Digital Dollar will come 20 MAY 2022 and cash will be destroyed

The United States of America went through three great shocks:

1. Creation of Federal Reserve
2. 1933 gold confiscation
3. Nixon ending gold/dollar convertability

Now the United States of America is planning a secret fourth shock:
4. The destruction of the dollar/cash and the introduction of a digital dollar !

(The fear is that this will give the goverment to much control over it's citizens)
(The 2022 Russia special military operation in Ukraine has lead to the rest of the world banning Russia from all kinds of systems, including banking systems, services, companies, etc. a major sign of things to come. Will Russia transition towards bitcoin ? Will other countries transition towards bitcoin ? Will there be a war between bitcoin and digital dollar ? Will there be a crack down on bitcoin ? Was the covid-19 pandemic a beta test to see how people would react to cashless systems and lock downs, restrictions, denied access, etc ?!) 

The rumor is that on 20 may 2022 current USA president Biden will announce this on television, just like a USA President Nixon shocker !

Details:

    Research Firm’s Past Prediction 1: DotCom Bust. In the March 2000 issue of International Speculator, Doug Casey wrote: “Will this be the first bubble in history that doesn’t bust? I think not. … I’m of the opinion that the world’s financial structure is a gigantic house of cards, and when the inevitable happens it’s going to be a catastrophe.” The Nasdaq reached a then-peak of 5,132 on March 10, 2010. :(https://finance.yahoo.com/chart/%5EIXIC)

    Nancy Pelosi’s Leaked Document: Refers to an early draft of the CARES act, which contained language for a digital dollar on page 314: https://apps.npr.org/documents/document.html?id=6817441-House-Democrats-Counterproposal-For-Stimulus

    Senate Bill introduced by Sherrod Brown contains language to establish a digital Dollar: https://www.banking.senate.gov/imo/media/doc/SIL20449.pdf

    Organizations that support digital currencies through Better than Cash Alliance includes U.N., Clinton Foundation, and IMF: https://www.betterthancash.org/about/members

    Federal Reserve exploring digital Dollar: https://www.federalreserve.gov/newsevents/speech/brainard20200813a.htm

    Headline: Fed Prepares to Launch Review of Possible Central Bank Digital Currency: https://www.wsj.com/articles/fed-prepares-to-launch-review-of-possible-central-bank-digital-currency-11633339800

    Chase, Wells Fargo, Citigroup all have issued digital wallets in preparation for digital currencies:
        https://www.citi.com/credit-cards/credit-card-rewards/digital-wallets-and-virtual-wallets
        https://www.wellsfargo.com/mobile/payments/
        https://www.chase.com/digital/digital-payments/additional-wallets

    Starbucks, McDonalds and Whole Foods have each taken steps to ban cash to varying degrees

    Visa patent: http://appft1.uspto.gov/netacgi/nph-Parser?Sect1=PTO1&Sect2=HITOFF&d=PG01&p=1&u=/netahtml/PTO/srchnum.html&r=1&f=G&l=50&s1=20200151682.PGNR.

    Three shocks referred to are creation of Federal Reserve, 1933 gold confiscation, and Nixon ending gold/dollar convertability

    Claim: ‘$1.9 Trillion’ refers to number of paper US Dollars in circulation: https://www.federalreserve.gov/faqs/currency_12773.htm

    Reference to Monday morning is Monday, March 23rd. Nancy Pelosi introduced the Cares Act with Digital Dollar language: https://news.bloomberglaw.com/banking-law/house-democrats-consider-digital-wallets-for-crisis-payments

    Bill Gates Supports the End of Cash: Betterthancash.org is a project of the Bill and Melinda Gates Foundation. The organization’s goal is to replace cash with digital currencies worldwide.

