Bartering
Whatever we do, it’s only going to be a temporary measure, as the authorities figure out how to monetize all activity.
It’s an end-time indicator, so I’m not sure how much we can really do about it.
Pokemon cards?
I guess I don’t see the problem unless cash is simply not avaialble. As it is now, I typically have less than $20 on me and use debit and credit cards for 99.9% of my transactions. For emergency, I often keep thousands of cash in gun safe. But day-to-day, I use cards. I don’t really care what people see I spend my money on. I’m not trying to hide income and expenses from taxes, I’m not laundering money.
Also, extended families are in large part much more functional than their component nuclear family parts because they barter amongst themselves, keeping the money in the family.
Beanie Babies!.................
Pay our taxes in cash?
A CBDC by it’s design is a computerized digital system which means it can hacked, my guess is a CBDC in the USA will be under constant cyber attack by hackers both patriots and foreign governments to disrupt our economy
Crashing the payment system of a U.S. CBDC is the most likely way to fight it
Well, one thing you can do is start looking now to locate property in a rural red state county in order to live in a bartering society.
However, that is not a feasible option for everyone. You could start now purchasing a few extra items each week that could be used for bartering in your own community. Get to know your neighbors and find out who can be trusted. Learn a bartering skill such as small electronic repair so you will have a skill to barter for goods.
It’s been mostly cashless for over 25 years. So I’ll keep doing what I’ve been doing. Which only uses cash a couple times a month.
Overthrow the bastards.
Who says there is no stopping it?
This would be the caboose of a long train of abuses.
Jus now people are wondering?
That’s funny. It is not like this is a surprise to anyone. It’s not like folks haven’t been screaming about this for 15 years.
And, for those not paying attention….MOST transactions are cashless.
I take $100 cash every week. At the end of the week, I toss the leftover into my safe. Most weeks…I am putting $80+ into the safe. I am not unique.
How do we tip topless dancers?
You may be correct in your estimate of what is coming with CBDC’s, but any solution involving coercion is no different from the corrupt, woke deep-state, and is also destined to fail miserably.
We’ll all have to get used to a much lower standard of living, bartering, using influence networks, judging risk of breaking petty laws, etc. etc.
In sum - study how people in Venezuela, Cuba, East Germany, etc... live
I’m wondering if there could be a charitable organization exploit. Habitat for Humanity requires that people work a certain number of hours I think, which in a sense transforms hours into a type of currency, so the precedent is already there. If the fear is that people will get “cancelled” from the economy, than they can be cash poor and still have assets if those assets aren’t making you any money.
I rarely use cash. Other than international travel and my barber, maybe a few times a year. Going to a digital currency is eventually going to make your paper money worthless. You will need a new currency, be it an alternative digital currency like Bitcoin, or silver, gold, or other materials with some inherent and somewhat stable value. Of course other digital currencies could easily become worthless or locked out. Of course you will still need the government approved digital dollar to buy necessities like fuel, healthcare and anything you need that can’t be bartered for.