Reading all kind of CBDC propaganda and those who are clearly against CBDC I absolutely can't get something real from that stuff.
Every single feature/option/whatever of CBDC could be implemented using current bank card/account system without single problem. Everything, from any restrictions to programming buying power or whatever. Every single thing that somehow connected to CBDC in everything written about it and posed as threat/advantage by whatever side is a question of a few minutes scripting in bank computers over current card/account system.
So, what is the real point of pushing CBDC crap by TPTB? Money laundering? Creatiing a base for some other narrative unknown yet, like kind of cyber threat fearmongering? What else? Anybody?
Why do you think they can't ban cash without CBDC but somehow suddenly can with CBDC? I still can't find any reason for such conclusion.
In USSR exchanging rouble to a dollar was a crime with long jail time. But there was no problems to do that if you need. That's practice, not some assumptions. Why do you think they will succeed in banning underground exchanges if even USSR authorities was unable to do that?
Ok well. Not being able to ban cash previously is easy. There is no replacement. So you would not see it done based on that.
As you eluded to. When USSR wanted to stop people from using usd they couldn't. Because there were ways to spend the usd. And people put value in it.
This is going to be different. It's like comparing apples to bicycles.
With 0 ways to convert your cash back into credits. Suggests any removal from the cbdc will be a permanent loss.
So who will eat that loss each time an exchange is made? What is the mechanism with no audit to reveal how exchange has been occurring?
How would one go on record as spending their cbdc into the mystery that would surely trigger an audit?
There always will be ways to spend some means of exchange. Whatever means of exchange will be.
Why anybody will need "credits"? People need things and services, not "credits".
And exchanging cash to CBDC will not be harder than vice versa. Same scheme - one who need cash just pay CBDC for some non-existing service to one who have cash and need CBDCand that's all.
How "astrology prognosis" or "equity training" paid in CBDC could be "mistery"? Anybody who will question such spending of CBDC will be immidiately deprived from CBDC services!
I see no problems with organising black market with CBDC. And unquestionable wokeness of those who push CBDC gives a perfect cover up for that black market. "Hey, psst, do you want to buy Iranian reals and rump up your social score?"
Ok. I don't think your ideas make sense. Or you are yet incomplete on the processing.
For example say I have cash and you want it. So you want to give me cbdc.
Now this point of transfer is on record. You giving me credits.
Like taxes this is auditable and points to me. What reason do I provide for accepting your credits? This is going to be added to my income and will weigh on my own operations in cbdc. This will come at a cost and would offset any benefit.
If I am on record continually receiving credits for services or goods I would them be taxed and manipulated based on that.
The more often I perform this exchange the more attention I will draw.
Basically in all transactions at least one person is fully tracked and auditable. This is the problem. To move in and out of cbdc requires verifiable links.
This non existent imaginary service is not as simple as you are making out. It is an extreme point of weakness that relies on illogical operations by the system that is ensuring compliance.
In a human compliance system sure. But this is fully automated digital system of surveillance. Something tells me this loophole is more than unreliable.
The idea of creating an outside currency defeats the system and cannot interplay. Which implies there is no way to get back to cbdc. Without a link back to cbdc you are extracting continually and that won't work either.
How is that different from bank account receiving money from many other bank accounts as payments for some service? They also perfectly draw attention, taxed and whatever. But behind payments for some innocent service you could easily find crypto exchange, drug dealer, black goldseller or whatever.
I still don't get how that will suddenly become completely different with CBDC.
Blockchain is not some fucking magic, it is just a way to store data, nothing more. Different from the regular database in implementation, but absolutely same from the point of storing data. Data determine what is stored, not the way of storing. It is like database where you can't change data if you don't have access to all private keys that ever used to add records. In case of CBDC government/CB is the only owner of the private keys ised to sign blocks, so even from the side of changing stored data such blockchain is no different from database. Governement/CentralBank could always rebuild all blockchain from the beginning with replaced data.
There are tons of such imaginary services around. Many are even just plain swindlers, like different consulting agencies, charities, funds and so on, but they are perfectly exist for decades without any problems. As for those who are not just swindlers, what they really do behnd and what is the real purpose of payments to them one could only guess.
Since many of such imaginary services perfectly exist right now and for a long time, I assume that there is nothing complex in creating such service.