Subj : RE: the plan for destroying cash
To   : Ogg
From : smokku
Date : Sun Apr 07 2024 08:45 pm


On 2024-04-07 11:01 Ogg said...
 Og> I think it failed in some aspects,   especially when 
 Og> there were power outtages.

See that in context of Elon Musk building Starlink, that will cover 100% online connectivity for all places on earth.

CBDC is much more than digital currency. It is programmable currency.
It is currency, that may have built-in expiration date. If you do not spend your money before deadline, it will simply disappear.
It is currency, that tracks your CO2 output. You may have money on your account, but you will not be able to buy stuff, as you reached your CO2 emission limit.
It is currency, that is marked with what you can purchase. Different money for guaranteed income, different for luxury goods (bonus for good behavior), which is not interchangable.

If you want to read more about this kind of society, please read "Limes Inferior" novel by Janusz Zajdel. This really looks like a prophecy for the coming times.


-- 
smk
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