If tomorrow the law is passed that paper money has no value... well, you can have all the money in the world, it won't do you any good. It's really just paper. The only option is expensive metals or unregulated crypto-currencies that are not subject to censorship. And I think the only real solution to do anything without the government's knowledge is black cryptocurrencies, like monero or others that won't obey the regulations.
😂😂 f fiat money. Its losing purchasing power. Bitcoin thats real freedom and selfcustody. No banks. No government can control it. It cannot be printed like they do everyday with cash. Thats why you have this inflations and lose purchasing power. Bitcoin is deflationary. You gain more puchasing power. Wait october 2025. Btc wil have doubled it worth. Wait 8 years and btc will have a worth of 1milion per btc. 🎉🎉🎉
"You will still be able to use cash". Once half population starts using cbdc wallets, because it IS more convenient, cash will be deemed obsolete, and not so far behind will come all the limits and controls.
Greece, Spain, Italy and France were wonderful when they had their own currencies prices were cheap.. a concerted effort has been made to usurp these great nations currencies. The digital Euro is coming to ensure these great nations don't go back to their REAL currencies when the Euro collapses.
Any centralised body of power is a disaster and a danger to the public. The more powerful, the more dangerous. This is how all these bodies, or mobs as I call them, were able to gain so much control we are now heading towards a no less than dystopian future.
why would the ECB want the Digital Euro if there's a risk to the banks? because the banks go, there's a bail in, stripping normal ppl of their assets, and government get outs, and hyper inflation leading to higher CBDC adoption
Was thinking the same. They highlight it as a risk (and it's a big one) but still push forward. Bail in. Debt call ups. Foreclosures. Own nothing. But it's ok - here's your 3k allowance...
4:05 the "right to use cash" is *_not_* enough! That proposal should also include a clause that *_forbids_* to *_"discriminate"_* against ("disincentivise") the use of cash.
Indeed no use of the rights of cash if the transaction window is closed..The state should step in w legislation. In a really free market cash will cost banks money. Hands off and they will close the entrance point. There is no money to be made from physical cash. That traditional path has narrowed over the last few decades..
Freedoms are at stake here in the USA and globally. Americans need to speak up and voice the need for digital, medical, and financial freedoms. Personal privacy is at stake.
To be fair - Nigerians use cash for approximately 3 out of every 4 transactions (~75%) while those in the EU on average use cash for 1 out of every 2 transactions (~50%)... so the EU seems like an easier target, but still not a walk in the park easy
If the crowdstrike event is a lesson to learn from, CBDC can only exist with physical cash. Without that, all nations going cashless is vulnerable to that style of attack.
They need a digital euro to ensure net zero with social /carbon credits. How else will they reach the target, no one will do it willingly? The normal euro was designed to fail to force full federallization how else would they complete the project no one will do it willingly
Never mind Germany. This is an EU/US streamlined harmonized digitalized system in place since 2014. And your assets are in digitized format w a number in a ledger that is not the nr on yr paper contract/deed. And tied to the ( central) banks AND the market which include stocks, bonds and...wait for it...DERIVATIVES!. In case of insolvency 'secured creditors' are first in line f asset stripping. You, the person that thinks he or she 'owns' the asset is last in line. You never 'bought' the asset, you are allowed to 'hold' it. Never mind yr piece of paper. Not accepted. Only the digital format w the 2014 terms and conditions attached to it. Nice, huh!🤨
Given the recent outage with CrowdStrike, I think we can convince more people in the public to boycott an all-digital currency. It would be nice to avoid a CBDC altogether but I don't know how realistic that will be. Hopefully we can avoid it.
@@YannMackBoycott all digital tokens. BTC was the Trojan Horse. One only has to observe the symbolism on the CGI of the 'gold coin' and the no.s 666 is never a good sign. Don't need to be religious to know that 😂
Wealth. Fame. Power. The man who had everything in this world... The Pirate King, Gold Roger. The great Warning he left behind: "CBDC" has opened the curtain on a grand era! It is a time when eager pirates set sail, battle, trade tax free on DeFi and become great! The Great Age of Pirates! Words he spoke drove countless men out to stop paying taxes and live free. And so men set sights on the Grand Bullrun, in pursuit of their dreams. The world has truly entered a Great Pirate Era!
