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Trucker Scapegoats - Supply Chain Bait and Switch - Digital Yuan

 
Chuckles

User ID: 77919863
United States
01/31/2022 02:27 PM

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Trucker Scapegoats - Supply Chain Bait and Switch - Digital Yuan
Anything that happens you must assume the hand of TPTB in it or you are a fool. We have been heading to a supply chain crisis for several years and now 'everyone' can blame Nazi racist truckers when it happens.

Also, I'm pretty deep into crypto and I find it weird that the first CBDC, the digital Yuan launched today (231 million wallets already) and that it is being used during the Olympics... and nobody on crypto Twitter is talking about it.

The days of a singular reserve currency will shortly be over when the world will be dealing in any number of currencies. You could literally do a $2 billion dollar fighter jet deal and settle via smart contract in DOGE or XRP or Digital Yuan.

Its game on soon people!
"Anything worth doing is worth doing badly."
-G.K. Chesterton

"Look at me... being all human."
-Android 17
Chuckles  (OP)

User ID: 77919863
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01/31/2022 02:29 PM

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Re: Trucker Scapegoats - Supply Chain Bait and Switch - Digital Yuan
I am actually hopeful because I think this means
CBDC's will be openly traded against all others.

Last Edited by Chuckles on 01/31/2022 02:30 PM
"Anything worth doing is worth doing badly."
-G.K. Chesterton

"Look at me... being all human."
-Android 17
Anonymous Coward
User ID: 81710445
United States
01/31/2022 02:41 PM
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Re: Trucker Scapegoats - Supply Chain Bait and Switch - Digital Yuan
Few issues with cryto.

1) People need an electronic device to access them.


2) If there's a SHTF scenario access via the net will most likely not work properly.


3) Hardware and software is 100% corruptable


4) It's binary, meaning it doesn't truly exist and one EMP and everyone's information is not assessable.


5) Digital networks have constant legacy issues



6) If people are starving, tired, and chaos ensues crypto will be the last thing they will use as a currency. They'll be trading in food and real things that keep them alive and are useful to survive.


Unless people are completely blind we are heading in the number 6 direction really fast. It may not be mad max, but it will be something way different than we have currently.
Chuckles  (OP)

User ID: 77919863
United States
01/31/2022 02:49 PM

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Re: Trucker Scapegoats - Supply Chain Bait and Switch - Digital Yuan
Few issues with cryto.

1) People need an electronic device to access them.


2) If there's a SHTF scenario access via the net will most likely not work properly.


3) Hardware and software is 100% corruptable


4) It's binary, meaning it doesn't truly exist and one EMP and everyone's information is not assessable.


5) Digital networks have constant legacy issues



6) If people are starving, tired, and chaos ensues crypto will be the last thing they will use as a currency. They'll be trading in food and real things that keep them alive and are useful to survive.


Unless people are completely blind we are heading in the number 6 direction really fast. It may not be mad max, but it will be something way different than we have currently.
 Quoting: Mangia


Substitute the word INTERNET for CRYPTO and all of your statements are still equally as true... and yet we have the internet. Also, only 10% of the circulating supply is physical. Everything else is digital in the exact same way (only worse) as crypto is.

Are you better positioned for the future understanding the importance the internet will play or is it better to ignore it and say its 'useless.'
"Anything worth doing is worth doing badly."
-G.K. Chesterton

"Look at me... being all human."
-Android 17
Anonymous Coward
User ID: 81710445
United States
01/31/2022 04:25 PM
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Re: Trucker Scapegoats - Supply Chain Bait and Switch - Digital Yuan
Few issues with cryto.

1) People need an electronic device to access them.


2) If there's a SHTF scenario access via the net will most likely not work properly.


3) Hardware and software is 100% corruptable


4) It's binary, meaning it doesn't truly exist and one EMP and everyone's information is not assessable.


5) Digital networks have constant legacy issues



6) If people are starving, tired, and chaos ensues crypto will be the last thing they will use as a currency. They'll be trading in food and real things that keep them alive and are useful to survive.


Unless people are completely blind we are heading in the number 6 direction really fast. It may not be mad max, but it will be something way different than we have currently.
 Quoting: Mangia


Substitute the word INTERNET for CRYPTO and all of your statements are still equally as true... and yet we have the internet. Also, only 10% of the circulating supply is physical. Everything else is digital in the exact same way (only worse) as crypto is.

Are you better positioned for the future understanding the importance the internet will play or is it better to ignore it and say its 'useless.'
 Quoting: Chuckles


It's not useless by any means, but if things go down people may not be able to use or access their crypto.


Look at the chip shortage we currently have now. Technology breaks down rather quickly and needs to be replaced, so if supply chains and production are cut how exactly are systems repaired or replaced?


Internet is a fragile network regardless of what people may want to believe, I'm only stating worst-case scenarios because I personally always prepare for the worse.





GLP