cbdc the future currency?

https://www.ecb.europa.eu/press/key/date/2023/html/ecb.sp230123~2f8271ed76.en.html

judging from the progress and planning, i personally perdict issuing of cbdc's will be recognized world wide by 2025

Digital currency is the end of freedom and the rise of all out tyranny. I cant believe anyone would embrace such stupidity. My opinion of course. 

This is a red herring. Almost all money transfers are already electronic.

Getting rid of paper means nothing, they can print the paper and they can += an integer in a computer almost as easily.

What this is meant to do is distract from cryptocurrencies which the deep state can't control or inflate.

I have hidden cash that no one knows about. You get rid of dash there is no way to conduct any kind of transaction without asking permission from the govt. End of story. Every dollar you spend will be  monitored and recorded. You start to think wrong, and poof your money is gone just like that. How can any thinking person not see this. I know "that will never happen."

People who are for digital currency have clearly never tried to withdrawal a large sum of cash from the bank even with advance notice Cash that is yours, cash that you have already paid taxes on, its your fucking money. Nothing but 20 questions. Its none of your damn business what I spend my money on. I earned it  its mine and the banks and govt can suck my dick and fuck off. I of course lie.

No, not end of story. There are cryptocurrencies like bitcoin that the government can track, but cannot steal nor inhibit. There are even better cryptocurrencies that the government cannot track, steal, or inhibit.

Your pieces of paper on the other hand, they have these printers. If they can't find any other way to get it from you they can make it worthless.

oh yeah, they are updating the 100$ bill in u.s. im not sure if its done yet or not.

We definitely have interesting times coming our way. A lot of economists predict a full blown depression when every bubble pops. It’s probably time to start buying physical metals or something like that 😕

All together now. "The govt will never be able to control digital currency"

Those who support ending cash and implementing digital currency deserve the future they will get. That is all.

Digital currency would be taxed just like regular currency. It would make little to no difference to the government.

The fact that people think that changing currency will fix their economy is nonsense.

Currency is not the desired product, but a means of exchange. It makes no difference to you if you buy your phone with gold, dollar or bitcoin.

Further, the government can tax you in many ways, including to make you pay in digital currency.

In theory that is correct but it is to simplified. Any form of transaction currency that is 100% subject to digital storage can be erased with the click of a button. My hidden cash can never be erased so long as cash is accepted as payment. The govt can not track anything I buy with cash. People don't seem to get that digital currency will be used as a weapon against the people. Comply or lose all your money and be prohibited from buying anything in the future. I know "that would never happen"

Yep

Not if they don't know what you have.

Crypto cannot be destroyed except by destroying the whole system. We must never let the government have that level of control over every computer.

Hmmmmm.

There's government and then there's the faceless autonomy of material progress.

And then there's human beings and their money thing.

I would suggest turning you stash of paper into gold Mr S.

I finally understand a point from you, and it's right.

Crypto is better because it can't be stolen, but gold can't be devalued. Worst comes to worst you can go hide in India, Africa, South America, Indochina... ok well they seem to like gold just about anywhere. I'm saying it will buy you a hot meal so long as there are hot meals to be had.

Gold will be worthless to me either way, you cant spend it. It must be converted to whatever currency is being used. Oh sure you will be able to find a few people that will bother with it under the table but it wont be enough.