Western Central Banks and Govt on the Verge of Forcing Society to Use Money that EXPIRES

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[–]dicknipples 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (4 children)

No need to be defensive.

This is merely one of 8 people in a small organization noting what they WANT to happen. They are not noting what WILL happen, nor can they. The banks will take their advice and do what they want. It's that simple.

(Deliberate misinformation is disinformation. I've merely explained the article. Soros didn't pay me to do it.)

[–]Dragonerne 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (3 children)

Central banks only issue this digital central bank money to banks with central bank accounts. (It's not the money we use.)

This statement is wrong. It is the money we use.

[–]dicknipples 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (2 children)

Why do you persist?

It's not that difficult to understand the article:

The digital exchanges with the central bank have been EXPERIMENTAL - only between certain banks chosen by the CBDC.

Hoe many ways to I have to explain it? Perhaps I shouldn't bother. Read: https://hbr.org/2021/10/what-if-central-banks-issued-digital-currency

This is NOT the money we use.

The article is about an interview with one person in a THINK TANK, and mentions something she DID NOT DISCUSS: negative interest rates. The articles at both websites noted in my original comment are disinformation fear-mongering. This is NOT about OUR money today - as we (the people) are NOT currently using an EU digital currency that is subject to negative interest rates. We (the people) are NOT currently using an EU digital currency that is subject to negative interest rates.

[–]Dragonerne 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (1 child)

What happens once the experiment gets implemented?

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

Banks will require authentication with biometric devices that will be injected into the brain stem and thereby control peoples' movements. They'll be constantly staring at their phones, while working multiple part-time jobs as baristas. Extreme income inequality, corporate polution, dead species, lack of food and extreme weather events will cause the poor to eat the rich. Meanwhile, Terry Crews, CEO of Brawndo (the thirst mutilator) corporation will be elected galactic president, and a Brawndo utopia will emerge.