honestinjun

The skeleton smiled and said, "Hi, I'm @James32. I've lost some weight of late as I've put all my energies into gathering gold instead of food. You my friend, are very foolish. If you want to keep hold of your gold, then you'll have to hide it better than this."

"Our favourite holding period is forever.
Warren Bufett

CBDC is just another kind of data ledger system, but with some potentially ugly strings attached:  instead of your local bank keeping track of your transactions, all that data will go to the Bank of England.  They will become the central clearing house for all non-cash financial transactions -- and the big banks are loving it!  
The issue is privacy. Right now, only the HRMC and police have the power to examine your personal financial history, but only in the context of a criminal investigation or tax law violation (at least it used to be).  But with CBDC, your entire financial history is just setting out there for anyone in govt. to peruse without legal safeguards (like a court order).  And you just know its all gonna end up in the hands of some third-party data broker.
No, the govt. is not going to force you to use CBDC ... they won't have to.
But the big banks and big corporations most definitely will.  And big media will be out there selling it to young & dumb 20-30 somethings who can't take a dump without clicking some app on their precious SmartPhones!  These Tesla-driving-soy-boy-mask-Karens will be the early adopters of CBDC, singing its praises as the greatest thing since Pop Tarts ... just as they all lined up to get their clot-shots while threatening internment for those who didn't.
Here's how I think this thing will play out:
1.  The pre-rollout sales pitch by big media.
2.  Focus group studies to identify pockets of stubborn non-conformity and how to deal with them.
3.  Instil a false sense of security by telling people they'll still be able to use cards, cash, checks, etc. 
4. Major retailers will proclaim their support.
5. Full rollout & activation.
After a few years, expect to see fewer and fewer venues accepting cash payment or limit cash transactions to a single automated checkout lane.  The UK will move towards CBDC by social pressure, not govt. force.

CBDC is just another kind of data ledger system, but with some potentially ugly strings attached:  instead of your local bank keeping track of your transactions, all that data will go to the Bank of England.  They will become the central clearing house for all non-cash financial transactions -- and the big banks are loving it!  
The issue is privacy. Right now, only the HRMC and police have the power to examine your personal financial history, but only in the context of a criminal investigation or tax law violation (at least it used to be).  But with CBDC, your entire financial history is just setting out there for anyone in govt. to peruse without legal safeguards (like a court order).  And you just know its all gonna end up in the hands of some third-party data broker.
No, the govt. is not going to force you to use CBDC ... they won't have to.
But the big banks and big corporations most definitely will.  And big media will be out there selling it to young & dumb 20-30 somethings who can't take a dump without clicking some app on their precious SmartPhones!  These Tesla-driving-soy-boy-mask-Karens will be the early adopters of CBDC, singing its praises as the greatest thing since Pop Tarts ... just as they all lined up to get their clot-shots while threatening internment for those who didn't.
Here's how I think this thing will play out:
1.  The pre-rollout sales pitch by big media.
2.  Focus group studies to identify pockets of stubborn non-conformity and how to deal with them.
3.  Instil a false sense of security by telling people they'll still be able to use cards, cash, checks, etc. 
4. Major retailers will proclaim their support.
5. Full rollout & activation.
After a few years, expect to see fewer and fewer venues accepting cash payment or limit cash transactions to a single automated checkout lane.  The UK will move towards CBDC by social pressure, not govt. force.

It will last as long as they can keep creating currency from nothing but promises and digital entries into their fake accounting system which is about as transparent as a Boris Johnson tax return. 

CBDC is just another kind of data ledger system, but with some potentially ugly strings attached:  instead of your local bank keeping track of your transactions, all that data will go to the Bank of England.  They will become the central clearing house for all non-cash financial transactions -- and the big banks are loving it!  
The issue is privacy. Right now, only the HRMC and police have the power to examine your personal financial history, but only in the context of a criminal investigation or tax law violation (at least it used to be).  But with CBDC, your entire financial history is just setting out there for anyone in govt. to peruse without legal safeguards (like a court order).  And you just know its all gonna end up in the hands of some third-party data broker.
No, the govt. is not going to force you to use CBDC ... they won't have to.
But the big banks and big corporations most definitely will.  And big media will be out there selling it to young & dumb 20-30 somethings who can't take a dump without clicking some app on their precious SmartPhones!  These Tesla-driving-soy-boy-mask-Karens will be the early adopters of CBDC, singing its praises as the greatest thing since Pop Tarts ... just as they all lined up to get their clot-shots while threatening internment for those who didn't.
Here's how I think this thing will play out:
1.  The pre-rollout sales pitch by big media.
2.  Focus group studies to identify pockets of stubborn non-conformity and how to deal with them.
3.  Instil a false sense of security by telling people they'll still be able to use cards, cash, checks, etc. 
4. Major retailers will proclaim their support.
5. Full rollout & activation.
After a few years, expect to see fewer and fewer venues accepting cash payment or limit cash transactions to a single automated checkout lane.  The UK will move towards CBDC by social pressure, not govt. force.

