01-28-2022, 04:35 PM
America COMPETES Act of 2022 and the announcement of the CBDC plus Bidens upcoming e
<table> <tr><td> <a href="https://www.reddit.com/r/CryptoCurrency/comments/sea92d/america_competes_act_of_2022_and_the_announcement/"> <img src="https://b.thumbs.redditmedia.com/6PNrpdFTTNXnf9Vh9cnv7x47BVbMWzkRDuZBFnBVqNQ.jpg" alt="America COMPETES Act of 2022 and the announcement of the CBDC plus Bidens upcoming executive order" title="America COMPETES Act of 2022 and the announcement of the CBDC plus Bidens upcoming executive order" /> </a> </td><td> <!-- SC_OFF --><div class="md"><p>​</p> <p>So these CBDC's will be really bad news.</p> <p>​</p> <p>I went through the last proposal so you didn't have to.</p> <p>TLDR:</p> <p>In short, they want unilateral power over money and to maintain control of global economies. They also fear Russia China and others are using crypto to skirt sanctions.</p> <p>They want complete control to spy and freeze funds in everyones accounts</p> <p>edit clarification: the top are screenshots from the CBDC proposal, they are eerily similar to the America Competes law listed below. One can deduce that with the power and flexibility of CBDC's they will give the treasury unilateral power</p> <p>​</p> <p>​</p> <p>​</p> <p>​</p> <p>If you stack this with the America COMPETES Act of 2022 which gives the TReasury <strong>unchecked and unilateral power to spy and halt or limit accounts and transactions.</strong></p> <p>Here are some screen shots</p> <p>The following are from the CBDC proposal: compare them to the screen shots below</p> <p><a href="https://www.federalreserve.gov/publications/files/money-and-payments-20220120.pdf">https://www.federalreserve.gov/publications/files/money-and-payments-20220120.pdf</a></p> <p>​</p> <p><a href="https://preview.redd.it/xkfj0sqmyae81.png?width=2158&format=png&auto=webp&s=c795ff1a7b9012e2d085dc97897b46896ddaa927">https://preview.redd.it/xkfj0sqmyae81.png?width=2158&format=png&auto=webp&s=c795ff1a7b9012e2d085dc97897b46896ddaa927</a></p> <p>​</p> <p><a href="https://preview.redd.it/dsy69lgryae81.png?width=2022&format=png&auto=webp&s=59dee7fdc7f6bad0d3a185e1c5c597fde7005ff2">https://preview.redd.it/dsy69lgryae81.png?width=2022&format=png&auto=webp&s=59dee7fdc7f6bad0d3a185e1c5c597fde7005ff2</a></p> <p><a href="https://preview.redd.it/nhlvgd2uyae81.png?width=2079&format=png&auto=webp&s=e9e985dfb9166b612c95a61528d13a31dfdfe1c6">https://preview.redd.it/nhlvgd2uyae81.png?width=2079&format=png&auto=webp&s=e9e985dfb9166b612c95a61528d13a31dfdfe1c6</a></p> <p>The link below can be compared to the Fed white paper above. These are going to be used in conjunction</p> <p><a href="https://rules.house.gov/sites/democrats.rules.house.gov/files/BILLS-117HR4521RH-RCP117-31.pdf">https://rules.house.gov/sites/democrats.rules.house.gov/files/BILLS-117HR4521RH-RCP117-31.pdf</a></p> <p>​</p> <p><a href="https://preview.redd.it/bugsisp70be81.png?width=2026&format=png&auto=webp&s=a7099b9d3a6d32cff8e6bf7b61cda3319a3d3d7b">https://preview.redd.it/bugsisp70be81.png?width=2026&format=png&auto=webp&s=a7099b9d3a6d32cff8e6bf7b61cda3319a3d3d7b</a></p> <p><a href="https://preview.redd.it/9cuncbhg0be81.png?width=2152&format=png&auto=webp&s=d2b06506058c9f5148e28a1a276691b09b716b00">https://preview.redd.it/9cuncbhg0be81.png?width=2152&format=png&auto=webp&s=d2b06506058c9f5148e28a1a276691b09b716b00</a></p> <p>​</p> <p><a href="https://preview.redd.it/nfbnruzq0be81.png?width=2048&format=png&auto=webp&s=f0bd55850d3d56f791dd7c94e540ffec087417e0">here is a little piece about concerns on Russia and China</a></p> <p>​</p> <p><a href="https://preview.redd.it/3ql96evy0be81.png?width=2292&format=png&auto=webp&s=de65b1af74cf66d55dcbde724d68fa2325a88a29">https://preview.redd.it/3ql96evy0be81.png?width=2292&format=png&auto=webp&s=de65b1af74cf66d55dcbde724d68fa2325a88a29</a></p> <p>FED NOW is a service that directly competes with XRP and will also be wholly controlled by the Federal reserve</p> <p>here is a link references Russia investing in BTC to get around sanctions.</p> <p><a href="https://www.telegraph.co.uk/technology/2019/01/14/russia-plans-tackle-us-sanctions-bitcoin-investment-says-kremlin/">https://www.telegraph.co.uk/technology/2019/01/14/russia-plans-tackle-us-sanctions-bitcoin-investment-says-kremlin/</a></p> <p>Lastly Biden will be using an executive order to provision and issue crypto rules next month</p> <p>This will be done under the banner of national security</p> <p><a href="https://www.barrons.com/articles/white-house-executive-action-regulate-cryptos-national-security-51643312454">https://www.barrons.com/articles/white-house-executive-action-regulate-cryptos-national-security-51643312454</a></p> <p>An executive order is a signed, written, and published directive from the President of the United States that manages operations of the federal government.