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0 sats \ 3 replies \ @ElectronicsQuestions 2 Dec 2023 \ on: Threats posed by the proposed EU integration of digital ID and CBDC meta
The law is already passed, I don't remember when it should be in effect in all the countries, but within very few years. It is voluntary though, so everyone should be able to resist, no matter how law abiding they need and want to be. The problem will probably be incentives - it's not hard to imagine that they'll make sure to make it complicated to live without it and/or some kind of benefit to those who have it. Neither is it hard to imagine that it being voluntary is only temporary, but for now it is.
I could say that the most important thing going forward is to resist getting it, but I'd be preaching to the choir. That message somehow needs to be spread to the idio-Hrrm, masses, I mean, in a form they understand and act upon.
Don't worry about this. The day they plan to introduce their CBDC the Eurozone will be dead.
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eID is a problem even without a CBDC though. "Login with EU-eID to access this website" as ubiquitous as "click here to accept cookies" is not a good future. Especially combined with AI.
Not in a "i don't believe you" way, just curious: how do you think the Eurozone will die? What do you think will replace the euro? Famine and fights? National currencies? Dollar? Bitcoin? Shitcoin? Other?
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Oh, I think we would need a videocall to reflect on that. But what I see is a totally rotten banking system, high public debt, a recession, the friction between north and south, the Davosian problem, uncontrolled mass migration, a demografic collapse, capital flight. I don't know.... but for sure the USD will survive the Eurozone. I see a split coming and a type of north/south euro-system. Italy can easily kill it by exiting (Target 2 problem for the undercapitalized Bundesbank). Puh.. I don't know... try to by BTC...
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