Truly a legendary commercial....
All the Gen Z, millennials want this; they are too stupid to believe the government can make an adjustment and take from you.
Bitcoin will hit 30,000 before midnight
"We'll show you how to do it right......"
If Sweden involved Accenture in this project, the project is already doomed.
Jah, vee ees goin’ to get even more cozy vees our Chicommie masters. So let’s all get on dees vun verld schorr and bare our arses for dem. Yumpin’ yimminy!
[Sweden’s government will start exploring the feasibility of having the country move to a digital currency, marking another step into the unknown for the world’s most cashless society.]
THIS should end well. It was so hard to predict! /s
How many other countries will follow suit?
“follow suit” - “conform to another’s actions.”
(i.e.) “Spain cut its rates by half a percent but no other country has followed suit”
This is one of the socialist experiments that never stops stinking, no matter how many times it fails, “Like a dead raccoon under the porch.”
And it is basic economics as to *why* it fails.
To start with, Gresham’s Law, one of those nagging ‘iron rules’ of economics. Basically, if you have two competing currencies, people spend the weaker one and save the stronger one. This makes the weaker one weaker, and the stronger one stronger.
The next economic law is the bane of socialism. It is that “Anything of value that is desired can be used for currency.”
Literally *anything*. This drives socialists nuts, because one of their biggest beliefs is that everything must be parceled out (rationed) from the government to the people.
So socialists go to great lengths to *create* shortages in things people want, or at least the *illusion* that shortages exist, so the people must rely on government for everything they need or want.
My personal experience of this is that my state is a desert state, for the most part, though we have always been judicious with our water. In junior high school I was surprised because in a wetter year, signs popped up urging *residential* conservation.
This puzzled me, because I knew that 98% of our water use was between mining, agriculture, and industry, with the meager 2% for residential use. So why *residential* conservation?
The socialist answer to that was that even so, “It is important to ‘raise public awareness’.” Of what? The inability to do math?
And within a week, the mining industry announced that, to save money, they would no longer use fresh, but recycled water. Thus increasing our state fresh water supply by about 1/3rd.
So when will they be ending the residential conservation plan? Oh, they aren’t.
Which was when I learned one of the great catch phrases used by socialist scoundrels to justify artificial shortages.
“Because it’s important to raise public awareness.”
No, it isn’t. IT IS A LIE to get compliance with another LIE.
In any event, what will be happening in Sweden? Basically their virtual currency scheme will slowly rot, as people figure out ways around it. Eventually they will quietly dispose of it. Which won’t convince a socialist anywhere else that it isn’t a brilliant idea.
Do they remember that the NWO reset docs list total removal of all hard currency and going to a digital one as being critical in their plans
We remember....
They are full speed ahead into getting their Euro block Unigovt in total control of all funds globally.
FUNWO
When the dollar is finally replaced as a reserve currency, will it be private cryptocurrency? Inquiring minds want to know.