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Today we are talking about Fedcoin, and how it will affect Bitcoin (BTC), and also how it will steal all freedoms from you.
FED: These are the people who choose how much inflation you will see on the store shelves, and even how much your money is worth.
Some of the point of BTC is anonymous transactions, and getting your wealth out of the system, and breaking free of incredibly stupid decisions of central banks, and surviving a USD collapse/decline, decentralization.
FEDcoin flips ALL of that.
China by year end will have a digital currency.
Canada, Australia, Sweden, Russia, Israel
Cryptocurrency means the government can impose negative interest rates.
They can also create bail-ins, or block/track your purchases.
What if CC blocked purchases?
The problem is the Federal digital coin system – bad actors will come along, and misuse the network.
Just like scam artists with charities or situations like virus, or 9/11, or ebola…
The FEDcoin will NOT be a Bitcoin (BTC) price driver.
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