In a cashless society the government can also determine you have already eaten your quota of meat and only allow you to purchase bugs and greens at the store.
In China with their Social Credit Score, if your dad has opposing views to the government or sees you talking to friends on the phone they don't like, they will punish you. Can only travel so far from your home, no university, no theater, limit what you can buy, utilities, etc.
You are under constant surveillance 24/7 and constant reward or punishment.
You must be who they want you to be and do what they want you to do to have material quality of life.
I think most of us here would not fare too well in that world.
Of course ‘Big Gov’ will market CBDC’s (this is what the thread is about really) as some form of ‘safe and equitable’ money, the typical bullshit platitudes / virtue signaling bullshit all the Libtards gobble up like a turkey happily basting itself with marinade.
I fear CBDCs will happen, but the saving grace that I think the US have is the power of the individual States.
Your USD in the bank is already a form of digital currency - the fact is you don’t own that account, and it can be seized any time. Any form of digital USD within the Fed wire system is already traceable and directly connected to you.
Maybe, and this is a big big Maybe, if CBDCs start to roll out, maybe a year or a decade from now, we would need some form of equilibrium for local trade.
Barter/Trade is not illegal today … until the IRS assholes want their cut (if you don’t declare).
That is truly creepy. NOT the American way...I prefer smaller government....obviously....don't tell me how to spend my money, what to put in my body, what to think.WHO HAS COME UP WITH THIS SCHEME TO TAKE MORE POWER? No put things back.
Hmmm. Our records show that your Social Credit Score dropped 20 points over the last week. Until you get that back up we are going to have to reduce your buying power to raw foods only, and you'll have to pay an extra 20% for those goods. We'll check back again in a month to verify your SCC has gone back to an acceptable number.
A Cashless society also means .gov can cut you off on a whim for something you said or do that they don’t like.
Use cash ppl .
That the whole point of a cashless society.
In a cashless society the government can also determine you have already eaten your quota of meat and only allow you to purchase bugs and greens at the store.
In China with their Social Credit Score, if your dad has opposing views to the government or sees you talking to friends on the phone they don't like, they will punish you. Can only travel so far from your home, no university, no theater, limit what you can buy, utilities, etc.
You are under constant surveillance 24/7 and constant reward or punishment.
You must be who they want you to be and do what they want you to do to have material quality of life.
I think most of us here would not fare too well in that world.
Of course ‘Big Gov’ will market CBDC’s (this is what the thread is about really) as some form of ‘safe and equitable’ money, the typical bullshit platitudes / virtue signaling bullshit all the Libtards gobble up like a turkey happily basting itself with marinade.
I fear CBDCs will happen, but the saving grace that I think the US have is the power of the individual States.
Your USD in the bank is already a form of digital currency - the fact is you don’t own that account, and it can be seized any time. Any form of digital USD within the Fed wire system is already traceable and directly connected to you.
Maybe, and this is a big big Maybe, if CBDCs start to roll out, maybe a year or a decade from now, we would need some form of equilibrium for local trade.
Barter/Trade is not illegal today … until the IRS assholes want their cut (if you don’t declare).
That is truly creepy. NOT the American way...I prefer smaller government....obviously....don't tell me how to spend my money, what to put in my body, what to think.WHO HAS COME UP WITH THIS SCHEME TO TAKE MORE POWER? No put things back.
Hmmm. Our records show that your Social Credit Score dropped 20 points over the last week. Until you get that back up we are going to have to reduce your buying power to raw foods only, and you'll have to pay an extra 20% for those goods. We'll check back again in a month to verify your SCC has gone back to an acceptable number.
Yeah but the government /fed is rendering cash useless. Money is already digital. It's too late.
This wisdom is in converting your money to real assets like land, ammo, weapons, and power sources. Also, learn to hunt.
2 cents