What's your take on the various CBDC initiatives around the world? Are you also skeptical like I am that they'll even be successful?
@TheUntaintedTreble
Жыл бұрын
Each of them has their own view on CBDCs? 🤣🤣 That's when I stopped watching the video. The tiny hat club influences all of them. Atleast in the G7. (Possibly everywhere else too since the tiny hat club has banking influence in every country known to man including china but let's not get too conspiratorial here). If you're going to choose to ignore verifiable data to point out imaginary inconsistencies nobody will take you seriously. Also, western government is, in fact, only interested in robbing you blind. You only need to look at the tax structures in developed nations (and blindly copied by dmb ass loan needing undeveloped nations) to understand this. IT followed by ST followed by GST taxing already taxed money again and again and again. Now you're going to tell me they have a way of 10xing their tax revenue and they just going to let it slide? 🤣🤣🤣 I could make a whole video about how ignorant of verifiable realities you have to be to come up with such nonsense but I hope my comment is enough to wake your blind self up
@xi.amaru.aboriginal.TAMERiKAAN
Жыл бұрын
Sound like u was pay to say dat. Any one can search th net can se u r lying 🤥
@mikesworldadventure6665
Жыл бұрын
The " beast system " is being prepared for Antchrist to have the power to control the buying and selling in the future
@francineharris9473
Жыл бұрын
Thy will be tricked into it without knowing it because they know this
@icu8itall273
Жыл бұрын
@@francineharris9473 Probably start universal basic income ONLY with CBDC and the young snowflakes will run to that CBDC
@xxii8091
4 ай бұрын
The beast system puts a mark on your body. Even if you had $3 million it wouldn't matter if you don't get the mark. CBDCs are a form of total control
@hyperborean2576
Жыл бұрын
No, each of them does not have their own plan when it comes to a CBDC. They might have slightly different details depending on specific region needs, but at the very core they will be the same. Because the WEF and many powerful people are trying their best to have an unofficial world government (where a few shareholders control everything, "Shareholder Capitalism"), and CBDC's are a fundamental part of it. Because a CBDC will be a part of a digital ID system, which will also be your passport. It's a centralization of information on a global scale. They don't expect people to adopt this technology simply because of convenience, so they will surely devise some kind of crisis where we will be forced to start using it. One way they could do it is, with the rising unemployment because of AI, to start implementing UBI (universal basic income) but with a simple caveat: we can only get our "free" money through a CBDC. This is just a broad explanation and example of how things might go the next few years. The timings will be different on each CBDC, but the deadline is 2030.
@Mullet-ZubazPants
Жыл бұрын
This ain't going to fly in Japan. Japan was actually the first country to introduce mobile payments, in the 2000's, but it never caught on. A poll from two years ago revealed that 90% of Japanese still use cash as primary payment
@ApolloThyrteen
4 ай бұрын
You are tripping if you think the Japanese won’t follow. The new generation is more than willing.
@Mullet-ZubazPants
3 ай бұрын
@@ApolloThyrteenJapan's central bank already cancelled their CBDC initiative in 2022, citing "lack of interest". Cash is still king in Japan
@dm95422
Жыл бұрын
"You will own nothing & you will be happy." Claus Schwabb, WEF
@icu8itall273
Жыл бұрын
Cause we will be dead.
@deejayzack100
Жыл бұрын
You can't force anyone to use CBDCs. I think we will experience another Blackswan event ( Blackout maybe)so we will be forced to use the CBDCs. Just like what happens with us as we experienced the Plandemic and everyone got the JAB! We was forced indirectly!!
@toaccgiadb
11 ай бұрын
It will go exactly the same way it went with the 'vaccine'. First it will be only for those that want it and then it will be enforced.
@deejayzack100
9 ай бұрын
Once they tell you if you don't obey you will get no money, then what?
@ApolloThyrteen
4 ай бұрын
@deejayzack100 Exactly, if your local grocery store says they absolutely will not accept cash, you have to go to another store but if the next one bans cash too you’re screwed.
@AprenderEconomia21
Жыл бұрын
Forget transaction costs and speed, cbdc allow for bank protection removal and a different way to rescue them in a crisis. Save the deposits, let the bank go down.
@JulienCohenMusic
Жыл бұрын
In Russia almost everything works with cash
@bronek7729
Жыл бұрын
But Russia is also planing their own CBDC
@JulienCohenMusic
Жыл бұрын
@@bronek7729 only for external trade. People will never accept it. I bought my appartment here with cash
@oren1499
Жыл бұрын
Russia putin and trump both ashkenazi jewish deepstate.
@JulienCohenMusic
Жыл бұрын
@@__Salty it's easier if youre Israeli, I admit
@suzannemckenzie7035
Жыл бұрын
You're not considering that all financial currencies and their systems go directly to the BIS, IMF and other institutions like that who are the same ones who created the current economy. 🤔
@googLi-mm1id
Жыл бұрын
I think the problem lies on the vision of cashless society. When the central gov will declare fiat paper money is no longer legal tender. But we'll see how will the normal public response.
