US Digital Dollar PLANS LEAKED! Coinbase Involved!?

Eggggg yolk, what is going on viewers of the
tubbbbeeeee! My name is Tyler the host of this channel
& I would like to introduce you to the channel, that knows these jail escapes are only the
beginning…….you know our Shawshank redemption. It’s time for Chico Crypto! Well, I think it’s time to dig down into
the rabbit hole, as many viewers have been asking for it, and things have been playing
out exactly as I predicted. What did I predict? The coming Digital Dollar….. Last week, on March 20th, I made this video…Cash
Stimulus to Americans? How? By Checks? No….It’s crypto! Well things really started to get interesting,
during the night on March 23rd…news started to be released that the Stimulus bills, for
economic relief here in America, contained language about creating a digital dollar. Coindesk brought the news….House Stimulus
Bills Envision ‘Digital Dollar’ to Ease Coronavirus Recession….and according to
the article….Under the draft bills shared last week, dubbed the “Take Responsibility
for Workers and Families Act” and the “Financial Protections and Assistance for America’s
Consumers, States, Businesses, and Vulnerable Populations Act,” the Federal Reserve – the
nation’s central bank – could use a “digital dollar” and digital wallets to send payments
to “qualified individuals,” consisting of $1,000 for minors and $2,000 to legal adults. Well, this news cycle went quick, because
by yesterday, the 24th, one of the bills removed the digital dollar language. Just 10 hours later, Coindesk posted this
article…‘Digital Dollar’ Stripped From Latest US Coronavirus Relief Bill….House
Democrats’ latest version of the “Take Responsibility for Workers and Families Act,” revealed late
Monday, does not contain any language around a “digital dollar” in its section on direct
stimulus payments. HMMMMM…wonder why it was removed so quick? Why was it there in the first place? Well the newest draft of the bill is much
more vague…how people will be paid, which starts on page 1,090 is non specific just
amounts are named, not how the payments will be coming through: a check, debit card or
digitally. But there is another bill, the Financial Protections
& Assistance for Americas Consumers, States, Business and Vulnerable populations act. Here is this bill & as we can see, it will
require member banks to maintain pass-through digital dollar wallets for certain persons,
and for other purposes. And if we search by the term “digital”
it is found, 35 times throughout the bill. Now this Bill, isn’t proposing creating
a digital crypto dollar, but a digitized version of the existing dollar….According to the
draft, the digital dollar will be “dollar balances consisting of digital ledger entries
recorded as liabilities in the accounts of any Federal Reserve bank.”….. So, it would be on a digital ledger, as the
bill says, consisting of digital ledger entries, which means that they would be using a blockchain,
most likely a private consortium chain, fully controlled by the FED and it’s member organizations. But here is what is interesting, going back
to that Coindesk article, about the first bill being stripped of it’s digital dollar
language….they mention this bill at the end, and say it still mentions the digital
dollar, although “The language is expected to be removed from that bill as well, according
to a source familiar with the matter.” So again….why was it introduced to only
be strippep in the blink of an eye? We can’t just blink, and let fact that they
were planning on doing it slip right by, as I’m sure that is exactly why they did it…..the
elite, accidently revealed their ultimate plans & things are going to get hairy… So the FDIC, the Federal Deposit Insurance
Corporation, they are the agency that insures, your deposits in the bank, will be there. And the FDIC, isn’t the FED, its a completely
independent agency…The FDIC is the primary federal regulator of banks that are chartered
by the states that do not join the Federal Reserve System….aka they regulate the private
banks. And you know what they were created in response
too? Bank Failures and the bank runs during the
great depression, as there was a desperate scramble for cash, liquidity crunch and a
failing stock market…. Sound similar to what is going on right about
now? Well that ole FDIC, tweeted this yesterday…Forget
the mattress! Keeping large sums of cash at home is risky. The best place to protect your money is in
an FDIC-insured bank where it’s safe and sound. Learn how the FDIC safeguards your #money….well
let’s learn from FDIC chairman Jelena McWilliams…. So to me…that reeks of desperation, basically
begging you to keep your dollars with the banks…why would they do this? Because they knowwww a bank run is coming
& the banks across america, don’t have & never had the deposits to fulfill an American population
withdrawal. And that is why personally I think, we should
not count out the digital dollar… gotta realize something…..the head of the Treasury
Department, Steve Mnuchin, Snoochie Boochies…… Just brought on somebody, to the Office of
