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<blockquote data-quote="cowadle" data-source="post: 4142301" data-attributes="member: 7203"><p>the way i understand digital currency from the fed own description. there will no cash or coin. your bank account will not be at a private bank anymore either. everyone will be required to have a digital wallet at the Federal Reserve Central Bank. any and all transactions will be handled from one wallet to another digitally. it will not be like using a credit card.... folks need to get their heads wrapped around this because it is coming. also a big one is that the currency will be programmable....in other words if your social credit score isn't up to snuff they can deny the transfer of currency. your to fat? no hamburger? etc etc</p></blockquote><p></p>
[QUOTE="cowadle, post: 4142301, member: 7203"] the way i understand digital currency from the fed own description. there will no cash or coin. your bank account will not be at a private bank anymore either. everyone will be required to have a digital wallet at the Federal Reserve Central Bank. any and all transactions will be handled from one wallet to another digitally. it will not be like using a credit card.... folks need to get their heads wrapped around this because it is coming. also a big one is that the currency will be programmable....in other words if your social credit score isn't up to snuff they can deny the transfer of currency. your to fat? no hamburger? etc etc [/QUOTE]
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