CBDC - Central Bank Digital Currency, UCC "Updates" And The Threat To The American Dollar
1 year ago
205
The UCC (Uniform Commercial Code) "updates" change the definition of "money" among other important changes. The legislatures in 21 states are considering adopting the new UCC provisions, and the public is largely unaware of this development. Among other things, bitcoin and cryptocurrency would not be "money" under the new definition, and could lose value. Who is behind this, and how could the new UCC provisions affect the strength of the American dollar? Just last week Kristi Noem vetoed the South Dakota legislature's decision to pass the UCC "updates," but other states are considering the changes. What is really going on? How could the new UCC provisions affect Americans?
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