the Comptroller of the Currency. This branch? It serves to charter, regulate, and supervise
all national banks, the federally licensed branches and agencies of foreign banks in
the United States…basically regulates, what the FDIC doesn’t. So back in 2017, when Steve Mnuchin was brought
in as Treasury secretary…he was bringing some friends with him who worked at Onewest
bank…ya that bank, formerly IndyMac, who Steve bought after the financial crisis, changes
its name, and then was accused of highly unethical foreclosures, including on the elderly, on
many of the banks predatory loan victimes…. So who did he bring on? according to this CNBC article back when he
was nominated…..people familiar with the discussions, the Trump administration is considering
two of his deputies to head key regulatory agencies: former OneWest general counsel Brian
Brooks for the Consumer Financial Protection Bureau and former OneWest chief executive
Joseph Otting for the Office of the Comptroller of the Currency. Well Joseph Otting, from OneWest made it,
he was sworn in shortly after, and he is currently the most powerful person in the banking industry,
as the comptroller of the currency. But Brian Brooks, ya we remember him, we talked
about him a few days ago, he didn’t get the position for the Consumer Financial Protection
Bureau… what Did Brian go do? He went to Coinbase, became their Chief Legal
Officer, and created the roadmap for USDC, coinbase’s digital dollar…. So when I made that video last week, about
Brian, leaving Coinbase, and joining the office of the comptroller, as their chief operating
officer….I didn’t realize Brian was best friends with Steve and Joseph, at Onewest,
these guys have worked together, really freaking closely….going back to the group Onewest
photo, there is Brian, and there is Joseph. So what is going on? Why was Brian suddenly brought on, after his
short stint at Coinbase? What was he even doing there? Well here is where things start to not make
full sense, but I will try to wrap it up towards the end. Steve Mnuchin’s words in December on a FEDcoin,
like a digital dollar. Lets listen in…. So Steve, says no way to a FEDcoin…but his
buddy is working in the private sector, being a strong advocate for crypto and stablecoins. Per example, just a month before steves public
words, in November of 2019, Brian authored this Fortune Magazine piece…A Digital Dollar
for a Strong United States Financial System….let’s just read some of his own words. The time has come for a tokenized version
of the dollar—and it’s not just those of us in the cryptocurrency world who think so. In recent months, senior U.S. officials have
been exploring the idea of minting greenbacks on the distributed ledger software known as
blockchain. The idea appears inevitable. The only question is who should create the
digital dollar: the government or the private sector? In it he explains, top FED officials and congress
pushing for it. Chris Giancarlo former CFTC head is a strong
advocate….and I like what he says here “the timing of these considerations is not coincidental—and
reflects new challenges to America’s role as the lynchpin of the global financial system….the
US needs to adopt one, and he highlights the pressures it is facing. Brian, then explains the path forward. “The true question facing our policymakers
is whether our government needs to create the digital dollar, or whether the private
sector can do so effectively. The best path forward is one that harnesses
our country’s remarkable capacity for innovation and also reflects government’s historical
practice of setting broad guide rails for private innovation within the financial system. That means letting innovators invent, and
letting the government regulate. In short: the private sector should build
the technology, and the public sector should set monetary policy.” Well let’s get back to Steve, because he
has had more recent words about cryptocurrency, in February, during the house hearing on the
2021 budget….just a month before he brought Brian onto his new position….. Doesn’t it seem like Mnuchie…Snoochie
boochies……might just be warming up to crypto, and he specifically brought up stablecoins,
like USDC, of which Brian has worked on. So my friends, if the government gets backed
into a Stimulus funding bill corner, which day by day seems more likely….are they going
to rely on private sector technology like USDC and Coinbase to issue the payments? Steve’s good buddy Brian, says, it’s the
way to go…and let’s just replay, what he said about “stablecoins”…..yup they
could be used
to reduce processing times, for small dollar payments….and let’s here what Steve said,
recently about getting money to americans. Ya in just 2 weeks, and that was a week ago. You got 7 days left. The traditional system will be impossible
if they want speed, next week, in 2 weeks, hell if even in a month… and partnering
with the private sector may be the only way. Cheers viewers I’ll see you next time

100 thoughts on “US Digital Dollar PLANS LEAKED! Coinbase Involved!?