</p> <p>​</p> <p>Executive orders are not legislation; they require no approval from Congress, and Congress cannot simply overturn them. Congress may pass legislation that might make it difficult, or even impossible, to carry out the order, such as removing funding. Only a sitting U.S. President may overturn an existing executive order by issuing another executive order to that effect.</p> <p>​</p> <p><a href="https://www.americanbar.org/groups/public_education/publications/teaching-legal-docs/what-is-an-executive-order-/">https://www.americanbar.org/groups/public_education/publications/teaching-legal-docs/what-is-an-executive-order-/</a></p> <p>​</p> <p>Personally I hope this goes all the way to the Supreme court as this is a gross violation of the 4th amendment </p> <p>The right of the people to be secure in their persons, houses, papers, and effects,<a href="https://en.wikipedia.org/wiki/Fourth_Amendment_to_the_United_States_Constitution#cite_note-2">[a]</a> against unreasonable searches and seizures, shall not be violated, and no Warrants shall issue, but upon probable cause, supported by Oath or affirmation, and particularly describing the place to be searched, and the persons or things to be seized.<a href="https://en.wikipedia.org/wiki/Fourth_Amendment_to_the_United_States_Constitution#cite_note-3">[2]</a> </p> <p>​</p> <p><a href="https://preview.redd.it/wdvfy1q2yce81.png?width=650&format=png&auto=webp&s=46fe900164ebabc8c793536f4f08a0cc616bd587">https://preview.redd.it/wdvfy1q2yce81.png?width=650&format=png&auto=webp&s=46fe900164ebabc8c793536f4f08a0cc616bd587</a></p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/HammondXX"> /u/HammondXX </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/sea92d/america_competes_act_of_2022_and_the_announcement/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/sea92d/america_competes_act_of_2022_and_the_announcement/">[comments]</a></span> </td></tr></table>Kind Regards R
<table> <tr><td> <a href="https://www.reddit.com/r/CryptoCurrency/comments/sea92d/america_competes_act_of_2022_and_the_announcement/"> <img src="https://b.thumbs.redditmedia.com/6PNrpdFTTNXnf9Vh9cnv7x47BVbMWzkRDuZBFnBVqNQ.jpg" alt="America COMPETES Act of 2022 and the announcement of the CBDC plus Bidens upcoming executive order" title="America COMPETES Act of 2022 and the announcement of the CBDC plus Bidens upcoming executive order" /> </a> </td><td> <!-- SC_OFF --><div class="md"><p>​</p> <p>So these CBDC's will be really bad news.</p> <p>​</p> <p>I went through the last proposal so you didn't have to.</p> <p>TLDR:</p> <p>In short, they want unilateral power over money and to maintain control of global economies. They also fear Russia China and others are using crypto to skirt sanctions.</p> <p>They want complete control to spy and freeze funds in everyones accounts</p> <p>edit clarification: the top are screenshots from the CBDC proposal, they are eerily similar to the America Competes law listed below. One can deduce that with the power and flexibility of CBDC's they will give the treasury unilateral power</p> <p>​</p> <p>​</p> <p>​</p> <p>​</p> <p>If you stack this with the America COMPETES Act of 2022 which gives the TReasury <strong>unchecked and unilateral power to spy and halt or limit accounts and transactions.</strong></p> <p>Here are some screen shots</p> <p>The following are from the CBDC proposal: compare them to the screen shots below</p> <p><a href="https://www.federalreserve.gov/publications/files/money-and-payments-20220120.pdf">https://www.federalreserve.gov/publications/files/money-and-payments-20220120.pdf</a></p> <p>​</p> <p><a href="https://preview.redd.it/xkfj0sqmyae81.png?width=2158&format=png&auto=webp&s=c795ff1a7b9012e2d085dc97897b46896ddaa927">https://preview.redd.it/xkfj0sqmyae81.png?width=2158&format=png&auto=webp&s=c795ff1a7b9012e2d085dc97897b46896ddaa927</a></p> <p>​</p> <p><a href="https://preview.redd.it/dsy69lgryae81.png?width=2022&format=png&auto=webp&s=59dee7fdc7f6bad0d3a185e1c5c597fde7005ff2">https://preview.redd.it/dsy69lgryae81.png?width=2022&format=png&auto=webp&s=59dee7fdc7f6bad0d3a185e1c5c597fde7005ff2</a></p> <p><a