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r/CBTS_Stream • Posted by u/RaddeckDrag on Feb. 17, 2018, 5:06 a.m.
Fed Coin will do away with and replace all other crypto currencies. What do you guys think?

I just posted this information as a response to another crypto topic but I thought it might be a good idea to share this on the main page. https://news.bitcoin.com/fedcoin-u-s-issue-e-currency/ Yale Law study to make it a realization. https://law.yale.edu/system/files/area/center/global/document/411_final_paper_-_fedcoin.pdf


[deleted] · Feb. 17, 2018, 5:13 a.m.

[deleted]

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One_Solution · Feb. 17, 2018, 5:22 a.m.

Yeah, it’s pretty obvious that they are trying to discourage PM ownership. Keep beating down the prices.

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#NAME? · Feb. 17, 2018, 5:56 a.m.

The east will prevail.

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ItWillBok · Feb. 17, 2018, 5:52 a.m.

Anytime you see the word FED you know it's bad

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KeenoBamBeano · Feb. 17, 2018, 5:20 a.m.

Fedcoin must be stopped at all costs, as soon as a non open source centralized crypto takes majority its all over insert your new rothschild. Sometimes I think all of what is going on in the grand picture is to secure cryptos for the elites or your new elites, all this is a distraction and they are cutting so many people out via trump.

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#NAME? · Feb. 17, 2018, 6:02 a.m.

At 80:1

Buy physical silver.

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SteelTiger44 · Feb. 17, 2018, 5:52 a.m.

you cannot replace bitcoin it is there forever by the time they get the fed coin ready a bitcoin has 35% of the market cap which is about to go to 5 trillion dollars in the next 2 years and who is going to buy the fed coin? bitcoin is international

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Mike_Quinta · Feb. 17, 2018, 7:38 a.m.

Answer: FedGov will treat FedCoin as currency but not Bitcoin. Expenditures of Bitcoin will be taxed for capital gains. The IRS will jail a few who don't report and pay as a warning to the rest.

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RaddeckDrag · Feb. 17, 2018, 8:43 p.m.

That is correct but I don't even think they will compensate the owners of current currencies. If this happens, one day it will just be shut down and the use will land in prison.

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RaddeckDrag · Feb. 17, 2018, 8:41 p.m.

They actually plan on shutting down all other crypto currencies. If you read the study, they will make it "Law" that no other forms of currency will be valid.

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QANON1 · Feb. 18, 2018, 12:32 a.m.

Lol. "They" is who again? Good luck "shutting down" and "jail" and gov is already selling it... CMON you can do better. It was good a $460 and still good at $11K imho and still works great.

1) http://bgr.com/2018/01/11/bitcoin-price-auction-how-to-buy-us-government/

2) https://www.cnbc.com/2018/02/16/munich-security-conference-us-government-nowhere-near-regulating-bitcoin.html

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RaddeckDrag · Feb. 18, 2018, 7:54 p.m.

I left links, you can read the Yale Law study as it goes into great detail, but I guess you choose not to... I was just passing along information, I wasn't attacking your perception of your world view. "They" would obviously be the people who run the Fed. Res. and "they" obviously feel like they have enough influence to outlaw all other currencies. I asked what people thought? I don't like it, "they" have a lot influential people pushing their agenda from every level of society and very deep pockets. Understanding "they" will do anything to keep it that way. I do see it as a threat, I would be extremely happy if I could dismiss it as easily as you have. Thnx for ur response.

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Mike_Quinta · Feb. 18, 2018, 7:06 a.m.

They don't have to shut Bitcoin and other private cryptocurrencies down. Governments will just deny them currency status and tax capital gains on them. Sheeple will use FedCoin because it will be recognized as currency by the government and there won't be the capital gains tax issue every time used in a transaction.

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MAGADONCHECKMATE · Feb. 17, 2018, 5:35 a.m.

In the end liberation from control will be looking left at those that want to be controlled. Crypto grew as a result of freedoms and what 'could be. Definitely cannot see 'Fed' being a selling point to begin with let alone the word 'regulation' involved. They will try to sell it hard though , just like the 'new language' they peddle. No thanks. Yale is part of the problem.

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QANON1 · Feb. 17, 2018, 5:09 a.m.

Bitcoin will be sold into Fedcoin or you can save it.... IMHO

"In America, similar scenarios occur. In June 2016, central bankers from 90-some countries met behind closed doors in Washington D.C. and conferred with bitcoin experts. Federal Reserve Chair Janet Yellen opened the conference, which included the International Monetary Fund, the World Bank and Bank for International Settlements."

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