Vote to exit EU. The EU is turning into a modern version of the Soviet Union, just that it is even worse. And before anyone dares to call me pro-Russian - I was pro-EU not so long ago, but the corrupt leadership made me dislike the EU to the point that I will vote any time to leave the EU.
@@LjutaPtica votes arent real unfortunately and people must REALLY be ALL at once out protesting or they will always turn millions of protesters into 20,000 in the TV. they will always find way to be delusional and just do their way. the only way to get out of this is to stop complying to your own slavery and live on the other side of the law. no more taxes, no more regulations.
Unfortunately they are all developing different versions of the same thing or even worse systems. The rest of the world will be the same unless we unite in time to stop them. We must share this information quickly, with as many people as possible. The time is short, could be a month or a bit more now. We must also resist digital surveillance and social credit systems and digital currencies. And then unite against those in power to replace them and set our own rules and systems in place. Being informed and united is key. And we can't be soft about it. @@LjutaPtica
US Government is behind, but not the BlackRock. Just wait till Dollar starts collapsing in the next few years and US corporations will start gaining more power..
Yes. Read The Great Taking by David Roger Webb. Banks will have your assets on their blockchain - they will transfer your assets to their assets. You get to keep the liabilities. Straight out theft. Banks call this The Bail in Law.
In the video,it stated that there would be two accounts. One normal -fiat- currency and one digital. . So in the early days of a DC, you'd have money on both your normal public (cash) currency account, and 3k in a digital account.. .. So youd still have your other 5 K in the standard cash account.. at the moment... .. Sometime in the future, cash accounts would slowly disappear, through "lack of use" BC the digital currency rrency would be so convenient to use.. .. And thus governments would deem it unproductive to continue with cash....
@@stuartd9741 Thanks, and you are on to something about convenience being the attraction. With a digital ID it would be very convenient having all your key documents stored in 1 place, passport for travel, online ID, medical data, banking and all the other things that could be added. People will want that……..until bad actors start freezing ID holders because they disagree with their behavior or beliefs. That happened to Nigel the famous UK politician, his banking was frozen/closed because one of the chiefs at the bank didn’t like his pro Brexit opinions. He managed to regain accesses and the chief had to resign (if I remember correctly), but many people might struggle unless the people stick together more around these potential issues . Convenience could attract some people to CBDC. Good news from US, the election parties are aware the CBDC idea is not popular and they are trying to be pro bitcoin (maybe to use bitcoin to support dollar reserves)…..this was covered in recent Mark Moss podcast
One thing's for sure: they'll never do away with cash, otherwise how can you bring back from Qatar bags full of notes as a member of the European Parliament? Their greed and corruption will help us.
Why can people not see that humans are just another thing being commercialized with the digital ID. Just like gmo foods/seeds are, Carbon rights are, fish quota are.
Wait, lets think of the numbers in bank accounts before "cryptocurrency" was a thing. Those generated numbers are their CBDC. NOW they've created a DIFFERENT set of numbers from the numbers they had in their older systems. This is concerning.
Just another switcheroo. I have not for gotten the one from going from our national currency, de gulden, to the euro. They came up short on us all. Just another trick to inflate some debt away.
One of the best videos I watched about this agenda. Everyone in the EUdSSR should watch this but I'm afraid that 80% are not able to understand. Anyway thank you.😁
Wow, this is really interesting, but i dont really believe government can do something good, but i certainly know that you should also talk about Injective and its big ecosystem, i think many people will find this very interesting, and you'll get a lot of views, thanks in advance)
I think this may be double speak. To allay any fears to an adoption of digital currencies. as the government (in this case the EU ) would be the protagonist rather than the antagonist....
If you give them your biometrical data, it's game over. Offline payments? idk how would you avoid hacking or double spending with an offline payment system
I also dont know how they plan to do that. I believe such offline payments were original idea of those who wanted to create cryptocurrency, but at the end they created blockchain because they realised its impossible to do offline. Now government is trying to do that ? I dont believe they will be able to.
You may be offline at the moment of transaction, but you will reach cellular service at a later moment, allowing the device to connect to the bank for updates. If you live under a rock, the system may timeout after a set time forcing you to seek a spot where you can connect. There is no way they'll let you use your CBDC money without some form of central bank control. The offline functionality may just as well be scrapped after CBDC becomes the only money.
