😱 Central Bank Digital Currency - CBDC | Dangerous Idea?

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  • เผยแพร่เมื่อ 14 ก.ค. 2022
  • How could platform for Central Bank Digital Currency work? What forms CBDC can take? How CBDC changes economic policies? Is CBDC dangerous?
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ความคิดเห็น • 162

  • @sirellyn
    @sirellyn ปีที่แล้ว +107

    CBDC isn't just a "bad" idea, it's an apocalyptic idea. This has to be denied at ALL costs.

    • @sambee4927
      @sambee4927 ปีที่แล้ว +7

      And he causes all, the small and the great, the rich and the poor, and the free and the slaves, to be given a mark on their right hands or on their foreheads, and he decrees that no one will be able to buy or to sell, except the one who has the mark, either the name of the beast or the number of his name. (Revelation 13:16-18)

    • @robertflores51
      @robertflores51 ปีที่แล้ว

      (No

    • @Matt_Heebs
      @Matt_Heebs ปีที่แล้ว

      It's the path to implementing the mark of the beast, a one world currency with all of your bio-metric data combined with CBDC/social credit score will be in the mark...

    • @tabasco7915
      @tabasco7915 ปีที่แล้ว

      I mean to tell you.

    • @tabasco7915
      @tabasco7915 ปีที่แล้ว

      @@sambee4927 It sure seems to me that even now the WEF is rolling out the Red Carpet for the anti-Christ to assume power. It seems as well that World Governments will/are complying and following suit.

  • @aspektstv3149
    @aspektstv3149 ปีที่แล้ว +21

    Digitalization of currency will end privacy that we enjoy in a physical cash based economy.

  • @BobWidlefish
    @BobWidlefish ปีที่แล้ว +37

    Just say no to CBDC!

    • @ashleyyoung1978
      @ashleyyoung1978 ปีที่แล้ว

      if they try to enslave us via digital currency we can just attack their payment system LOOOOOOL - literally anything we build to replace it will be better - spread the word. thats our attack plan. we will not be fully enslaved by a digital currency.. spread the word that our attack plan is to cyber attack their payment system... all iz good

  • @bnunley8135
    @bnunley8135 ปีที่แล้ว +23

    The American people need to stand up and refuse to use digital currency…..this is our country. The government works for the people…..has the government forgotten that fact…We the people need to remind them

    • @endtimesareuponus8930
      @endtimesareuponus8930 ปีที่แล้ว

      Too late

    • @jackduras6238
      @jackduras6238 ปีที่แล้ว

      reminding them is already tooo late

    • @rslongshot7453
      @rslongshot7453 ปีที่แล้ว

      Too late brother, we're on our own.

    • @ashleyyoung1978
      @ashleyyoung1978 ปีที่แล้ว

      if they try to enslave us via digital currency we can just attack their payment system LOOOOOOL - literally anything we build to replace it will be better - spread the word. thats our attack plan. we will not be fully enslaved by a digital currency.. spread the word that our attack plan is to cyber attack their payment system...okokok

    • @richardyoung9024
      @richardyoung9024 5 หลายเดือนก่อน

      We already have a form of digital currency. It’s called “Credit Cards” and “Debit Cards”. We don’t need this dangerous addition!

  • @DrProgNerd
    @DrProgNerd ปีที่แล้ว +67

    Think about how much of your life is impacted by money. Now think about how effective you believe your government is. Do you REALLY want that government in control of your money/life?

    • @stephenzouhir351
      @stephenzouhir351 ปีที่แล้ว

      Lately I’ve been thinking of buying cryptocurrency for retirement, I’ve set asides $350k to invest but along the line,I usually get cold feet, maybe because I have no idea what I’m doing, please I could really use some guidelines.

    • @sylwiapictrowska8013
      @sylwiapictrowska8013 ปีที่แล้ว

      @@stephenzouhir351 In situations like this,I always recommend to people on getting guidance at least from someone that understands price action and all that while you strive on improving yourself by watching videos and learning fundamental analysis.

    • @sheacalvillo6393
      @sheacalvillo6393 ปีที่แล้ว

      Investment guidance sounds like a great idea,thought about it before but never knew how to go about it.

    • @harrisvangeest5134
      @harrisvangeest5134 ปีที่แล้ว

      @@sheacalvillo6393 I started investing in cryptocurrency a little while ago and I’ve come to realize nothing beats first hand experience..Investing with Juan Antonio Landa has been the best experience ever.

    • @hervenacitas8265
      @hervenacitas8265 ปีที่แล้ว

      Wow…..Juan Antonio Landa?

