The Cashless Society is Coming and it's Our Fault
submitted 3 years ago by Jesus from (samisdat.info)
[–][deleted] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - 3 years ago (0 children)
The bail ins are such nonsense, I can't believe it.
If you default on a $500 loan you take from credit, they will hunt you down and pursue criminal charges if they have to. On the other hand, when they take a loan from us and can't pay back millions, they'll steal from national funds to keep afloat.
[–]Islandlife 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - 3 years ago (1 child)
It's a good thing. More millionaires will be made from crypto than anything other time in history. Get on board the train before it's too late.
[–]cant_even 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - 2 years ago (0 children)
Please outline how 'crypto' will insulate you from: 1. One-click immobilization, impoverishment and un-personhood of "troublemakers". 2. Un-avoidable, moment's-notice "bail-in" of savings/assets to 'rescue' ailing banks. 3. 24/7 tracking of earnings/spending and associates.
In fact, some governments are talking implementation of "GOV-coins", to solidify their stranglehold on the populace. Mad Max is going to have to schlep his 'blockchain' between Barter-Towns on a USB-stick once access to the internet is only possible through mark-of-the-beast biometrics.
Just wait until the next "cyber-terror" scare. The first casualty will be internet anonymity. All that mentioned above will follow.
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[–][deleted] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - (0 children)
[–]Islandlife 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - (1 child)
[–]cant_even 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - (0 children)