IMF Intensifies Call for Cashless Society, Replacing the Dollar with Central Bank Digital Currencies
(bigleaguepolitics.com)
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And yet 99 percent use cashless means of transactins every day. Slide the same card tomorrow and cbdc is paid out in the other end. P Most arentvaware or care as long as the get their purchase.
Cashless is not equal to CBDC. Digital is not equal to CBDC.
"CB" is the key here.
Never equated the two for the source. Only the fact the method of payment will feel no different than swiping your debit card does now. By the way. Every transaction on your debit card can be tracked. People use very little cash already was the point.
I use cash a lot. Sometimes I tell annoyed cashiers that I am trying to keep cash alive in case someone pushes the wrong button and wipes out all the electric money.
The problem with CBDC is not that it can be traced but that your money belongs to the CBs to do what they want.
I cannot see a future where every transaction is not tracable, not just ours, but every billionaires, every companies, every politicians etc.
This kinda alarms people, but then I ask them “What if taxes are abolished forever” and immediately the reply is “oh, in that case i don’t care. Intact i prefer being able to trace all their transactions transparently”
That’s the future we are headed and i believe resource backed no fiat DCs are inevitable for the past awakened future.