  • @JoseMendoza-hx5kj
    @JoseMendoza-hx5kj ปีที่แล้ว +30

    JAPANESE CITIZENS ON WEDNESDAY 03, AUGUST 2022 AT 13:20 CET, VOTED DOWN THE USE OF A CENTRAL BANK DIGITAL CURRENCY, DUE TO "ZERO FINANCIAL PRIVACY WITH NO BENEFITS FOR ITS CITIZENS"
    ECONOMIST/MATHEMATICIAN

    • @zpclosangelesgraffiticafe
      @zpclosangelesgraffiticafe ปีที่แล้ว +1

      damn rte

    • @Matt_Heebs
      @Matt_Heebs ปีที่แล้ว +5

      Well done citizens of Japan. I dont think USA citizens will get to vote on it though. 😬

    • @TheSosaHouse
      @TheSosaHouse ปีที่แล้ว

      The gov't is alrady in control of our money, even if you have a dollar under your mattress, they control the value of that dollar.

    • @BruhImAGirl
      @BruhImAGirl ปีที่แล้ว

      They atleast have some laws to protect their citizens

    • @nitewatchman1576
      @nitewatchman1576 ปีที่แล้ว

      @@Matt_Heebs the dump the current nazi government here.

  • @rikardlalic7275
    @rikardlalic7275 ปีที่แล้ว +17

    History teaches us. What can easily missused for different purposes, will be missused for different purposes.

  • @prilep5
    @prilep5 ปีที่แล้ว +21

    Cbdc will be used for universal basic income and social aid - limiting where and on what you can spend it and probably with expiration

    • @undftd28
      @undftd28 ปีที่แล้ว +1

      can i rent cars

    • @prilep5
      @prilep5 ปีที่แล้ว +2

      @@undftd28 you can rent electric bicycle

    • @undftd28
      @undftd28 ปีที่แล้ว

      @@prilep5 i was thinking more of a model s tesla, will that be possible?

    • @pass179
      @pass179 ปีที่แล้ว +3

      Also....they will know every penny you spend and on what. TOO MUCH GOVERNMENT!!

    • @jackduras6238
      @jackduras6238 ปีที่แล้ว

      welcome to absolute slavery

  • @muhammadedytuahrayaramadan7960
    @muhammadedytuahrayaramadan7960 ปีที่แล้ว +20

    Does this means the government will have the power to redistribute wealth by force

    • @JOHNRMECH
      @JOHNRMECH ปีที่แล้ว +1

      Well, they began doing that in the 1960's. Now it'll be easier and quicker plus it opens the door for 'bail-ins."

    • @raymondayala5355
      @raymondayala5355 ปีที่แล้ว

      @@JOHNRMECHthis is exactly what is happening NOW. The “bail ins”

    • @JOHNRMECH
      @JOHNRMECH ปีที่แล้ว

      @@raymondayala5355 joke's on them: I'm broke!

    • @TheWizardGamez
      @TheWizardGamez 2 หลายเดือนก่อน

      They can freeze your money. And you can do literally nothing about it. They can print and devalue without you being able to tell on any way possible. Today. You go to the store. You pay with 20 dollar bill. At the turn of the century it cost a nickel and pocket lint. Next year inflation may kick in. And you’ll have to pay with 200 dollars. You can tell how this is bad. Before central banking. You would literally feel the weight of gold increase. Paper money has abstracted that. And digital currency has abstracted that even more. It’s going to harm us all

  • @shake_shells11
    @shake_shells11 ปีที่แล้ว +12

    CBDC with a social score system

  • @marunio435
    @marunio435 ปีที่แล้ว +6

    We will not sit and wait for these things to happen. Humanity has fought bigger problems.

    • @jackduras6238
      @jackduras6238 ปีที่แล้ว +2

      this is one of the biggest one

    • @ashleyyoung1978
      @ashleyyoung1978 ปีที่แล้ว

      if they try to enslave us via digital currency we can just attack their payment system LOOOOOOL - literally anything we build to replace it will be better - spread the word. thats our attack plan. we will not be fully enslaved by a digital currency.. spread the word that our attack plan is to cyber attack their payment system... maaaan

  • @lolawalsh9187
    @lolawalsh9187 ปีที่แล้ว +4

    Who controls the food supply controls the people; who controls the energy can control whole continents; who controls money can control the world” - Henry Kissinger

  • @Kit_The_Fist
    @Kit_The_Fist ปีที่แล้ว +7

    CBDC absolutley not thank you very much - It appears G7 really do think we are that stupid - No matter how many trendy words you use or how you frame it, a programable currency which essentially becomes a voucher No!