CBDC is just another kind of data ledger system, but with some potentially ugly strings attached:  instead of your local bank keeping track of your transactions, all that data will go to the Bank of England.  They will become the central clearing house for all non-cash financial transactions -- and the big banks are loving it!  
The issue is privacy. Right now, only the HRMC and police have the power to examine your personal financial history, but only in the context of a criminal investigation or tax law violation (at least it used to be).  But with CBDC, your entire financial history is just setting out there for anyone in govt. to peruse without legal safeguards (like a court order).  And you just know its all gonna end up in the hands of some third-party data broker.
No, the govt. is not going to force you to use CBDC ... they won't have to.
But the big banks and big corporations most definitely will.  And big media will be out there selling it to young & dumb 20-30 somethings who can't take a dump without clicking some app on their precious SmartPhones!  These Tesla-driving-soy-boy-mask-Karens will be the early adopters of CBDC, singing its praises as the greatest thing since Pop Tarts ... just as they all lined up to get their clot-shots while threatening internment for those who didn't.
Here's how I think this thing will play out:
1.  The pre-rollout sales pitch by big media.
2.  Focus group studies to identify pockets of stubborn non-conformity and how to deal with them.
3.  Instil a false sense of security by telling people they'll still be able to use cards, cash, checks, etc. 
4. Major retailers will proclaim their support.
5. Full rollout & activation.
After a few years, expect to see fewer and fewer venues accepting cash payment or limit cash transactions to a single automated checkout lane.  The UK will move towards CBDC by social pressure, not govt. force.

"Bankers bonuses: NatWest reveals profits to £5.1bn last year"
Criminals of the highest order.

"Bankers bonuses: NatWest reveals profits to £5.1bn last year"
Criminals of the highest order.

Let me translate this into non-satanic language, it means your digital pounds will have an expiry date, and can only be used for what they allow you to use them for. In other words, it's worthless scrip, not money.
Watch the zombies and sheeple walk into this eyes wide shut.
Keep stacking and hold till you die.
Injun.

Let me translate this into non-satanic language, it means your digital pounds will have an expiry date, and can only be used for what they allow you to use them for. In other words, it's worthless scrip, not money.
Watch the zombies and sheeple walk into this eyes wide shut.
Keep stacking and hold till you die.
Injun.

Wish i was rich enough for that to be a big concern. 

My 1879 Liberty Double Eagle - Philadelphia Mint - 207,600 produced.
I am often in awe looking at this gold time machine. A true survivor.
 
 

My 1879 Liberty Double Eagle - Philadelphia Mint - 207,600 produced.
I am often in awe looking at this gold time machine. A true survivor.
 
 

My 1879 Liberty Double Eagle - Philadelphia Mint - 207,600 produced.
I am often in awe looking at this gold time machine. A true survivor.
 
 

My 1879 Liberty Double Eagle - Philadelphia Mint - 207,600 produced.
I am often in awe looking at this gold time machine. A true survivor.
 
 

My 1879 Liberty Double Eagle - Philadelphia Mint - 207,600 produced.
I am often in awe looking at this gold time machine. A true survivor.
 
 

My 1879 Liberty Double Eagle - Philadelphia Mint - 207,600 produced.
I am often in awe looking at this gold time machine. A true survivor.
 
 

My 1879 Liberty Double Eagle - Philadelphia Mint - 207,600 produced.
I am often in awe looking at this gold time machine. A true survivor.
 
 

The Fed came into being in 1913. What cost 2 cents then, now cost a dollar. An ounce of gold cost $20.63. An oz of gold now costs $1800. As the 'mercans say 'go figure'.

I believe the devaluation of the USD since 1913 is around 96%....or possibly even more..

The Fed came into being in 1913. What cost 2 cents then, now cost a dollar. An ounce of gold cost $20.63. An oz of gold now costs $1800. As the 'mercans say 'go figure'.

Now I understand why gold flows from the West to East !  🤣
 

Why do people have to make this more complicated than it is? Over the last 30 years the price of gold has risen 1400%. In the last 50 years, the dollar has lost 85% of its value - not rocket science!
 

Of course, now or even come the digital apocalypse, you won't be able to exchange a gold sovereign for a trolley full of groceries in Tesco. Why would you even try?
But not too far away an intermediary will want your gold and you will simply exchange a small portion for the current mode of currency, exactly what we do now - that's how it has been for thousands of years - the allure of the yellow metal will not go away just because we might have some digital dystopian system forced upon us.
Beware the naysayers that say your precious gold will be worthless - they are either jealous or are indeed themselves the temple moneychangers in disguise.
Remember that we are not just dealing with a physical entity here; gold has magical properties beyond its fiscal worth, that is why we are drawn to it, that is why it is coveted.
Keep the faith and keep the gold. Keep stacking and hold till the end!!!