ALSO WATCH | Why India-Taiwan Agreement Could Be A Game-Changer For Semiconductor Industry www.moneycontrol.com/news/world/explained-why-india-taiwan-agreement-could-be-a-game-changer-for-semiconductor-industry-7852671.html
When he said " The central bank can put an expiration date on your money and you would have to spend it and not save it " Broooo that gave me goosebumps, isn't that sufficient to scare anyone. Like wont have any control over our money, then why the f... are we working for, to spend our money on things they like. No bro😢🤒😨
That guy must be employed by the central bank making advertisement for the one word government. They did a test run with CBDC in Nigeria, which was an absolute failure. You should read about it, because you know what our central bankers and governments have planned for us
Imagine being told you aren't allowed to save money. Imagine being told you can't spend money in certain places. Imagine every purchase you make being tracked by big daddy government. Imagine having a personal opinion big daddy doesn't like and becoming a non-entity because they freeze your account. Sounds like a bad deal to me.
Imagine that this was predicted 2000 years ago in Revelation: And the beast will control all buying and selling, blocking anyone who does not worship the beast and its image from buying and selling.
@@this_mfr that’s was talking about emperor Nero. He was persecuting Christians. The mark of the beast was the coin with his face on it. “666” in Biblical Hebrew literally translates to NERO.
I am HATING the fucking erosion of privacy with money. EXPIRATION DATES ON MONEY!? Let's just drop the towel and become full on USSR right? What happened to property rights!?
Property rights don't exist for the poor and middle class. The property taxes go up, home owners insurance goes up, mortgage scams, etc. America is ruined.
Thanks for the analysis! I have a quick question: My OKX wallet holds some USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). How can I transfer them to Binance?
If the central bank is going to issue CBDC to commercial banks and they will further it to retail,then how is financial inclusion helped this way?Banks have no incentive to look after the unbanked.Secondly e-RUPI can be used to transfer money for targetted subsidies and thirdly UPI has already revolutionised the retail payment scene.I am unable to see the merit of CBDC in India,if anybody has better inputs do let me know.
I just have a gut-level hunch that it's about Smart Contracts, ie. the money can be "PROGRAMMED", though obviously I'm not sure, ie. I have no insider knowledge. As he said up there, you could be "forced to spend" the money by a particular date.....
You have no privacy way less privacy that we have now that kills the deal for me I’m done, physical all the way give me, real stuff not fake make-believe stuff!
Great! Glad it's what you're looking for. Now take some time to look at the dark side of CBDC currency, this channel didnt bother to tell you about. Guranteed its the side you are not looking for and do not want from this type of currency. Its coming. You will own nothing and you will be happy. Thats what they say.
3:53 But the whole point was to decentralise the currency i.e. not to involve the Banks but what would this unnecessary 2-tier system do?UPI is great instead.
The moment it becomes 2-tier you are back to the start of the video except that you replace -accounts based- with -blockchain based- nominally. Because in the end a blockchain is a ledger just like the -accounts based ledger- with certain unique new features.
Wait, if the money has an expiration date, then how would it go through business and such? The timer would have to reset otherwise you would lose both profits and payments when it just deletes itself if the time limit is less then 1 1/2 months. If the starting amount is what was there before, would it basically overflood every market with random purchases the first week implemented so the system will not screw over people who save/self-employed their money before hand and all massive companies start at zero. Speaking of which why would companies agree to it when it won't help with third world countries with an energy crisis or any political enemies. That's after 5 minutes to think about how it works so I don't see how it would work.
The crucial issue here is the EXCHANGE RATE they will set against hard currencies.... It will be something like ..... 0.10 CBDC´s .....for....... 1 €/$ In just a second we will be 10 times poorer..... REPENT
Автор канала. В нашу жизнь пришли "изображения", они есть на товарах, в рекламе, на чеке с магазина. Это изображение называется кюар код. Так вот. Я сосчитал два разных кюар кода с диагональю 37 на 37, тот что чаще встречается в нашей с вами жизни Число черных маленьких клеток в каждом из них оказалось одинаковым. Число это 666. Кто не верит посчитайте. Как считать? Один квадрат по углам содержат 24 клетки умножаем на 3 так как их три. Получаем 72. Остальные 594 чёрные клетки внутри любого кюар кода. Число зверя и печать его или нет решать вам. Но я для себя сделал однозначный вывод.
