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France is preparing the groundwork for the CBDC (Patreon)

Published:
2023-04-07 15:36:58
Imported:
2023-04

Content

The primary objective is control and surveillance, with the restriction of significant cash transactions being the initial move. However, even EUR1000 is not considered a substantial amount, representing a small step towards complete authoritarianism.  

The pace at which this is happening is cause for concern. 

The integration of Digital FIAT, CBDC, and control, which would lead to enslavement, is a plausible outcome. I don't intend to sound alarmist, but all evidence points to a potentially bleak and dystopian future.

The answer is people working peer to peer finding a way in a decentralized manner to transact accordingly - just like black markets operate. When there is a will, there is a way. 

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Comments

Anonymous

Same limit applies in Spain since 2021...

Anonymous

Merde :(

Anonymous

I think the pace reflects the state of the €.

Anonymous

That means we are all, or at least some many millions of us becoming, at least in their view then, criminals. Will then come a time we must move crypto like BTC Into a digital FIAT to be able to survive in that CBDC anywhere. Woohow.. that is a very bleak future. By rhe way these cash limits are being placed everywhere in Europe as far as I am aware of.

Anonymous

James, are we allowed to copy your comment above (under "France is preparing the groundwork for the CBDC") to other blogs, and attribute it to you (James at InvestAnswers) with a link to your youtube channel? I participate on other blogs (current events news blogs mostly), but sometimes things we talk about here (like above) would be of interest to people on other blogs, so I wanted to ask if we have permission to copy/post your comments here with attribution. I didn't see anywhere here on the site here that addresses the question one way or the other. Thanks!

Anonymous

In Greece it is illegal to pay more than 500 Euro. And this has been in force for some years now.

Anonymous
>>105883336

That's insane. It means the Greek People are slaves (or effectively children, wards of the state), forbidden to spend their own fiat as they see fit. They are not allowed (not allowed by whom?) to spend their own fiat. This is tyranny. To accept tyranny is insane, because acceptance of tyranny only guarantees more of it.

Anonymous
>>105880148

''That means we are all, or at least some many millions of us becoming, at least in their view then, criminals.'' The gov't are the criminals, and everyone should view them that way. In America, We the People created the Constitution, so We the People are above the authority of the Constitution, because it is not possible for the Created (the Constitution) to be greater than the Creator (We the People). The Constitution created the government, so the government is not above the Authority of the Constitution, because it is not possible for the Created (the government) to be greater than the Creator (the Constitution). So We the People are superior to the Constitution in Authority, by definition. We the People CONSENT to governance by the Constitution. And the Constitution is superior to the government created by the Constitution. The purpose of the gov't is to serve the People, not the other way around. The Declaration of Independence clearly states that if the government becomes tyrannical (i.e., despotic), it is the right and duty of the People to ''throw off such government''. Excerpt, Declaration of Independence: ............................................... ''We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness. That to secure these rights, Governments are instituted among Men, deriving their just powers from the consent of the governed, That whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government, laying its foundation on such principles and organizing its powers in such form, as to them shall seem most likely to effect their Safety and Happiness. Prudence, indeed, will dictate that Governments long established should not be changed for light and transient causes; and accordingly all experience hath shewn, that mankind are more disposed to suffer, while evils are sufferable, than to right themselves by abolishing the forms to which they are accustomed. But when a long train of abuses and usurpations, pursuing invariably the same Object evinces a design to reduce them under absolute Despotism, it is their right, it is their duty, to throw off such Government, and to provide new Guards for their future security.'' .............................................. despotism noun 1) Rule by or as if by a despot; absolute power or authority. 2) The actions of a despot; tyranny. 3) A government or political system in which the ruler exercises absolute power.

Anonymous

In the transition to BTC use/uptake I am thinking that having cash on hand will be important for daily life transactions? Or will it be CBDC only & cash worthless? What happens in that transition phase?

Anonymous
>>105883336

Unfortunately, we have been the ginuea pigs of Europe. Let me tell you something more interesting that probably nobody knows (even some Greeks). The equivalent IRS of Greece is not controlled by the Greek state but it is an independent authority and many of its members are appointed by the EU. Also they have recently sold all non-serving housing debts to vulture funds for pennies of a dollar, without even trying to make a similar settlement with the borrowers. But hell, EU means democracy right and Putin is the authoritarian leader.

Anonymous

A bag of cbdcs is like a bag of something else.

Anonymous

It makes me think "don't cash out all your btc just in case." I notice what I am thinking often plays out in other low pay investors. Maybe we aren't all that different?

Anonymous

Jesus is the light 💡

Anonymous

Australia made it illegal for us to transact $10K in cash years ago, to counter money launderers. This is an attack on citizens, but crim's take shopping bags full of cash to a Casino or Bank to launder and our useless Gov't regulators (Public Servants) somehow did not know?

Anonymous

Viva for the Black Market...There is always a way around. When I sell my Car i want Cash or BTC...

Anonymous

The French people need to dust off and sharpen up the Guillotines. Got to give it to the French they take much less 💩 than we do here in the UK. There protesting macron that wef sock puppet. He will be the next leader to go. He will get a cushy job with the EU or UN. "When there is a will there is a way" I hope enough people have the will. Most people I know will just accept everything.

Anonymous

We should be alarmed, at the least be prepared. The majority of society are not the beneficiaries of government actions and laws, but the providers of benefit. Lobby, peacefully protest, vote, relocate. I'm not pro CCP but the world is following much of what they do to oppress their people. Crazy times.

Anonymous

So the politicians who vote this stuff in…do they get to be exempt from the system itself? Are these lizard people or what? Why would these politicians allow this to happen to their friends and family?

Anonymous
>>105880148

Dude, no disrespect, but constitutions usually get distorted and slightly overruled by subsequent laws. Back to my comment: we all will be criminals because CBDC are ruled and governed by governments and their laws. The whole idea of CBCD is to fight corruption and money laundry, which will never really work, and su much control it will be us as black marketeers swith all other crytpos and our need to use CBDC in order to swap our BTCs into Fiat or digital fiat. Enough politics. It is Easter and let us all try to recover our losses and make some profits and have a wonderful Easter. :)))

Anonymous
>>105896676

The UK is focusing too much on the outcome (strikes for pay rises) as opposed to the cause. In fact very few people (if any?) are genuinely protesting the cause globally. Trudeau made me chuckle (not in a good way) as he basically gave everyone, including those who had no idea of the controls that were coming, the blueprints of what’s ahead. I’m sure his truckers response was not appreciated by other heads of states. But damn he did a good job of giving everyone the heads up on what it’s going to look like.

Anonymous
>>105905141

The link between politicians and narcissists is frightening. I doubt they really care, not forgetting they have the heads up on what’s coming, the loopholes and can protects themselves in the process.