Our economy struggling with uncertainties, housing issues, foreclosures, global fluctuations, and pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.
“Antichrist causes all, both small and great, rich and poor, free and slave, to receive a mark on their right hand or on their foreheads, and that no one may buy or sell except one who has the mark or the name of the beast, or the number of his name. Here is wisdom. Let him who has understanding calculate the number of the beast, for it is the number of a man: His number is 666.” (Revelation 13:16-18)
True, for now the European central banks can not print a Euro bond, yet. That can only be done by the national bank of all the separate memberstates. Oh how they would love to be able to do just that.
True., I do think a private digital currency, like Libra, would be a greater risk to global stability, because as we know, corporations are a law unto themselves,.. .. At least with a centrally controlled currency, there would be some checks and balances.. .. Still, any notion of a DC is dystopian...
So if you live outside the EU & Travel there most Countries want you to have an amount of money for Holiday reasons like $ 10,000 before you can enter how would that work if you are stuck to that limit it would impact the Tourist trade
Business and people can get around this control by prepaying with a “membership” and then get the teams throughout a month without individual scrutiny. 🧐
In a future banking crisis where liquidity is lacking, the digital versions of our fiat currencies will be needed alas and thus XRP and XLM will surely be suddenly very valuable indeed
I'll be dumping my euros into Crypto and Gold. I doubt people will be allowed to transfer money to crypto platforms. So it may be best to transfer money over sooner rather than later.
I’m so happy that they are working harder on creating the digital euro. Meanwhile I’m betting against the euro & dollar on all fronts lol make me rich while they complain:)
I'll be dump my euros into Crypto and Gold. I doubt people will be allowed to transfer money to crypto platforms. So it may be best to transfer money over sooner rather than later.
The backend is ready to launch: Excerpt from the TIPS Webinar of Banca D'Italia held 12 and 13.07.2021: "Indeed, with its speed, cost-efficiency and high scalability, TIPS is best placed to meet the basic requirements laid down by the Eurosystem for a digital euro, allowing the processing of one billion transactions per day and the management of hundreds of millions of accounts."
It slowly is getting formed, Digital ID, you cant sell and trade withoud it couse its linked to the CBDC....how Long is it going to Take Until they say: Take a Mark in Your Forehead or Your Right Hand, its for Your Benefits oh and you reject god but you can Order Food that poisons you to Your Home. All for Your good.... Dont be fearfull!😇
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create memes and stickers. everyone
Wait, does this mean that if the Digital EU is here. We could only buy/have 3k in BTC (or stock etc) in total?
@@Paradox-coffeeyes
NEIN zum digitalen Euro!🚫
Es wird nicht zu verhindern sein
Das wird nicht zu verhindern sein
You're getting it, Hans 😂
Alle Unterstützung für unsere deutschen Freunde! (probably wrong, I learned using duolingo 😂)
Hans!!!! bekommt den Flammenwerfer!!!!
People should be aware of this and we must protect the cash 💸
Won’t happen. Cash will be illegal.
If tomorrow the law is passed that paper money has no value... well, you can have all the money in the world, it won't do you any good. It's really just paper. The only option is expensive metals or unregulated crypto-currencies that are not subject to censorship.
And I think the only real solution to do anything without the government's knowledge is black cryptocurrencies, like monero or others that won't obey the regulations.
@@whitenoisejosh-sleepfocusc2917 never.
@@4dy4dy People will riot. This can't happen.
😂😂 f fiat money. Its losing purchasing power. Bitcoin thats real freedom and selfcustody. No banks. No government can control it. It cannot be printed like they do everyday with cash. Thats why you have this inflations and lose purchasing power. Bitcoin is deflationary. You gain more puchasing power. Wait october 2025. Btc wil have doubled it worth. Wait 8 years and btc will have a worth of 1milion per btc. 🎉🎉🎉
Anything governments touch turns to shite
That's why they're there, the government doesn't produce ANYTHING, they're just the babysitter we were told we needed.
Yea for you, not for them
Damn they really like deleting comments the last few years don't they?
Let me repete my self "the gover*ment produces NOTHING it only throws around OUR money, period.".
