Yeah the where they openly admit there plans and meet virtually at the moment every 3months to discuss how there going to make this happen by 2030 LOL Notice, the Slogan's " Build Back better ", " You'll own nothing and be happy" and others make it into the BBC news frequently aswell and likely others. LOL
You know it'll just be the relatively stable current US $, not some crazy bitcoin, it'll just be that there is no access to cash everything will be electronic and traceble, just like in China, where I don't think Cash even exists! Learn Chinese and Learn to live on real chinese food, not what takeaways sell you, way more basic, pretty much just rice with some flavoring if your lucky
That was an example of how money, besides the paper kind, has existed long before cryptos came on the scene. It's all good.
Supposed to be buying via phone app only, your purchases affect your social credit score which affects your life and what you can and can't do, similar here CO2 useage based score Barclays option on there credit cards so far.
That social credit score is s*** is just despicable in my opinion. It's my life and I should have the right and the freedom to think however I want and I shouldn't be forced to conform in an artificial way by the government. And this is why no matter how rich China is, I would never want to go live there.
Neither does VicBee wants to ever live in that shit hole again. Why you think they all flocked to Singapore, HK, US, Australia, NZ, Canada... Because life in China is unbearable.
Problem is China is coming to you / me some places quicker than others, south Ireland is pretty much there already. They've won ww3 already without a shot fired just huge debts owed to them and they've just bought us all out and forcing governments to move to there way of life. Wouldn't be surprised if these vaccines that don't work virus wise the RNA 1s few generations and the kids will look chinese, no other use for them after everyones already had it and a very small percentage has died.
And that's why their digital yuan is concerning because anybody who chooses to do business with China will be forced to deal with the digital yuan and all those social credit s*** that they put in the digital yuan. So basically you will have no choice but to be forced to conform to their values and beliefs that's implemented through their digital yuan. Inventing this digital dollar is one way to combat it but not really a guaranteed effective way. So this is why I say the future is the battle of the digital currencies.
Look dude, the US had their chance and probably still have. But they turned from a crowd of hard working and humble people into a bunch of arrogant whiny bitches. China inovated while the US was screaming and kicking over how bad Bitcoin is and how it could be regulated. The US should have taken the chance and lead the development of CBDCs Wait another 5 years and the entire African continent will pay in Digital Yuan.