The Bank of Canada is researching a digital version of cash. Here’s what that could mean for you

submitted by hfxB0oyA from theglobeandmail.com

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[–]Questionable 2 insightful - 3 fun2 insightful - 2 fun3 insightful - 3 fun -  (3 children)

Cash is already digital. So, this is something different, for some reason. '

[–]HiddenFox 4 insightful - 2 fun4 insightful - 1 fun5 insightful - 2 fun -  (1 child)

I got 2 crisp $50 bills in my wallet that disagree with you!

I've noticed in my business an increase in cash in 2023. (Close to 20% up from around 10% in 2022.) We used to be about 25% pre pandemic.

Ever since the government of Canada ruled that a business can pass along the service fees of Debit/Credit Cards and show it on the receipt some people have become more informed and are pushing cash. I've heard this from other business owners too.

[–]Questionable 2 insightful - 3 fun2 insightful - 2 fun3 insightful - 3 fun -  (0 children)

Interesting. But in no way contradicts the fact that most currency is digital, and has been since the 80's.'

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

This will be programmed. Meaning they can control what, when, how much, how often, how far, how anything.

Slavery.