Those mother WEFers are salivating, chomping at the bit, to finally get their Central Bank Digital Currencies. They want that control. They can almost taste it.
And without crypto currencies existing, i would be terrified right now.
There is just one big question, "How is this all going to go down?"
First, humans will always find something to use as money.
Even in prison, something gets used as money.
In the hood, big bottles of Tide, serve as a stand in for a $20. (prices may have changed)
So, even if the banks all start using CBDCs and nothing else, humans will find a way to trade, with or without it.
The banksters are in quite a conundrum that they don't even know about.
Most of the plans i see are UBI as the carrot, and you can't buy anything as the stick.
Unfortunately for them, there are big problems here.
Not everyone is enticed by UBI. And most of the actual producers of the world, will probably not qualify, or in some way, get excluded.
And a lot of people already do not trust the govern-cement or the banks.
A plan to force these people into using a CBDC are not going to work very well.
What happens when True-DO turns off all the protesters' CBDC cards?
Not just one or two, but a whole swath of people? Then people start looking for something else, anything else.
The mother WEFers need to play things slow and cool, while getting everyone into their new system. But, do they have time? It looks to me like they are rushing. And this is not a thing where you can get some people in and then slam the door. You need to have a large percentage, an overwhelming percentage. And then deal with the stragglers.
I just don't see how they are going to do it.
They will get half of the population (the blue cities) easily, but the other half will drag their heels (the red states).
The correct plan would be to sit back and wait for a decade, and then phase out the dollars.
But it looks like they are going to crash the dollar/world economy trying in some Hail Mary pass to get everyone moved into CBDCs.
The moment the banks start forcing CBDCs then all the red states will pass laws that you can use gold & silver (some will make bitcoin legal tender)
People who sell elicit chemicals (you know, the Cocaine Import Agency) will need a non-monitored way to get payment. And this highly motivated group of people will find a way.
Black markets may become the actual market. And again, those involved will find a way to work out payment.
Of course, barter will be the thing in small communities.
But the biggy will be bitcoin/crypto. Once people see how easy it is to send and receive, it will be all over.
It is so easy to imagine a split.
Blue cities, who's constituents want UBI and socialism might readily accept CBDCs
Red states, who's constituents want nothing to do with CBDCs. Gold, Silver, Bitcoin, Lead, Food are what they want.
Thus you have two groups that might not trade with each other, because they are not able to. No convertability of "money".
People will find a way to exchange currencies, but i am imagining the people behind the CBDCs making it extremely hard. Like, you can't have a big pile of CBDCs sitting in your account... because you should never have a huge amount of CBDCs. And worse things like "This is not an authorized transaction"
I am sure some people will find a way. Corruption has to be built into CBDCs... but will the small black marketeer be able to use them?
So, if there doesn't become a way to exchange monies, than we could really see a split in America.
It is so easy to see Portland, Seattle and San Fran cheering about their new CBDCs, and how the rest of the country is so backwards... and the rest of the country saying how stupid those cities are.
But, all the grain is grown in the middle of the country, so those cities are going to have to work out how to trade.
Maybe the blue cities will stand on their moral indignation, and starve.
Anyway, looks like things are going to be interesting, and terrifying.
