I've forgotten where I read it but I read an ominous article suggesting that CBDCs and a UBI should be linked to your location and different in each 15 minute city. If that's how things play out you would still need a national CBDC so that cities can transact with each other. Your CBDC will be locational bound but they pay themselves in the national one which can buy and sell local ones all over the country 🤔
Discussion
That much is obvious. Your social credit score will be tied to your UBI. Bad score = low to no UBI, denial of all services, possible detainment for re-education, etc. Which is why it's better to GTFO off cities while you can.
But there you have a two book system. One is monitored and the other not.
Sure, but it still leads to issues of trust for the black book stuff, since CBDCs are designed to be "burnrd" leading to a destruction of any value transacted coinage. That CAN'T work between low-trust parties.
That's how they're doing it with the refugee debit cards, now. They load them up with "free money", but you can't use it to withdraw cash and you have to spend it at a local store. Doesn't work further away.
Fine for them and free money is never free, but they know how to do this, now, so we can expect them to do this to us, later.
Almost certain there'd be Aussies jumping up and down about human rights if we treated our refugees like that...
Oh, they do that here, too, but the won't care about the same system being applied to local welfare recipients and such.
I think for a while we had a welfare program for the Aboriginal peoples in some areas that limited what the could buy with their welfare monies but it's been repealed if I recall.... Although I think they could buy whatever they wanted just not alcohol and cigarettes....
This German system is less about what you can buy, then where you can buy. You have to shop locally.
exactly, and then all they have to do is gradually enlarge the definition of welfare recipients and voila, slave society
Theoretically, anyone who receives government income is a welfare recipient and that's almost everyone, even if it's just a negative income tax.
obviously you want to neither be robbed, or partake in the loot of the robbery, wherever possible, and plan your life around avoiding both partaking and being hunted