To: MtnClimber
I think that a Central Bank Digital Currency could easily lead to a Social Credit System similar to the one used to control the population in China.
2 posted on
05/12/2025 4:34:49 AM PDT by
MtnClimber
(For photos of scenery, wildlife and climbing, click on my screen name for my FR home page.)
To: MtnClimber
Digital currency is pure, unadulterated evil. There are no ifs, ands, or buts about it.
Vaccine Passports are one thing, and those are evil. We have seen how a totalitarian government could use them as we watched the ChiComs restrict the movement of their dissident citizens using it. They would undoubtedly do that here. No doubt. As currently implemented in Communist China, this affects your ability to cross a state or even city line, use public transportation, or check into a hotel
Another part of it is that using the Vaccine Passport, they could easily link that to your bank account in a heartbeat even without a digital currency. They link to it and then to your bank accounts, and you have to have enough cash on hand all the time. With a digital currency, they just put the stop on you period, turning off the valve at the source. So you can't buy food. Can't check into a hotel. Can’t fix a flat tire. You can't buy anything. You won't be able to disappear.
It is going to be interesting, watch how they present this to the public. These are the things they will say (this is a prediction of HOW they will sell it):
- It will be convenient. your money everywhere!
- Printing of money is too expensive. We can save billions of dollars by not designing, printing, transporting, cycling paper and metal currency over [insert time frame here] (some time frame adjusted to make the savings billions not just millions)
- You already are using digital currency anyway. 70% of people make 95% of their money transactions using cashless methods. This just makes it even easier, everywhere! (I just made that statistic up out of thin air-they will too, and far, far more extravagantly)
- All this will be done with an electronic networking/communication digital device (Digi-Vice) issued by the government at no charge to you, instantly replaceable if you ever lose it, at no charge! No insurance plan will be necessary. No liability for losing or damaging it. You get an additional Digi-Vice handed to you simply for the asking. The FBI will take care of disabling and finding the old one. You won't have to carry around a cell phone for communication. It can verbally guide you to a destination. If you need a screen for some reason, you can purchase a flexible polymer screen you can integrate. It is actually feather-lite, can be crumpled up and stuffed in a pocket, and restored with a sweep of the hand to perfect, un-marred high-resolution flatness.
- You will have the envy-inducing option of having a chip implanted in you, which will open a whole new world of freedom for you. If you implant the chip, you will be able to go everywhere without your Digi-Vice. Everywhere you go, you can do everything without fingerprinting, retinal scans, signing papers, putting in passwords, or even filling out forms. Your workplace can identify you so that you won't have to carry or swipe cards.
- Your Digi-Vice will communicate on the fastest 5G networks maintained and kept secure and stable by the US Government via The Treasury Department to build and maintain it, and the FBI to investigate threats. The military will have full responsibility for security of the system, specifically the critical elements of the network. There will be no dead spots, anywhere. You will be able to communicate in real time at the bottom of a mine shaft or the top of a remote mountain range with 100% reliability. All this is simply built into your Digi-Vice.
- But most importantly-Your money will belong to you. It will utterly and completely be yours, inyour control. You are the only one who will have any access, viewing, or control of it. It will be encrypted, and safe for you. You won't lose it, have it burn up in a fire, have it stolen from your pocket by a mugger. Even the government will not have access to the details of your monetary transactions unless you specifically grant it. Okay-the last lie is the biggest lie of them all.
They will make this so attractive to their target audience (people who are accustomed to being habitually electronically connected 24 hours a day, seven days a week) that vast swaths of people will break down brick walls to voluntarily get this deadly threat to their liberty. This is what they are aiming for.
That part will be like selling heroin to heroin-addicts.
At this point, they despotic government have one of the most effective wedges ever invented to drive between people.
It will be more effective than religion. It will be more effective than education. It will be more effective than class. It will be more effective than simply having money. It will be more effective than skin color.
It will be more of a wedge than money, because it is total control of money.
Digital Currency is EVIL.
3 posted on
05/12/2025 4:43:51 AM PDT by
rlmorel
("A people that elect corrupt politicians are not victims...but accomplices." George Orwell)
To: MtnClimber
There is that, but they also want to be able to fine you on the spot for whatever offense you committed. There is also the risk that they can devalue your bank account to prevent you from saving anything.
4 posted on
05/12/2025 4:44:23 AM PDT by
Jonty30
(If the life of a fish is as valuable as a human, why can't humans eat fish when fish eat fish?.)
To: MtnClimber
Trump is definitely for getting rid of cash and using bitcoin. That’s going to make him the first trillionaire.
32 posted on
05/12/2025 6:13:44 AM PDT by
napscoordinator
(DeSantis is a beast! Florida is the freest state in the country! )
To: MtnClimber
41 posted on
05/12/2025 8:40:46 AM PDT by
ridesthemiles
(not giving up on TRUMP---EVER)
To: MtnClimber
43 posted on
05/12/2025 8:55:50 AM PDT by
ridesthemiles
(not giving up on TRUMP---EVER)
To: MtnClimber; The Ignorant Fisherman; Karliner; 444Flyer; Nervous Tick; metmom; Maudeen; Bulwyf; ...
(I think that a Central Bank Digital Currency could easily lead to a Social Credit System similar to the one used to control the population in China.)
Exactly
—————6-6-6-———
Just wait until TPTB control all commerce via Digital Currency / Facial Recognition
Sounds farfetched but it has ALREADY begun in China
(farfetched: unlikely and unconvincing; implausible.)
(It works great in Communist China.)
China...No Digital ID...Can’t BUY food!
October 19, 2023
https://youtu.be/f6diM6X2A8E
51 posted on
05/30/2025 3:56:50 AM PDT by
SaveFerris
(Luke 17:28 ... as it was in the Days of Lot; They did Eat, They Drank, They Bought, They Sold ......)
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