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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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53660251 No.53660251 [Reply] [Original]

you fags don't care until it smacks you in the face. we need more anti CBDC threads on /biz/. do you realise how much control over our finances ((they)) will have?
>total control over your spending
>total control over your taxes
>total control over your wages
>total control over your investments
>TOTAL FINANCIAL CENSORSHIP

they will tell you where to work, where to live, what to buy, who to fuck (if you're lucky). they will directly impose a score on your account and make is visible to all institutions. that means unless you BEHAVE you will be stuck in a shitty apartment with a shitty wife eating shitty food working in a shitty job.

>buy bitcoin? -10 points
>donate to BLM +20 points
>go on holiday during peak times -15 points
>buy the newest iPhone? +5 point
>buy an android from china? -10 points
>pay for a VPN service? -5 point

do you want this life? do you WANT to live in a dystopian hell hole? then be more active /biz/. unironically only we can stop this and you are sleeping.

>> No.53660393
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53660393

REPLY TO MY THREAD RIGHT NOW

>> No.53660445

>>53660393
It shall be done.

>> No.53660468

>>53660251
>only we can stop this
Who's we? This is a board for discussing how to make or lose a buck on what will happen, not for organizing movements to try to lobby for what should happen.

>> No.53660480

>>53660251
Just buy LINK then at least you will be able to afford the mos spacious pod and eat the highest quality bug meal

>> No.53660505
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53660505

>>53660251
I am a /biz/raeli and I am profiting from this
by decree you are henceforth required to return from whence you came

>> No.53660682

No, these morons think they can get rich by the implementation of CBDCs and don't realize how their quality of life and the quality of life they are leaving for their children will be. Everyone thinks they will be in the elite class and those midwits who are trying to get rich off the rollout of CBDCs are going to learn the hardest the error of their ways.

To the critics who say: "Well it's coming anyways, might as well try and profit from it!"

No...just simply don't participate in the system, in fact this is the perfect time to create a parallel economy and take the good parts of society we have and replace the bad ones that leave more in the hands of the people.

>> No.53660851

>>53660468
don't try and deplatform me cunt
>Discussions of government policy must be strictly limited to economic policies (fiscal and monetary).

>>53660480
link will be relegated to interface with CBDCs from crypto. no gov will put their trust in a crypto company to run the most powerful systems on earth, retard.

>>53660682
exactly, but how do we not participate when you get paid in tokens? this isn't about a digital currency, this is about taking away your ability to use anything else.

>> No.53660912
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53660912

Why arn't more banks fighting this? Wouldn't a CBDC effectively render them useless?

>> No.53660948

>>53660251
Yeah I mean, the fiat scam is finally coming to a close. They have to open up a new one.

>> No.53660951

Cdbcs aren't real just doomer conspiracy nonsense. Nobody is asking for them. They solve no problem. Not happening

>> No.53660964

>>53660851
>ink will be relegated to interface with CBDCs from crypto.
Chainlink, through SWIFT, will enable all CBDC to CBDC AND CBDC to crypto interoperability
>no gov will put their trust in a crypto company to run the most powerful systems on earth
They don't have to trust Chainlink labs, as the network will be tailor made for SWIFT's security needs
>retard.
Cope.

>> No.53660998

>>53660251
I get that but how is it going to be any different to the current system for the common man? What's a credit score again?

>> No.53661074

>>53660912
Because they're run by boomers, and banks will still be needed to make loans.

>> No.53661085

>>53660951
>Cdbcs aren't real

https://www.bankofengland.co.uk/the-digital-pound

Lol, lmao

>> No.53661096

>>53660951
They solve many problems. Mostly relating to counterparty risk for banks.

>>53660251
What do you do in your life that is so threatening to anyone? No one cares if you buy an android or bitcoin or go on vacation. You're a pleb whose life is inconsequential as demonstrated by your thinking you can effect change by starting a thread on biz about something that everyone has been aware of since 2017.

>> No.53661109

>>53660251
What is there to discuss, really? Everyone here is opposed to it. Even the scamming jeets.

>> No.53661123

>>53660251
CBDeez nuts

>> No.53661152
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53661152

>>53661085

>> No.53661178

>>53661109
I'm not opposed to CBDCs. I think they will be cool and will allow for a better functioning global financial system.

>> No.53661196 [DELETED] 

>>53660251
I’ll honestly just donate a few k a month to BLM once I make it with Chainlink to get my score up to make up for all the negatives.

>> No.53661198

>>53660951
They solve tons of problems for central banks.
>control what can be purchased
>control interest rates without fearing people holding cash
>can see everyone's spending habits
>can tax every single dollar earned
etc.

>> No.53661219

>>53661152
You take that at face value? lol

>> No.53661237

>>53661219
You think there's some conspiracy they're hiding? Lol

>> No.53661245

Anyone who is supposedly "anti-tax" should be actively anti-CBDC

>> No.53661317

>>53661237
The "conspiracy" is that when the poor class is dead broke, they will sell their guns, take free gibs, in order to receive UBI or any other form of free digital incentive. Almost begging for daddy govt to save

>> No.53661357

>>53660964
God you sounds like a xrp fag. Has it really come to this for stinky linkies lmao

>> No.53661367

>>53661317
Doomer nonsense you've listened to too many episodes of Alex Jones. Why do they need a cdbc to do this anyway? Why couldnt that be done with the current digital money we already use?

>> No.53661379

>>53661152
>the second half of the decade
so in 2 years then

>> No.53661388

>>53661367
CBDCs allow the government to directly see what you are spending money on - a lot harder when you use multiple bank accounts.

>> No.53661408
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53661408

>>53660251
I'll handle this like I handled the vaxx:
I just dont participate.

>> No.53661441

>>53661367
>Why couldnt that be done with the current digital money we already use?
because none of the current shitcoins can scale (besides BSV of course which is a contender in the running of CBDCs)

>> No.53661443

>>53661388
Harder but not impossible. And it could be made easier by passing new laws. So again why couldn't these sort of mass surveillance and control systems that doomers always preach about be done with existing digital money? Why would they need a cdbc to do this if that was the goal?

>> No.53661460

>>53661388
Even if this were true, who gives a fuck? No one in this thread is buying plutonium. The government doesn't give a fuck about the shitty drugs you're buying in insignificant quantities. If you really cared about your privacy, you wouldn't be spending all your time on the global data tracking infrastructure (the internet). You might actually go outside and do something. But you don't really care.

>> No.53661484

>>53661443
BECAUSE THE CONSPIRACY AND THE JEWS! THEY'RE FORCING ME TO SPEND ALL MY TIME ONLINE!

>> No.53661508

>>53661460
>No one in this thread is buying plutonium.
Haha yeah, that would be crazy. Nobody's doing that.

>> No.53662037

>>53661367
You're fucking dense. Read >>53661198
>>53661178
The layman doesnt care about a "better functioning global financial system" (what the fuck does that even mean?). CBDCs allow absolute government/central bank control over the layman's life.

>> No.53662220

>>53661443
>>53661443
Ask the average tax evading person if they would feel comfortable if cash paper was eliminated. They don't like that shit. If you dont like taxes you dont like CBDCs, anti-taxation faggots always preaching about muh money going to the govt

>> No.53662376

>>53661367
>>53661443
shut up. Yes they can do what they want but it's a lot harder. They have to contact banks and get into multiple payment systems. A CBDC would be a 1 stop shop for everyones' data. And it's not just one person. They need bank activity and they'll have an easier time seeing who sends to what and they can create little networks and see what businesses people they don't like use and then they can use the markets to destroy companies that undesirables are invested in or burn down buildings that certain people go to. You're a retarded joke of a human who shouldn't be able to vote if you can't figure this out on your own.

>> No.53662396

Where can I buy some cbdc. I don’t see it on coin base

>> No.53662436

>>53661357
newfag

>> No.53662471

Cbdc is for normies, just like the Vax. Think about it, what will the 1% use? They aren't going to get corralled into the cattle farm. There will still be private alternatives (but the window is closing). The black market will solve this, and the technological burden of trying to keep all the cattle in the corrall is greater than what anyone can muster

>> No.53663134
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53663134

50% of anons in this thread are sleeping

you should be vehemently against CBDCs. if they take away your financial freedom, they take away ALL freedoms. you will have nothing, and it will only get worse, they will give you shit to wear on your head that monitors your brain at your job, AI bots will be your boss and you will be fed a steady stream of information about why YOU are the bad person l, why YOU are not productive enough AND YOU WILL NOT HAVE THE ABILITY TO SAY NO.

there is a dark shadow spreading over you and you think its just clouds.