And they are getting orders from somewhere.
Don't forget that govs are infiltrated. Doesn't make a private thing better if it has the same influences.
CBDC’s will lead to Digital fascism !
At least we can be fairly sure it'll be a massive, expensive failure!!
thats my thought.... the real story here is how much money these elitist are making creating something that will fail.
But we still have to pay for their mistakes they don't care only them
"You will still be able to use cash". Once half population starts using cbdc wallets, because it IS more convenient, cash will be deemed obsolete, and not so far behind will come all the limits and controls.
EU is the worst thing to happen to Europe.
Greece, Spain, Italy and France were wonderful when they had their own currencies prices were cheap.. a concerted effort has been made to usurp these great nations currencies.
The digital Euro is coming to ensure these great nations don't go back to their REAL currencies when the Euro collapses.
Any centralised body of power is a disaster and a danger to the public. The more powerful, the more dangerous. This is how all these bodies, or mobs as I call them, were able to gain so much control we are now heading towards a no less than dystopian future.
@@martingreen2358Their culture has diminished also. All European cities are the same
Sadly it keeps morphing into something monstrous.
To the whole world
Satanists have gone mad!!!
😂😂😂
I don’t want a digital euro
Nor a digital ID....
why would the ECB want the Digital Euro if there's a risk to the banks? because the banks go, there's a bail in, stripping normal ppl of their assets, and government get outs, and hyper inflation leading to higher CBDC adoption
Was thinking the same. They highlight it as a risk (and it's a big one) but still push forward. Bail in. Debt call ups. Foreclosures. Own nothing. But it's ok - here's your 3k allowance...
So get your money out of the banks before they take it!
And they want to audit your assets, too.
They can audit my butt!
4:05 the "right to use cash" is *_not_* enough! That proposal should also include a clause that *_forbids_* to *_"discriminate"_* against ("disincentivise") the use of cash.
Indeed no use of the rights of cash if the transaction window is closed..The state should step in w legislation. In a really free market cash will cost banks money. Hands off and they will close the entrance point. There is no money to be made from physical cash. That traditional path has narrowed over the last few decades..
Freedoms are at stake here in the USA and globally. Americans need to speak up and voice the need for digital, medical, and financial freedoms. Personal privacy is at stake.
Privacy is gone, 1st amendment is gone, 4th amendment is gone. Hopefully people can see Satan's army taking power globally.
People better reject any form of CBDC.
Vaccine
and cryptos too!
@@davidbottana7494 Crypto is a fun gimmick, but shouldn't be taken too seriously either.
NPCs will embrace CBDC via UBI (yay, free money!)
They tried this in Nigeria. It didn't work.
when they starve it will
In Nigeria was trail to learn how to not fucked up in eauropa
That had technical reasons too
A trial run perhaps?
To be fair - Nigerians use cash for approximately 3 out of every 4 transactions (~75%) while those in the EU on average use cash for 1 out of every 2 transactions (~50%)... so the EU seems like an easier target, but still not a walk in the park easy
Analog Cash and crypto is Power to the people!!
If the crowdstrike event is a lesson to learn from, CBDC can only exist with physical cash. Without that, all nations going cashless is vulnerable to that style of attack.
They want all the cash out of the public's hands, or as much as possible.
They need a digital euro to ensure net zero with social /carbon credits. How else will they reach the target, no one will do it willingly? The normal euro was designed to fail to force full federallization how else would they complete the project no one will do it willingly
Bullseye 🎯
In Germany they are already controlling the cars and asking for you to update your assets on a centralized platform.
off course easy, they comply 😂based on history doeant take much.......rules are rules.
we don't need computers in cars, they are pushing this for no reason lol
Never mind Germany. This is an EU/US streamlined harmonized digitalized system in place since 2014. And your assets are in digitized format w a number in a ledger that is not the nr on yr paper contract/deed. And tied to the ( central) banks AND the market which include stocks, bonds and...wait for it...DERIVATIVES!. In case of insolvency 'secured creditors' are first in line f asset stripping. You, the person that thinks he or she 'owns' the asset is last in line. You never 'bought' the asset, you are allowed to 'hold' it. Never mind yr piece of paper. Not accepted. Only the digital format w the 2014 terms and conditions attached to it. Nice, huh!🤨
@@Reggaebeatman Blaming WW2 on the German people was one of the greatest cons of our time..