href="https://preview.redd.it/nhlvgd2uyae81.png?width=2079&format=png&auto=webp&s=e9e985dfb9166b612c95a61528d13a31dfdfe1c6">https://preview.redd.it/nhlvgd2uyae81.png?width=2079&format=png&auto=webp&s=e9e985dfb9166b612c95a61528d13a31dfdfe1c6</a></p> <p>The link below can be compared to the Fed white paper above. These are going to be used in conjunction</p> <p><a href="https://rules.house.gov/sites/democrats.rules.house.gov/files/BILLS-117HR4521RH-RCP117-31.pdf">https://rules.house.gov/sites/democrats.rules.house.gov/files/BILLS-117HR4521RH-RCP117-31.pdf</a></p> <p>​</p> <p><a href="https://preview.redd.it/bugsisp70be81.png?width=2026&format=png&auto=webp&s=a7099b9d3a6d32cff8e6bf7b61cda3319a3d3d7b">https://preview.redd.it/bugsisp70be81.png?width=2026&format=png&auto=webp&s=a7099b9d3a6d32cff8e6bf7b61cda3319a3d3d7b</a></p> <p><a href="https://preview.redd.it/9cuncbhg0be81.png?width=2152&format=png&auto=webp&s=d2b06506058c9f5148e28a1a276691b09b716b00">https://preview.redd.it/9cuncbhg0be81.png?width=2152&format=png&auto=webp&s=d2b06506058c9f5148e28a1a276691b09b716b00</a></p> <p>​</p> <p><a href="https://preview.redd.it/nfbnruzq0be81.png?width=2048&format=png&auto=webp&s=f0bd55850d3d56f791dd7c94e540ffec087417e0">here is a little piece about concerns on Russia and China</a></p> <p>​</p> <p><a href="https://preview.redd.it/3ql96evy0be81.png?width=2292&format=png&auto=webp&s=de65b1af74cf66d55dcbde724d68fa2325a88a29">https://preview.redd.it/3ql96evy0be81.png?width=2292&format=png&auto=webp&s=de65b1af74cf66d55dcbde724d68fa2325a88a29</a></p> <p>FED NOW is a service that directly competes with XRP and will also be wholly controlled by the Federal reserve</p> <p>here is a link references Russia investing in BTC to get around sanctions.</p> <p><a href="https://www.telegraph.co.uk/technology/2019/01/14/russia-plans-tackle-us-sanctions-bitcoin-investment-says-kremlin/">https://www.telegraph.co.uk/technology/2019/01/14/russia-plans-tackle-us-sanctions-bitcoin-investment-says-kremlin/</a></p> <p>Lastly Biden will be using an executive order to provision and issue crypto rules next month</p> <p>This will be done under the banner of national security</p> <p><a href="https://www.barrons.com/articles/white-house-executive-action-regulate-cryptos-national-security-51643312454">https://www.barrons.com/articles/white-house-executive-action-regulate-cryptos-national-security-51643312454</a></p> <p>An executive order is a signed, written, and published directive from the President of the United States that manages operations of the federal government.</p> <p>​</p> <p>Executive orders are not legislation; they require no approval from Congress, and Congress cannot simply overturn them. Congress may pass legislation that might make it difficult, or even impossible, to carry out the order, such as removing funding. Only a sitting U.S. President may overturn an existing executive order by issuing another executive order to that effect.</p> <p>​</p> <p><a href="https://www.americanbar.org/groups/public_education/publications/teaching-legal-docs/what-is-an-executive-order-/">https://www.americanbar.org/groups/public_education/publications/teaching-legal-docs/what-is-an-executive-order-/</a></p> <p>​</p> <p>Personally I hope this goes all the way to the Supreme court as this is a gross violation of the 4th amendment </p> <p>The right of the people to be secure in their persons, houses, papers, and effects,<a href="https://en.wikipedia.org/wiki/Fourth_Amendment_to_the_United_States_Constitution#cite_note-2">[a]</a> against unreasonable searches and seizures, shall not be violated, and no Warrants shall issue, but upon probable cause, supported by Oath or affirmation, and particularly describing the place to be searched, and the persons or things to be seized.<a href="https://en.wikipedia.org/wiki/Fourth_Amendment_to_the_United_States_Constitution#cite_note-3">[2]</a> </p> <p>​</p> <p><a href="https://preview.redd.it/wdvfy1q2yce81.png?width=650&format=png&auto=webp&s=46fe900164ebabc8c793536f4f08a0cc616bd587">https://preview.redd.it/wdvfy1q2yce81.png?width=650&format=png&auto=webp&s=46fe900164ebabc8c793536f4f08a0cc616bd587</a></p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/HammondXX"> /u/HammondXX </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/sea92d/america_competes_act_of_2022_and_the_announcement/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/sea92d/america_competes_act_of_2022_and_the_announcement/">[comments]</a></span> </td></tr></table>Kind Regards R