Cash currency notes are not traceable (easily) and you can pay with them anonymously.
CBDC are programmable money, do you not understand the difference?
probably a bit more than you do...
there are a few, but check out cloudcoin
bottom line: you can print crypto to a piece of paper.
crypto (generally) is just a better way to account for your national currency.
the issue is... do you build the framework for ultimate privacy (as cloudcoin, and other private networks do) - or do you build the framework for ultimate transparency - as is bitcoin / blockchain-based do.
the federal government has the US military to enforce the use and valuation of a national currency -- greenbacks, for now.
but it's not about the accounting method (paper vs. digital) - it's about enforcing use - just ask any coiner.
as soon as congress cancels the greenback in favor of a new blueback (digital or paper - who fucking cares how they account for it)... your greenback is worthless.
Tell that to the 1's in my wallet ayh used to buy McDonald's this evening.
Is that piece of paper in your wallet backed by ... ?
nothing.
well, to be fair... it's back by a government promise.
a promise to what?
a promise to use the might of the Federal Government to force everyone to use USDs.
imagine what would happen to that paper in your pocket ...if Congress cancels your series of notes, and issues new paper cash. what's your cash worth then? #fuckall
don't get suckered into the digital vs cash limited hangout when the real debate should be about who controls the records.
more to the point: every "1" in your wallet has a serial number printed on it.
that serial number - "i promise" # 2B765876786786A
how are those numbers created and stored?
MULTIPLE CHOICE:
A) hand-transcribed onto paper and kept in a very large book of records within the Federal Reserve.
B) computer generated and stored in a digital database
most currency is a "digital" receipt of a promise to promote the currency every way possible - no different than every crypto. well except that crypto is way better - offers much great security (data integrity) and privacy or transparency (depending on what you need).
cuts both ways: 50% of the population just lined up for multiple injections of experimental, DNA altering drugs.
Yes its a Federal Reserve note and yes its backed by x y z
x y z = zero assets... simply a promise / expectation / mutually-beneficial arrangement / that congress will use the US military to enforce the use of USD internationally.
pretty key
But say you shut off all the power, all the coms, all the rf.. and are left with just peasants for a blackout.
ok we need to be very specific about your hypothetical, please:
all internet is gone.
for how long? is this a global event, or regional?
all electricity is gone.
for how long? is this a global event, or regional?
A. doomsday scenario.
in the event you are presenting a doomsday scenario.
how would all power go out worldwide forever... ?
hmmm... pretty unrealistic scenario in IRL, right?
OK but let's assume it happens ... washington DC gets nuked when all the congress people in in the same building. at the same time, all the oil and military assets get nuked. so... basically no politicians and DC is fucking glass. there is no more oil. and all the military assets are gone. army. navy. bases. planes. subs. satellites. etc... gone. #aliens
in that case... i would say... those USD's will last about 30 days... at best. at which point people will wake up - realize USD ain't shit.. and will start bartering with actual assets.
personally, if i knew the USD government had collapsed... and that we were all left to simply build back better from scratch, i would not accept USD... quite the opposite.. i would liquidate my USD's ASAP... and buy as much penicillin, seeds and 9mm-related ammo as my 1's would buy that day! if the USD government collapsed, your USD ain't shit, bro... it's over for the US federal reserve note.
same with all the bitcoin...all infrastructure crumbles in doomsday scenarios.
B. not doomsday, but disruptive - globally.
if you are just saying that.
worldwide, all power goes down - then magically back online within 30 days...
worldwide, all communication goes down - then magically back online within 30 days...
that's a pretty unrealistic scenario - not really sure it's worth considering.
C. not doomsday, but disruptive - regionally.
regionally, all (technically not ALL!!!) power goes down - then magically back online within 30 days...
regionally, all (technically not ALL!!!) communication goes down - then magically back online within 30 days...
admittedly, there would be a spike in the use of cash. (a temporary spike.)
bottom line:
if you know it's only a temporary disruption, then crypto remains an option.
you can print your bitcoin - technically. and BTC is great for specific use-cases..... as a blockchain, BTC is transparency focused. in my opinion, it would be great to get the US Federal government to adopt a transparent ledger system. obviously? i honestly don't see any downside - except for the criminals trying to fudge numbers. blockchain is just a better (open / verifiable, etc.) for government to manage accounting of national currencies.
there are also private networks like cloudcoin (cloudcoin.global) that are built for privacy: information is sharded across multiple hosts - i.e., no one ever has all the information until the information is called for a request. more to the point: you can print and trade cloudcoin as paper receipts, so long as you are able to eventually access the internet - 30 days later, for example.
but my point is simple: if there no more power - worldwide - for the foreseeable future... #unrealistic - you'll be wiping your ass with those 1's within 90 days.
cash is already digital
probably a bit more than you do...
there are a few, but check out cloudcoin
bottom line: you can print crypto to a piece of paper.
crypto (generally) is just a better way to account for your national currency.
the issue is... do you build the framework for ultimate privacy (as cloudcoin, and other private networks do) - or do you build the framework for ultimate transparency - as is bitcoin / blockchain-based do.
the federal government has the US military to enforce the use and valuation of a national currency -- greenbacks, for now.
but it's not about the accounting method (paper vs. digital) - it's about enforcing use - just ask any coiner.
as soon as congress cancels the greenback in favor of a new blueback (digital or paper - who fucking cares how they account for it)... your greenback is worthless.
