Smells fishy to me. Especially the response to adding a back door/virus, sounds more like someone’s Hollywood interpretation of how that works.
I’m also not convinced by the argument that they’d just seize everything and assume things like gold, silver and crypto (Bitcoin/privacy coins) would just stop.
Surely this approach would backfire an lead to a freer and better black market of people who have now been forced to commit to the parallel economy
In fact the whole “plan” sounds like a great recipe for the people turning against the privileged elites. It even mentions how “it’ll be easier to manage because of the vaccines reducing the population”… so their plan is to kill off their compliant followers leaving them with a higher percentage of people who are (1) awake and aware (2) already hate them (3) make it easier to find friendly (4) give them a catalyst to get involved
With all that said.
I do definitely think there’s a lot of bad actors/corrupted people out there that will want to usher in a system like that so it’s worth keeping an eye on.
A little white pill: contrary to popular belief there’s a strong libertarian movement in the crypto space. I know the general consensus/concern is that digital currencies are all designed to entrap us however there’s another side that’s working to make it so that there isn’t a central control mechanism and there’s privacy and it’s free from censorship and control.
I believe it’s likely we’ll see two warring parallel economies/societies. One centralised and powered by social credit and one decentralised, peer-to-peer, focused on privacy and free from control
Yeah that's why to me it's still a theoretical concern until/if we ever get more info on the matter. some elements fall nicely into place & timing is good. some elements no.
still the fact of the matter is that here digital id is ready to go. official gov website is up. and as a registered "business owner" i've been encouraged to apply for a director id via mygov id this year (which thankfully i was able to avoid and do over the phone), among other things like Australia Post pushing their digital ID service.
adding the digital currency component could come after & not in tandem with ID. just that the timing of this RBA investigation made it seem suspicious to me upon seeing this forum post at first
There is and will continue to be a big push to get everything digitised
Which is conflicting for me because on the surface level there are benefits BUT it’s naïve to not note the serious and significant risks associated.
I have seen quite elaborate discussions on how to digitise things AND try to protect peoples privacy but I fear that without essentially breaking up the ‘monopoly of government’ it will always and eventually used for removing freedom. I think - at best- it’s an arms race between libertarians who are building with freedom/privacy in mind and those who want to shackle the people
Did some research
Smells fishy to me. Especially the response to adding a back door/virus, sounds more like someone’s Hollywood interpretation of how that works.
I’m also not convinced by the argument that they’d just seize everything and assume things like gold, silver and crypto (Bitcoin/privacy coins) would just stop.
Surely this approach would backfire an lead to a freer and better black market of people who have now been forced to commit to the parallel economy
In fact the whole “plan” sounds like a great recipe for the people turning against the privileged elites. It even mentions how “it’ll be easier to manage because of the vaccines reducing the population”… so their plan is to kill off their compliant followers leaving them with a higher percentage of people who are (1) awake and aware (2) already hate them (3) make it easier to find friendly (4) give them a catalyst to get involved
With all that said.
I do definitely think there’s a lot of bad actors/corrupted people out there that will want to usher in a system like that so it’s worth keeping an eye on.
A little white pill: contrary to popular belief there’s a strong libertarian movement in the crypto space. I know the general consensus/concern is that digital currencies are all designed to entrap us however there’s another side that’s working to make it so that there isn’t a central control mechanism and there’s privacy and it’s free from censorship and control.
I believe it’s likely we’ll see two warring parallel economies/societies. One centralised and powered by social credit and one decentralised, peer-to-peer, focused on privacy and free from control
Yeah that's why to me it's still a theoretical concern until/if we ever get more info on the matter. some elements fall nicely into place & timing is good. some elements no.
still the fact of the matter is that here digital id is ready to go. official gov website is up. and as a registered "business owner" i've been encouraged to apply for a director id via mygov id this year (which thankfully i was able to avoid and do over the phone), among other things like Australia Post pushing their digital ID service.
adding the digital currency component could come after & not in tandem with ID. just that the timing of this RBA investigation made it seem suspicious to me upon seeing this forum post at first
You are 100% correct I’m afraid
There is and will continue to be a big push to get everything digitised
Which is conflicting for me because on the surface level there are benefits BUT it’s naïve to not note the serious and significant risks associated.
I have seen quite elaborate discussions on how to digitise things AND try to protect peoples privacy but I fear that without essentially breaking up the ‘monopoly of government’ it will always and eventually used for removing freedom. I think - at best- it’s an arms race between libertarians who are building with freedom/privacy in mind and those who want to shackle the people