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Digital Currencies Pave Way for Deeply Negative Interest Rates
If and when they get total control of your money digits, then anything goes?
serf
Digital Currencies Pave Way for Deeply Negative Interest Rates
Central banks are making lots of effort to make sure that CBDC isn’t seen as a possible monetary-policy instrument,” says Benoît Coeuré, head of the Bank for International Settlements’ innovation hub and a former European Central Bank policy maker. “My take is that that discussion will come only later.”
Comments
who will need a bank then
Right, conventional banks with offices or lobbies will be replaced with a mandatory smartphone and government controlled software for them. Lose your phone,don't worry, without fingerprints and 3 dimensional faces to recognize nothing will work.
Papers? Who needs papers now.it's all electronic surveillance with biometric data for serious inquires. Everything will be backed up in computer clouds until you die. All hail the The NWO.
serf
https://www.dhs.gov/sites/default/files/FacialRecognition-TN_0508-508.pdf
Three dimensional (3D) * recognition uses the unique and variable structure of
the face captured from multiple angles. Because the structure of a face is not affected
by changes in lighting or pose, 3D * recognition offers the potential to improve
accuracy over 2D systems. As a result, 3D technology allows for flexibility in
image comparisons and greatly increases the probability of matching a subject to a
photo from a database of images. * recognition with 2D systems is more
mature than 3D systems, which are in their infancy. Development is continuing on
both systems, improving them for the end user.