Student indoctrination: CBDC - get hyped! - Printable Version +- Deny Ignorance (https://denyignorance.com) +-- Forum: Main Forums (https://denyignorance.com/Forum-Main-Forums) +--- Forum: New World Order (https://denyignorance.com/Forum-New-World-Order) +--- Thread: Student indoctrination: CBDC - get hyped! (/Thread-Student-indoctrination-CBDC-get-hyped) Pages:
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RE: Student indoctrination: CBDC - get hyped! - FlyersFan - 03-06-2024 Digital currency stuff scares me. I don't understand it at all. RE: Student indoctrination: CBDC - get hyped! - quintessentone - 03-06-2024 (03-06-2024, 12:07 PM)FlyersFan Wrote: Digital currency stuff scares me. I really don't either but it's rising, that's what I want to hear if I am an investor. RE: Student indoctrination: CBDC - get hyped! - Byrd - 03-06-2024 (03-06-2024, 05:54 AM)quintessentone Wrote: Well my government allows money to be given as a gift to others, I would hope your government does the same. Yes, our government allows money to be given as a gift to others. Cryptocurrency...bothers me simply because it's not really backed by anything. There's a zillion types of these currencies and its worth isn't linked to anything material (as far as I can tell.) It's like NFT's. There's no physical thing that I can swap for something. I've got some old German pfennigs (pennies) around here somewhere that I could sell for, say, a dollar to a kid or anyone else who wants a "neat old coin." It will always have some sort of value as a physical object. However, the digital-only artwork that I do will go away forever if my computer crashes and I don't have a backup or a physical print out. And artwork that I did on computers in the early 1980's (when the tech was pretty primitive) is basically gone. The "drawn on paper" stuff is still around, however. I'm comfortable with the bank currencies and credit cards mainly because the entire world agrees that there's value in these transactions (the same reason that we accept some types of pieces of paper (for example, that $50 dollar bill) as being valuable.) But the entire world doesn't agree that these cryptocurrencies have value (the Dollar Store won't take DogeCoins and currency exchanges that change money from one country's currency to another country's currency won't take them, either) Hence, I don't really trust them. RE: Student indoctrination: CBDC - get hyped! - Maxmars - 03-06-2024 (03-06-2024, 12:20 PM)Byrd Wrote: Yes, our government allows money to be given as a gift to others. Not to diminish your salient point. But as of this moment... no money is backed up by anything. There is a paper show... but the bank conspired to virtualize ALL its' currencies. CBDC simply "mimics" reality. Virtual currency, meet virtual currency. RE: Student indoctrination: CBDC - get hyped! - Byrd - 03-06-2024 (03-06-2024, 01:10 PM)Maxmars Wrote: Not to diminish your salient point. But as of this moment... no money is backed up by anything. I didn't want to get into it but actually all money is not really backed up by anything. We think gold is valuable simply because we're told it's valuable... but many societies didn't value it that highly (in Egypt, for example, silver was often seen as more valuable than gold because silver was the bones of the gods - https://www.metmuseum.org/toah/hd/silv/hd_silv.htm#:~:text=Because%20of%20its%20pale%20color%2C%20the%20Egyptians%20associated%20silver%20with,coupled%20with%20their%20golden%20flesh).) So... money has value because the global society decides it has value. National gold bank notes WERE currency but are now just pretty pieces of paper https://en.wikipedia.org/wiki/National_Gold_Bank_Note In parts of Papua New Guinea, shells are still used as currency: https://en.wikipedia.org/wiki/Shell_money (and here we go down the rabbit hole!!) RE: Student indoctrination: CBDC - get hyped! - glen200376 - 03-09-2024 (02-16-2024, 12:44 PM)Byrd Wrote: I think it's kind of overblown.Are you Justin Castro?Don't worry about it,it's fine. Complicit or compliant? RE: Student indoctrination: CBDC - get hyped! - Meta Michael - 05-21-2024 (02-16-2024, 12:44 PM)Byrd Wrote: I think it's kind of overblown. It's nothing to do with tracking - it's that they can shut you down faster & more completely with CBDCs than they can currently. CBDCs will enable total, unassailable control over the ability to transact, anywhere at any time, and if they decide to unperson you, the act will take a mere click of a button & everything will be shut down, instantly. |