DO NOT COMPLY
Guys delect all your social medias... buy land avoid big cities plant your own food and protect yourself...
Yeah REPTILIANS, greys , archons cannot find u since they're running whole system underground tunnels.
Given the recent outage with CrowdStrike, I think we can convince more people in the public to boycott an all-digital currency. It would be nice to avoid a CBDC altogether but I don't know how realistic that will be. Hopefully we can avoid it.
Are you suggesting we boycott decentralized digital currencies like BTC but just accept that governments will create CBDC and not boycott those?
It was a DDOS attack. Distributed Denial of service attack, which is also an organisation attack. This will definitely affect Microsoft Reputation.
@@YannMackNice try, troll.
@@YannMackBoycott all digital tokens. BTC was the Trojan Horse.
One only has to observe the symbolism on the CGI of the 'gold coin' and the no.s 666 is never a good sign.
Don't need to be religious to know that 😂
I'm considering leaving the Europe. I don't want to find myself in communism again.
I hope there's more people that thinks like me, that's means we will ignore that EU salmon and go our own way
Wealth. Fame. Power.
The man who had everything in this world... The Pirate King, Gold Roger.
The great Warning he left behind: "CBDC" has opened the curtain on a grand era! It is a time when eager pirates set sail, battle, trade tax free on DeFi and become great! The Great Age of Pirates! Words he spoke drove countless men out to stop paying taxes and live free. And so men set sights on the Grand Bullrun, in pursuit of their dreams. The world has truly entered a Great Pirate Era!
Vote to exit EU. The EU is turning into a modern version of the Soviet Union, just that it is even worse. And before anyone dares to call me pro-Russian - I was pro-EU not so long ago, but the corrupt leadership made me dislike the EU to the point that I will vote any time to leave the EU.
@@LjutaPtica votes arent real unfortunately and people must REALLY be ALL at once out protesting or they will always turn millions of protesters into 20,000 in the TV. they will always find way to be delusional and just do their way.
the only way to get out of this is to stop complying to your own slavery and live on the other side of the law. no more taxes, no more regulations.
@@LjutaPtica UK is the same.
Russia will spread her errors throughout the world- Fatima
Unfortunately they are all developing different versions of the same thing or even worse systems. The rest of the world will be the same unless we unite in time to stop them. We must share this information quickly, with as many people as possible. The time is short, could be a month or a bit more now.
We must also resist digital surveillance and social credit systems and digital currencies. And then unite against those in power to replace them and set our own rules and systems in place. Being informed and united is key. And we can't be soft about it. @@LjutaPtica
People don't let this happen we all have the power to stop it from happening just refuse it cast it out
CASH IS NOT MONEY, IT IS AN IOU.
It is money today
So', better then CBDC and OK pay u later.
More reasons to use Monero
The general public is not a stakeholder. That says everything.
Yeah I’m not complying with this shite.
Definitely wont lead to a black market 😂
So how is this gonna work when majority of EU citizens don't even have bank accounts?
Meanwhile the US is far far behind the curve on crypto
US Government is behind, but not the BlackRock. Just wait till Dollar starts collapsing in the next few years and US corporations will start gaining more power..
Luckily we have to click on cookie banners - privacy is so important for the EU
Question for Coin Bureau, if a person has EUR 7,000 in a savings account, but the new limit is EUR 3,000 do they lose 4K? Would it be confiscated?
Yes. Read The Great Taking by David Roger Webb. Banks will have your assets on their blockchain - they will transfer your assets to their assets. You get to keep the liabilities. Straight out theft. Banks call this The Bail in Law.
@@Bernwes that’s reassuring 😂, a person who lost the 4K would not be happy to have done so
@@Bernwes research helps, following the coinbase updates like these ones helps the research as well
In the video,it stated that there would be two accounts. One normal -fiat- currency and one digital.
.
So in the early days of a DC, you'd have money on both your normal public (cash) currency account, and 3k in a digital account..
..
So youd still have your other 5 K in the standard cash account.. at the moment...
..
Sometime in the future, cash accounts would slowly disappear, through
"lack of use"
BC the digital currency rrency would be so convenient to use..
..
