or from testing, studying, creating, or implementing a central bank digital currency, with exceptions as provided by the bill.
Oh come the fuck on what. So the plan is to hand stable dollar digital payments entirely to private entities.
Super Cool.
Are you just waking up from a coma? Because they’ve been pretty open about wanting to privatize the government and run it like a business. Mitt Romney basically campaigned on that over a decade ago.
https://www.congress.gov/bill/119th-congress/house-bill/1919
Oh come the fuck on what. So the plan is to hand stable dollar digital payments entirely to private entities. Super Cool.
Are you just waking up from a coma? Because they’ve been pretty open about wanting to privatize the government and run it like a business. Mitt Romney basically campaigned on that over a decade ago.