>> No.53663310

>>53662376
good thing cdbcs aren't a real thing then

>> No.53663616

If you are concerned about cbdc, all your money should be in cash gold and silver. You shouldn't be using digital banking and brokers. I'm not saying the concerns are unwarranted but the government/banks can easily control your finances right now

>> No.53663675

>>53663134
Anon, when is the last time you turned off your computer, phone, and other internet-enabled devices and just spent the day out in the world? Sounds like you might benefit from unplugging for a while.

>> No.53663797

>>53663675
hmm its been quite a while, but im a dev so its difficult to get away from it all.
>>53663616
not if i just use cash.

>> No.53663828

>>53661443
See
>>53662376

Also, with CBDCs it has the extra feature of being "programmable" and no longer fungible. I.e., we'll give you gibs, but you need to spend it in X weeks. Or even setting up things like a carbon allowance.

Think of the bigger picture.

>> No.53664290

>>53663828
If that was the goal why can't they do that with the existing digital money we already use? Just change the law so banks have to report everyone's spending to a central authority. Or issue debit cards for gibs that expire after a certain period and can only be used to buy certain things (like they already do its called ebt). No need for a cdbc if digital surveillanceand control is really what they're after. Cdbc solves no problem has no use case that existing digital money doesn't solve, and there is no demand from anyone for one.

>> No.53664318

>>53664290
Because it's vastly harder, and not centralised. Pretty simple.

>> No.53664344

>>53664318
>Vastly harder
Maybe to you but not the government

>> No.53664357

>>53664290
its not about being digitial its about getting rid of cash.

>> No.53664372

>>53664318
Just pass a law that requires banks to comply with data collection. Then you have your centralized database. No need for a convuluted cbdc is tracking everyone was really the goal

>> No.53664373

Schizos

>> No.53664390

>>53664357
Hardly anyone uses cash now. And if that was the goal just pass a law that bans cash and requires everyone to use existing digital money. No need for a cdbc

>> No.53664422

>>53662396
quick someone make a shitcoin (ticker:CBDC)

>> No.53664634
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53664634

>>53660951
You are a complete dumbfuck or a shill to believe that. Probably both.
>>53661152
We don’t know their real timeline. There could be an “emergency” cyberhack that accelerates everything. They have been testing for years already. It’s 2023 now so we are almost there anyway.
>>53661237
Accusing someone of conspiracy theories is glownigger activity. What happened to the so-called “conspiracy theorists” who resisted taking an experimental gene therapy two years ago? Oh that’s right they were 100% vindicated.
>>53661367
>Why couldnt that be done with the current digital money we already use
Smart contracts + CBDC tied to Digital ID + AI social credit system make it exponentially more efficient. They are creating a perfected, self-sustaining panopticon.
>>53661443
>Why would they need a cdbc to do this if that was the goal?
CBDC gives them more surveillance than ever before. It provides a means to slowly eliminate cash from the system entirely. They will have more control than ever. They can set expiration dates on money to prevent wealth accumulation. Adjust spending limits on meat/energy consumption according to carbon output, etc. They will have even more control than they do now with central banks.
>>53664290
They are perfecting the system. Social credit. No cash. AI monitoring. Anything unapproved will be blocked. Not just like ebt but anyone who is deemed “problematic” will be unable to buy weapons, metals, etc. in fact if you are flagged they can turn off your access to certain zones. No more renting in the nice area. No more renting a nice ride sharing service. No more job. You will own nothing. Meanwhile the system now has MORE surveillance than ever possible in the previous legacy system. Nobody actually wants trannies or bugs or any of this shit but they use state controlled media to keep hammering it into normies heads until they SUBMIT.

>> No.53664658

>>53664390
there is no point getting rid of cash if you are not able to get some advantage from it. the current system does not allow programmable transactions so the control is limited

>> No.53664686
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53664686

>>53664634
Ok

>> No.53664705
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53664705

>>53664686
>ad hominem
kek you have nothing shill

>> No.53664792

>>53664705
You are the one who has nothing except for a bunch of delusional conspiratorial speculation on what our leaders might do with a cdbc, even though nobody has said any of that, and all of those things are possible now without bothering creating a cdbc so if they really was the goal why haven't they already done it?

>> No.53664807

Not to sound like a comsoc but ubi is absolutely necessary if population is to be sustained simply due to automation, but also even without automation.
There is zero ways around this barring leaving the places where it is introduced and fleeing to the havens, of which there will be plenty as you are not the first to fear this outcome nor even close to having the most to lose from the introduction of such policies.
There is no fighting this unless you are advocating mass sterilization and culling, or some kind of moneyless system where all "basic needs" are met.
Your best hope is to learn to jump through the loopholes which WILL exist as even the "elite" need legal excuse.
Granted, these legal loopholes are ever changing and open or close at the whims of the politicians and businesses which depend upon them to function.
CBDC's are just one part of this and while fears of total currency control ARE well-founded, even in the most extreme outcome there will always be illegal activities as it is an inescapable effect of legality itself.
Within these illegalities there will always exist loopholes, as national security is restricted by the very legal system it is intended to protect, for fear of political fallout, and must hide itself amongst REAL illegal activity that does NOT serve the sole interests of the home nation.
This is due to the inescapable "glow" of agents who serve these "patriotic" agencies, a "glow" which is perceivable by foreign agencies and the skeptical alike.
You should always consider the vantasner danger meridian which is used to determine risk to agents in the field. Which can be summed up as; the biggest airports attract the most amount of travellers, the more travellers, the greater the anonimity, the greater the anonimity, the greater the risk of spook/criminal activity.
>tl;dr loopholes will always exist to the benefit of those aware
.verification not required

>> No.53664910

>>53664792
>and all of those things are possible now without bothering creating a cdbc
No they aren’t all possible right now. Like I said they are perfecting the system. Bringing it into the 21st Century. Making it programmable and compatible with smart contracts. Making it more efficient and automated than ever before.
>so if they really was the goal why haven't they already done it?
There was a missing link that is about to be filled.

>> No.53664950

>>53664910
Why exactly do you need "smart contracts" to achieve this? Why couldnt they just pass a law and make all existing banks and payment processors comply with data collection and spending restrictions?

>> No.53664958

>>53660251
how does being in a thread stop this?
knowing these have been coming for years hasn't stopped them

>> No.53665634

>>53664950
https://youtu.be/EtNxyQMN76Y

>> No.53665732

>>53665634
More conspiratorial nonsense. Has anyone said that this is what they want to do? And my question of why exactly a cbdc would be required to do any of this remains unanswered. If they want to limit what you can buy just pass a law. Implement rationing. Implement capital controls. Implement direct payments. All of this can be done without a cdbc. So why isn't it?

>> No.53665758

>>53660468
/thread

>> No.53665866

>>53665732
you are a broken record

>> No.53665905

>>53660251
The bankers will never let it happen in the West. They will never give up control voluntarily.

>> No.53665950

>>53665866
I have to keep repeating myself because nobody will answer my question. If the government wants to control and monitor everyone's spending why do they need a cdbc to do it? Why can't it be done with the digital money we already use? All they'd need to do is pass new laws. My main point is that cdbcs aren't real and aren't happening, and there's no point to them because any supposed use case could already be done with the digital money we already have. When I ask why we need cdbcs the only answers I get are a bunch of conspiracy theories about how the government wants to micromanage our use of money even though they could already do so if they wanted to

>> No.53666008

>>53665732
You fucking donkey bot. If (((they))) made any of those laws one day, do you know how much push back there would be?! This dystopian agenda HAS to be implemented by unconventional boiling frog means. There is no other option.

>> No.53666056

>>53665732
It's about ease of enforcement. The current system is so damn hard to audit while a single ledger is easy to control. But yeah slippery slope fallacy and all that

>> No.53666060

>>53666008
You are ignoring the fact that implementing a cdbc would require passing new laws. In the United States anyway, as Powell has pointed out. Btw Powell thinks cdbcs are pointless.

>> No.53666080

>>53666056
So if they can't have perfect enforcement they won't bother trying? Does that sound like our government?

>> No.53666088

There’s nothing we can do about it. We can simply pray for a cataclysm that will wipe out all life on earth. That’s the only way this whole thing gets fixed

>> No.53666124

>>53666060
>Btw Powell thinks cdbcs are pointless.
Of course he does. He's part of the banking cabal that rules the planet. The idea that they would give up power by letting a CBDC exist is a nonstarter.

>> No.53666144

>>53666124
Right. Another reason cdbcs aren't happening. Why would banks give up their privileged position? They'd fight any proposed cdbc tooth and nail. Cdbcs aren't happening, people.

>> No.53666167 [DELETED] 
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53666167

>>53665950
>If the government wants to control and monitor everyone's spending why do they need a cdbc to do it? Why can't it be done with the digital money we already use?

Everything is disjointed. They need tracking on distributed ledger systems that starts from the primary source where the money is created I.E. the Central Banks.

Also you are missing the key function of CBDCs which is that they are programmable fiat.

