Executive Order 14067

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Fyrtwuck

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I don’t know if this has been posted, but I’m hearing that Biden is issuing this executive order and it’s supposed to have a dramatic effect on banking and currency.

I did a Google to look it up and there’s a lot of legalize in there that I don’t understand.

I know it’s not much, but I know someone here can look into this and tell us if we need to be concerned.
 

GC7

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It was already signed into effect back in March. It appears to be the US gov asserting that the only official currencies are the ones they create.
 

Catt57

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"Currency is anything that is generally accepted to have value as a medium of exchange so that it can be traded for goods and services."

Gov has nothing to do with it. That being said, the Gov can decide to only accept Gov issued currency, but beyond that, they can't control it.
You also know that even though something is "Not currency" the Gov will still tax it as such.
 

joegrizzy

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they literally imported 50,000,000 illegals into a nation of 300,000,000 and are now like "wait....why is everyone hiding their transactions in some "alternate economy"?"
 

Waltercat

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It's my understanding that executive orders apply to Gov. offices and or Branches only.
The private sector is bound by laws established by Congress. But I suspect I will get corrected
caused I really don't know.
 

Slim Deal

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It's my understanding that executive orders apply to Gov. offices and or Branches only.
The private sector is bound by laws established by Congress. But I suspect I will get corrected
caused I really don't know.
I'm surprised 5 or 6 people haven't done so. Don't worry some will show up.
 

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