The "Coming" Class System

Karlysymon

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Transactions will also be capped.

The EBF would like to see control exerted over what Europeans are allowed to do with their digital wallets, and speaks in favor of “a low fixed cap on individual holdings (…) designed reflecting the average daily payment needs of European citizen.”

There should also be “a limit on the transaction amount,” the trade association said.


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Karlysymon

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The financial reset is going to change so many aspects of our lives and many of us haven't even considered the full impact of something as pivotal and transformative as it portends to be....because it's never happened in our lifetimes. So it is interesting that JP Morgan's Jaime Dimon comes along talking about seizing private property...in the name of climate change ofcourse. The obvious & rhetorical question here is whether America's largest owner of farmland (Bill Gates) would fall victim to invocations of eminent domain.


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Karlysymon

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"...our third action is to rewire the entire global financial system for Net Zero..." -Rishi Sunak at COP26 (2021)

"We now have the essential plumbing in place to move climate change from the fringes to the forefront of finance so that EVERY financial decision takes climate change into account."
- Mark Carney

Just these 2 statements imply that if your medium of exchange (whether that be metals or crypto) cannot be rewired to deliver net zero, it stands to reason that it will eventually be outlawed. You literally won't be able to buy or sell unless...
There will be one sanctioned medium for commercial transactions.
If crypto is a threat to national security, how long until crypto holders are de-facto terrorists/threats to national security?


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Karlysymon

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Karlysymon

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The first pilot programme trialing a universal basic income (UBI) in England has been announced, run by the thinktank Autonomy.

During the scheme, lucky participants will be given £1,600 every month for two years, with no strings attached on what they do with the money – other than to let researchers monitor their spending and choices to understand how the money affects their lives.
What’s the point of the trial?
The idea of a UBI is typically that it covers people’s basic needs, but this higher monthly figure is designed – according to Autonomy – to help assess what effect receiving a guaranteed sum each month will have on recipients’ mental and physical health, and on whether they choose to work or not.

Our society is going to require some form of basic income in the coming years, given the tumult of climate change, tech disruption and industrial transition that lies ahead,” reckons Will Stronge, the director of research at Autonomy. “This is why building the evidence base and public engagement now is so important.” Sceptics might argue that his scheme is so unrealistic – recipients get the money, but don’t suffer the giant tax hikes that would be needed to fund a real-world basic income – that it won’t tell us much.
 
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