GenericUser @ GenericUser @lemmy.ca

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2 yr. ago

Really...? Your stated approach didn't work for some people who simply donated to the freedom convoy did it? Do you know why your approach won't work, because the mainstream media does what the Liberals want. The refusal to give back the power to freeze your bank account which they unjustly took for themselves during the "Emergency" Measures demonstrates a willingness to use peoples money to quell dissent, this CBDC push is just the next logical step. Your hoarding cash argument is an utter fallacy since any amount of cash being hoarded is minuscule compared to the amount being electronically hoarded in offshore accounts by the rich and corporations in tax havens not to mention the tax loopholes. And it is becoming increasingly like China here. I can only hope that if this CBDC comes into play that you and everyone else supporting this get caught up in it and have your cash frozen so that you cannot pay your bills or feed yourselves simply for saying something the government didn't like.

now you have the upper gov level to inquiry, file law suit or Freedom of Information request. Just find out who give the order to cut you off from financial system. make some news and see the distrust destroying their control over night/week. Whoever push to cut you off to make you example off will deal more damage to the entire economical system than damage to you. It’s not China here.

Well this statement didnt age well

This a calculated move, but on the part of the Federal government, not google. It's not about CanCon or newspapers and news sites/networks being paid for their linked content, it's about slowly eliminating access to information that the federal government doesn't control

Your kidding...right? Very very few people are complaining about average citizens money laundering or tax evasion cash deals. Beside the really big money laundering and tax evasion is being done by big corporations and they are already verifiable, and in the case of the TE it's bloody well legal because of tax laws set up to help corporations. In relation to money laundering big corporations when they do get caught, they get a slap on the wrist. This can and will be used to monitor and control how you use your money...period. And if you step out of line, it will be used to shut you down.

The article cites some very good points, The government could indeed control how your money gets spent and they could and would effectively shut you down as a functioning member of society if you got on their bad side. Let's be clear I am not saying that only the liberals would do this,I'm sure the Conservatives or the NDP wouldn't roll this back if they came to power and they had the ability to control your pocket book. No politician gives back a new power when they get it, despite any special situation requiring the power ending. No, the liberals wouldn't be the only party to use such an ability, but they are the party the had the trial run. As for the "need" namely mitigating two potential future threats of the mass adoption of external currencies and the next financial crisis. Precisely how easy is it to walk into a store and pay for your milk in bitcoin, or to pay your electricity bill with Yuan...the answer is you can't so that first argument is basically smoke and mirrors. As for mitigating a financial crisis...if the same people who control our current fiat currency also control any potential digital currency...l am unclear as to this mechanism of mitigation will work. Cash is king but cash is also anonymous meaning you can spend it on what you like or give it to anyone you want...and the government gets no say. With digital currency that all goes away.