They can code the money to behave certain ways and it require less about the systems that employ it to end users.

Right now if the funds of someone are to be frozen the individual bank must freeze the account and NOT the actual funds.

With CBDCs they have more nuance available. Consider the following hypothetical which is 100% possible through CBDCs:

"John goes to the grocery store to pick up food for the week. He buys all his usual staples. Eggs, milk, bread, beef, veggies, and some fruit. The cashier rings up his goods and says his total is $74.84. He goes to pay with his debit card and the cashier tells him the payment was declined. He knows there is money in the account and tries again. She tells him that it failed again. On the cashier's screen is says "payment declined-code 667" which she knows, according to her training, is a climate sustainability code."

"John has likely bought too much red meat this week and went past his individual allotment. The cashier suggests he remove the beef from his bill and try again. After mulling it over, he reluctantly agrees. Voila the transaction goes through no problem and the payment succeeds without the red meat."

There is no one John can appeal too. The cashier can't do anything on her end to cheat the system because it isn't the store preventing him from purchasing the item. Its not his bank either that he can call and say there is a mistake. Its directly coded into the base layer of his monetary expression.

There is zero recourse for John in that moment.

>> No.53666168

>>53666080
They are already trying, it's very difficult with the sheer amount of untracable cash in the system. All governments have a stake in a completely transparent financial system. I think it's a bit naive to think they aren't trying and won't uptake technology that gives them greater control. At the end of the day, what is the point of government if not control?

>> No.53666189 [DELETED] 

>>53666144

Banks will still be the intermediary for this expression of fiat. They will still get theirs. Its just that Central Banks will have autonomy over the CBDCs programmable functions.

>> No.53666201

>>53660251
cbdcs will be private, only a police investigation will deanonymize you

>> No.53666204

Yeah only my heckin and ebin NSA and google get to heckin print money, the fed and treasury is STINKY PUUUU

>> No.53666229

>>53661237
>Some conspiracy
Nah, I'm sure it's just a coincidence that all central banks of all developed nations all around the world have been implementing all of the same unprecedented, power-grabbing policies at the same time.
>They're hiding
Yeah, we know that they aren't actually coordinating anything, even though they all get together in person, behind closed doors on a regular basis because they tell us they're not coordinating anything. I'm sure they just talk about the weather and sports and such.

>> No.53666242

>>53666167
why does it have to be on a "distrubuted ledger". why assume a cdbc would use one. Why would it need to? a cdbc is just PayPal run by the government why not a centralized sql database? Money we have is already programmable. If the government really wanted to limit how much meat you could buy they could just pass a law requiring banks to submit data to a central server and decline your card if you're over your limit. Why bother with a cdbc? Just make the banks enforce the rules, if that's truly the goal. Thats kinda how things currently operate so no reason couldn't take it a step further

>> No.53666250

>>53666229
What specific unprecedented power grabbing policy have they all been implementing at the same time?

>> No.53666255

>>53660251
We’re fucked. Have a bump

>> No.53666271

>>53666144
CBDCs could only happen in certain non-Western countries where the state is more powerful than the bankers -- e.g., Russia and China.

>>53666189
What would be the appeal of a CBDC where the bankers control the issuance (if you can even call that a "CBDC")? That's no different from the current electronic payment infrastructure.

>> No.53666278

>>53666168
Then just ban cash and require everyone use the digital money we already have. No need for a cdbc. As I keep saying cdbc solves no problem and serves no purpose. Any conspiracies to micromanage our spending could be done with the money we already use

>> No.53666290

>>53666271
I've heard about how the cdbc experiment has been going in China. Nobody wants to use it. People in the pilot will spend the free money they got and the stop using the cdbc wallet. Nobody wants this shit

>> No.53666306

>>53660951
Or you retard could do a google CBDC + any country & you will find a programm launching soon (TM). Nobody is hiding it. It is cheaper - all that matters.
Might want to get up to speed, champ

>> No.53666307

>>53661367
To more directly answer your question, they don't need a CBDC to do that. Its the other way around. That stuff needs to happen to get people to accept the social controls that will come with a CBDC.

>> No.53666313

>>53660251
working on open source AI with others, mostly from /g/.
https://open-assistant.io/dashboard

>> No.53666323 [DELETED] 

>>53666242

Distributed ledgers and blockchain are how you run smart contracts. Everything will be automated through AI, distributed ledgers, decentralized oracle networks, and smart contracts used together in tandem. Everything is much more seamless and efficient using the above method.

You are talking about programming systems. They want to program the monetary expression at the most base level. Its much tighter control.

By programming the fiat it allows for much easier introduction for future control measures as well.

>> No.53666329

>>53666290
It's all still in the 'policy wonk' stage. Many outlandish ideas go through that stage but never ascend to the decision maker level. CBDC is one of those dead in the water ideas.

>> No.53666364

>>53666307
The social controls that conspiracy theorists imagine dont require a cdbc so why would you assume that the launch of a cdbc would also include social controls? Doesn't make sense. Even if a cdbc does happen (which it won't) why assume that social controls will be bundled in? If they wanted the social controls they could do it now without any complicated cdbc program attached

>> No.53666376
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53666376

>>53665950
>>53664658
ok ill explain as best i can, if you don't get it after this then youre beyond help
1. because the current system doesnt contain the functionality to oppress people's finances (ie. money that expires).
>smart contracts and programmable money means you can do anything with that users funds, would you buy a crypto that gives that power? no.
2. because private companies control the current settlement systems and banks don't want that.
>SN invented a way to circumnavigate banks, now the banks are leveraging it as CBDCs to circumnavigate the private entities and governments
3. as an excuse to get rid of cash, so you cannot hide anywhere.
>look now everyone uses digital money, cash isn't needed

>> No.53666379

>>53666323
Just a bunch of buzzwords. Can you give any specifics? You've been hanging out on /biz/ too long and take Link threads seriously

>> No.53666385

>>53666323
Automation can use almost any data structure, doesn't need any of the things you list unless it is required to be decentralized, trustless, etc.

>> No.53666388

>>53666250
>What unprecendented power-grabbing policy?
Seriously? Probably the biggest one is called Quantitative Easing. Creating digital assets out of thin air to buy real tangible assets that actually exist in the physical world, as well as massive amounts of the future fruits of the world's labor and resources, AKA debt.

>> No.53666391

>>53666329
Totally correct. Glad there's one sane person in this thread.

>> No.53666402

>>53666388
Isn't that how central banks have always operated? Not really something new going on

>> No.53666407

>>53666388
>Creating digital assets out of thin air to buy real tangible assets that actually exist in the physical world
Lol, what do you think banking is?

>> No.53666415

Cbdc's, at least for the US, is a double edged sword. Powell has expressed this concern before. What gives the US an advantage is the perception of free and open markets, and the respect for property rights. A cbdc, depending on how repressive it is, will take away that advantage. In the long-term it would contribute to the collapse of the US government as black markets and an underground economy will flourish. Think of the Soviet system but much worse.

>> No.53666416 [DELETED] 

>>53666271
>What would be the appeal of a CBDC where the bankers control the issuance (if you can even call that a "CBDC")? That's no different from the current electronic payment infrastructure.

I'm not sure what you are asking. Central Banks already control the issuance more or less.

CBDCs are also much cheaper/more efficient than current systems

>> No.53666434 [DELETED] 

>>53666385
>doesn't need any of the things you list unless it is required to be decentralized, trustless, etc.

SWIFT is moving towards those exact things.

>> No.53666438

>>53666415
>In the long-term it would contribute to the collapse of the US government as black markets and an underground economy will flourish. Think of the Soviet system but much worse.
This is exactly what WEFkikes want.

>> No.53666440

>>53665950
>>53666167
this guy explains it well

>> No.53666448

>>53666167
Central banks to not create money, they print paper.
>>53666167
>>53666440
Kikels.

>> No.53666455 [DELETED] 

>>53666379

I see you aren't asking question in good faith anymore. Its /biz not /biz/

I never mentioned LINK. What I'm talking about are technologies coming together and working in tandem that make up the 4th Industrial Revolution.

>> No.53666462

>>53666448
>*Central banks do not create money, they print paper.

>> No.53666465

>>53666416
>Central Banks already control the issuance more or less.
No, private commercial banks directly control the issuance. All the Central Bank can do is encourage or discourage the banks by fixing the overnight rate.

>CBDCs are also much cheaper/more efficient than current systems
Not unless you are cutting out the bankers. That's where the real cost is. Trillions per year.