And thus governments would deem it unproductive to continue with cash....
@@stuartd9741 Thanks, and you are on to something about convenience being the attraction. With a digital ID it would be very convenient having all your key documents stored in 1 place, passport for travel, online ID, medical data, banking and all the other things that could be added. People will want that……..until bad actors start freezing ID holders because they disagree with their behavior or beliefs. That happened to Nigel the famous UK politician, his banking was frozen/closed because one of the chiefs at the bank didn’t like his pro Brexit opinions. He managed to regain accesses and the chief had to resign (if I remember correctly), but many people might struggle unless the people stick together more around these potential issues . Convenience could attract some people to CBDC. Good news from US, the election parties are aware the CBDC idea is not popular and they are trying to be pro bitcoin (maybe to use bitcoin to support dollar reserves)…..this was covered in recent Mark Moss podcast
😢😢 I guess we are all going back to Barter System
Great video Guy
Brilliant as ever thanks Guy
Businesses will go broke
Yes
One thing's for sure: they'll never do away with cash, otherwise how can you bring back from Qatar bags full of notes as a member of the European Parliament? Their greed and corruption will help us.
One of the good youtube streams!
I never understand how banks colaps because you borrow 100k and give back 500k that is a lot of profit ... From just 1 person.
Dont eat meat or drink beer and your out of the system!!!
Get your own cattle and home brewery 😂
Why can people not see that humans are just another thing being commercialized with the digital ID. Just like gmo foods/seeds are, Carbon rights are, fish quota are.
Welcome to the Sov...ehm European Union
Thanks Guy
Wait, lets think of the numbers in bank accounts before "cryptocurrency" was a thing. Those generated numbers are their CBDC. NOW they've created a DIFFERENT set of numbers from the numbers they had in their older systems. This is concerning.
Just another switcheroo. I have not for gotten the one from going from our national currency, de gulden, to the euro. They came up short on us all. Just another trick to inflate some debt away.
Excellent video as usual. I hope you talk about Injective so we can understand the mechanism better❤
The India UPI transaction fee is zero.
I love this Guy
its still not a curency it has no value and people dont have to use it thats why people dont buy stuff with pooop
One of the best videos I watched about this agenda. Everyone in the EUdSSR should watch this but I'm afraid that 80% are not able to understand. Anyway thank you.😁
The phantom of the Ghost Coin...
Wow, this is really interesting, but i dont really believe government can do something good, but i certainly know that you should also talk about Injective and its big ecosystem, i think many people will find this very interesting, and you'll get a lot of views, thanks in advance)
So, private banks are our allies now? Weird.
Lagarde may be the most despised human being since 2007, when she was the head of the FMI.
she is not a human, she is a lizzy 🦎🐉🐍
I think this may be double speak.
To allay any fears to an adoption of digital currencies.
as the government (in this case the EU )
would be the protagonist rather than the antagonist....
There are countries in EU where the rent or bank payments for houses are over 3500 euro per month, excluding other expenses.
We need stickers against
Great video 👏🏼
If you give them your biometrical data, it's game over.
Offline payments? idk how would you avoid hacking or double spending with an offline payment system
I also dont know how they plan to do that. I believe such offline payments were original idea of those who wanted to create cryptocurrency, but at the end they created blockchain because they realised its impossible to do offline. Now government is trying to do that ? I dont believe they will be able to.
More to the point, if you have over your bio metric data, do those companies own the intellectual property rights to the biometric data???
You may be offline at the moment of transaction, but you will reach cellular service at a later moment, allowing the device to connect to the bank for updates. If you live under a rock, the system may timeout after a set time forcing you to seek a spot where you can connect. There is no way they'll let you use your CBDC money without some form of central bank control.
The offline functionality may just as well be scrapped after CBDC becomes the only money.
Our economy struggling with uncertainties, housing issues, foreclosures, global fluctuations, and pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.
NO COMPLIANCE NO CONSENT
“Antichrist causes all, both small and great, rich and poor, free and slave, to receive a mark on their right hand or on their foreheads, and that no one may buy or sell except one who has the mark or the name of the beast, or the number of his name. Here is wisdom. Let him who has understanding calculate the number of the beast, for it is the number of a man: His number is 666.” (Revelation 13:16-18)
This is where QUANT comes in. QUANT is neck deep in these shenanigans. But on the bright side, owning QNT at these prices will pay off handsomely
RIPPLE EXPERTISE IS MAKING CBDCs
Another great video
Thank you for great details!
