HACKERS …” CHECKS AND BALANCES”
Ha
I have a young genius computer geek acquaintance . I asked him if he has heard of Central Bank Digital Currencies . He said yes he has . Apparently there is a clandestine group of geeks just chomping at the bit to have a crack at this when it’s implemented. I asked him what he meant
He said…well NOW hackers try to take money OUT of your account…but these guys strongly beleive they will be able to…PUT DIGITS (MONEY) IN YOUR CBDC ACCOUNT…and also be able to “scramble” your purchase to fit any “quota” or “restriction thresholds”
Stay tooned…where there’s a will there’s a way
IMHO Before they can ban cash…they will have to prove the damn CBDC actually works for a couple years…If these Hackers have anything to do with it…IT WON”T
Hey …if you can print Meat..you can print ANYTHING 🙂
Yes, it is going to be hacker guerilla warfare against the CBDCs.
Govts and central banks do not stand a chance of winning this game.
Same with digital IDs. A black market will undermine it.
Devices to stop facial recognition are already on the market.
No matter what they try and force on us, there is a way around it.
How fucking stupid and arrogant are they to think you can have ONE platform for the whole world to “control” financial transactions !
They really ARE Morons !
Assuming they get where they think they have a failsafe system..all it will take is one geek in his mother’s basement to crack the code and shut down the whole world
🙂
You raised some good points, but what if they achieve their goal of banning cash, by not actually banning it but making it totally worthless. If they accelerate the continuous debasement of the currency to say levels of Zimbabwe or Weimar Germany they accomplish the same thing. You will only have two choices, their new repriced CBDC and physical gold and silver