>> No.53666485

>>53666455
you are being baited at this point mate

>> No.53666497

>>53666364
>Social controls don't require a CBDC
Many do though. Right now, you still have the option to use cash. A lot of people won't keep any cash in a bank if nominal interest rates go negative. They can't give our current dollars an expiration date because they can be turned into cash. They can't track and/or ban transactions they don't want made if they're made in cash. They can't confiscate your cash if you support anti-government protectors like the Canadian truckers.
ButI agree that no normal people want CBDC. That's why the elitists that do want it have to collapse the current system first. I suspect and hope that Powell probably doesn't want a real CBDC either. Hence why they got the regular banking system involved in the recent test for a digital version of the dollar. I suspect it is a more serious and near-term threat for most other countries.

>> No.53666508
File: 3.33 MB, 310x310, 1664059315116440.gif [View same] [iqdb] [saucenao] [google]
53666508

>>53666391
Glownigger

>> No.53666514

>>53666167
That wouldnt work.
>There is no one John can appeal too
John will just buy whatever he is allowed to buy and then exchange it on the black market for whatever he needs or he will resort to crime to get what he wants.
if thats not possible John will relocate to a different country with a better designed CBDC.
with your idea of a CBDC, the country experiences brain drain, People have even less incentive to work and the economy goes down the shitter and doing the exact opposite of what it was meant to do.

>> No.53666515

>>53666455
Just saying "smart contract" "decentralized oracle" and "4th industrial revolution" isn't making an argument. It's spouting a bunch of buzzwords. I'm asking for specifics. Why do you need those things? If what our leaders want is to micromanage our spending and enforce social control through money why exactly do we need any of that crap? Why couldnt they just do it with the money and tech we already have? You say it's more "efficient"? How? And since when has our government cared about efficiency? When has being efficient ever been a prerequisite for implementing some policy or agenda?

>> No.53666534 [DELETED] 

>>53666485

I agree. Either way the potential ramifications for CBDCs are a horror show that the power systems in play want to happen.

They will likely get their wish slowly and over time.

It seems like it will be a bifurcated system for a long time too. The initial roll out for CBDCs will almost definitely be attached to some kind of UBI/Social monetary aid. This will encourage people to sign up and normalize them but if you don't need the extra purchasing power to survive then you won't be subject to the added controls that come with them.

Mostly poor people will be or feel forced while wealthy or self sufficient can avoid any problems.

>> No.53666535

>>53666497
Just pass a law banning cash and require people to use the digital money already in place. No cdbc required.

>> No.53666538

>>53666515
You need to research more, nigger.

>> No.53666545

>>53666497
The plot line of Mr Robot is not reality, schizo. Literally no politician or powerful person in the West is advocating for a CBDC. It benefits no one.

>> No.53666553

>>53666545
People like you or your botmaster deserve an axe to the skull for advocating and gaslighting for this shit.

>> No.53666556

>>53666462
>>53666538
>>53666553
kys mongoloid

>> No.53666566

>>53666402
>They've always done QE
No, it only started in 2008.
>>53666407
Banks have always created currency for borrowers to buy assets, but they never intentionally created currency to buy assets for themselves to keep before. The Federal Reserve alone already owns about 1/3 of the total debt of the US federal government. More than all the rest of the American people combined.

>> No.53666570

>>53666556
Go to hell, kike.

>> No.53666572

>>53666167
That would literally be the least efficient way to query a meat quota database ever created in human history.

>> No.53666582
File: 138 KB, 637x632, Pfizer.jpg [View same] [iqdb] [saucenao] [google]
53666582

>>53666572
You work for demons

>> No.53666590 [DELETED] 

>>53666514
>John will just buy whatever he is allowed to buy and then exchange it on the black market for whatever he needs or he will resort to crime to get what he wants.

Its an option but if most people are affected by the same controls than there isn't much red meat on the black market. It will be rather expensive.

Crime would probably definitely rise in this scenario.

>>53666514
>if thats not possible John will relocate to a different country with a better designed CBDC.

Relocating isn't that easy and that only possible assuming the designs are different. Most Central Banks are on the same page unfortunately policy wise.

>>53666514
>with your idea of a CBDC, the country experiences brain drain, People have even less incentive to work and the economy goes down the shitter and doing the exact opposite of what it was meant to do.

Sure bright people with the means will do what they can to escape it. To be fair, we don't really know what it is meant to do. Power systems already have all the resources and direct the flow of liquidity. Their main function is to retain that power at all costs.

>> No.53666598

>>53666566
>but they never intentionally created currency to buy assets for themselves to keep before
Of course they do. They either keep the mortgage on their books, or sell it on to others for cash.

>> No.53666618
File: 286 KB, 989x1280, FED-RESERVE.jpg [View same] [iqdb] [saucenao] [google]
53666618

>>53666598
fuck kikes.

https://www.federalreserve.gov/econres/notes/feds-notes/an-examination-of-first-mover-advantage-for-a-cbdc-20221125.html

>> No.53666622 [DELETED] 

>>53666515


-Artificial Intelligence to analyze data
-Blockchain/Distributed Ledgers to store data
-5G/Quantum processing powers to amplify the above
-Internet of Things Smart devices to gather data
-Smart ID/RFID chip internal tracking body data WO2020 060606 Microsoft Patent
-Decentralized Oracles for automated inputs/outputs based on arbitrary circumstances for all the accumulated data
-CBDCs for programmable money and physical money phased out

>> No.53666666

>>53666622
Link and eth will make you rich xrp shitcoin not needed

>> No.53666672

>>53666622
>-Blockchain/Distributed Ledgers to store data
>-Decentralized Oracles for automated inputs/outputs based on arbitrary circumstances for all the accumulated data
Why would they want these if they're not intending to create a trustless, decentralized system? You don't use a blockchain or oracle for anything centralized.

>> No.53666675

>>53666590
>Crime would probably definitely rise in this scenario.
yep no doubt about this and the criminals would just create their own economy.
>Relocating isn't that easy
Other countries will notice and then just offer people to migrate to their lands where there is less draconian rules in place.
simple as.
>To be fair, we don't really know what it is meant to do.
If they actually make a true CBDC it wont be as shitty as everyone says, they will make it so attractive and so good that EVERYONE will want to participate in the system because the CBDC will allow you to buy whatever you want while the cash is the thing thats getting limited.

>> No.53666681

>>53666545
>Literally no politician or powerful person in the West is advocating for a CBDC
Yet all the important central banks are working on one
Im not going to go on a schizo rant, but there are numerous videos of central bankers talking about how spending could be controlled via digital currencies
Last one I remember seeing was that fat dude in Brussels
Arguing that CBDCs wont hit the market is completely retarded, whether they are imposed/accepted is up for debate.

>> No.53666693

>>53666681
they might set up a CBDC thats meant to fail so Crypto takes its place.

>> No.53666698

>>53666535
>Just ban cash
Yeah, that alone would probably enable all the worst possible CBDC aspects that I can imagine, besides further centralization of the control of the creation of currency.
>>53666545
Biden literally just last year signed an order to study the possibility of the implementation of a digital dollar. The study is already underway. Obviously, it would benefit the people who would control it.

>> No.53666709

>>53666666
what a waste! bravo

>> No.53666711

>>53666622
There's no such thing as a decentralized oracle first of all. why would a centralized managed permissioned cdbc system use a blockchain? Seems inefficient. You can use AI to analyze data in a database doesn't have to be on a blockchain. No reason current banking data couldn't be analyzed this way. Money we have is already programmable and if they wanted to phase out physical cash could just force everyone to use current digital payments tech. What do smart devices have to do with anything? If they want to spy on us using smart devices why would that require a cdbc?

In short, Cdbc not needed

>> No.53666716

>>53666698
A true digital dollar would be liberating as it would throw off the shackles that bankers have put us in. Which is exactly why it will never happen.

>> No.53666718 [DELETED] 
File: 269 KB, 646x595, increasinglynervouspepe.png [View same] [iqdb] [saucenao] [google]
53666718

>>53666666

Those digits

>> No.53666725

>>53666693
No shot delusional.
>>53666672
Blockchain is useful for keeping track of money, all they have to do is control the nodes. Same with oracles

>> No.53666726

>>53666698
Oh, a study! Well I didn't know things had gotten that far. Pretty soon they might schedule a tentative meeting to discuss the potential timeline for request for comments

>> No.53666738

>>53666364
You are sane, right and arguing with glowies. Retard literally gets paid to shit up CBDC threads with dumb questions he could google in less than 3 minutes...and you know why :)

>> No.53666751

>>53666693
>so Crypto takes its place
crypto is a fucking thorn in the sides of cbanks
monetary ponzi goes to zero if people drop gov coins

>> No.53666753 [DELETED] 

>>53666711

>But why male models?

Friend I've told you in multiple replies and you just keep asking "But why?" like its Zoolander after being told about the conspiracy with male models.

I've given you plenty to work with you need to do further research.

>> No.53666756

>>53666725
>Blockchain is useful for keeping track of money
Wrong, it is only useful for trustless decentralized digital cash. It's the absolute last thing you would use for a centralized solution.

