They / them

  • 112 Posts
  • 150 Comments
Joined 11 months ago
cake
Cake day: October 30th, 2023

help-circle



  • I don’t really understand the bénef of a central bank digital currency.

    It benefits the 1% of the population by controlling all the rest of us. It’s a two-tier system (retail CBDCs and wholesale CBDCs) and this is something that is rarely mentioned in mainstream articles.

    Retail CBDCs will be linked to your digital ID and your digital wallet, and even tho the implementation may differ from country to country (i.e. Sweden’s e-krona vs China’s digital Yuan), the thing that will be common is that a centralised entity, will have total control of your digital wallet, including your ID & money.

    When the conversation is about wholesale CBDCs, the talk is about how to make things easier for bank interoperability as well as how to facilitate the super-rich.







  • South America has issues with colonial border since the europeans colonisers left, and later on also due to US intervensions. Nicaragua has additionally a horrifying past from the Sandinistas revolution -supported by people from all over the world- that succeeded and turned authoritarian, as they do. Not that long ago. Many people who fought in it are still alive. To my understanding they still suffer the consequences.

    In order for the US-backed state of Israel to stop killing and starving civilians and children, all other countries need to demand it by diplomatic pressures, economic sanctions, boycott etc.