There Are Currently At Least 80 Central Banks Around the World Looking at Digital Currencies (bankrupt, loans)

[Artisan10]

Nancy Pelosi tried to sneak digital currency into one of the "stimulus bills".

How long before our currency goes digital?


https://www.thegatewaypundit.com/202...al-currencies/

[NJ Brazen_3133]

Every sovereign currency already has a digital form.

[Peasy973]

They have to maintain power at all costs. Something they learned from the 2008 meltdown.

[PacoMartin]

Originally Posted by NJ Brazen_3133

Every sovereign currency already has a digital form.

Credit Cards are privately held loans. Digital currency refers to "sovereign money" backed by the central bank and in turn backed by the government. A central bank cannot go bankrupt.

[LordSquidworth]

Our currency has basically been digital as long as I can remember.

[SWFL_Native]

At least the $ is regulated.. it’s not perfect and out leadership behaves like toddlers.

The cryptos being unregulated is the Wild West and just wait until real money goes into them and people start using them for consumption rather than just a speculative trading tool.

[NJ Brazen_3133]

Originally Posted by PacoMartin

Credit Cards are privately held loans. Digital currency refers to "sovereign money" backed by the central bank and in turn backed by the government. A central bank cannot go bankrupt.

What about direct deposits, online banking etc etc?

[mojo101]

A central bank cannot go bankrupt.
of course it can,when the government toppled

[NJ Brazen_3133]

Originally Posted by mojo101

A central bank cannot go bankrupt.
of course it can,when the government toppled

Nope the central bank will survive a govt toppling, and usher in the next one it chooses and continue on as usual.

[Sunbiz1]

Originally Posted by NJ Brazen_3133

Every sovereign currency already has a digital form.

Then why adopt a new one?.
Particularly one people will resist.