Digital Money Across Borders: Macro-Financial Implications

Going against the zeigeist again but if something gets pushed onto us for something silly like "pandemic preparedness" or "contact & trace" like 9/11 has brought onto us...that offers identity management that can be expanded into a system like this...

If that happens, can we please stop pretending like something about biology and infectious diseases has fundamentally changed because of COVID for a second and get back to our senses...

We as a global society are clearly prone to collective hysteria whether we have been brought here by a series of unfortunate events and coincidences or by malice pushing their agenda.

Science loves being proven wrong, science loves getting to the bottom of things. There is nothing wrong with worshiping science but scientist worship is a part of it. We are all humans with our egos, trouble admitting being wrong, or simply personal gain from acting a certain way. Many of us just go with things to fit in, or have a career or just to make ends meet.

Numbers can be fudged. Everyone should have the stance of "show me" before believing. And you can't just take what media shows you at the face value. Reenactments, B-roll footage, the whole thing is a lot less "real" than we are lead to believe.

It is not a pandemic if you need to be told it is a pandemic.

You are losing your rights and freedoms because people are scared.

If you were alive during 9/11, doesn't this feel eerily familiar?

Doesn't it feel exactly like it feels when the second plane hit on 9/11?

Scare me and take my rights and freedom.

Can't you see people have the same emotional reaction when you try to get people to question the official COVID narrative that you see when you try to get them to think outside the official 9/11 narrative?

We are a lot less free now than we were before 9/11. And we are not any safer.

The same is about to happen if not happening right now.

We are all being played. Open your eyes and question even the sources you trusted for years. Just because your views aligned with a source for years doesn't mean they are on your side. They can be fooled too. This isn't about intention. We are all human. We are all fallible and this is about to get worse unless we all open our eyes and stop repeating the narrative the media is feeding everyone.

that could be an interesting one for Universal Basic Income .

Deep in the footnotes comes the contorted logic,"According to the IMF Treatment of Crypto Assets in Macroeconomic Statistics, crypto assets such as Bitcoin do not meet the definition of a financial asset—and hence currency—in macroeconomic statistics." and presumably that's what lets them off the hook, nevertheless, the ONE payment-rail that BTC fits perfectly is precisely that of international settlements between Central Banks/countries - such settlements typically involve the large-scale transfer of assets, they're not especially time-sensitive, and the transfer cost is inconsequential (and in the case of BTC negligible against the values transferred).

So I'm still left wondering: Why the aversion?

Fear? Lack of control by recognised "authorities"? Their argument that it's "too volatile" is largely untrue over the past year or two, with Bitcoin showing no greater volatility than any of the world's fiat currencies, so I doubt that's the factor at play.