The bill establishes a digital dollar, which it defines as ‘a balance expressed as a dollar value consisting of digital ledger entries that are recorded as liabilities in the accounts of any Federal Reserve Bank
Isn’t it amazing to sit back and watch all the pieces of what the coronavirus panic is really all about coming together? Today we see that buried deep into the coronavirus stimulus package from the Democratic Congress is a provision that will create a U.S. Digital Dollar, that will sit inside a Digital Wallet controlled by the Federal Reserve, and that will undoubtedly be tied to one of those fancy new chips from ID2020. Now we see why there is this unbridled panic over the coronavirus, to create chaos and confusion to sneak this garbage into the bill. Please note this is being done by Nancy Pelosi and the Democrats, this is nothing to do with Trump.
“And he causeth all, both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads: And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name. Here is wisdom. Let him that hath understanding count the number of the beast: for it is the number of a man; and his number is Six hundred threescore and six.” Revelation 13:16-18 (KJB)
For those of you coming in late to the game, here’s a review. Previously, we told your about the ID2020 Alliance funded by Bill Gates in partnership with the United Nations to create a digital ID for every person on the planet. Their goal is to administer a microchip with a vaccination, tied to a digital ID for buying and selling. Then we showed you how Bill Gates sponsored a closed-door strategy session called EVENT 201 on the coronavirus war-gaming a global outbreak, with all attendees given a COVID-19 plush toy to take home and cuddle with. Then yesterday we showed you Bill Gates again, (starting to see a recurring theme here yet?), calling for a ‘national tracking system‘ combined with ‘billions of vaccinations’.
Now with all that fresh in your brain, let’s take a look at the Digital Dollar and the Digital Wallet that Congress is going to make every American receive if they want to get the coronavirus stimulus money. Anyone reading this should have just figured out that the stimulus money is bait so you will agree to the Digital Dollar, the Digital Wallet, and the Digital ID that will tie it all together.
- NOTE: While this is not the Mark Of The Beast, it’s an excellent illustration of how the Mark will function. You’ve been warned, take the coronavirus stimulus package money at your own risk. I will not be taking one, red cent of it if it comes tied to a Digital Dollar. No sir, “thy money perish with thee“.
Coronavirus Stimulus Offered By House Financial Services Committee Creates New Digital Dollar with Digital Wallet and ID
FROM FORBES: As the markets continue to drop and the U.S. looks to Congress for agreement on a massive stimulus package to save the economy from impacts of the coronavirus pandemic, the newest offer by House Democrats includes a very forward-looking kind of stimulus: the creation of a ‘digital dollar’ and the establishment of ‘digital dollar wallets.’ In what will send shock waves through the cryptocurrency and blockchain industry, particularly for those following central bank digital currencies around the world, this signals the U.S. is serious in establishing infrastructure for a central bank digital currency.
- Updated on 3/24/20 at 11:45 AM: The final version of the economic stimulus package offered by Speaker Pelosi the House Democrats no longer includes the U.S. Digital Dollar proposal; however, the language as proposed by Chairwoman Waters of the House Financial Services Committee still contains this language. Links to the original and updated stimulus bills with the latest language can be found here.
Both Speaker Pelosi’s ‘Take Responsibility for Workers and Families Act’ and the ‘Financial Protections and Assistance for America’s Consumers, States, Businesses, and Vulnerable Populations Act (H.R. 6321),’ introduced by Chairwoman Maxine Waters of Financial Services Committee, introduced these concepts today as a way of delivering the economic stimulus payments to U.S. citizens.
The bill establishes a digital dollar, which it defines as ‘a balance expressed as a dollar value consisting of digital ledger entries that are recorded as liabilities in the accounts of any Federal Reserve Bank or … an electronic unit of value, redeemable by an eligible financial institution (as determined by the Board of Governors of the Federal Reserve System).’ Additionally, a digital dollar wallet is identified as ‘a digital wallet or account, maintained by a Federal reserve bank on behalf of any person, that represents holdings in an electronic device or service that is used to store digital dollars that may be tied to a digital or physical identity.’
A mandate also requires all ‘member banks’ establish a ‘pass-through digital dollar wallet’ to all customers eligible for the stimulus. Member banks include those banks that are ‘members’ of the Federal Reserve and regulated by the Fed. Additionally, ‘Non-Member’ state banks – those that not members of the Federal Reserve and regulated by the FDIC – could opt-in to offer pass-through digital dollar wallets as well. READ MORE
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