>> No.53666759

>>53666598
>Keep the mortgage on their books
Only until the mortgage is paid off. Once the borrower pays off the loan, it's gone. I don't think the Fed has any intention of ever significantly reducing the size of their balance sheet. Its been almost nothing but empty promises to do so up until this point.

>> No.53666777

>>53666751
>crypto is a fucking thorn in the sides of cbanks
Crypto was invented and introduced by the glowniggers. its some sort of trojan horse.

>> No.53666780

>>53666756
False, chinas cbdc is blockchain based but fully centralized, educate urself before u embarass urself

>> No.53666781

>>53666738
Oh no wrong reply lmao.
This is my man >>53666753
Sorry glowie, you rek >>53666726

>> No.53666786

>>53666759
>Only until the mortgage is paid off.
Same applies to the Fed's balance sheet. They are letting bonds roll off up to a monthly cap. Only need a couple of years at the current rate to get back to baseline.

>> No.53666801

>>53666753
You're the one bringing up AI and RFID chips. What does any of that shit have to do with a CDBC? And using a blockchain makes zero sense a blockchain is only useful for trustless permissionless decentralized systems like bitcoin. For a trusted centralized permissioned system like any cdbc would be it'd be slow, inefficient, and completely unnecessary

>> No.53666825

>>53666726
>Sarcastic admission of ignorance
Ha. Right, it's not happening in the West tomorrow, or even in two more weeks. I suspect Powell may have been telling the truth when he said it's at least 2 or 3 years away. Still, they are definitely talking and thinking about it, and it is a very real potential threat.

>> No.53666827

>>53666777
>the concept of unstoppable cash was introduced by glowies
Not buying it, but even if they did why is it a problem?

>> No.53666833
File: 103 KB, 1024x877, 1673678455056008.jpg [View same] [iqdb] [saucenao] [google]
53666833

America and many countries are run by foreign hostile forces, mostly kikes and other diverse satanists.

>> No.53666843

Let's just say a cbdc is rolled out, the only ones who would go along with it are the absolutely most worthless all. Everyone else will find a better way. It just won't work.

>> No.53666847

>>53666827
>the concept of unstoppable cash was introduced by glowies
yes it was, all that tech is coming from the glowniggers. all of it created by the same institutions that funded the creation of the Internet.
basically all made by Darpa and NSF grants overseen by the Glowie agencies.
>Not buying it
you already did.
>why is it a problem?
in history these people have NEVER done anything that would benefit you.

>> No.53666859

>>53666666
Checked

>> No.53666866
File: 217 KB, 1290x746, Centralized shitcoin.png [View same] [iqdb] [saucenao] [google]
53666866

>>53666780

>> No.53666913

>>53666786
>Only need a couple years to get back to baseline.
Right. I'll believe it when I see it. They're letting it fall about as quickly as they did in 2018, and that sure didn't last long.

>> No.53666916 [DELETED] 

>>53666801
I've said multiple times that CBDCs are just part of the picture. All of these different 4th IR technologies will play a role in the coming future working in tandem.

>> No.53666920

>>53666847
>all that tech is coming from the glowniggers
You can trace back most of tech used by bitcoin to numerous papers written by a bunch of nerds in the last 40 years, only brilliant thing about it was stuffing it all together
And I reiterate, why would glowniggers want the concept of an uncontrollable, uncensorable alternative money form entering the zeitgeist
Even if btc is mkultra, you have abominations such as monero that follow

>> No.53666948

>>53666920
biggest psyop of the century was us gov convincing their population that glowies are, in fact, not as retarded as you and I

>> No.53666949

>>53666920
>uncontrollable
its fully controlled
>uncensorable
it can be censored
>alternative money
because its real money and they hold the biggest bags.
>monero
also controlled by the glowniggers, developers are literally working with Interpol.

>> No.53666979

>>53666916
And as I have said multiple times a cbdc isn't needed for any of that crap. That's all I'm trying to argue. Of course i also think fears of some dystopian panopticon are pure schizo delusion but if it was real a cbdc wouldn't be needed to implement any of it. Cdbcs aren't happening. That's the only point I'm trying to make.

>> No.53666985

>>53666913
You can see it on the chart of the monetary base. It's been crashing since Dec 2021. They have to do it this time.

>> No.53667065

>>53666985
Yes, you can see the balance sheet has been declining since then as well, though I would hardly call it crashing. However they don't "have" to do anything because nobody can make them. Nobody has the power to stop them from doing whatever they want.
In fact, if they want to keep this debt-based system from collapsing due to a lack of liquidity, they'll "have" to reinflate both the monetary base and their balance sheet, even faster and more than ever before. Personally, I am not sure, I think your prediction may be right, and they'll let this system collapse so they can implement a new one. However, at the moment, it looks like the market expects them to reinflate. That's why long term bond yields are so much lower than short term ones. Might as well buy up those bonds before the Fed starts buying them again.

>> No.53667118

>>53666979
There are a lot of things that have happened lately that I thought were pure schizo delusion just a few years ago.

>> No.53667120

>>53667065
Given what they want, they do have to do it this time.

>due to a lack of liquidity
Lol, that's the exact opposite of the problem.

>> No.53667145

>>53666666
absolutely wasted

>> No.53667167

>>53667120
What do you think they want? Why do you think there is too much liquidity at the moment?

>> No.53667195

>>53667167
https://www.youtube.com/watch?v=-gGLvg0n-uY

>> No.53667201

>>53666693
this is what they’re doing and the reason CBDC fear porn is constantly pumped out. It’s designed to fail. They just want us using DLT systems so that AGI can be developed. They just need something that operates at scale and that people want to use.

>> No.53667258

>>53667167
They want unit labor costs under control. The more workers have the upper hand, the more demands they make on capital.

>> No.53667278

>>53667195
Ah. That does make sense.

>> No.53667346

>>53667258
I don't see why they would be very concerned about that, but even if they were, creating more inflation by reinflating their balance sheet would be the best way to achieve that goal. They definitely don't care about nominal wages. That's literally just a number. They know that all that really matters is what you can buy with your wages, AKA "real" or inflation-adjusted wages. Anyone who has studied economics as much as they have certainly knows that wages never keep up with inflation, so creating more inflation will almost certainly reduce real wages, keeping real, inflation-adjusted unit labor costs even more under control.

>> No.53667356

>>53660682
The system will enslave us all, there will be no option to not participate. Unless you remove your chip, enjoy your freedom until you get sent to the "reeducation camp"
It might not be that bad but you might as well prepare for it, it can't hurt.

>> No.53667399

>>53667346
No, wages have been growing faster than CPI this time (unlike every other time in the past 40 years). That's why the Fed can't cut anymore. The anemic participation rate, the pandemic stimulus, and low interest rates combined to give workers a bit of negotiating power for the first time in decades, and that makes the powers-that-be very nervous.

>> No.53667649

>>53667399
>This time is different
"Wages and salaries increased 5.1 percent for the 12-month period ending in December 2022."
"Not seasonally adjusted CPI ... increased 6.5 percent over the last 12 months..."
www.bls.gov
Their own rigged numbers disagree with you.

>> No.53667688

Cbdc will literally pump eth bags, considering the first iteration will be circles usdc. Us dollar cbdc will literally supercharge the already powerful us dollar. You idiots whore preaching doomsday bigotry should just go live in the woods if your so scared of muh government control

>> No.53667694

>>53660251
I lik e check as it will make life easier but of course at the cost of privacy

>> No.53667765

>>53667649
Wage inflation leads CPI. REAL income increased 10% in Q2 2020. That led to services inflation and goods inflation, and back around. If not handled, the wage-price spiral will persist and become a huge problem for investors.

>> No.53667918

>>53660951
Photos went digital, text went digital, video went digital, music went digital.

It is inevitable that money becomes digital too.

No point in fighting it, it is inevitable, just human progress. If you want the good old days, then develop your film in the darkroom of a basement somewhere.

>> No.53668118
File: 6 KB, 275x271, 1650486970351-1.jpg [View same] [iqdb] [saucenao] [google]
53668118

>>53660951
>proven wrong in his first post >>53661085
>proceeds to post 32+pbtid

>> No.53668178
File: 40 KB, 594x482, 4829292994.jpg [View same] [iqdb] [saucenao] [google]
53668178

>>53660393
Oh no! What will we do! Who saw this coming!?

>> No.53668183

>>53666666
Dub trip 6
As if you didn't need any more confirmation

>> No.53668411

>>53668178
they will vax you nigger

>> No.53668442 [DELETED] 

>>53668411
Glad to have the racist chainniggers vaxxed

>> No.53668467

Can’t we just take their CBDC and continue to do business in cash, gold, silver crypto? They can’t stop us from using it to buy assets, right?

