Expert Warns CBDCs Could Lead Economies to a Dark Path – Where Governments Dictate What You Can Purchase

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[–]boston_blackie[S] 6 insightful - 1 fun6 insightful - 0 fun7 insightful - 1 fun -  (0 children)

OP Here:

I realize this is not a revelation to Saidit, but it's important to get this message out that we will not go along with this. The digital dollar is the end of Freedom and the end of America as we know it.

The point of digital currency? Track and tax EVERY purchase you make. Prevent you from buying ammunition, drugs etc. and be able to put expiration dates on your money!! Think outside the box? Lose your ability to buy food. Won't get the shot? "Sorry your account seems to be frozen sir."

Next step: Unite all the worlds digital currency to one currency - The Satano? Quatloos? The Davos? or just your Scifi standard; credits?

Say No to this radical, dangerous globalist scheme.

EDIT: Say goodbye to any kind of casual transaction like buying a used bike for your kid; it will be logged, and taxed. It's a crime you have to pay sales tax for used shite on ebay. With digital currency it will be the rule and no exceptions. No more bucks to you kids. No more paying cash for services or have the neighbor kid cut your grass. All logged, tracked, taxed and analyzed. Data mining will be ever-present and Minority Report may become our future. Ammunition may become the coin of the realm for bartering.

EDIT2: This is a great 15 minute watch and article.

https://thenewamerican.com/print/the-shackles-of-central-bank-digital-currency/

[–]Drewski 4 insightful - 2 fun4 insightful - 1 fun5 insightful - 2 fun -  (0 children)

Use cash and Monero.

[–]jerkwad152 4 insightful - 1 fun4 insightful - 0 fun5 insightful - 1 fun -  (2 children)

Barter is going to be huge if this happens.

[–]notafed 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (1 child)

Barter of skills, more so.

[–]jerkwad152 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (0 children)

Prostitution

[–]Dregan 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (1 child)

"Survey: Only 16% of Americans open to using CBDCs"

And yet they will continue to roll it out till it leads to a one world digital currency that nobody wants or supports.

[–]SPedigrees 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

Credit cards were initially viewed with suspicion too. Acceptance of CBDCs will not be hard for the government to engineer.

[–]IlluvitarG4 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (0 children)

Whatever to increase the authoritarianism over people...

[–]EddieC 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

Let's Abide By the Currenseas of Life - For A Future Full of Promise

[–]Rah 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

There will be goods exchange and a "freedom tax", where you buy outside money to spend on what you like. Black markets will become more common.

This is also planned. The more the commoner needs to resort to illegality, the easier it is to control and corral them.

[–]notafed 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

I just had a thought: think of all the "illegal suites", aka "secondary suites" or "basement suites". How would you pay rent in that situation? Can you pay rent in that situation? Is the CBDC going to be useful?

The price of rent is already pretty high, but forcing homeowners to register their suites and submit to inspections and taxation will no doubt increase the cost of rent. There will, therefore, be more people in a single rental and/or homelessness will increase.

[–]filbs111 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

On one hand, if the government decides what you spend your money on, is it really your money? This is true to some degree already.

On the other, this might popularise black markets! Already people do favours for friends and family. I don't think that's technically illegal. Perhaps this will incentivise people to make friends.