Loading ...UK – Britons face 20,000 digital pound cap under Bank of England plan
Britons would be limited to 20,000 digital pounds ($24,000) each if the country goes ahead with a digital currency, Bank of England Deputy Governor Jon Cunliffe said on Tuesday.
Money above the cap would be “swept” into a customer’s commercial bank account given that a digital pound would not be a means for storing wealth, he told members of UK Finance, a banking industry body.
Reject the CBDC. Use cash instead.
So whats the point of this CBDC ? It’s “Money” that you have to spend or it expires ?
Such a deal …just say NO THANKS
reject reject reject
Agree with all three comments above, but, this is how they gain a foot in the door. They already condition you to “use it or lose it”. Later when they increase the amount and get rid of the rest of your bank account and finally the third step the “coup de grace” is when they remove currency. This is going to be done in stages like boiling the frog in a pot of water. Why everyone above is correct, reject it from the beginning. I am afraid the only way it gets defeated is the world’s hackers get together and hack the shit out of it.
And Oh Yes…They WILL
🙂