tech

Central banks join to study possible digital currencies

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No hand to hand cash transactions means that the banks/govts will track our every cent spent, which means monitoring, which means control, which means dictatorship. Get ready. God help those who think differently than the elites.

2 ( +3 / -1 )

No hand to hand cash transactions means that the banks/govts will track our every cent spent, which means monitoring, which means control, which means dictatorship.

So we're already living in a dictatorship?

-2 ( +0 / -2 )

@Strangerland

Not yet. Hand to hand cash transactions are still mostly allowed. But the day is coming.

Just as Big Tech, which dominates the flow of information, seeks to dictate what can and cannot be said, those who control the flow of money will seek to dictate how it can and cannot be spent. An unfortunate reality. Those of us who dissent from 'normal' thinking better prepare.

2 ( +2 / -0 )

No hand to hand cash transactions means that the banks/govts will track our every cent spent, which means monitoring, which means control, which means dictatorship.

This article has nothing to do with abolishing cash.

And nor do your conclusions about electronic payments have any basis in reality.

-1 ( +0 / -1 )

Not yet. Hand to hand cash transactions are still mostly allowed. But the day is coming.

If it does, cryptocurrencies are going to suddenly be a lot more appealing to a lot more people - it will be the only means of not having your every transaction monitored by the government and corporations.

That said, it will never happen. People still barter, even though cash was introduced. People still use cash, even though debit/credit cards were introduced. People will still use other means when cryptocurrencies become a standard.

0 ( +0 / -0 )

For something in it's infantcy there certainly are alot of scandals around it where you're SOL.... Does the risk really outweigh the rewards? You don't trust the government but you trust Facebook?

0 ( +0 / -0 )

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