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I feel like one day, central banks are going to be attacked by private banks and the means of attack will be cryptocurrency. The aim will be to get rid of centr

by hkt 8y ago

I feel like one day, central banks are going to be attacked by private banks and the means of attack will be cryptocurrency. The aim will be to get rid of central bank deposits and seize control of the payments system - once the central bank deposits are gone and we're cashless, this will become easy. They could even base it offshore to avoid consumer protections. If we're lucky when this happens, it will be a test of the remaining power of nation states. If we're unlucky, they'll roll over as the most basic means of exchange is privatized.

RanInt1111 8y ago
Pardon the displeasure, but that sounds utterly naive. Sure, the elite that control ever more with every passing day are just going to accept a distributed financial system that threatens their ultimate goal, world domination by a neo-aristocratic master class that lords over the mixed master race of peasants they created through "diversity" and "equity"? The far more likely scenario of the "cashless" society, aka, slavery, is that "laws" will be "passed" that make unapproved, aka, uncontrolled "currency" illegal. Your life and your worth will be nothing but a number on a screen, if you are worth anything at all once automation and robotics and AI make humans lose inherent value. There is no point in humans in a de-industrialized, post-human future of the master class served by robots and a few flesh servants.