Criminalization is coming, and all they got to do is trace one transaction to milk a settlement from someone who has all their assets frozen and is "somehow" unable to raise the 6 figures necessary for a federal legal defense.
A lot of people won't get caught, but who cares, they'll get to absolutely crush some more individuals that dare to defy the banks.
They've been talking about that a while. I wonder how they get anyone to use it, outside of replacing existing USD transactions with it (e.g. ACH, Visa/Mastercard, etc.) Even if they totally ban any other crypto who is going to want their government crypto. It defeats the purpose.
Even if they totally ban any other crypto who is going to want their government crypto.
Anybody who wants to be able to pay their taxes, at a guess. It's easy enough to force some level of participation, and once you have that, the government can make it reasonably difficult to trade between, particularly if they introduce the smart money thing that's effectively a limited-use voucher owned by your employer (or the government) rather than actual currency.
If mean, if they are going all-in on the smart currency thing, the sky's the limit with how authoritarian you could be. What's that? You like some stocks? I'm sorry, you're little people, your voucher won't work for that until you get some insurance - to protect the market, of course - that just happens to only be available to Wall Street types.
I guess that's what I meant by replacing existing USD transactions though. It would have a be a "no, you can't pay us with <insert some other way you used to pay> you now have to use UShitCoin to do that." At which point it's just another transaction system for the same thing.
Or tax you more based on your choices of what you buy. Just imagine they push single payer healthcare through they will increase your taxes based on red meat purchases, lack of gym membership, number of games played or movies watched.
It instantly tells the government everything about you based on purchases. The same crap info that big tech has gathered on all of us to try to sell you more, government will use to tax and oppress you into behaving the way the government wants.
it will be impossible to ban crypto use entirely. they will just restrict regular crypto so hard that it becomes more expensive or more punishing to use than their USD shitcoin. does anyone actually think the WEF globalists will let anyone get out from under the tax boot?
Yeah I figure if they want to kill crypto they just restrict the conversion to and from $. At the moment that's still where it's value lies, and they can go after those exchanges whenever.
By not buying US or European tech for their military. They are still using the ak as the base for their main issued rifle. A weapon made out of stamped metal and loose tolerances that trade off precision for reliability and ease of use. Look up the difference in Russian airfields vs nato airfields. How they design military aircraft is based off an entirely different philosophy than The US. All of which cuts costs. They also use conscription to fill holes in the ranks. If some of the stuff coming out of Ukraine is true (which a good amount probably isn’t) they probably spend way less on training as well.
Russian major exports are weapons, oil, vodka, and caviar. The weapons and oil probably greatly subsidize their own r&d and purchasing their own equipment. But outside of that what is there that’s really made or developed in Russia sold in a global market.
When the USD hyperinflates away, people will flee to anything they can.
I'm sure the price will be permanent indentured servitude-- they'll take your house and any other hard assets you have.
The only thing stopping them is massive technological decline. These people believe in magic fairy dust over facts and logic, so they think by spending money and saying words the currency will just magically come into being.
The point of the digital currency system isn't just social credit scores either.
It enables them to separate entirely from everything, even debt. They'll track their debt still sure, it's a control device, but it's far easier to fudge a digital currency than a bank and cash system.
When inflation gets too rampant, they can just "change a few zeros", same when interest gets too uppity.
It's absolute control of finances and separating it from the consumers purchasing power.
Boycotting by refusing to buy will no longer work. You will engage in the market comrade. You will buy the bread. You will not know how much it costs one day to the next. You will not know if you are allowed to. You will not know if your A-Coins are still valid when B-Coins come in. You don't know when B-Coins will arrive.
Even the most generous explanations I've seen of CBDCs make them sound like something out of a dystopian novel.
All your wealth held by the government, who can revoke your access for any whim or fancy?
Your ability to pay for food held ransom by a single hiccup of The Almighty Algorithm?
Leading Experts using Established Science:tm: to decide just how much you should be allowed to spend on certain things, and discouraging you from deviating from their prescriptions via penalties and fines?
Bribing Encouraging people to donate and support woke shit by offering them reward points and incentives? "Earn an extra 100 social credits every day by sharing our Totally Organic Cultural Marxist Propaganda on your social media feeds!"
"Sign up today for our WrongThink:tm: Insurance programme that covers you for up to 10000* worth of social credits in the unfortunate case of you voicing or entertaining the wrong opinion on $latest_topic. Terms and conditions apply."
This is the birth of the U.S. social credit system.
What a fucking nightmare.
you've been bad. Your credit karma social credit score is too low today so no meat for you until next month!
We will be at risk of civil asset forfeiture EVERY time we surf the internet or purchase something
Sensible and irs guidelines can’t actually go next to each other and make a plausible sentence.
Criminalization is coming, and all they got to do is trace one transaction to milk a settlement from someone who has all their assets frozen and is "somehow" unable to raise the 6 figures necessary for a federal legal defense.
A lot of people won't get caught, but who cares, they'll get to absolutely crush some more individuals that dare to defy the banks.
They've been talking about that a while. I wonder how they get anyone to use it, outside of replacing existing USD transactions with it (e.g. ACH, Visa/Mastercard, etc.) Even if they totally ban any other crypto who is going to want their government crypto. It defeats the purpose.
