There are two scenarios that I can see playing out with banks:
1. They collapse on their own without a CBDC
2. They go the CBDC route as a last resort thinking they will maybe save themselves but CBDCs act as a white hat trojan horse as they give bank members the ability to convert their accounts to the CBDC but the banks still try to keep their stupid control rules in place. People will then get pissed, swap their CBDC for a stable coin and move the funds out.
Banks die.
Only a matter of time.
We have a Community Bank in our town. You can look up info on public records & They offer their family members and cronies “limitless line of credit” as long as they make the original mortgage payment. I couldn’t even get the paycheck protection loan when Covid started because they served clients with high account balances first. I hope it gets shut down or blown up on Nov 5th!!
Doing my part in helping restore freedom to America while kicking evil in the ass. Guided by God the Father, Jesus Christ & my ancestors!
"Say What You and Mean What You Say" “Chance Favors the Prepared Mind” Conquer Destiny by Being Ready for Anything.
Hw will we the people know its White hat based or Damn Cabal based we need clarity
isnt Western Union already using XRP for transfers across the World....seems Banks are already Fooked like Credit Suisse cant even get loans from.other Banks much less a merger with their Swiss neighbor UBS
Wife, mother and rescue dog mom too ❤️ 🇺🇸 🇺🇸 🇺🇸
🙃Do our bills go with them...
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Just an author trying to get God's inspiration close to right...patriot...Jesus is the King and The Light of the world, my everything.
Unless there is an organized plan to reduce the debt load, the central bankers will print all of the currencies into oblivion. It has happened in every single case. Because they have kicked the can so far down the road, they are in the unfortunate quandary of print money or die.
Why you might ask....simply because overly expanded balance sheet money can't be allowed to default any longer. Just like Lehman, where they go one they go all.
Another important factor is that digital money is credit money. Credit money will cease to function when prices are rising too fast to adjust, but the bank balance sheets will appear solvent on paper. That is why if this plays itself out naturally, you will need wheelbarrows to go to lunch. Just like in Germany and Zimbabwe.
The last point is this: The U.S. currency derives all of its current value from its global use. That is coming to an end with the BRICS saying we aren't taking your worthless toilet roll for our blood sweat and te
They collapse on there own.from greed.Instant relief for all people..peeps all over the world need relief.it will happen instantly.flip of a switch. XRP is the thing.. But im going with silver.coz President Trump told me too.Happy Sunday.God Bless You Patriots🙏🙏💞
Nana, Direct Internal connection to God, WWG1WWA, MAGA, Angels are here already #FightLikeGodIsBesideYou
Ready when you are!
Nana sees XRP being a winner either way?
What you think?
I see a possible third scenario:
That we keep the central banks to actually help with having some sort of central control for utilizing universial basic income etc and to have a structure for the world wide economy. In that case CBDCs would work as a transparent and mostly automated system owned by we the people - with the evil people gone. Private owned banks would we taken down and not even allowed.
And what does every CBDC require ?#XRP
XRP is going to melt faces . ✨☀️✨
FULL faith in Jesus Christ! Trump Loyalist. JFK fan. Blessed to be part of The Great Awakening. WWG1WGA! #FamilyIsEverything #TRUMP2023
I hear future voting will use transparent blockchain technology and/or XRP tech.
No more rigged voting.
We share very few sentiments with our government.
Or, after the banks all setup, then the Whitehats pull the internet plug and connect to Starlink or similar.
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I prefer hard currency, something I can hold in my hands
Retired 12x Twitter Censored Champion!🏆 A Patriot 🦅🇺🇸 Leader in #5D 🌎☮️ 🎺🎺🎺🎺🎺🎺🎺#NeverSurrender #LoveOverFear #17 🦁❤️👼🤍👼❤️🦁
100%. We wont need banks for long! We need humanitarian centers, that help with creating wealth within our communities! XRP and XLM should help this process! #SlavesNoMore
No CBDC's .