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re: Central Bank Digital Currency already green lit by SCOTUS

Posted on 5/19/24 at 6:45 pm to
Posted by lake chuck fan
westlake
Member since Aug 2011
9302 posts
Posted on 5/19/24 at 6:45 pm to
quote:

quote:
quote:
Soon they will be able to SEE your bank acct in real time.

Soon?

Try 30+ years ago


I've spent my entire career in banking. They can't see your accounts in real time.


The government will be able to control what and how much money is spent on anything.

A gas shortage? Nobody is allowed to spend more than a predetermined amount of money on gas. The government will have complete control of that.
Posted by TerryDawg03
The Deep South
Member since Dec 2012
15838 posts
Posted on 5/19/24 at 8:42 pm to
quote:

The government will be able to control what and how much money is spent on anything.

A gas shortage? Nobody is allowed to spend more than a predetermined amount of money on gas. The government will have complete control of that


I fully understand the dangers of CBDC and am completely against it. I was pointing out the fact that the government doesn't just have access to your bank account records, especially not live access. They have to subpoena them, despite what SFP was saying.

The only thing they can do is garnish wages.
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