4um: There Are Currently At Least 80 Central Banks Around the World Looking at Digital Currencies

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Title: There Are Currently At Least 80 Central Banks Around the World Looking at Digital Currencies
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URL Source: https://www.thegatewaypundit.com/20 ... ld-looking-digital-currencies/
Published: Jul 11, 2021
Author: Gateway Pundit
Post Date: 2021-07-11 14:28:48 by Horse
Keywords: None
Views: 54
Comments: 3

There are at least 80 countries around the world looking at digital currencies.
We reported on the risks with digital currencies and the opportunities for governments to use them to control and remove individual rights.
https://twitter.com/i/status/1413940278508019716
Poster Comment:
Digital cash will not be anonymous like bank notes. It will be like a debit card. No privacy. It will be like th Mark of the Beast. You cannot buy or sell without the permission of DC. You could work but your employer could not pay you.
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#1. To: Horse (#0)
Digital cash will not be anonymous like bank notes. It will be like a debit card. No privacy. It will be like th Mark of the Beast. You cannot buy or sell without the permission of DC. You could work but your employer could not pay you.

For digital central bank coins, true. Completely true, and with the Yuan, the central bank has even reportedly put expiration dates on their digital currency, requiring people to spend it by a certain date or lose it.
But with free-market crypto, not true at all. No one can prevent people from spending or force people to spend the free market version. People can spend it or save it as they see fit, and with some versions, it is indeed anonymous and non-trackable. (Monero, Zcash & Dash).
So we will get to choose which currency we prefer, but I believe opting out of digital currency will, in time, not be a feasible option.

Pinguinite posted on 2021-07-11 16:45:15 ET Reply Trace Private Reply
#2. To: Pinguinite, 4um (#1)
Completely true, and with the Yuan, the central bank has even reportedly put expiration dates on their digital currency, requiring people to spend it by a certain date or lose it.

That sucks. There must be a workaround for that, transferring it back and forth between friends, etc. Communism sucks. Try telling that to some purple-haired retard though.
The light that burns twice as bright, burns half as long. - Dr. Eldon Tyrell
Godfrey Smith: Mike, I wouldn't worry. Prosperity is just around the corner.
Mike Flaherty: Yeah, it's been there a long time. I wish I knew which corner.
My Man Godfrey (1936)

Esso posted on 2021-07-11 17:01:59 ET Reply Trace Private Reply
#3. To: Esso (#2)
That sucks. There must be a workaround for that, transferring it back and forth between friends, etc.

With centralized crypto, there's really no limit to what restrictions they could create. What they could do is have merchant wallets and personal wallets, and prohibit exchanges of currency between personal wallets, or perhaps beyond registered family members. Something like that. Or not have the expiration of the crypto get extended unless it's paid to a merchant.

Pinguinite posted on 2021-07-12 1:04:29 ET Reply Trace Private Reply
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