With the current system, they can't completely block people from using cash to access food and services. They would need to kill the cash based system to have complete monetary control.
I realize the blockchain is just a database. And they don't necessarily have a scarcity limit. But it is also more secure to hacking and destruction of data. If things start turning into a totalitarian nightmare which is how it's looking. They want to make sure their "system" is immune to small groups of rebels who are fighting for freedom.
This isn't just about "what they're tracking" now. This is about their 'mark of the beast' system where only those who obey their every demand will be able to participate in their system. They want to turn everyone into nothing but slaves. To destroy our wealth by the "great reset". To reduce the global population because automation rendered most of us unnecessary and we do nothing but consume valuable resources.
If you can't see how things are going, that's on you. But don't give us freedom fighters shit for trying to awaken the people before it's too late.
Oh fuck off. All of that is already in place. I built a ton of it my self. I am happy to build more of it. Stopping cash is as trivial as implementing mandated vaccines.
The only reason the switch has not been pulled is because they all know they only need to wait two generations for the old guard to die off and people will demand for the technology to be implemented.
I have no problems with people trying to educate people. I have problems with bullshit claims that misinform and misdirect. Making bullshit claims that blockchain was built by bankers to control is not only wrong it's stupid and completely fucking useless.
There are many techniques you guys could be using to help educate and train people, lying to them SHOULD NOT be one of them.
tis true. the younger gens are deathly afraid of cash. I used cash the other day and the young fool could not make change if a gun was at their temple. "They" don't even push expensive purses on woman anymore because they want them to clutch their phones 24/7 and not have anywhere to put change.
I think you've misunderstood what crypto currency represents. It gives the government LESS control, it's more akin to digital cash.
There are government backed digital currencies coming that will give them the control you are talking about, but that is why no one will use them. The future is decentralized and it is crypto, there is no way of putting the cat back in the bag without extreme totalitarian measures.
The future is "decentralized" is a marketing ploy. Already now, the majority of mining power is in large scale operations and pools used for control. Small miners operate at losses or will be operating at losses in the near future. It is designed that way. Thats also the reason for the supply shock of halvings every 4 years. To squeeze small players out of the market.
Crypto mining already uses nearly 1% of global electricity. Think about that for a moment. We're not even at the point that we're using it yet and it's consuming that much power. Think about how world governments are pushing "global warming" and "clean energy". They want to control who has access to the energy needed to control the network.
Literally everything about crypto, with the exception of the current "deflationary" nature, which can be changed at any time with miner support, screams control. This coming from someone involved in crypto for nearly 10 years.
My position is not that the technology is perfect, but that digital currency transactions will be very difficult to block, monitor, censor and tax. It's not going to be superior to cash transactions for anonymity, but the world economy has evolved past the point where cash transactions are practical. By all metrics I can see, even if there is concentration of mining power for certain coins in large scale operations and pools, crypto currency is superior to using the current banking system and government fiat money precisely because they have much less control.
They can't block a transaction or freeze an account, they don't intrinsically know which account belongs to who, and they can't inflate away it's value.
Thats the thing with people born after 2000. You say something they don't Ike and they can't help but to lash out with indignant fucks mixed in with a 4th graders thesaurus
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