CBDC is centralised currency which is control by India to counter Corruption ( black money most ) 🤑 It's like India will have pure Digital money You can later Transfer to cash if you want
You won't be able to transfer to cash. This currency is designed to have complete control over populations. It's programmable coupons, they decide what you can and can't buy. This is the Chinese Social Credit System. There will be no cash
Counter corruption and counter people with the wrong faith and counter people which shouldn't be here in the opinion of the politicians in power and counter people with the wrong choice in the elections and counter people who don't buy the desired goods...
ALSO WATCH | Why India-Taiwan Agreement Could Be A Game-Changer For Semiconductor Industry
www.moneycontrol.com/news/world/explained-why-india-taiwan-agreement-could-be-a-game-changer-for-semiconductor-industry-7852671.html
When he said " The central bank can put an expiration date on your money and you would have to spend it and not save it " Broooo that gave me goosebumps, isn't that sufficient to scare anyone. Like wont have any control over our money, then why the f... are we working for, to spend our money on things they like. No bro😢🤒😨
Prepare for total state surveillance
Your storytelling makes learning about crypto so enjoyable.
"Let's embrace it with open arms?" Why the hell would you want to do that?
That guy must be employed by the central bank making advertisement for the one word government. They did a test run with CBDC in Nigeria, which was an absolute failure. You should read about it, because you know what our central bankers and governments have planned for us
Imagine being told you aren't allowed to save money. Imagine being told you can't spend money in certain places. Imagine every purchase you make being tracked by big daddy government. Imagine having a personal opinion big daddy doesn't like and becoming a non-entity because they freeze your account. Sounds like a bad deal to me.
th-cam.com/video/R15SoEOV8XE/w-d-xo.html
Imagine that this was predicted 2000 years ago in Revelation: And the beast will control all buying and selling, blocking anyone who does not worship the beast and its image from buying and selling.
@@this_mfr that’s was talking about emperor Nero. He was persecuting Christians.
The mark of the beast was the coin with his face on it. “666” in Biblical Hebrew literally translates to NERO.
@@this_mfr leave your christian mythology out of politics, religion did too much harm already.
@@san5828 🤣🤣 as if atheism hasn't done much worse. But sure, let's start the blame game. Isn't that how all wars start?
Dhanyavad Sir Ji 🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏
I am HATING the fucking erosion of privacy with money. EXPIRATION DATES ON MONEY!? Let's just drop the towel and become full on USSR right? What happened to property rights!?
Privacy is myth in Digital world
Cope up
Then don't use Moble 😆🤣 if you more concerned
@@rohandas5643 I do not have any polite words to describer the glib on you!
th-cam.com/video/R15SoEOV8XE/w-d-xo.html
Property rights don't exist for the poor and middle class. The property taxes go up, home owners insurance goes up, mortgage scams, etc. America is ruined.
Nice explanation in simple terms.
Thanks for the analysis! I have a quick question: My OKX wallet holds some USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). How can I transfer them to Binance?
If the central bank is going to issue CBDC to commercial banks and they will further it to retail,then how is financial inclusion helped this way?Banks have no incentive to look after the unbanked.Secondly e-RUPI can be used to transfer money for targetted subsidies and thirdly UPI has already revolutionised the retail payment scene.I am unable to see the merit of CBDC in India,if anybody has better inputs do let me know.
I just have a gut-level hunch that it's about Smart Contracts, ie. the money can be "PROGRAMMED", though obviously I'm not sure, ie. I have no insider knowledge. As he said up there, you could be "forced to spend" the money by a particular date.....
Could you tell us how a Smart Contract on INDIA'S CBDC will work, please?
Imagine no cash ever again and the banks go down
Excellent introduction to CBDC;s and how they may be used and their interaction with the retail banking system.
You have no privacy way less privacy that we have now that kills the deal for me I’m done, physical all the way give me, real stuff not fake make-believe stuff!
Wow exactly what I was looking for.
Great! Glad it's what you're looking for.
