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 Message 465 
 Mike Powell to AUGUST ABOLINS 
 cbdc's in canada.. 
 13 Jul 23 15:22:00 
 
TZUTC: -0500
MSGID: 456.canada@1:2320/105 29159d92
REPLY: 1:153/757.21@fidonet 0a5ec74d
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TID: SBBSecho 3.14-Linux master/cb76b1463 Feb 20 2022 GCC 7.5.0
BBSID: CAPCITY2
CHRS: ASCII 1
>  MP> This will make it easier for them to freeze the assets of protesters.

> Well, the gov't seems to be able to control the banks and reach
> into people's bank accounts and do whatever they want right now
> anyway.

But they cannot easily take any cash you have that isn't in the bank.

> They ARE suggesting that cash will still be legal tender
> (primarily to support the unbanked, I presume), ..but as a
> generation dies off and younger people embrace pure digital
> transactions, they will have motive to discontinue printing
> cash at any time thereafter.

> I find that young people avoid cash if they can.

I can see this, but I can also see that generation regretting their
decision.

Mike

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