Breaking: Digital Wallets for every American included in stimulus bill – Here Comes the Digital Dollar!

HERE IS THE BILL AND THE SECTION THAT LAYS OUT THE DIGITAL DOLLAR AND THE DIGITAL WALLET

Termed “The Digital Dollar Wallet”

UPDATE / NOTE: It was in the original bill but not in the final draft. They took it out.

https://financialservices.house.gov/uploadedfiles/waters_146_xml_03.23.2020.pdf

g:\VHLC\032220\032220.191.xml (759510|2) March 22, 2020 (11:38 p.m.)
g:\VHLC\032220\032220.191.xml (759510|2) March 22, 2020 (11:38 p.m.)
Breaking: Digital wallets for every American included in stimulus bill
Breaking: Digital wallets for every American included in stimulus bill

 

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We Need Your Support Please even A $1.00 donation will help keep Uncensored Independent Media and Our Free Press going. Please CLICK ME AND DONATE VIA PAYPAL – THANK YOU!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.’More @Source: FORBES

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