  • @rutessian
    @rutessian ปีที่แล้ว +8

    What about a gold backed blockchain currency?

    • @undftd28
      @undftd28 ปีที่แล้ว +2

      dogecoin & shiba

    • @JOHNRMECH
      @JOHNRMECH ปีที่แล้ว +1

      It's not much different: you pay extremely high prices for not holding any gold.

    • @TheWizardGamez
      @TheWizardGamez 2 หลายเดือนก่อน

      That’s just reserve money with extra steps. Not saying it wouldn’t work as I’m sure there is a gold coin or silver coin. Just that. The liquidity of gold at the moment isn’t to the levels that people would be willing to trust such an enterprise. Also. The state controls gold and silver supply. If we could get the state to forfeit that. We could get a serious money issuance. Also. Do you trust the blockchain? Do you trust that it will not be perverted? Do you trust the people who you are giving money/gold to convert into gold coin? And do you trust that you’ll be able to liquidate without the government ducking you over

  • @kipperwhite2976
    @kipperwhite2976 ปีที่แล้ว +2

    how will it work w/IRA's or Annuities? TY

  • @ScottOrr95
    @ScottOrr95 ปีที่แล้ว +3

    Buy gold and silver and dump currency.

  • @mrgruffy4499
    @mrgruffy4499 ปีที่แล้ว +4

    I still don't understand Bitcoin. What is the dollar equivalent to US currency? What do these wide varying market values mean? Like on one day Bitcoin is traded @! $10.00: another day, $20,000. And what is a "Blockchain"? What is a "platform"? This is too complicated for me.

    • @Stacksats21Qunitillion
      @Stacksats21Qunitillion ปีที่แล้ว

      A block chain is a ledger of transactions, arranged into blocks. The blocks are linked by a SHA256 hash which starts 0000004cff86k.. the zeros are the proof of work done by the miners.

    • @nicolagianaroli2024
      @nicolagianaroli2024 ปีที่แล้ว

      You can see it this way: you have a data-base which faithfully capture the details of all the transactions executed using that specific crypto. This database is replicated in many copies which can be found stored in virtually countless nodes which made the network . As a result that means you can trust 100% the info contained in the database and no central authority is charged with the task to update and maintain such database

  • @rikardlalic7275
    @rikardlalic7275 ปีที่แล้ว +4

    Planned economy, we know how it ends. 1984.

  • @ranggayogiswara5148
    @ranggayogiswara5148 ปีที่แล้ว +3

    bitcoin only (probably) intends to solve the problems of centrality and inflation. the government may have misunderstood about it.

  • @lpro5952
    @lpro5952 ปีที่แล้ว

    I love the quality of thise vidoe

  • @chadryals1647
    @chadryals1647 ปีที่แล้ว +4

    Biden signed the eo to does these in December 2022

    • @carolethein4953
      @carolethein4953 ปีที่แล้ว +3

      That has been the problem with this president.... He rules by EOs instead of going through the proper channels....

  • @rajputnarayanbaghel6294
    @rajputnarayanbaghel6294 ปีที่แล้ว

    Are bhai mere ko phaida kya hoga cbdc m invest karke.

  • @glitchh4004
    @glitchh4004 ปีที่แล้ว +3

    I think what this will cause is that people will start to move away from multicultural societies and move backwards to single culture governments. In other words, the governments will cause their own collapse by creating this, as the only reason democracies work is because control is so limited.

  • @nightcorefan1440
    @nightcorefan1440 5 หลายเดือนก่อน

    Honestly all I can see happening after it takes effect is thousands of people having the government on their hit list.
    From taking or freezing their money. Literally! And those involved as well.

  • @buzzblitzer750
    @buzzblitzer750 ปีที่แล้ว +1

    Very dangerous idea, unless there’s no ability for state control/programming.

    • @ashleyyoung1978
      @ashleyyoung1978 ปีที่แล้ว

      if they try to enslave us via digital currency we can just attack their payment system LOOOOOOL - literally anything we build to replace it will be better - spread the word. thats our attack plan. we will not be fully enslaved by a digital currency.. spread the word that our attack plan is to cyber attack their payment system...

  • @Nathz83-tablenio
    @Nathz83-tablenio ปีที่แล้ว +2

    Thats easy..but..dangerous!

    • @ashleyyoung1978
      @ashleyyoung1978 ปีที่แล้ว

      if they try to enslave us via digital currency we can just attack their payment system LOOOOOOL - literally anything we build to replace it will be better - spread the word. thats our attack plan. we will not be fully enslaved by a digital currency.. spread the word that our attack plan is to cyber attack their payment system...