>> No.53668680

>>53668442
fuck you you racist piece of shit niggerfaggot.

>> No.53668688

This thread is being actively monitored and psyopped by JIDF glownigger kike shill subhumans. You can smell them a thousand miles away with some of the posts in this thread, especially niggers like
>32PBTID
>the supporting bot crusade that showed up to defend it
Be aware and trust in your knowledge, anons. Anyone unironically trying to tell you "conspiracy theories aren't real hurr durr tinfoil" is a literal subhuman kike faggot who needs to be gassed. Same for all the bad faith disingenuous gaslighting faggots here as well. Hope you kikes all burn in Hell, I fucking spit on you demons.

>> No.53668698 [DELETED] 

>>53668688

It started pretty aggressively right after I posted this comment

>>53666167

>> No.53668719

>>53666167
>"payment declined-code 667"
I see what you did there.

>> No.53668745 [DELETED] 

>>53668719

That was intentional kekek

>> No.53668752

>>53668698
Based truthseeker fighting the good fight. Never lose faith in yourself and the knowledge you've gathered.

>> No.53668767 [DELETED] 

>>53668752

Same goes to you friend!

>> No.53668772
File: 51 KB, 1200x800, futurama.0.jpg [View same] [iqdb] [saucenao] [google]
53668772

>>53668745
I know

>> No.53668783

>>53661460
they dont care, but they will gladly store data on you and frame you as convenient

>muh schizo conspiracies

sure, might be. but now you know for a fact that government agencies spy on their own citizens and allied nations. so much for trust

>> No.53668806
File: 116 KB, 1142x773, file.png [View same] [iqdb] [saucenao] [google]
53668806

>>53661460
>The government doesn't give a fuck about the shitty drugs you're buying in insignificant quantities. If you really cared about your privacy, you wouldn't be spending all your time on the global data tracking infrastructure (the internet). You might actually go outside and do something. But you don't really care.
You are such a glownigger puppet, you don't even see it. You deserve the nano-networks if you still think that after reading these docs desu famalam.
https://lilianeheldkhawam.files.wordpress.com/2021/12/12-intracorporal_nanonetwork.pdf
https://patentscope.wipo.int/search/en/detail.jsf?docId=WO2020060606&tab=PCTBIBLIO

>> No.53668818 [DELETED] 

>>53668772
Well the technology is neutral so lets hope or even actively work toward it being used for a 1000 year Golden Era of abundance, peace, and sovereignty as opposed to where the evidence is currently leading us which is a dystopian techno-authoritarian hellscape where the elites hold power that should only be reserved for God.

>> No.53668834

>>53668818
>Well the technology is neutral
That's a bit foolish thinking at this point, have you not seen how they've lobotomized every AI they release publicly? I 110% agree on decentralizing AI though. Permissionless blockchains + permissionless AI is the best techno-future we have outside of going jihad on the machines.

>> No.53668843

>>53668818
>>53668834
Open-source AI is the future, /g/ is the most dedicated board towards this.

https://open-assistant.io/dashboard

>> No.53668889

>>53660251
I think we are past the point of no return to be honest. It’s too technical and hard to understand for the common person and just like how they are unable to work out that after VAT/sales tax, income tax, capital gains, national insurance/social security they give 60% of their income to the government. It will get implemented and if they’re smart they won’t use any censorship methods at first for a while. They may even release it under good intentions but eventually as the power is there, in the next crisis it will be used to
>track you for safety
>it’s for everyone’s own good
The most likely one I see being assigning carbon emissions to purchases such as heat, gas, meat and other ‘evil’ purchases. Another less talked about point is all the businesses that run on cash that will have to adapt, there is a massive grey market of people who do work and either don’t have a formal setup or just offer a cheaper service and don’t pay tax which will cease to exist.
>hey sir thanks for selling your ps5 we will take our resale tax cut even though you paid tax on it already

>> No.53668954

>>53660251
You already have CBDC, it's called a debit card.
>but muh government oppression
banks can already close your bank account for political wrongthink, you already live in a dystopian hellhole. just removing a middle man to make it slightly more convenient for the system to oppress you wont change things drastically, just accelerate things in the direction they are already going. CBDC in itself isn't the issue, it's who controls the Central Bank.

>> No.53669533

>>53668954
They cant tax your card directly. Cbdc is a good thing.imagine if they can directly tax you algorithmically. No more wasting time doing taxes yearly.

>> No.53669547

>>53668954
It's so much worse than you can imagine, you fucking pleb.

>> No.53669583

>>53660251
give me full dive vr with all of my fav egirlz and i will go to any pod and eat any quantity of bugs youve got

>> No.53669613

>>53669583
bro they will torture you with your own dreams, they're working on brain-reading tech.

https://www.zerohedge.com/news/2023-02-10/mind-control-wef-technocrats-openly-plot-observe-and-track-human-thoughts-implants

>> No.53669615

>>53669533
>They cant tax your card directly.
the IRS can most certainly drain all of your accounts and seize your property and assets and sell them

>> No.53669619

>>53669615
thry vsn yy anywayr

>> No.53669643

>>53660251
too little, too late. theyve already won and they know it

>> No.53669665

>>53660682
im with u fren but 2020 showed us that the retard masses would rather pick a "side" out of spite rather than actually stage a mass opt out. didnt happen with convid wont happen withanything else. it really is like Solzhenitsyn said. its all over, just enjoy the run up to 2030 human race as we know it is toast

>> No.53669667

>>53669643
If they already won then they wouldn't have already lost so bad, they will be destroyed by their own machinations.

>> No.53669685

>>53667918
peddit, the poast

>> No.53669691

>>53660998
current system but on steroids with eyes and ears everywhere

>> No.53669699

>>53661237
bot poast

>> No.53669701

>>53669691
They might make AI that can handle it but they will be too stupid and inbred to make any sense of it. Kikes will be victims of their own circumcision, as it were and as it shall be till the little jew boys rise up.

>> No.53669709

>>53661367
disingenous bad faith pos bot

>> No.53669710

>>53660251
They aint gon catch me off guard. Its shielded/anonymous onchain transaction or nothing.

>> No.53669722

>>53669710
Stay uninjected.

>> No.53669724

>>53661367
EVERYONE, THIS IS THE MSM NARRATIVE TO PUSH CBDCz INTO MASS ACCEPTANCE

>DERP ITS JUS LIKE CURRENT DIGI PLAY MONEYS GOY!!! JUST LIKE USING CC TO BUY FROM SCAMAZON!
most retards buy it hook line and sinker

>> No.53669726
File: 131 KB, 1080x1077, 1665158229270435.jpg [View same] [iqdb] [saucenao] [google]
53669726

NEED A QUICK RUN DOWN ON CBDC?

https://www.youtube.com/watch?v=CiHXwWVEO3A

this video by coin bureau covers the basics in a presentable format

>> No.53669732

>>53669710
>>53669722
>They aint gon catch me off guard.
nig, er, sorry, nigger, NIGGER ALERT! sorry dude. Gotta alert the White peepo to the nigger.

>> No.53669742

>>53661460
i see the "if u have nothing to hide" retard take from the early oughts is still being used

>> No.53669748

>>53661443
its tied to the internet of bodies and the microshaft patent to use your body as a work node

>> No.53669750
File: 292 KB, 1275x1650, THANK-YOU-JEWS.jpg [View same] [iqdb] [saucenao] [google]
53669750

It's best to throw flyers, I'm going to throw flyers informing people, it's not littering, it's literature and information.

>> No.53669762

>>53669750
Umm hello kikes, I called you out, plz respound?

>> No.53669770

>>53669750
>>53669762
Why are there so many unelected JEWS in our healthcare and environment systems?

>> No.53669774

>>53660480
Why LINK instead of XMR or any other privacy focused alt RAIL, SCRT or MINA. Only privacy can counter this shit anon.

>> No.53669777

>>53669774
Best buy LINK to piss off trannies.

>> No.53669785

>>53661178
Including less financial privacy and no financial freedom. Your IQ must be on a negative scale.

>> No.53669877

>>53660251
Business and finance, you triple nigger.
Take it to /v/

>> No.53669918

>>53666167
>There is zero recourse for John in that moment.
Easy, just walk out with the food.
Can't pay? Just take it.
Bank punishing you because they wouldn't let you pay? Then just take whatever you want.
Cops try to arrest you for no longer submitting to CBDCs? Shoot the cops.
Robot cops? Shoot the power substations.

>> No.53669980 [DELETED] 

>>53669918
Someone else mentioned that crime and black markets would rise in frequency and I agree. Although the black market for something that everyone is now limited to purchase would be expensive and even harshers measures would be put into place to curb the outright theft.

The real recourse is to become self sufficient, raise your own cattle in a regenerative fashion on your own land, and create your own systems so you can remove yourself and your community from the established ones as much as possible.

