Imagine a global "hack" compromises bank systems. The money is gone (although they could just restore it all from last night's backup). What assets are left in the banks' and asset managers' control n...
Sorry for the late reply... I have watched so many "problem-reaction-solution" scenarios develop over the years, the scenario you describe wouldn't surprise me a bit.
I've thought of the same kinds of scenarios, and wondered how they will attempt to roll out cbdcs... I've thought about how they could give those with 401k and pension a bonus for converting to the new system... like your $5K suggestion... in other words grease the skids a little... give the good doggies a cookie if they do what we want.
People are so wrapped up and engrossed with the current system, it would be very challenging for them to exit or be independent. As you and I both know, it's not easy to exit even if that is your goal... it takes a plan, hard work, a little luck, some risk, etc. and hopefully it will pay off for our offspring.
As for the timeline, within the next couple years makes sense... I think there is a rush to get the currency situation in place, then digital ids, then ubi payments, etc. by 2030... wild times watching this unfold.
I've thought of the same kinds of scenarios, and wondered how they will attempt to roll out cbdcs... I've thought about how they could give those with 401k and pension a bonus for converting to the new system... like your $5K suggestion... in other words grease the skids a little... give the good doggies a cookie if they do what we want.
People are so wrapped up and engrossed with the current system, it would be very challenging for them to exit or be independent. As you and I both know, it's not easy to exit even if that is your goal... it takes a plan, hard work, a little luck, some risk, etc. and hopefully it will pay off for our offspring.
As for the timeline, within the next couple years makes sense... I think there is a rush to get the currency situation in place, then digital ids, then ubi payments, etc. by 2030... wild times watching this unfold.