@jessiemartinfostersr.6067
4 ай бұрын
Like Germany charged a 15% sir charge to exchange to euros or marks ... when exchanging US Dollars ...
@brit-marit
7 ай бұрын
WEF has lost - they are going down! 😎💥💥
@lafim2036
Жыл бұрын
No mention of FedNow?
@Gioxtream
3 ай бұрын
Hey Coinsider.........Could you tell us what camera are you using for your videos? it looks great ! Thanks.
@CaribbeanCryptoTips
Жыл бұрын
Not all CBDCs are the same... you have whole sale and retail CBDCs.. also they can be private.
@psalm3745
Жыл бұрын
Cashless is the ultimate goal for all nations govt want to go for CBDC system.
@altenberg-greifenstein
4 ай бұрын
Illogical. USA has the same acceptance rate as Europe, BUT Europeans use about 75 percent cash, making people a lot more averse to cash being taken from them than Americans who use a credit card for everything, many Europeans do not even iwn any credit card and shops do not give out credit cards either, and Europeans see no sense in some second digital money replacing their already used online payments, because people feel a digital euro is not offering anything new or better, while the privacy or rather safety from having your money controlled in connection with what you say in public is a worry of Europeans. Besides, politically, there is a general basis of letting people keep their cash, exactly because it is used so much and seen as basic right. So, if anything, USA gets the cbdc and Europe doesnt. I bet, in the end, all the world will have it, but okay, just saying your research was not at all in depth.
@FrankeMourik
3 ай бұрын
Europe is not a country
@ghano93
Жыл бұрын
What about Canada? They have been working on CBDC's for awhile...
@anthonyiannozzi6777
5 ай бұрын
They think the EU will keep their privacy. That is 3 stooges like comedy.
@altenberg-greifenstein
4 ай бұрын
You believing any story anyone is telling is the real stooges thing. Nothing he said about Europe was facts. Quite the opposite.
@ericencina209
Жыл бұрын
THE LEGAL TENDER PAPER CASH MONEY OR EVEN BANK MONEY MUST NOT BE ELIMINATED, WHILE, MAYBE, DIGITAL CURRENCY MUST ONLY BE AN OPTION FOR THOSE WHO PREFER TO USE IT, BUT MUST NOT BE IMPOSED ON HUMANITY FOR VARIOUS REASONS AND PROPAGANDA AND THREATS, ETC.
@altenberg-greifenstein
4 ай бұрын
Do you feel super special and in need of attention or are you shouting at people a lot irl?
@Rein-in-die-Maas
Жыл бұрын
Bro takes Army Money cause his Yt did not blew up 😂
@Coinsider
Жыл бұрын
lol what do you mean?
@Rein-in-die-Maas
Жыл бұрын
Du dreckiger NPC verschwende nicht dein Leben, sonder kauf dir GommeHD lifetime Premium und fahre die bitches im aufgemotzten opel Meriva durch die City 😂 rein in die Määs.
@WickWars101
Жыл бұрын
😂🤣🤣🥲
@ventacode
Жыл бұрын
@@Coinsideri dont understand too?
@reverendkeithbcook
3 ай бұрын
Dan 8...2 Thess 2 and Rev 13 You are wrong..... the US is in line!!!!
@rgthomson1
4 ай бұрын
I for one would not work for money that the central bankers own, even if they ALLOWED me to spend it where i want If i am to swap labour for anything i will own it, if not i dont want it
@77space-vt8wi
3 ай бұрын
6-16-24. After watch this I'm voting Trump. It's absolutely insane to even think about to giving the government this kind of power over our hard earned money. I want freedom and green back not Dems and Europein Communism
@77space-vt8wi
3 ай бұрын
Corr: After I watched this CBDC analysis vid I'm voting Trump.
@victorsamuel2040
Жыл бұрын
I think the easiest way for people to adopt cbdc is if the government of the country are giving it out for free to encourage people to use it, in nigeria, we don't use e-naira, it rare to see people using it in my country but if it was giving freely as basic income, I believe my country people will gradually adopted it
@charmainlareau6452
11 ай бұрын
They are ALL GOING TO GO ALONG WITH IT
@Donna777
Жыл бұрын
Ripple makes the CBDCS for each country.
@BearMarketBae
Жыл бұрын
Its not cbdc until the physical paper is completely gone whats the diff between my usd in my bank that keeps moving digitally bank to bank and cbdc
@ApolloThyrteen
4 ай бұрын
The difference is, one organization will control all the banks. Also, imagine if let’s say Mao or Stalin had access to a CBDC…they would simply shut down the finances of anyone who stood against the system. Imagine. No buying bread. Not even bartering works because nothing will be manufactured without a digital trail. It is a very different system.
