Cornell professor tells WEF audience that digital currency is great because governments could ban "undesirable" purchases like ammunition

submitted by Drewski from notthebee.com

sorted by:
top
newinsightfulfun
you are viewing a single comment's thread.

view the rest of the comments →

[–]Goingoutforawalk 7 insightful - 2 fun7 insightful - 1 fun8 insightful - 2 fun -  (2 children)

It's great for tyrannical forms of government and business leaders who want to control people as if they are peasants.

[–]bucetao6969 2 insightful - 2 fun2 insightful - 1 fun3 insightful - 2 fun -  (1 child)

It's also great for democratic governments who want to keep democracy in their government. Bad actors can use

It's not a one way street. There's arguments for both sides.

[–]Goingoutforawalk 5 insightful - 1 fun5 insightful - 0 fun6 insightful - 1 fun -  (0 children)

True but with the move towards totalitarianism in Western governments the last few decades, this tool would too easily be used to oppress free expression and other natural rights. Look at how Canada treated their citizens when the trucker protest happened. Look at how Democrats keep trying to infringe the natural right to arms in the US. Not mention how smaller family businesses were targeted for closure while the global retailers were allowed to stay open during the height of the Covid panic. Or the allowance and gaslighting that protests weren't spreading Covid while going to church would. Look at how government at all levels treated Native American groups over protests concerning pipelines being run across sacred or tribal lands. That's why I'll never back this.