    Microsoft Patent: https://patentscope.wipo.int/search/en/detail.jsf?docId=WO2020060606

    Companies using various ‘cashless’ policies:
        https://www.pymnts.com/cash/2019/mcdonalds-kiosks-useless-millions-unbanked-united-states-households/
        https://www.disneyfoodblog.com/2018/09/14/disney-worlds-animal-kingdom-lodge-has-gone-cashless-but-what-does-that-mean/
        https://www.eater.com/2018/8/8/17664984/shake-shack-cashless-kiosks
        https://www.seattletimes.com/business/starbucks/starbucks-will-reopen-85-percent-of-its-coffee-shops-but-with-new-protocols/
        https://fortune.com/2020/04/27/whole-foods-cash-payments-restricted-some-stores/
        https://www.eatthis.com/cashless-restaurants-coronavirus/
        https://www.paymentssource.com/list/7-companies-that-dare-to-deny-cash

    Bill Gates quote: https://www.economist.com/by-invitation/2020/04/23/bill-gates-on-how-to-fight-future-pandemics

    Panic of 1907: https://en.wikipedia.org/wiki/Panic_of_1907

    “Dangerous legislation’ refers to Federal Reserve Act of 1913: https://www.google.com/search?q=federal+reserve+act+of+1913&oq=federal+reserve+act+of&aqs=chrome.0.0j69i57j0l6.3725j0j4&sourceid=chrome&ie=UTF-8

    Great Depresson “Employment in manufacturing declined to 67 percent of its 1929 level by 1933.”: https://www.encyclopedia.com/economics/encyclopedias-almanacs-transcripts-and-maps/industry-effects-great-depression

    96% of dollar value lost: https://www.politifact.com/factchecks/2010/nov/24/virginia-tea-party-patriots/virginia-tea-party-says-dollar-has-lost-98-percent/

    Gold confiscation refers to Emergency Banking Act of 1933 and Executive Order 6102:
        https://www.federalreservehistory.org/essays/emergency_banking_act_of_1933
        https://www.presidency.ucsb.edu/documents/executive-order-6102-requiring-gold-coin-gold-bullion-and-gold-certificates-be-delivered

    $30 million in wealth: https://auctions.stacksbowers.com/lots/view/3- 6TDFN/1933-saint-gaudens-double-eagle

    The 3rd Shock refers to the Nixon Shock, address given August 15, 1971: https://www.youtube.com/watch?v=7_Xw5tWsOQo

    https://www.thedrive.com/news/9942/check-out-this-cool-infographic-of-ford-f-150-prices-over-the-years Truck prices here. – Spreadsheet: Real Price of Wheels

    https://www.infoplease.com/business-finance/poverty-and-income/capita-personal-income Assume 2,080 working hours in a year:
        https://www.google.com/search?q=how+many+working+hours+in+a+year&oq=how+many+working+hours&aqs=chrome.0.0j69i57j0l6.3365j0j4&sourceid=chrome&ie=UTF-8

    Hours to afford a mortgage in each city: https://www.forbes.com/sites/amydobson/2018/10/30/how-many-hours-you-need-to-work-a-month-to-afford-a-mortgage-in-each-city/?sh=e4b613a42857

    A Digital Nixon Shock? https://www.project-syndicate.org/commentary/digital-money-alternatives-to-dollar-by-harold-james-2021-07

    1971 References: https://wtfhappenedin1971.com/

    Claim: 7-year auto loan: https://www.wsj.com/articles/the-seven-year-auto-loan-americas-middle-class-cant-afford-their-cars-11569941215

    Early draft of CARES Act: https://apps.npr.org/documents/document.html?id=6817441-House-Democrats-Counterproposal-For-Stimulus

    Senate Bill: Sherrod Brown introduced a bill in the Senate in March, 2019 that introduced a Digital Dollar: https://www.banking.senate.gov/imo/media/doc/SIL20449.pdf

    Microsoft Patent 060606: https://patentscope.wipo.int/search/en/detail.jsf?docId=WO2020060606

    Visa patent: http://appft1.uspto.gov/netacgi/nph-Parser?Sect1=PTO1&Sect2=HITOFF&d=PG01&p=1&u=/netahtml/PTO/srchnum.html&r=1&f=G&l=50&s1=20200151682.PGNR.

    Bill Gates Pledge: https://givingpledge.org/About.aspx

    The Better Than Cash Alliance:
        https://www.betterthancash.org/about/purpose
        List of BTC Alliance members can be found on ‘members’ link

    ID2020: https://www.biometricupdate.com/201909/id2020-and-partners-launch-program-to-provide-digital-id-with-vaccines

    Digital Dollar Control Over Population: https://www.coindesk.com/digital-dollars-will-give-the-state-too-much-control-over-money

    China Social Credit Score: https://www.businessinsider.com/china-social-credit-system-punishments-and-rewards-explained-2018-4