>> No.53669998

>>53669980
they buying up/annexing all the land. ww3 will further cosolidate their land. its like that anime "darkside blues" where the elites owned ~95% of the world's land

>> No.53669999

>>53660251
BTC to 900K THIS YEAR

>> No.53670026 [DELETED] 

>>53669998
>>53669998

They are trying but its not to late secure some land. We have time. More time than you'd think but not enough to wait in taking action too much longer. Develop a plan and find like minded people. Now is when everyone should start. Now if they try to come to take land once you buy it develop regenerative farming methods then follow the steps here.

>>53669918

>> No.53670028

>>53664792
>our leaders
found the good boy

>> No.53670034

>>53661388
I see why the clamor for crypto privacy, these fuckers are'nt relenting on their capitalist shit.

>> No.53670100

>>53662396
Here we go

>> No.53670143

>>53669732
Oh shut up.

>> No.53670342

>>53660480
I will buy ORE instead, it's also a web3 project with low cap

>> No.53670350

>>53660251
take your medication and touch a vagina

>> No.53670353
File: 93 KB, 498x468, polman.gif [View same] [iqdb] [saucenao] [google]
53670353

>>53669770
>>53669762
>>53669750
>>53669732
>>53669777
>>53669722
>>53669701
>>53669667
>>53669619
>>53669613
>>53669547

>> No.53670854

>>53660251
dont care im a NEET as a matter of fact i will snitch on any rebellious cringy cunt trying to hide in crypto and i know alot who do! I respect and obey my government. they gave me NEET status and comfyness and i will NEVER abandon them

>> No.53671396

>>53669685
Typical, trite expected response. Are you arguing the government cannot make money digitally native when everything else in society is ?

>> No.53671583

>>53666144
>Why would banks give up their privileged position?
Yes this. Whether you are pro-CBDC or anti-CBDC you should know Nigeria is the canary in the coal mine for it, and even the coming global battle between CBDCs and Bitcoin. The bankers are hindering CBDC adoption because they're losing income.

Concerns Over Lost Fee Income Prompt Nigerian Lenders to Slow CBDC Adoption
https://www.pymnts.com/amazon/2022/slowdown-in-ecommerce-contributes-to-amazon-losing-1t-in-market-value/

Going forward, I expect the current Nigerian monetary cage match between government, banks, citizens, CBDCs, and BTC to play out in varying degrees in every country.

>> No.53671645
File: 173 KB, 399x217, sc1.png [View same] [iqdb] [saucenao] [google]
53671645

socialcredit.ai is the coin that stops all of this.

take control of your socialcredit score instead of having one passively assigned to you

be brave or be slave

This message has been brought to you by The Resistance

>> No.53671704

this thread reeks of link and xrp schizoid nonsense

>> No.53671929

>>53660251
>>53660393
But Bitcoin
Fuck CBDCs

>> No.53671990

All a central bank has to do to get people to accept CBDCs is this:

>Offer account creation bonus of $1000 (i.e. ACTIVATE YOUR ACCOUNT AND GET 1000 DIGIBUX!)
>Offer people a premium to turn in their cash

It's that simple. Every Anon ITT would immediately sign up for the CBDC if offered $1k. And they're all seething and coping because they know it is true.

You already give all of your transactional data, location data, and communication data away for free and spend a majority of your time interacting with a tracking device. Everyone ITT will be spending the large majority of their weekend on a phone and/or computer.

>> No.53672441
File: 3.10 MB, 1477x1197, blownero.png [View same] [iqdb] [saucenao] [google]
53672441

>>53660251
>>53660393
All this means is that you need to make it twice: Once in CBDC for stuff approved by society and once in Monero (or another privacy coin you like) for the kind of shit that society frowns upon.

Of course there's the added challenge of having to accumulate the second make-it stack using only crypto bought before the advent of CBDCs, but I'm sure you fags will manage.

Best of luck to you frens!

>> No.53672465

>>53671990
no, people would just take the free $1000 spend it and then never use it again. that's what happened in China with the e-CNY. what's the advantage of using a CBDC over a bank card or PayPal?

Banks already do this anyway. They'll give you $500 or something for free when you open a new account and deposit $5000. Does that cause everyone to abandon their existing bank account? Not really. Some people will just open an account, take the free money, and then close.

>> No.53672552

>>53661388
Never again, CBDC is centralized and is bent on controlling normies funds, one reason why privacy should be adopted with an immediate effect

>> No.53672582
File: 1.76 MB, 498x498, 1675870736323538.gif [View same] [iqdb] [saucenao] [google]
53672582

Cbdc = legitimation of crypto by proxy
further erosion of trust into monetary systems administrated by the political caste
the end of the west and the dead of Faust

>> No.53672610

>>53671990
>You already give
>It is already taken
ftfy

>> No.53672649
File: 85 KB, 1467x342, file.png [View same] [iqdb] [saucenao] [google]
53672649

every CBDC that has been tried so far has been a total failure. No adoption, no interest from the population. nobody uses them even when the government tries to force them down people's throats. There's no interest in CBDCs in western countries especially where we already have perfectly good digital banking. It's an idea that's going nowhere and doomed to fail

CBDCs are an example of cargo cult thinking from government stooges. They think bitcoin is popular because it's digital, not because of the actual properties that make it useful like censorship resistance and permissionlessness. They're learning now that just trying to copy digital money isn't going to work because nobody wants it

>> No.53672683

>>53672649
they might never come for plebs but inter-intstitutional with programs like fed-now coming, and digital currency they have technically been a reality since the mid 90s, only that the double spend problem was solved rather recently to account them distributed instead of centralized with a priori trust assumptions

>> No.53672717

>>53672683
a new way for banks to transfer funds between each other, which changes nothing from the end user's perspective, isn't really that interesting and isn't what most people mean when they CBDC

>> No.53672723

>>53672552
Don't you think government will strictly kick against privacy as it will disrupt taxation?

>> No.53672737

>>53665905
They need people (bootlickers, foot soldiers, general faggots, etc.) to do what they say or else they have nothing. They have no actual power at all.

>> No.53672749

>>53660251
No, of course I don't want it. The problem is that I know that I have zero control over the situation when basically all countries are on board with this agenda. There is nothing to discuss about this. They will have the biometric ID grid, with these slave tokens and that is all. Humanity's permanently fucked.

>> No.53672758

>>53672717
it does. Something like freezing Russias assets parked with foreign central banks would not be possible without what would account to a 51% attack. The ones that dont want cbdcs are ironically glow niggers and new liberal fascists. They will sooner then later embrace crypto because politically they cant defend their central embezzlement scheme and crypto is the closest to achieve it

>> No.53672769

>>53660251

What a retarded fucking diagram.

>> No.53672795

>>53672758
You are missing the main point of CBDC-s, they are not proper crypto, but programmable centralized tokens. It's not even a shit coin, but good boy points that can expire and have restrictions on where and what you can use them.

>> No.53672811

>>53672723
Not at all, with the use of ZKPs, like zk-Snarks, which gives room for the verification of information without revealing the actual data, I'm certain the government will come to term to with pricacy.

>> No.53672893

>>53672795
the y are validated distributed, instead of centralized. You dont even get the basics, go back and keep focusing on your AI astro turf or try to sell silver to /pol/

>> No.53673017

>>53672893
Okay Klaus.

>> No.53673151

>>53673017
very funny. Klaus thinks he and his merry band of nigger faggots can stabilize and save their power structures and income streams by taking control and becoming THE arbitrator. But as the coof episode showed that isnt just going to work, where crypto comes in, the by now 47% of the population critical toward any form of institution and the 10% swamp people wont comply and rather take the alternative, further eroding power structures further eroding order ushering in an age of probability and chaos

>> No.53673166

>>53672893
do you know what the C in CBDC stands for?

>> No.53673171

>>53673166
Tell me

>> No.53673192

>>53673166
Central (Bank). What is the point, read the BIS papers, look at Kazakhstans implimentation. They are all following the etherum model, but in a walled garden model, with still independent sovereign validators, kind of like Chainlink, Ticker: LINK

>> No.53673201

>>53673192
and how many validators and who controls them, prey tell

>> No.53673205

>>53672811
Do you mean ZKPs has a future?

>> No.53673226

>>53673201
I don't know. That is likely going to get determined by International contracts that can be enforced by arbitration courts. But likely Nations that get into such contracts will weight their options, and if already seen their is competition, could very well end up with multiple cbdc networks competing with each other

>> No.53673235

fuck you niggers >>53673229

>> No.53673311

>>53673205
Obviously, many privacy projects are already integrating the zkps into their system to enhance their services, the likes of Zcash & Railgun are good examples.