#retard.
Is that piece of paper in your wallet backed by ... ?
nothing.
well, to be fair... it's back by a government promise.
a promise to what?
a promise to use the might of the Federal Government to force everyone to use USDs.
imagine what would happen to that paper in your pocket ...if Congress cancels your series of notes, and issues new paper cash. what's your cash worth then? #fuckall
don't get suckered into the digital vs cash limited hangout when the real debate should be about who controls the records.
more to the point: every "1" in your wallet has a serial number printed on it.
that serial number - "i promise" # 2B765876786786A
how are those numbers created and stored?
MULTIPLE CHOICE:
A) hand-transcribed onto paper and kept in a very large book of records within the Federal Reserve.
B) computer generated and stored in a digital database
most currency is a "digital" receipt of a promise to promote the currency every way possible - no different than every crypto. well except that crypto is way better - offers much great security (data integrity) and privacy or transparency (depending on what you need).
gotta jet.. USD is already digital.
cuts both ways: 50% of the population just lined up for multiple injections of experimental, DNA altering drugs.
x y z = zero assets... simply a promise / expectation / mutually-beneficial arrangement / that congress will use the US military to enforce the use of USD internationally.
pretty key
ok we need to be very specific about your hypothetical, please:
for how long? is this a global event, or regional?
for how long? is this a global event, or regional?
A. doomsday scenario.
in the event you are presenting a doomsday scenario.
how would all power go out worldwide forever... ?
hmmm... pretty unrealistic scenario in IRL, right?
OK but let's assume it happens ... washington DC gets nuked when all the congress people in in the same building. at the same time, all the oil and military assets get nuked. so... basically no politicians and DC is fucking glass. there is no more oil. and all the military assets are gone. army. navy. bases. planes. subs. satellites. etc... gone. #aliens
in that case... i would say... those USD's will last about 30 days... at best. at which point people will wake up - realize USD ain't shit.. and will start bartering with actual assets.
personally, if i knew the USD government had collapsed... and that we were all left to simply build back better from scratch, i would not accept USD... quite the opposite.. i would liquidate my USD's ASAP... and buy as much penicillin, seeds and 9mm-related ammo as my 1's would buy that day! if the USD government collapsed, your USD ain't shit, bro... it's over for the US federal reserve note.
same with all the bitcoin...all infrastructure crumbles in doomsday scenarios.
B. not doomsday, but disruptive - globally.
if you are just saying that.
worldwide, all power goes down - then magically back online within 30 days...
worldwide, all communication goes down - then magically back online within 30 days...
that's a pretty unrealistic scenario - not really sure it's worth considering.
C. not doomsday, but disruptive - regionally.
regionally, all (technically not ALL!!!) power goes down - then magically back online within 30 days...
regionally, all (technically not ALL!!!) communication goes down - then magically back online within 30 days...
admittedly, there would be a spike in the use of cash. (a temporary spike.)
bottom line:
if you know it's only a temporary disruption, then crypto remains an option.
you can print your bitcoin - technically. and BTC is great for specific use-cases..... as a blockchain, BTC is transparency focused. in my opinion, it would be great to get the US Federal government to adopt a transparent ledger system. obviously? i honestly don't see any downside - except for the criminals trying to fudge numbers. blockchain is just a better (open / verifiable, etc.) for government to manage accounting of national currencies.
there are also private networks like cloudcoin (cloudcoin.global) that are built for privacy: information is sharded across multiple hosts - i.e., no one ever has all the information until the information is called for a request. more to the point: you can print and trade cloudcoin as paper receipts, so long as you are able to eventually access the internet - 30 days later, for example.
but my point is simple: if there no more power - worldwide - for the foreseeable future... #unrealistic - you'll be wiping your ass with those 1's within 90 days.
ps. technology is not evil. but it can cut both ways: knives can be used for spreading butter or murder.
crypto (higher math) offers unparalleled transparency!
other crypto (higher math) offers unparalleled privacy!
both are great features - depending on your use case - you just need to program it to your needs.
don't be a #cryptohater just because a few douchebags are attempting to exploit the tech for nefarious purposes..... fight fire with fire!