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It's All Politics
It's Never Too Late to Begin Protesting against the Proposed Central Bank Digital Currency
submitted 1 year ago by [deleted] from mises.org
[–]Clownfall 4 insightful - 2 fun4 insightful - 1 fun5 insightful - 1 fun5 insightful - 2 fun - 1 year ago (0 children)
You won't be able to protest effectively once you're trapped in your 15-minute prisons
[–]Alphix 3 insightful - 1 fun3 insightful - 0 fun4 insightful - 0 fun4 insightful - 1 fun - 1 year ago (1 child)
The best protest would be stocking up on silver and gold and then start a parallel economy using these.
[–]HibikiBlack 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 0 fun3 insightful - 1 fun - 1 year ago (0 children)
The government would never allow this. It would chase down the activists trying to influence others.
When it comes to the centralized crypto oligarchy, It's possible. As long as the oligarchs possess a significantly bigger amount crypto compared to others, they will be able to manipulate the prices to steal from the common person. The CIA is working on such projects:
https://markets.businessinsider.com/news/currencies/cia-cryptocurrency-projects-in-works-confirming-rumors-director-says-2021-12
[–]EddieC 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - 1 year ago (0 children)
Private Currency Vouchers: an Answer to the Money Problem
[–]iamonlyoneman 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - 1 year ago (0 children)
It's coming whether you like it or not. All nations will have digital currencies and access to them will by via biometrics of your face or hand.
[–][deleted] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - 1 year ago (0 children)
People holding up signs in large crowds will stop Satanic cultists from world domination?
[–]SoCo 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - 1 year ago (0 children)
All their proposed digital currencies purposely throw away all the benefits of block chain and decentralization, like anti-corruption, strong security, censorship resistance, and anonymity...those work against their interests of maintaining full, centralized, authoritarian, control to manipulate value, spy and track all purchases, as well as financial gatekeeping.
[–]Clownfall 4 insightful - 2 fun4 insightful - 1 fun5 insightful - 1 fun5 insightful - 2 fun - (0 children)
[–]Alphix 3 insightful - 1 fun3 insightful - 0 fun4 insightful - 0 fun4 insightful - 1 fun - (1 child)
[–]HibikiBlack 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 0 fun3 insightful - 1 fun - (0 children)
[–]EddieC 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - (0 children)
[–]iamonlyoneman 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - (0 children)
[–][deleted] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - (0 children)
[–]SoCo 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - (0 children)