HM Treasury to Explore a Central Bank Digital Currency

[Al Gorithum]

https://fortuneandfreedom.com/app/uploads/2021/04/...

What do we think?

Pretty sure it'll get the tin foil hat brigade riled up.

[Parbold milkperson]

Can you see this government making a complete dogs breakfast of that?

[NMNeil]

It had to happen.
You can't have people buying and selling anything without a government knowing all about it.
You have criminal activity, such as buying and selling drugs, child pornography etc.
Tax evasion.
Money laundering
https://www.zdnet.com/article/270-addresses-are-re...
All of these are a threat to government and the old boys banking and finance network.

[LordFlathead]

NMNeil said:

It had to happen.
You can't have people buying and selling anything without a government knowing all about it.
You have criminal activity, such as buying and selling drugs, child pornography etc.
Tax evasion.
Money laundering
https://www.zdnet.com/article/270-addresses-are-re...
All of these are a threat to government and the old boys banking and finance network.

Tax evasion.. because taxing someone at every angle is "legal"? People have woken up from the programmed state and are questioning "just" taxes.

You are correct that it is a threat to the old boys network - and so it should be and If I could find a way to bypass HMRC I would do it in the blink of an eye.

[NMNeil]

LordFlathead said:

You are correct that it is a threat to the old boys network - and so it should be and If I could find a way to bypass HMRC I would do it in the blink of an eye.

Big business does it all the time, so why not the people?

[Four Seasons Total Landscaping]

LordFlathead said:

If I could find a way to bypass HMRC I would do it in the blink of an eye.

Lord Flathead, shame on you.

If, unfortunately, you ever needed one you'd presumably still expect a bed in ITU having 'bypassed HMRC'?

Every thought of moving to a failed state? You'd fit in well with all the other tax evaders there.

[LordFlathead]

Four Seasons Total Landscaping said:

Lord Flathead, shame on you.

If, unfortunately, you ever needed one you'd presumably still expect a bed in ITU having 'bypassed HMRC'?

Every thought of moving to a failed state? You'd fit in well with all the other tax evaders there.

Look at you with your holier than thou attitude. I've paid way more tax than I have received services for. Don't tell me that you have never accepted a cash payment for landscaping services.. if so you must be the only one as everyone I have engages always asks for cash.

[Mr Whippy]

Bearish for classic banking.

Government and central bank will just do it all now.

UBI as required to stimulate the economy. No more QE needed.

Bearish for 'assets'