  • @lpro5952
    @lpro5952 ปีที่แล้ว +1

    also not evrey country might change to CBDC it affect foreing relationes crash some Econames that are dependent on each other

  • @cryptonative
    @cryptonative ปีที่แล้ว +7

    It will be good if you can an anonymous wallet. That would let us not use conventional banks.

    • @ellerellerek52
      @ellerellerek52 ปีที่แล้ว +2

      that's crypto currencies

    • @wackos
      @wackos ปีที่แล้ว

      Entering the world of #Dash @Dashpay and your there.

    • @aleksandersuur9475
      @aleksandersuur9475 ปีที่แล้ว

      pffff... forget about that, why the fuck would central bank facilitate tax fraud and money laundering?

    • @cryptonative
      @cryptonative ปีที่แล้ว

      @@ellerellerek52 kinda of but you cant pay your taxes with crypto currencies

    • @ellerellerek52
      @ellerellerek52 ปีที่แล้ว

      @@cryptonative who wants to pay taxes? not me

  • @gletussmaximus1116
    @gletussmaximus1116 ปีที่แล้ว +1

    We do not want it 😒

  • @roseownby4759
    @roseownby4759 ปีที่แล้ว +1

    Unfortunately it is coming

  • @socotroquito2007
    @socotroquito2007 ปีที่แล้ว +1

    Let’s mint our own money! And let’s make love without love , to the govt!

    • @ashleyyoung1978
      @ashleyyoung1978 ปีที่แล้ว

      if they try to enslave us via digital currency we can just attack their payment system LOOOOOOL - literally anything we build to replace it will be better - spread the word. thats our attack plan. we will not be fully enslaved by a digital currency.. spread the word that our attack plan is to cyber attack their payment system... lol

  • @mkb6418
    @mkb6418 ปีที่แล้ว +4

    Totalitarianism is unavoidable

  • @motin123
    @motin123 ปีที่แล้ว +1

    Buy Dash

  • @serenity8145
    @serenity8145 ปีที่แล้ว

    Keep on using cash for as long as you can

  • @mrgruffy4499
    @mrgruffy4499 ปีที่แล้ว

    Blockchain: A system in which a record of transactions, especially those made in a cryptocurrency, is maintained across computers that are linked in a peer-to-peer network.
    I still don't know what this means.

    • @nicolagianaroli2024
      @nicolagianaroli2024 ปีที่แล้ว +1

      It means that you have a data-base which faithfully capture the details of all the transactions. This database is replicated in many copies which can be found stored in the nodes which made the network . As a result that means you can trust 100% the info contained in the database and no central authority is charged with the task to update and maintain such database

    • @GrandmasMallCrawler
      @GrandmasMallCrawler ปีที่แล้ว

      the government cannot have monopolized control of our money

  • @brenchomsky3515
    @brenchomsky3515 ปีที่แล้ว

    if cryptocurrencies with its blockchain still got hacked, how much more with CBDC ?

  • @middleages488
    @middleages488 ปีที่แล้ว

    Nothing better than cash.Backed by gold.All the rest is fiat and virtual reality.

  • @rpietryk4690
    @rpietryk4690 ปีที่แล้ว

    I see skimming everywhere it needs to stop so I can help register warranty no cigarettes

  • @65zits
    @65zits ปีที่แล้ว +3

    Lets start a new marble currency, and tell them to gargle balls

  • @brenchomsky3515
    @brenchomsky3515 ปีที่แล้ว

    Hackers will have a feast !!!!

  • @karen46600
    @karen46600 8 หลายเดือนก่อน

    I guess we need to TALK TO THE JAPANESE TO VOTE IT DOWN CBDC

  • @dannypickering7360
    @dannypickering7360 ปีที่แล้ว

    another supposed conspiracy coming true, total control

  • @rubyfall171
    @rubyfall171 ปีที่แล้ว

    Never going to succeed.

  • @undftd28
    @undftd28 ปีที่แล้ว +1

    finally even playing field no more nice cars for my neighbors!!! let’s go CBDC

    • @johnhenryredcloud3187
      @johnhenryredcloud3187 ปีที่แล้ว +2

      It's the biblical beast system!
      I'll be no part of that.

    • @cajunstacker1376
      @cajunstacker1376 ปีที่แล้ว +3

      Not only will they tell you what you can and cannot buy. It will have an expiration date on the money to stop people from hoarding money for the future.

  • @wrathmor1834
    @wrathmor1834 ปีที่แล้ว +1

    Buy xrp. All platforms switching to iso20022 tokens.