  1. ⏰ Time Stamps ⏰

    00:08 Intro: This Is Only the Beginning

    00:50 Digging Down Into the Digital Dollar Rabbit Hole?

    01:24 Digital Dollar Language Included in Stimulus Bills

    01:59 Bill Removes the Language

    02:50 The Other Bill Still Contains Digital Dollar Language

    03:48 Removing It Too!? Why?

    04:08 Did The Elite Just Leak Their Digital Dollar Plan?

    05:04 The FDIC Says Keep Money In Banks?

    06:19 This Reeks of Desperation

    06:36 Do Not Count out The Digital Dollar

    07:15 Steve Mnuchin Brings OneWest Buddies to the Government

    08:04 Brian Brooks of OneWest Joins Coinbase

    08:45 Steve Mnuchin: To Crypto or Not?

    10:41 Brian Calls for the Private Digital Dollar

    11:32 The True Path Forward to a Digital Dollar

    12:08 Steve Warms Up To Crypto, Stablecoins & More

    14:09 Coinbase USDC Coming to the Rescue? 1 Week Left

    15:33 Outro

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  2. Please keep your money in our banks. You don't want that bank run scene out of "It's a Wonderful Life"coming to the bank near you.

  3. I think that it would be fair to say that you are producing the best Crypto Channel on Youtube.
    Excellent content, well investigated and presented.
    Congratulations brother!
    Cheers from Argentina

  4. With who they need to partner to get it all done from private sector? Hashgraph ( totally controlled ledger ) algorand but definitely not Eth with its conjunctions and huge gas spikes ect … More Tether moving to Algorand .
    Are any of those people involved with Ripple in any way ? 🤔

  5. thanks for sharing,
    USDC is a great fiat onramp to cryptocurrency,great video,although some of them I couldnt understand
    Wondering what‘s your major

  6. egg yolk… page 1104?/………. how did u reach there man?? ——- slid research wonderful prediction.. amazing………..

  7. The digital dollar is a way for the federal government to track crypto trading and tax its users. Once its completed the next regulation we will see is outlawing BTC pairs and force exchanges to implement digital dollar pairs only for all crypto assets. Traders will be tracked and taxed. BTC value would crater at least for the short term and all other crypto assets would decouple completely from BTC.

    The idea of BTC pairs and measuring crypto in "sats" will be a thing of the past. Archaic and laughed at by the newer generation of crypto traders.

  8. My wife and I went to PNC a week ago and tried to take out a modest 6K and they could only give us 3K because they said "we dont have enough cash"….true story.

  9. It’s like the crypto conspiracy theorist we’re always right yet part of the plan and we’re unaware to it

  10. Hey what's up man, new here just found out about you thru a random recommendation on an whole different topic. But glad they mentioned you, I'm still pretty new to the cryto world and you seem to be pretty knowledgeable.

  11. Bank runs lol. You are doing your viewers a real disservice by commenting on subjects you know nothing about.

  12. I been saying this since he moved there…. this whole thing is to drive down crypto.. so they can get the digital dollar off schoochybootchy said they were gonna do somthing very fast and big… they have…

  13. news said checks of $1200 will start going out by 4/8/20 and take up to 6 weeks… digital would have been much better form of payment and could be done in minutes… BS

  14. Tezos? Founder was vice president for morgan stanley and Quantitative analys for goldman sachs! and just doing a stablecoin wich is already ready + coinbase founder is a big fan of tezos. And all lawsuits ending right now! and illinoise gave OK to go for securities!