    Introducing the ‘Great Reset,’ World Leaders’ Radical Plan to Transform the Economy: https://thehill.com/opinion/energy-environment/504499-introducing-the-great-reset-world-leaders-radical-plan-to

    Fed’s Lael Brainard Pushes Digital Dollar as Central Bank Currency Race Heats Up: https://www.cnbc.com/2021/05/24/feds-lael-brainard-pushes-digital-dollar-as-central-bank-currency-race-heats-up.html

    https://www.opensecrets.org/members-of-congress/don-beyer/expenditures?cid=N00036018&cycle=2016&type=I

    “Notwithstanding any other provision of law, the Board of Governors of the Federal Reserve System is authorized to issue digital versions of Federal reserve notes in addition to current physical Federal reserve notes.”: https://www.congress.gov/bill/117th-congress/house-bill/4741/text

    Ron Paul Quote: https://internationalman.com/articles/the-war-on-cash-transparently-totalitarian/

    Dual threat here: savings in cash could expire: https://www.thelocal.se/20160629/use-it-or-lose-it-swedish-bank-notes-expire-this-week/ -or- banks could take interest rates negative, and depositors would lose on every dollar in the bank: https://www.marketwatch.com/story/how-negative-interest-rates-take-money-out-of-your-pocket-2016-04-12

    Cyprus Central Bank Announces 47.5 Percent Haircut: https://www.reuters.com/article/cyprus-bankofcyprus/cyprus-central-bank-announces-47-5-percent-haircut-on-large-bank-of-cyprus-deposits-idUSL6N0G033120130730

    Chase accused of purging accounts of conservatives: https://nypost.com/2019/05/25/jpmorgan-chase-accused-of-purging-accounts-of-conservative-activists/

    Expiring currency technlogy: https://bfsi.economictimes.indiatimes.com/news/policy/digital-currency-yuan-comes-with-an-expiry-date-spend-or-it-will-vanish/82059471

    FinTech: https://www.thewealthadvisor.com/article/fintech-killing-banks-23-trillion-opportunity-ahead

    Biden Bank Regulator Nominee Reveals Her Plan to Radically Transform US Economy: https://thehill.com/opinion/finance/578153-biden-bank-regulator-nominee-reveals-her-plan-to-radically-transform-us?rl=1

    Biden’s Task: Overhaul the Economy, as Fast as Possible: https://www.nytimes.com/2021/03/24/business/biden-economy-infrastructure.html

    Biden Pitches ‘Historic’ Spending Plan to Transform America: https://www.barrons.com/news/biden-announces-1-75-trillion-us-spending-deal-ahead-of-europe-trip-01635426608

    Investors Can’t Get Enough of Fintech. Here’s Why: https://www.netsuite.com/portal/business-benchmark-brainyard/industries/articles/entrepreneur/fintech-investors.shtml

    Fintech Mark Reports Rapid Growth During Covid-19 Pandemic: https://www.worldbank.org/en/news/press-release/2020/12/03/fintech-market-reports-rapid-growth-during-covid-19-pandemic

    Fintech will lead the charge in the post-COVID-19 recovery: https://www.fintechmagazine.com/financial-services-finserv/fintech-will-lead-charge-post-covid-19-recovery

    2 Out of 3 Americans say they would take a pay cut to work remotely full time: https://www.businessinsider.com/65-percent-americans-take-pay-cuts-work-remotely-full-time-2021-8

    Why are Corporations Moving to Texas and Florida? https://www.ny-engineers.com/blog/why-are-corporations-moving-to-texas-and-florida

    February 28, 2022 date of action refers to report from Bloomberg that Biden administration will issue executive order in February with language about Central Bank Digital Currency: https://www.bloomberg.com/news/articles/2022-01-21/white-house-is-set-to-put-itself-at-center-of-u-s-crypto-policy?sref=qpwbmgSU

    May 20, 2022 date refers to end of comment period for Federal Reserve/CBDC white paper: https://www.bloomberg.com/news/articles/2022-01-21/white-house-is-set-to-put-itself-at-center-of-u-s-crypto-policy?sref=qpwbmgSU


Feedback ends 20 may 2022:

https://www.bloomberg.com/crypto?sref=qpwbmgSU

Here is the latest:

https://www.bloomberg.com/news/articles/2022-03-09/biden-pushes-for-more-coordinated-approach-to-crypto-oversight?srnd=cryptocurrencies-v2

Bye,
  Skybuck.