It would help if someone explained to the voting public, just how a CBDC might work and why it is a threat to their freedom. I sort of understand, but I’m sure a vast number of voters have no clue at all.
Explain CBDC???
Your EVERY move/purchase will be tracked.
How’s that?
Once a CBDC is instituted, you have lost control of your money.
The government can make it disappear in a nanosecond. They have you under complete control.
You cannot ‘buy’ or ‘sell’ without the government’s knowledge AND approval.
Every transaction is monitored and logged for future reference.
You will have no ‘cash’ with which to buy anything.
Illicit drug deals will no longer be possible.
Armed Robberies and muggings will no longer be possible, at least for money.
Your entire life will be an ‘open book’ as far as the things you ‘buy’.
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When I was a teenager, circa 1968-1973, I read a sci-fi novel where a guy that had a certain skillset was approached by the ‘government’ to recruit him to do a job. He refused. They made all his ‘credits’ disappear from his bank account. He watched as the numbers on his watch slowly ticked down to zero. He couldn’t even buy a stick of gum, pay his rent or purchase a meal. He had to do their bidding....................
It’s like the govt logging into your online bank acct, reviewing your past and pending purchases, approving some, denying others. And deducting any amount from your account they see fit.
Use the freezing of the bank accounts of Canadian truckers. Or what Give Send Go tried to do.
Or the debanking/demonetizing activities that have gone on the last 5 or 6 years.
For the Left--ask them what they think if Trump had that power.
“It would help if someone explained to the voting public, just how a CBDC might work and why it is a threat to their freedom.”
You will only be allowed to buy bugs, and bullets will be a new currency.