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The Water Cooler
General Discussion
Bitcoin, Ether Futures Rack up Nearly $200M in Liquidations on Short Squeeze
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<blockquote data-quote="cjjtulsa" data-source="post: 3809974" data-attributes="member: 6146"><p>Somewhat, but not yet. I did explain it to someone who insisted the CBDC will never happen. I put it like this:</p><p>You get your paycheck by direct deposit - you never actually see or handle cash.</p><p>You pay all of your bills through online bill pay - you never actually see or handle cash.</p><p>You buy all of your goods in store and online with a check card or credit card - you never actually see or handle cash</p><p>Virtually everything we do currency transaction-wise never requires cash. We've already been conditioned to the CBDC - we just haven't had it issued yet. I'm guessing within 5 years. Maybe 10 if we're lucky. The fiat paper dollar is in it's death throes.</p></blockquote><p></p>
[QUOTE="cjjtulsa, post: 3809974, member: 6146"] Somewhat, but not yet. I did explain it to someone who insisted the CBDC will never happen. I put it like this: You get your paycheck by direct deposit - you never actually see or handle cash. You pay all of your bills through online bill pay - you never actually see or handle cash. You buy all of your goods in store and online with a check card or credit card - you never actually see or handle cash Virtually everything we do currency transaction-wise never requires cash. We've already been conditioned to the CBDC - we just haven't had it issued yet. I'm guessing within 5 years. Maybe 10 if we're lucky. The fiat paper dollar is in it's death throes. [/QUOTE]
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Bitcoin, Ether Futures Rack up Nearly $200M in Liquidations on Short Squeeze
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