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Do people remember when companies in the past provide his own currency to control people them own? Because he have your money, he own you.
by mamcx 10y ago
Do people remember when companies in the past provide his own currency to control people them own?
Because he have your money, he own you.
- marcosdumay 10y agoWell, governments stepped on it, and moved the point of control a notch above. What is unsettling is that governments could create a digital payments system that didn't depend on any single authority. This would be convenient enough that I can't imagine it not gaining the entire market (even from cash), and making this move much more palatable. This would be a much easier way for govs to get their so desired universal surveillance. Yet none is doing that. Why?
- creaghpatr 10y agoBecause the government needs to print cash to pay off debt, that's why the Federal Reserve exists.
- marcosdumay 10y agoI'm not talking about Bitcoin. I'm talking about the government issuing digital money. To make it clear, I don't think it's an entirely good thing, but it would be a much easier path to the kind of surveillance they want to create.
- morgante 10y agoMost money is already digital.
- marcosdumay 10y agoMost digital money is not government issued...