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Forum » Bank of Canada plans to move to digital currency
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Thread: Bank of Canada plans to move to digital currency

post 1672783383 12-13-2022, 02:21 PM
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#31
  1. yewotm8
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Our money is already fake lol. But it's 100% expected that they'd go for something like this with how evil they are.
post 1672785093 12-13-2022, 02:57 PM
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#32
  1. CanuckGame
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Just lmaooo at the smug american brahs ITT.

You will be next.

Im trying everything i can to get the fukk out of Canada. Its been very obvious these past 3 years that we are run by extremely corrupt people.
post 1672785843 12-13-2022, 03:11 PM
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#33
  1. HarryfromCali
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  1. HarryfromCali
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Originally Posted By CanuckGame⏩
Just lmaooo at the smug american brahs ITT.

You will be next.

Im trying everything i can to get the fukk out of Canada. Its been very obvious these past 3 years that we are run by extremely corrupt people.
That's the truth brah, they are already trialing it for the ***gots in NY
Sloots gonna sloot
RIP ZYZZ, Greg Plitt
Say no to lefty snowflakes crew
Meat-eating crew, leaf eaters GTFO
Pureblood Crew
post 1672787183 12-13-2022, 03:37 PM
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#34
  1. katya422
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Originally Posted By CanuckGame⏩
Just lmaooo at the smug american brahs ITT.

You will be next.

Im trying everything i can to get the fukk out of Canada. Its been very obvious these past 3 years that we are run by extremely corrupt people.
The US already has a pilot for a wholesale CBDC.




Article about how this could pave the way for a retail CBDC:
On the privacy side, retail CBDCs remove safeguards for consumer privacy by offering governments direct control over citizens’ bank accounts. For example, in China, Communist Party officials tout their CBDC network, the Digital Currency Electronic Payment (DECP) system, as a way to achieve greater financial control over citizens and enforce party discipline.

The significant economic and privacy risks associated with retail CBDCs might explain why over two-thirds of public comments in response to the Fed’s research paper on CBDCs are negative.

In contrast to the retail option, the Fed’s pilot program represents a version of the wholesale model. A wholesale CBDC would replace the dollars banks currently hold at the Federal Reserve, although consumers cannot directly access them. The wholesale model changes how banks interact with the Fed but not how consumers interact with money.

However, by piloting a wholesale model, the Fed is dangling a dangerous option for politicians to seize upon in the future.
https://thehill.com/opinion/finance/...retail-option/
INTP Crew
Inattentive ADD Crew
Mom That Miscs Crew
post 1672787373 12-13-2022, 03:40 PM
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#35
  1. BalognaNbeans
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Yeah we're all fooked, gonna have to hobomax with Ratfish
post 1672789123 12-13-2022, 04:14 PM
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#36
  1. Basedbaby
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Originally Posted By Anachron⏩
Just LOL @ beavercels srs
Don’t laugh to hard it’s only a matter of time till it comes here I say 5 years tops
post 1672789273 12-13-2022, 04:17 PM
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#37
  1. HarryfromCali
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Originally Posted By Basedbaby⏩
Don’t laugh to hard it’s only a matter of time till it comes here I say 5 years tops
It'll be any time before 2030, that's when they plan to implement all the aspects of the Great Reset/Agenda 21... people keep thinking it's a conspiracy theory
Sloots gonna sloot
RIP ZYZZ, Greg Plitt
Say no to lefty snowflakes crew
Meat-eating crew, leaf eaters GTFO
Pureblood Crew
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