Never thought of that?! China's Digital Yuan Comes With An Expiration Date

Can i ask, what happens to money, if its not spent?

Does it go back to gov or something?

The idea of expiring currency and implications should be terrifying. But, I shall consider for a moment the finer points. We had an expression growing up of being, "Ngger rich" meaning you got a windfall and spent it as quick as you got it. This is the economics of stimulus and UEI benefits, being a liquidable injection into the economy.

Imagine if our salary's were the same, the boom the economy would get. For long term, I imagine you can play a shell game with stocks and bonds to re-freshen it, BUT.... that would mean stocks would be even more OVER INFLATED than they are today. With all that money flowing into Apple, IBM, Microsft, Google, and other stocks, Wallstreet winners would rule the world in just a few short years. Tech Oligarchy would fast be a reality, even more so than today.

it stays in your bank account or hidden in underground cashes till its outdated by a new currency?

There is or was a GLP thread that had a 1960's audio recording from an Illuminati/Bilderberg meeting or something like that. It is a long audio recording detailing precisely what the Illuminati had planned out to do to Humanity. They are currently at about 90% completed with every single one of their plans from back then.

One of the things they said they would do with a digital or some sort of electronic currency is they would make it so it has an expiration date. So you must spend it as fast as you can. The Illuminati will then gaslight you for the rest of your life because you can never properly manage your truly fake money under all circumstances. This is just the very tip of the iceberg with this stuff concerning the financial side of the Illuminati's post Birthing of Lucifer's New World Order.

The Gamestop Stock Debacle alone is proof of this, MAGNUS 74.

Gov officials parachute out of office with millions of your hard earned money to buy Adrenachrome and child sex slaves.

Digital Juan. Mexican hacker.

as your Social Credit Score goes down...So does your programmable Digital Yuan bank account balance...

Probably a floating expiration date with triggers in place for different scenarios. Oh you didn't catch the "news" last night? Too bad, because we told you your money was going to expire this morning. Let this be a learning lesson.

Its almost if they want to create a mark of the beast system or something....Deny christ or all your money disappears.

Reminds me of the movie ‘In Time’...



Guarantee you that only the lower class will have the ultra expiry coins while the higher echelons horde the timeless lot.

The only thing this would do is create a cottage industry of money laundering front businesses where the Chinese will be paying a fee to keep their own money. And since it's a communist government they will just crack down on such businesses but leave some running - those ran by the families of local government officials. That way they can get the government workers rich and they don't even have to PRETEND to do anything useful, just sit back and collect money for doing literally nothing. Keeping the government officials happy is the most important thing in communist governments because it's what keeps the whole scam of communism going.

Lucky for us, silver doesn't expire.

What is the new? Roosevelt with Executive Order 6102 did the same thing with gold in the USA in 1933

You probably never heard of "Gold Clause Cases"

If the US has already done this with gold, why can't China do it with a handful of bits?

In the USA even gold expires... On April 5, 1933, the President of the USA, Franklin D. Roosevelt, "prohibited the hoarding of gold coins, gold bars, silver and gold certificates within the United States"

Executive Order 6102 required that all persons must deliver before May 1, 1933, all except gold coins, gold or silver bars and gold certificates owned by the Federal Reserve under penalty of $ 10,000 and ten years in prison.

Executive Order 6102 required that all persons must deliver before May 1, 1933, all excess gold coins, gold or silver bars and gold certificates owned by them to the Federal Reserve under penalty of $ 10,000 and ten years in prison.

Really...wow, such control freaks.
And to think the illegitimate "President" is fully on board with them.

Strange times indeed.

You don’t feel that already?

Yep, they have to feed the rest somehow .... Soylent

Wow, many implications to this. Having lived and worked in China, I know there is no limit to the bullshit the Chinese gov will pull.

Wouldn't that make it less desirable or in essence worth less?

That will increase M2

At least they're up front about it.

Your 401k has an expiration date they just haven't told you yet, and won't until after it expires.

use before 6/30/21 or when user reaches 60 yrs old - whichever comes first

money with expiry date? So when it expires, the money turns to 0?

Damn, that is evil, no one can truly retire in that case.

People would just buy valuable commodities and trade or sell them for new money

DEATH TO COMMUNISTS!