Now take some time to look at the dark side of CBDC currency, this channel didnt bother to tell you about.
Guranteed its the side you are not looking for and do not want from this type of currency. Its coming.
You will own nothing and you will be happy.
Thats what they say.
fantastic
Very helpful this amount
3:53 But the whole point was to decentralise the currency i.e. not to involve the Banks but what would this unnecessary 2-tier system do?UPI is great instead.
Amazing stuff! Liked!
The moment it becomes 2-tier you are back to the start of the video except that you replace -accounts based- with -blockchain based- nominally. Because in the end a blockchain is a ledger just like the -accounts based ledger- with certain unique new features.
Giving CBDC's to the Bank and then to the customers. What a Joke
Imagine the Central bank teaming up with the IRS and taxing you on selling a used car or cutting you off if you are not into the one world government.
If cbdc come true.Then all physical notes eliminate from circulation and market
If serial number of 💵cash note(photo) is in process.It's best.
Wait, if the money has an expiration date, then how would it go through business and such? The timer would have to reset otherwise you would lose both profits and payments when it just deletes itself if the time limit is less then 1 1/2 months. If the starting amount is what was there before, would it basically overflood every market with random purchases the first week implemented so the system will not screw over people who save/self-employed their money before hand and all massive companies start at zero. Speaking of which why would companies agree to it when it won't help with third world countries with an energy crisis or any political enemies. That's after 5 minutes to think about how it works so I don't see how it would work.
no wifi no money then, right?
th-cam.com/video/R15SoEOV8XE/w-d-xo.html
Ledger Wallet. one dude escaped ukraine with btc using Ledge wallet. its a offline wallet.
@@MskOnChain you still need an internet connection to transfer it to who you want to pay.
I’ve been scammed in CBDC
th-cam.com/video/R15SoEOV8XE/w-d-xo.html
embrace it with open arms? This guy is out of him mind
cbdc is stable coins ?
Obviously
666
how do you convert my fiat to cbdc?
Thats ONE way 2 du it, this WORLD some new ORDER!
The crucial issue here is the EXCHANGE RATE they will set against hard currencies....
It will be something like ..... 0.10 CBDC´s .....for....... 1 €/$
In just a second we will be 10 times poorer.....
REPENT
What evidence do you have for this? A CBDC is just a digital version of the same currency in a country.
Kuch samajh nahi aaya... when we have paytm etc and other ways of transferring money well digitally then why do we need CBDC?
Just to showoff the technical skills
Actually we are in the moment, when we must stand up and fight against it.
Hindi kyun nhi hai yeh?? Mere pitaji ko kese dikhau???
It will fail badly.
Tyson Spur
Bad for common man for sure
DuBuque Gateway
Автор канала. В нашу жизнь пришли "изображения", они есть на товарах, в рекламе, на чеке с магазина. Это изображение называется кюар код. Так вот. Я сосчитал два разных кюар кода с диагональю 37 на 37, тот что чаще встречается в нашей с вами жизни
Число черных маленьких клеток в каждом из них оказалось одинаковым. Число это 666.
Кто не верит посчитайте. Как считать? Один квадрат по углам содержат 24 клетки умножаем на 3 так как их три. Получаем 72. Остальные 594 чёрные клетки внутри любого кюар кода. Число зверя и печать его или нет решать вам. Но я для себя сделал однозначный вывод.
Dora Valleys
Recent news in Nigeria has made me not to like these
#mcapproved
Who came here after the budget 2022 🤣🤣
Thank you will never use it
Tito Rapids
You will own nothing, and be happy 😴
CBDC is centralised currency which is control by India to counter Corruption ( black money most ) 🤑
It's like India will have pure Digital money
You can later Transfer to cash if you want
You won't be able to transfer to cash. This currency is designed to have complete control over populations.
It's programmable coupons, they decide what you can and can't buy.
This is the Chinese Social Credit System.
There will be no cash
Counter corruption and counter people with the wrong faith and counter people which shouldn't be here in the opinion of the politicians in power and counter people with the wrong choice in the elections and counter people who don't buy the desired goods...
You can later transfer it to cash…. If they let you
Bot
Bro go and learn, don't be a fool
malapit na trebulation
This is the future
666