Sadly many retards will get on board if they use stimulus checks or UBI to start the adoption of this cancer.
According to "president" Biden black people can't even use a computer, how will they use a digital currency?
Smart kids can, though
Yeah I didn't think of them using it to give shit away for free. That would definitely get people on board.
Or overly tax businesses who still pay in usd to bank accounts instead of their government crypto with your ssid issued crypto wallet
Anybody who wants to be able to pay their taxes, at a guess. It's easy enough to force some level of participation, and once you have that, the government can make it reasonably difficult to trade between, particularly if they introduce the smart money thing that's effectively a limited-use voucher owned by your employer (or the government) rather than actual currency.
If mean, if they are going all-in on the smart currency thing, the sky's the limit with how authoritarian you could be. What's that? You like some stocks? I'm sorry, you're little people, your voucher won't work for that until you get some insurance - to protect the market, of course - that just happens to only be available to Wall Street types.
Indeed. Your prescribed role in this little drama is to be the poor bastard losing his pension fund.
I guess that's what I meant by replacing existing USD transactions though. It would have a be a "no, you can't pay us with <insert some other way you used to pay> you now have to use UShitCoin to do that." At which point it's just another transaction system for the same thing.
True enough, it's just another transaction system - but one the Federal government could throw you in jail for not using. That counts for a bit.
Or tax you more based on your choices of what you buy. Just imagine they push single payer healthcare through they will increase your taxes based on red meat purchases, lack of gym membership, number of games played or movies watched. It instantly tells the government everything about you based on purchases. The same crap info that big tech has gathered on all of us to try to sell you more, government will use to tax and oppress you into behaving the way the government wants.
it will be impossible to ban crypto use entirely. they will just restrict regular crypto so hard that it becomes more expensive or more punishing to use than their USD shitcoin. does anyone actually think the WEF globalists will let anyone get out from under the tax boot?
Yeah I figure if they want to kill crypto they just restrict the conversion to and from $. At the moment that's still where it's value lies, and they can go after those exchanges whenever.
The duopoly is associated with the WEF.
Who is pushing the digital currency? WEF
Don't think the duopoly are gonna stop this.
Visa and Mastercard also pulled out of Russia voluntarily, giving their market share to the Chinese.
What did they get out of that deal and why did they do it so willingly?
The Russian economy is about as big as Florida, it isn't that big of a hit.
Is that really true?
They have a population of 130 million people, roughly half the US.
How can they sustain "the second or third largest army in the world" then?
By not buying US or European tech for their military. They are still using the ak as the base for their main issued rifle. A weapon made out of stamped metal and loose tolerances that trade off precision for reliability and ease of use. Look up the difference in Russian airfields vs nato airfields. How they design military aircraft is based off an entirely different philosophy than The US. All of which cuts costs. They also use conscription to fill holes in the ranks. If some of the stuff coming out of Ukraine is true (which a good amount probably isn’t) they probably spend way less on training as well.
Russian major exports are weapons, oil, vodka, and caviar. The weapons and oil probably greatly subsidize their own r&d and purchasing their own equipment. But outside of that what is there that’s really made or developed in Russia sold in a global market.
When the USD hyperinflates away, people will flee to anything they can.
I'm sure the price will be permanent indentured servitude-- they'll take your house and any other hard assets you have.
The only thing stopping them is massive technological decline. These people believe in magic fairy dust over facts and logic, so they think by spending money and saying words the currency will just magically come into being.
It’s all about control. And the fact that people found value in a currency they can’t control terrified them
great reset
The only saving grace is that Deshawn and Shaniqua will be put in charge of the currency and hence, nothing will get done.
The point of the digital currency system isn't just social credit scores either.
It enables them to separate entirely from everything, even debt. They'll track their debt still sure, it's a control device, but it's far easier to fudge a digital currency than a bank and cash system.
When inflation gets too rampant, they can just "change a few zeros", same when interest gets too uppity.
It's absolute control of finances and separating it from the consumers purchasing power.
Boycotting by refusing to buy will no longer work. You will engage in the market comrade. You will buy the bread. You will not know how much it costs one day to the next. You will not know if you are allowed to. You will not know if your A-Coins are still valid when B-Coins come in. You don't know when B-Coins will arrive.
This is worse than I originally thought.
Even the most generous explanations I've seen of CBDCs make them sound like something out of a dystopian novel.
All your wealth held by the government, who can revoke your access for any whim or fancy?
Your ability to pay for food held ransom by a single hiccup of The Almighty Algorithm?
Leading Experts using Established Science:tm: to decide just how much you should be allowed to spend on certain things, and discouraging you from deviating from their prescriptions via penalties and fines?
BribingEncouraging people to donate and support woke shit by offering them reward points and incentives? "Earn an extra 100 social credits every day by sharing our Totally Organic Cultural Marxist Propaganda on your social media feeds!""Sign up today for our WrongThink:tm: Insurance programme that covers you for up to 10000* worth of social credits in the unfortunate case of you voicing or entertaining the wrong opinion on $latest_topic. Terms and conditions apply."