At the moment whatever you call a pound has no value except what others place on it, so I don't see the difference. All money today seems to be just like selling debt from one organisation to another in any case. It only works because you believe it can have some value, whereas in fact its not tied to anything stable in real value at all. Brian
I think what is concerning the nutters is that they think the digital pound is completely going to replace physical money and that would, they think, allow the government to track their spending habits. Presumably, these are people who have no credit or debit cards and only pay for things with cash, which they keep under their mattress.
you mean like me.....
"Track" is, as you say, irrelevant, everyone already knows everything you do with money cards and loyalty cards. It's *control* that concerns some people.
The idea that a 'democratic' government could basically put most of the population under house arrest, and forbid some purchases, would have been seen as crazy even five years ago. We now accept it as routine, and we don't care if the WHO can do it independently of governments either.
It's not now very far-fetched to see a China-style social credit system in the 'free' West, along with total control of permitted spending by civil servants, not even 'elected' representatives.
Whatever means of control and coercion that become technologically possible *will* be done by governments, and again I don't mean the elected figureheads.
There is in fact one of them, currently mostly posting in misc.phone.mobile.iphone under the nick of Andy Burnelli who used to post as Arlen for a long time and who changed his nick repeatedly. Has no cards at all, only ever used physical cash and refuses to have anything like an apple or google or microsoft id and changes the mobile phone MEID daily.
It is in fact easy to work out who he actually is given that he has said where he lives and has implemented a large wifi net with surrouting houses given that the mobile tower coverage is poor where the houses are.
Brian Gaff snipped-for-privacy@gmail.com wrote
Their objection is that without physical cash, the govt has full access to all your transactions and they claim that the govt will be wagging their finger is what you consume has sugar in it etc.
The govt still knows about everthing you do because they have facial recognition on all cash registers and has dick recognition embeeded in all those haggises you keep raping.
That took some doing given you microdick.
BULLSHIT and nothing like that happens in the first world or even in china or North Korea.
You are completely off with the f****ng fairys, as always.
And a digital pound is completely irrelevant to that anyway.
BULLSHIT.
All the card machines now report back every-time the tracking chip inserted with the Covid vaccine is detected. You only need to be in close proximity to the card machines. When using cash the total rung up on the till is also transferred back to HM Gov control.
Even your smart meter can read the Covid inserted tracking chip!
OMG! - should I remove the chip with an angle grinder or will a Stanley knife do the job?
Yes, in the UK we came off the 'gold standard' in 1931. Nevertheless politicians here tend to talk about 'balancing the books' and so on as if we were still on it.
If you have had the booster jabs you may have more than one tracking chip :( Much easier to wear a tin foil arm band (on both arms).
OK - thaks for the tip.
I don't see how it differs from paying for stuff with a card or transferring funds online.
Max Demian <max snipped-for-privacy@bigfoot.com wrote
It clearly does if you are actually stupid enough to use cash.
haaaaaaaaaaaaaaa
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