Quote:
Originally Posted by pittman
Maybe they'd just like to save the pile of cash it takes to produce the paper money? Or enable a system that's more efficient than a wad of paper that you can lose and is easy to counterfeit.
Ask yourself, why would they limit how much you can spend? That could cripple the economy. Why would they make money that disappears. It'd have no value and would cease to be traded.
Anyhow, this thread reads like paranoia. Sounds stressful to be in your heads. Maybe get help?
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Maybe you need to do some more research on what a Canadian bank digital currency could mean.
It has zero to do with save the pile of cash and everything to do with control. Every purchase you make goes directly to the government for tracking. They know where you are, what you are buying. What happens when "they" dont agree with your purchasing tendencies and cut you off. Your money now becomes a coupon. By allowing a centralized digital currency, we forfeit everything to control.
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