/leftypol/ - Leftist Politically Incorrect

>>469054
>I'm kinda wonder about the privacy aspect.
You should, given that multiple WEF officials have stated that it's explicitly about controlling people.

you can't even buy crypto without ID today

so the whole idea is pointless since its no better or secure than credit card

there's monero and other alternatives but you immidietly labeled criminal even if you mention it. so nobody uses it anyway

most likely it isn't perfect either

while interesting current gen of these currenties and applications are 'hoaxy' so its pure speculation or something

i have read a very good article in some anarchist joournal about these currencies how they were created out of some schizo ideas of the 90s

bitcoin obv. wasn't even remotely first currency and it was just engeenered or whatever

actually very good article on history and concepts that makes it pretty clear lmao

Oh lol Dickblast is part of the club. Interesting angle he played.

>>469055
The WEF's "you'll own nothing" is like the total oppposite of socialism.

There is basically 3 types of property: personal, public and corporate property
In fully realized socialism there would be only personal property (like your stuff) and public property (like roads).

The WEF wants that corporate property replaces all personal and public property, and everything becomes a subscription to a rental service, and the only way to own your stuff is via "manual liberation".

I suspect that what Cockshott has in mind doesn't really involve anybody from the WEF tho, he sees Central Bank Digital Currency as a way for nation states to regain power over finances. Currently the Bahamas, Nigeria, Russia, Thailand, Malaysia, South Korea, the United Arab Emirates, Saudi Arabia and 7 Eastern Caribbean Union countries, have a central bank digital currency. China is working on one but it's not yet rolled out. So I guess we should look at what effect it has in those countries.

I see a potential problem because CBDCs might be ab/used for blocking the finances on the basis of political disagreements, that would cause it to fail, because nobody trusts banking that could just be turned off. In order to prevent financial which-hunting they would require very rigorous privacy features.