22:18 That one statement sums it up nicely.
Well now cash is king
It's your money spent it as you please
Fuck the digital Euro! WE WANT CASH TO STAY!!
The MMT crowd need CBDC as it’s the only way to make their system work (they have to control both supply and demand in the economy)
True, for now the European central banks can not print a Euro bond, yet.
That can only be done by the national bank of all the separate memberstates.
Oh how they would love to be able to do just that.
It's a dead duck, doomed to fail, a solution looking for a problem that doesn't exist.
True.,
I do think a private digital currency, like Libra, would be a greater risk to global stability, because as we know, corporations are a law unto themselves,..
..
At least with a centrally controlled currency, there would be some checks and balances..
..
Still, any notion of a DC is dystopian...
I wish I could share your optimism.
Perhaps now is the time to review the investment potential of XLM, not just XRP
Once again, we have to learn the hard way that central planning always fails.
Non compliance will be the way to go in case any of this BS gets rolled out.
time for europe to go back to bankless barter
Sorry. Wont work.....
Hell no!!!
Watching all the CBDCs immediately fail and fold up like wet cardboard is gonna be so funny 😂
So if you live outside the EU & Travel there most Countries want you to have an amount of money for Holiday reasons like $ 10,000 before you can enter how would that work if you are stuck to that limit it would impact the Tourist trade
Business and people can get around this control by prepaying with a “membership” and then get the teams throughout a month without individual scrutiny. 🧐
Stakeholder is a term used in any serious business. It just is corporate jargon for 'people who should participate'
If you can’t beat them at least benefit by buying Quant (QNT). The rails upon which the cbdcs will be built.
In a future banking crisis where liquidity is lacking, the digital versions of our fiat currencies will be needed alas and thus XRP and XLM will surely be suddenly very valuable indeed
Gold and Silver .
What’s everyone’s opinion on how this will affect the crypto market or Bitcoin? Up or down? Surely it will push more people to being open to crypto
I'll be dumping my euros into Crypto and Gold. I doubt people will be allowed to transfer money to crypto platforms. So it may be best to transfer money over sooner rather than later.
This depends on the EU being an entity its self.
Shay checking in from dublin Ireland thank you ❤❤❤❤❤
They are testing these CBDC cards with illegal immigrants.
"Their currency (fiat) sucks " lmao , ueah one way to put it , you had me spill tea by the nose tkx Guy , love ya
I’m so happy that they are working harder on creating the digital euro. Meanwhile I’m betting against the euro & dollar on all fronts lol make me rich while they complain:)
I'll be dump my euros into Crypto and Gold. I doubt people will be allowed to transfer money to crypto platforms. So it may be best to transfer money over sooner rather than later.
Very informative as always thank you
So, stakeholders have a say in money based on trust, entirely ?!? I rather go back to barder, like the first settlers !
The backend is ready to launch: Excerpt from the TIPS Webinar of Banca D'Italia held 12 and 13.07.2021:
"Indeed, with its speed, cost-efficiency and high scalability, TIPS is best placed to meet the basic requirements laid down by the Eurosystem for a digital euro, allowing the processing of one billion transactions per day and the management of hundreds of millions of accounts."
fucking terrifying
Indeed it is, and this is why DC, will fail because the public won't tolerate such control.
7:09 "private prayment providers "😂
The government already does that without a CBDC
Thx Guy
Interesting times.
Ah I had a feeling that their racket won't work.
mark of the beast anybody?
Yeah not long now
Yep, a global digital id. And their 200 million a.i. robots to do their bidding.
It slowly is getting formed, Digital ID, you cant sell and trade withoud it couse its linked to the CBDC....how Long is it going to Take Until they say: Take a Mark in Your Forehead or Your Right Hand, its for Your Benefits oh and you reject god but you can Order Food that poisons you to Your Home. All for Your good....
Dont be fearfull!😇
No details on how to prepare. Like, Where to possibly secure your currency . or just buy Bitcoin...
@@WithoutCeasing??
@@kikimill4537 Haha was testing something