Monday, July 27, 2020

Silicon Valley Oligarchs dunnit

If some Congress members get their way, the Federal Reserve may soon be able to track many of your purchases in real time and share that information with government agencies. This is just one of the problems with the proposed “digital dollar” or “fedcoin.”
ron paul 

No, it is actually Silicon Valley that is rejecting digital bearer assets.  They do not want to lose control of add revenue and they refuse any attempt to create handheld digital bearer assets. The Fed can over rule Silicon Valley, but not until after the default when the New Fed contract comes into pay.

This is the standard method to update central bank technology.

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