  15. Funniest part, the money you get is actually just a loan against your future self. it's a tax advance that you'll have to pay back…. that you'll be taxed on.
    tax tax tax….

  16. As I said six months ago

    fed now

    they will support xrp – which is fake and tied to the dollar Fiat

  17. Xrp… it your time… no cryptocurrency is involved with governments… none except ripple… Central banks.. Imf

  18. @13:38 Wow, the guy in the background literally whispers in his colleagues ear & says “ What he means by stable coin is ‘Tether’ , which is the same as USD on Coinbase “ … “ My Oh My “ !

  19. The check is being direct deposited into the account you gave the irs in 18' and or 19'. If the account isn't available anymore it is sent to last known address. You're supposed to contact irs if you don't get a check in the mail.
    For someone who researches a lot you sure missed the ball.

  20. What about the rumors they would be issuances of Digital Chinese yuan on #iost private blockchain. Is it real or Bs

  21. and the winner is .. Designd By Mr President him self.. hahahahaa.. but best product on ETH blockchain.

  22. What we need (there has never been any in the FED) is a moral and responsible conscientious society/human beings, that means teaching the criminal to do right or just lock them up for life if they refuse or are simply wired to do wrong (politicians, CEOs, serial killers, pedos, satanists etc). The greatest pleasure, peace and joy (for human beings) comes from living an honest, moral life of integrity and compassion (that does not mean you do not fight back against evil!). All cryptos are designed to bypass (hopefully!) the criminal debt based monetary system which is founded upon theft, enslavement, and war! they may well be a good transitional tool. But they are not the end. The end is honesty, responsibility, morality, integrity, compassion, being of service, caring for one other, nature and the earth itself.

  23. CHICO there will never be a run on US banks the government literally has infinite money to give to banks to let anyone withdraw. stop the nonsense bro

  24. Steve Mnuchin, Christine Lagarde, the IMF and the ECB have all told you that they will not use BTC or any mined asset. They have also told you that they want to be able to track every transaction and every coin from P2P and all levels. Thinking that the USDC is something new or that congress and the Fed just came up with it is a naive as it gets. Doing micro cross boarder payments in real time is something neither BTC or ETH can do. You need to start looking into the infrastructure and who is connected and was connected from day one. Are you beginning to see the picture yet? As for the digital dollar, I told people this was coming eleven years ago.

  25. People will come up with their own money and stop using us money and spending at chain stores the poor gonna shop with the poor build each other up all around the world no u.s. goverment plans only personal plans

  26. People gonna live they in the woods and deny material things then the enocomy is gonna crash again the oppressors gonna panic then people gonna have control and start manipulating the system until the good people start helping

  27. Good cast. I've been saying similar things. What are your thoughts on the Trumps Zuckerberg private meetings in October and November 2019? Coincidence?
    Also why the name Chico Crypto?

  28. What do you think about the adjustment of BTC difficulty? Last -15,9% second worst in history and now is going to be -16%…

    Sorry for my english!
    Cheers by Swiss

  29. The cryptocurrency market, like the stock market, precious metals, and basically any other asset across the world currently, are struggling to maintain valuations during a panic-induced sell off stemming from a global pandemic and sudden recession which have make many investor/traders to be confuse on what to do. But so far, the cryotocurrency Bitcoin is currently rising and showing positive signs of bullishness which makes it a good buy zone to trade and not to Hold because i have come to discover that even in the bear market you can still make profit. Due to my personal research i got to find out about Steven Curtis who is a pro trader and signal provider and has great knowledge on how the markets works, with his great signals i was able to achieve and grow my 1.2btc to a total of 6.9btc within 4 weeks of trading actively which you would agree is a very good profit and it's been going on for months, i will urge others who are willing to grow a strong portfolio ahead to make use of his accurate and profitable signals now. Steven can be reach via *Whatspp: (+13617177129) and Telgram (steve_signals247) for inquiries into profitable trading systems.

  30. LMAAAAOOOO You killed the edition with the FDIC Burning house and the "Tranquility" Piano sound on the background

  31. you are the best 👍!!!!what do you think will happen with Bitcoin?after fed issue digital crypto dolar??

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