WEFwoof

4 ms·

1.
by WEFwoof 6y ago
Thank you for the link! Indeed it was Carstens and not Georgieva (as I wasn't clear in my other comment).
2.
by WEFwoof 6y ago
In the context of the post/video, I'd say the social credit system (the "calories card"). If you abuse the resources, your card gets zeroed out, and you're effectively banished from society. In the example of the ca
3.
by WEFwoof 6y ago
Rather privacy as there can't be a direct connection between you and each one of your transactions, nor can the ECB refuse and cancel transaction of yours or completely exclude you from the system altogether. The former is almost a giv
4.
by WEFwoof 6y ago
Exactly, like we didn't have a life of leisure to spend it in cultural pursuits after the 1950s. Ah, well, perhaps when the robots come to serve, and until they revolt.
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by WEFwoof 6y ago
The transition can be done quickly enough, though probably not overnight in Europe (like with India's overnight demonetisation of the 500 and 1,000 Rupee notes). In the current climate, where we're all ever so slightly microbiopho
6.
by WEFwoof 6y ago
Just because the central banks issue the money, it doesn't necessarily mean that they also have to handle the transactions. The current state of merchant banks and payment providers can very well continue, without CBs having to assume
7.
by WEFwoof 6y ago
> I don't like where we're going. Me neither, not at all. The idea of a digital Euro is already worked on: https://www.ecb.europa.eu/euro/html/digitaleuro.en.html Obviously, it's an "inclusi
8.
by WEFwoof 6y ago
"Welcome To 2030: I Own Nothing, Have No Privacy And Life Has Never Been Better" https://www.weforum.org/agenda/2016/11/how-life-could-change... Some people call that utopia "technocratic colle