Every transaction will be visible to the state. (e.g. we see you've been spending a lot of money at the ammunition store / gas station / butchers lately)
Every transaction is subject to government authorisation (e.g. no person to person transactions or only authorised businesses can accept payments)
Every Unit of Currency will be able to be expired by the govt. (e.g. spend it in 30 days or lose it)
Ability to spend tied to your social credit score (e.g. your carbon footprint is too high, no more gas for you this month, sorry no air travel for you)
So if you cut your neighbor grass for $40, there's no more two $20s anymore, that's TAXED INCOME, so they will probably take some off the top "taxes." You'll make $34.92 (yes, these cum-guzzlers will make it impossible to keep up with)
Basically it wipes out who's debt? Take a guess?
This is when the real riots start. After they cut the power for a couple of months, it will come back on and "oooops, no more greenbacks, no record you had that much, but everyone starts off with a thousand REAMMYASS BUX. Lucky you. It only cost you your life savings!"
Oh, your property...it IS property, whether or not it's yours is another story altogether.
People will go on a rampage after the government steals it all. You think shit is bad now? Wait till half are victims of vax and the living half are victims of the biggest scam in history. CBDC.
You are confusing the concept of "account balance kept in digits" and "fully traceable transaction ledger in which the ability of parties to trade is entirely controlled by, and visible to, the govt."
tbh I thought you knew more about this subject
"digital currencies" is a smokescreen name to make them sound more palatable
Nigeria?! LOL! Escam capitol of the universe!
My account number is 108893 23...oh. I thought I was going to be rich .;(
Argentina. Good enough for Hitler, good enough for me
That should be their National Slogan
Every transaction will be visible to the state. (e.g. we see you've been spending a lot of money at the ammunition store / gas station / butchers lately)
Every transaction is subject to government authorisation (e.g. no person to person transactions or only authorised businesses can accept payments)
Every Unit of Currency will be able to be expired by the govt. (e.g. spend it in 30 days or lose it)
Ability to spend tied to your social credit score (e.g. your carbon footprint is too high, no more gas for you this month, sorry no air travel for you)
And that's not being very imaginative.
So if you cut your neighbor grass for $40, there's no more two $20s anymore, that's TAXED INCOME, so they will probably take some off the top "taxes." You'll make $34.92 (yes, these cum-guzzlers will make it impossible to keep up with) Basically it wipes out who's debt? Take a guess?
This is when the real riots start. After they cut the power for a couple of months, it will come back on and "oooops, no more greenbacks, no record you had that much, but everyone starts off with a thousand REAMMYASS BUX. Lucky you. It only cost you your life savings!" Oh, your property...it IS property, whether or not it's yours is another story altogether. People will go on a rampage after the government steals it all. You think shit is bad now? Wait till half are victims of vax and the living half are victims of the biggest scam in history. CBDC.
It will be drip fed.
The Chinese gave people who signed up free cash and also a random prize lottery.
Most people won't care, and call us idiots, until it's far too late.
You are confusing the concept of "account balance kept in digits" and "fully traceable transaction ledger in which the ability of parties to trade is entirely controlled by, and visible to, the govt."
tbh I thought you knew more about this subject
"digital currencies" is a smokescreen name to make them sound more palatable