"A digital currency could make the kind of stimulus payments of the coronavirus pandemic nearly instantaneous and far more efficient, he said, possibly even reaching people who have previously been shut out of banking services.
Bordo pointed to the Bahamas’ digital currency as an example of how the unbanked can benefit.
“They found that it really worked, and they came up with ways to make it real simple, because there’s a lot of very low-income people who don’t have bank accounts,” Bordo said."
UBI. It's coming.
I can't say what I want to say here - which means I just said it.
And anyone who thinks that a savior will walk this back once it's implemented - well, my first sentence applies to you, too.
Keep your eyes on the XRP SEC lawsuit. I have a feeling that the roll out and wrap up of that case will come in tandem or at least close together.
This will NEVER roll back. Not in our lifetime. I take that back. This will roll back in hundreds of years when they find some new way to f__k with humans.
This will NEVER roll back.
Exactly - and we can take pride in our legacy of enslaving generations to come. /ssss
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