@MURUR1025
Жыл бұрын
Logical flaw to your argument. Ignoring the concept of incrementalism.
@carltonfindlator872
4 ай бұрын
This Guy ain't got a clue
@graziaarmanno8591
Жыл бұрын
Thank you sir I'm very much against this. I'm not going to complying to this sistem home all the people's they are against will form our own community and live in piece with each other.somone find please a solution how to cask our checks like SSA and SSI.God please help us .
@Gerilady
10 ай бұрын
If they get rod of cash ots not for us it's a trap we don't want t9 get in
@tedmahachi
Жыл бұрын
By far the best video on CBDCs l've watched.
@miken7629
8 ай бұрын
Countries are considering CBDC's for one reason, to make money. To manage CBDC's requires computer resources, software development, accounting, and bureaucratic overhead, there has to be fees associated with transacting CBDC's and those fees will be taxed, which creates something equivalent to a national sales tax as CBDC's are spent. Imagine the income generated as a percentage of every transaction.
@raoulhery
Жыл бұрын
0:46 We thought you were going to say China
@thespiritdotteam
Жыл бұрын
you skipped australia and new zealand.
@charmainlareau6452
11 ай бұрын
It will be voluntary at first
@edwardclark2653
5 ай бұрын
The American central bank is protected by legislation from regulation in much the same manner as the pharmaceutical industry. How do you feel about digital currency replacing hard currency?
@QUANTPAPA
Жыл бұрын
who is above all that central banks ? BIS the follow BIS
@pla9012
6 ай бұрын
So i guess time has made this theory na....no one in charge cares if you sont like it or not
@insanetvshort7076
Жыл бұрын
Let say the real truth. Everyone wants to live their lives but also afraid of anything that sounds like antichrist 😅.
@SC-qk2hc
Жыл бұрын
The Indian CBDC is called eRupee and getting gradually rolled out. Most customers with savings bank account in the big banks already can download app and move money from bank account to the CBDC wallet. Why would ppl do so? There is a major and valid reason. India is surprisingly ahead of time in terms of government backed mobile payment which costs next to nothing to use and is fast and reliable. Since small transactions add up to messy long lists of bank statement which reveal all your transactions. Downloading money to CBDC wallet and then spending it like cash keeps the bank statement simpler and helps with anonymity. I myself have downloaded the CBDC wallet app yesterday but yet to use it.
@parimtm
Жыл бұрын
Like lightning jus wid 0 fees
@harsimranpreetsinghuppal
Жыл бұрын
Fuck the CBDC's (eRupee). Only dumb people will use it.
@k4r4y
Жыл бұрын
I don't understand how could this solution (CBDC and/or mobile payment) be anonymous?
@SC-qk2hc
Жыл бұрын
@@k4r4y RBI has stated that Large payments are trackable. Small payments will be anonymous. Even if small payments are trackable why would government do so? Like I said ...unless you are interested in carrying wads of dirty paper cash, your bank statement will be cluttered with innumerable small transactions that can be accessed by the government anytime.
@Asian_American_Christian_Love
Жыл бұрын
Because of AI now the govt will be able to make an algorithm using those small transactions based list to grasp a person's personality that is going to become transparent to their end. And that will mean that the govt will hold too much control over the individuals.
@h.wayneb3495
Жыл бұрын
Useful information provided, well presented, Our US government has a long way to go before some of us will have trust in our leadership for proper guidance anymore. It's a shame and We the People are victims of pick pocket tax revenues. Just seems like a power trip. My 2 cents. Thank you
@Marjo273
Жыл бұрын
CBDC can collapse a country
@willeyshelton7452
Жыл бұрын
Fantastic points on the CBDCs topic, as always. I agree that we can't generalize all CBDCs, they have to be evaluated individually. Speaking of innovative technology, have you heard about AIWORK? It's a unique blend of AI, blockchain, and human expertise creating accurate AI datasets. They are developing a new approach to data verification and validation which is highly revolutionary. Just like CBDCs, the power of these tech projects lies in their individual merits. AIWORK's ContentGraph, for instance, is a unique feature that sets it apart, giving confidence scores to various content safety attributes. Maybe you could consider covering projects like AIWORK in future videos. Thanks for the great content!
@pete9971
5 ай бұрын
It won't work...😐
@xmatterdaily
Жыл бұрын
Why the three candles though?
@Coinsider
Жыл бұрын
Why not?
@xmatterdaily
Жыл бұрын
Because the room is already lit up well 😅
@ventacode
Жыл бұрын
@@xmatterdailytrue😂
@xi.amaru.aboriginal.TAMERiKAAN
Жыл бұрын
I think 🤔 u was pay 💰 to say dat
@JacobSilverdal
Жыл бұрын
Wake up
@stevenbaker673
Жыл бұрын
I'm tired
@albytom1031
Жыл бұрын
' THEY' know the 'BEAST' is greedy and ignorant . Somebody said that worst than slavery is not knowing .
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