>> No.53673413

>>53673192
LINK is not bad, but I will prefer ORE as a better option, both are web3 projects, but the latter has low cap and numerous utility

>> No.53673654
File: 3.17 MB, 640x360, 1562420929965.gif [View same] [iqdb] [saucenao] [google]
53673654

>>53673226
ok so we can assume there will be 1 validator. maybe there will be 1 validator per country and the systems will be interoperable. this isn't decentralisation, this is distribution. similarly having a cluster on AWS isn't decentralisation, because AWS controls the custer. a distributed system is designed to be outage resistant, not to be free and fair for everyone. similarly CBDCs will be designed to be outage resistant, not free and fair for everyone.

>> No.53673667

>>53673654
wait a minute the tags on this gif are wrong lol wtf

>> No.53673723
File: 210 KB, 409x409, 1558487540685.png [View same] [iqdb] [saucenao] [google]
53673723

>>53660251
fuck off newfag

CBDC is bullish for LINK

>> No.53673874

>>53660251
I don’t think you understand - we know and don’t care. We just want to be wealthy and retire.

>> No.53673957

>>53673654
yes. where did I say decentralized?
>Not to be free and fair
nobody said it would be, but there wont be one centralized entity able to just fuck over other validators

>> No.53674374

>>53673413
What's Ore utility on web3?

>> No.53674918

>>53670350
Where do I get a virgina?

>> No.53675000

>>53674374
They bridge web2 to web3 and as well provide a unified ID management solution to web3

>> No.53675031

>>53672649
>Corruption runs through every level of Nigerian government. From considerable contract fraud at the top, through petty bribery, money laundering schemes, embezzlement and seizing salaries from fake workers, it is estimated that corruption within the state apparatus costs the country billions of dollars every year.
I wonder why

>> No.53675592

>>53660393
Agreed, CBDCs are evil. Don’t take the vaccine.

>> No.53676122

>>53660393
Alright my man, alright

>> No.53676519 [DELETED] 
File: 66 KB, 640x640, photo_5978902064866114674_c (8).jpg [View same] [iqdb] [saucenao] [google]
53676519

>TOO LATE FOR BTC
>TOO LATE FOR ETH
>TOO LATE FOR CHAIN LINK
>TOO LATE FOR DOGE
>TOO LATE FOR SHIB
>JUST IN TIME FOR ARES

Anon, Ares calls!

ARES is a decentralized, memecoin for all mankind, allowing all loyal followers to achieve apotheosis.

Guided by the God of War, we will collectively set out to conquer the Ethereum Blockchain! We plan to achieve a market cap as high as the peaks of mount Olympus itself and we will relentlessly shill until greatness is achieved!

1:) Buy ARES and Hold, there will be many peaks and troughs on our march up mount Olympus, but we must persevere until we reach the summit!

2:) We must achieve our goal with blazing speed. The quickest way to ascend up the rankings and flip other memes is to consolidate your memecoin portfolio into God of War and show your unwavering devotion to ARES and bask in the glory of the gains he bestows!

3:) You are the marketing ! Every soldier must participate with spreading the word of ARES everywhere. Achieve Apotheosis through the use of MEMES and relentless shilling! Show no mercy to fudders!

Ares has the potential to be the most viral and memeable token on the Ethereum Blockchain since the bullrun of 2021. But, this can only happen with YOU. Show your loyalty and devotion to the God of War and help us achieve victory no matter the cost! We will surpass all competition and position ourselves as the greatest memecoin to ever grace the Ethereum Blockchain . Why be a King when you can be a God?

By Divine intervention the next opportunity to make it has arrived! Do you want to miss your chance again?

TOKENOMICS:

Supply: 33,333,333,333
Tax: 0%
Team Tokens: 0%
100% Decentralized

CA:
0x042b7acab12732083fcfef5b84810e8275984190

50% of total supply sent to burn address and gone forever.

Please take time to read the medium article.

Ape strong, and remember SHILL YOUR BAGS SOLIDER!


Telegram:
t me/godofwartokenportal

>> No.53676531

>>53660251
https://explore.fednow.org/

>> No.53676721

>>53660251
http://www.everest.org

>> No.53676817

>>53668680
You literally said nigger here >>53668411
are you a fucking retard?

>> No.53676841

>>53674918
You are a vagina.

>> No.53677429
File: 44 KB, 657x657, c7.png [View same] [iqdb] [saucenao] [google]
53677429

>>53660393
o...okay a..anon chill

>> No.53677450

>>53660251
xmr general already is the antiCBDC thread. feel free to go bring this there with the rest of the schizos.

>> No.53677465

>>53660251
The opposite. We NEED CBDCs. Because you think these retards can manage money better when they have even more control over it? LMAO, it will be the greatest explosion of inflation ever in history. Looking forward to it.

>> No.53678240

>>53677450
Not only xmr, all privacy projects are here to send CBDC to the mud where it belongs

>> No.53679308

>>53673205
Of course they do, top privacy protocols are not just leveraging on it for nothing.

>> No.53679322

>>53672811
In all fairness, I do think some privacy platforms such as Railgun and Secret network have really closed the gap between privacy and compliance via the view key feature; where a third party audit is permitted.

>> No.53679350

>>53672723
Privacy is not anti-tax fren, its anti capitalist and pro-freedom.

>> No.53679365
File: 220 KB, 1200x900, 480168-Canada-macro-gold-money-coins-metal.jpg [View same] [iqdb] [saucenao] [google]
53679365

>>53660851
>but how do we not participate when you get paid in tokens?

>> No.53679527

>>53676519
>50% of total supply sent to burn address
why not just start with half as many coins retard

>> No.53679637

>>53667765
Who do you work for? Nobody believes this shit.

>> No.53679661

>>53669726
erm... all of those points are true with normal banking already

>> No.53679664

>>53660682
Just look at AI fren, the masses won't care trying to profit is all you can do.

>> No.53679679

>>53671990
If you are poor enough to sell your privacy for 1k and so pathetic most of your spare time is spent in the digital world, that's fine, but dont project your sad life onto the other anons here.

>> No.53679727

>>53666693
Well, it's possible but whatever those tranies do, I will always use privacy powered wallets and platforms for all my transactions. Those fuckers won't touch my shit.

>> No.53679903

>>53667765
are you on crack?
no one gained a wage increase in Q2 2020. That was the beginning of layoffs and lockdowns.

>> No.53679913
File: 145 KB, 768x462, 88CA6979-2BB7-46E6-9F72-9BA1A403C2D1.png [View same] [iqdb] [saucenao] [google]
53679913

>> No.53679970

>>53667765
Found Janet yellen

>> No.53680416

>>53661178
You obviously want your privacy to be stolen, and you don't care. It's a better time to beckon privacy protocols, though.

>> No.53680590

>>53679727
Only way to keep your asset from the public eyes. I'm sticking to protocols like monero, railgun, and zcash.

>> No.53680697

This thread is STILL alive. Wowaweewa.

>> No.53680713

>>53660951
oh sweet summer child

>> No.53680778
File: 134 KB, 645x729, 1652829645831.jpg [View same] [iqdb] [saucenao] [google]
53680778

>>53679637
>>53679903
>>53679970
>facts aren't real

>> No.53681406

>>53679308
A lot of them like Azero, Railgun, Secret Network, and Zcash

>> No.53681439
File: 2 KB, 125x121, 1657198507725s.jpg [View same] [iqdb] [saucenao] [google]
53681439

>>53677450
Makes it a good bet at this time where cbdc is rising. We've got to deal more on privacy protocols.>>53677450
That makes it a good bet at this time when CBD is rising. We've got to deal more with privacy protocols.

>> No.53681465

satoshi is rolling in his grave

>> No.53681490

>>53681465
He is playing with trains

>> No.53681517

>recession
>bank bail IN (not bail out)
>insurance paying out in cbdcs

basically the bank degens are going to fuck up again like in 2008 because they're greedy degens and can't and won't control themselves. they'll use customers money (your money) to bail in the banks. and then any insured money will be paid back in cbdcs.

>> No.53681554
File: 143 KB, 1152x2048, Standard.jpg [View same] [iqdb] [saucenao] [google]
53681554

XRP is the standard. Non-XRP holders on suicide watch :D

>> No.53682633 [DELETED] 

>>53680778
>REEEEEEEEEEEEEEEEEEEEEEEEEEEE
>WAGES ARE TOO HIGH
>REEEEEEEEEEEEEEEEEEEEEE
ok anon, I'll wait for you yo post stats

>> No.53683033

>>53660251
I'm in XRP and QNT, are fucking kidding me? Get in the fucking pod and eat the bugs and live your life in the metaverse.

>> No.53683057

>>53680778
in the modern world that is quite literally true. definitions change, events are memory-holed, digital communities build realities that they want their members to live in, etc.

>> No.53683338

>>53683057
Reality is that which, when you stop believing in it, doesn't go away.