Sweden first with national digital currency

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This topic contains 14 replies, has 13 voices, and was last updated by Won'tGetFooledAgain  Won'tGetFooledAgain 3 years, 2 months ago.

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  • #350793
    +2
    Y_
    Y_
    Participant
    4591

    Alternative methods of payment have been gradually replacing traditional cash in Scandinavian countries. The Danish government is considering the option of going completely cash-free for the country’s shops and services.

    https://www.rt.com/business/367141-sweden-digital-currency-launch/

    #350796
    +7
    RoyDal
    RoyDal
    Participant

    May I ask, who owns the computer the currency resides in?

    Obviously a rhetorical question to highlight the dangers of completely giving up cash.

    Suppose you don’t want your girlfriend to know where you were for a few hours? Obviously you spend cash, but you don’t use a credit card or other instrument that generates online receipts.

    EDIT: Privacy is not the only issue. Suppose the computer owner takes a dislike to you. All they have to do is delete your account, and perhaps divert your digital money into their digital pockets.

    Society asks MGTOWs: Why are you not making more tax-slaves?

    #350800
    +3
    John Woods 13
    John Woods 13
    Participant
    2855

    And now, grab the popcorn and watch the price of gold and silver. Gues what’s going to be illegal to own next!?

    The answer is NO. “I could but I won’t”. Memini murum!

    #350802
    +1

    Anonymous
    42

    -666-

    #350806
    +7
    Freeman_K
    Freeman_K
    Participant
    3524

    Cashless society is the fasters lane humanity can pick towards nightmarish dystopian world.

    Digital currency directly attacks personal freedom. It is a huge no no no. As mentioned above what if you say something against the political party that controls the “bank” ? You are erased from the system overnight, guilty or not. What is powers decide that mgtow goes against their profit ideas ?

    Cashless society is the biggest threat freedom loving individual face to date imo.

    The choices we make, not the chances we take, determine our destiny

    #350833
    +2
    John Woods 13
    John Woods 13
    Participant
    2855

    The king is dead, long live the Hive!

    The answer is NO. “I could but I won’t”. Memini murum!

    #350867
    +1
    Solid
    Solid
    Participant
    7520

    Digital currency is something good for places like where I live, where the commies get everything that you own, that currencies would be the only thing that they won’t be able to get from you.

    But for developed countries like USA, I think that is completely stupid replace it. Don’t get me wrong, I have some bitcoins as my B plan, I like it, but I can’t see it as a mainstream currency. There are so much trouble into making it scale, that I don’t think that it would be a good idea

    #350885
    +1

    Anonymous
    11

    Alternative methods of payment have been gradually replacing traditional cash in Scandinavian countries. The Danish government is considering the option of going completely cash-free for the country’s shops and services.

    https://www.rt.com/business/367141-sweden-digital-currency-launch/

    Sweden, where else? the place where every tyrant was stashing the money they stole in WW2. Sweden, a banker’s paradise. I guess their money aint’ no good no more. So now that has earned them complete trust, so now you don’t open a safe, or reach into your pocket to see how much money you have, you as the computer, so now when they steal all of our money, there’s nobody to blame except a computer, and nobody to shoot except a computer. Does anyone think the bakers will not take advantage of being able to be an anonymous thief, knowing these bankers already robbed us for trillions of dollars in broad daylight, while having their pusses broadcasted all over television everyday?

    #350905
    +1
    PistolPete
    PistolPete
    Participant
    27143

    Gues what’s going to be illegal to own next!?

    Exactly, so all these people thinking they can protect themselves from the collapse by buying gold silver—you are in for a big surprise.

    #351008
    +2
    Uchibenkei
    uchibenkei
    Participant
    7965

    First they took our gold. Then they took our cash.

    I bathe in the tears of single moms.

    #351009
    +2
    Jan Sobieski
    Jan Sobieski
    Participant
    28791

    No paper money means you can’t pay cash under the table.

    You can’t buy something at a rummage sale without paying taxes

    You can’t pay a babysitter without payroll tax.

    When the banks charge you to store your money, you can’t take it out. Negative interest rates are comming.

    Love is just alimony waiting to happen. Visit mgtow.com.

    #351030
    +1
    PistolPete
    PistolPete
    Participant
    27143

    No paper money means you can’t pay cash under the table.

    As a small time gunsmith I’m cash & carry only. The guy that mows my lawn—cash only, the guy that works on my car—cash only. They think if they eliminate cash the under the table market will go away—WRONG we will to a barter system.

    #351039
    +2

    Anonymous
    3

    Well, they cannot stop people from using foreign cash like Euro banknotes or similar. Digital currency can be effective and fast in many ways, but a nightmare regarding privacy. If I were them, I’d only force companies and entrepreneurs to use digital currency, so that they cannot cheat their taxes. But after taxes are paid, why not spend the money in private incognito mode?

    #351331
    Xlrsnbrg
    xlrsnbrg
    Participant
    1786

    It depends on how it works. If it’s like Bitcoin, you can keep it yourself, no need for a bank.

    A man shouldn't make his life's objective to be on the side of the majority, but to avoid finding himself in the ranks of the insane. (Marcus Aurelius)

    #351755
    +2
    Won'tGetFooledAgain
    Won'tGetFooledAgain
    Participant
    3293

    No paper money means you can’t pay cash under the table.

    You can’t buy something at a rummage sale without paying taxes

    You can’t pay a babysitter without payroll tax.

    When the banks charge you to store your money, you can’t take it out. Negative interest rates are comming.

    These are the real reasons the government want a cashless society. The government hate money horders, they want to stop you having access to your own money. They have lowered interest rates and printed lots of money to encourage everyone to get massively in debt. Last thing they want is for money hoarders who are not playing ball with the plan to have control of their own money.

    So the final plan to destroy savers is to introduce negative interest rates so they can slowly but surely steal your savings away from you. It is already practically impossible to take your money out of the bank if you have a large amount stored. If you go to the bank and try to deposit or withdraw more than $5000 the bank will lodge a Suspicious Activity Report with the police.

    So potentially you can receive a visit from the police, be put on a terror watch list, and/or have your assets seized for doing nothing other than simply withdrawing your hard earned cash from the bank.

    So the governments try to convince us how wonderful a digital currency is and how much easier it makes our lives while taking yet more freedom away from us.

    For women, everything eventually boils down to Alpha Fucks, Beta Bucks.

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