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Post by milspec on Oct 2, 2021 6:22:09 GMT 10
I've put this topic in the TEOTWAWKI board because it represents a fundamental change to the way our lives will be driven. It is another insidious move driven by the establishment which will impact our lives for the worse in the name of saving the planet. I'm all for keeping the planet going but not so much by making the little guy foot the bill while the corporations reap massive profits and the governments waste public revenue which could make a difference to carbon emissions. We know that there is a global push towards net zero carbon emissions that all governments are being pushed into, including ours. Governments will lean on corporations to make some of those carbon cuts but that hurts corporate profit. The next phase of government controlled carbon reduction is coming to you personally just like the government likes to lean on the public for revenue when its corporate mates are unhappy about losing too much profit. What are personal carbon credits ? That is where you have an allowance of carbon credit associated with your monthly consumption habits. So if you eat lettuce, ride the bus for all your travel, don't own any petrol powered recreational vehicles and don't go to burning man, you'll be fine. If you live a different lifestyle to that, you'll be impacted. If your carbon consumption is above your monthly carbon allowance, your next purchases will be declined or curtailed to approved low carbon alternatives. How is that possible ? Mastercard in partnership with the World Economic Forum is developing a carbon tracking & scoring system connected with every single item purchased by card holders. This enables the payment processing company to build a database for every individuals carbon footprint. In conjunction with this government central banks are also introducing digital currencies (CBDCs) to replace physical cash (fiat money). Every dollar of a CBDC has an individual serial number and is digitally traceable and comes with permissions for what it can be spent on and who can or cannot receive it as payment ... and even how long you can have it. For example .gov issues a stimulus check to fire up the economy within the next three months ... those CBDC digital dollars go out to consumers who have 3 months to spend those dollars on approved items (but not savings or other things that would fail to stimulate the economy) and if you haven't spent them within the 3 months your CBDC stimulus dollars return from your bank account back to the government. CBDCs will be introduced to us as good for us and good for the economy and they may start out "benign" but they will gravitate towards these tightly controlled CBDCs because they can and CBDCs give government unprecedented ability to monitor and control spending which is a holy grail for a government. Would the government really lean on consumers rather than corporations to make the sacrifices needed to meet its net zero carbon goals? You be the judge. Refs WEF & Mastercard collaboration www.weforum.org/organizations/mastercard... Nature paper on Personal carbon allowances www.nature.com/articles/s41893-021-00756-wMastercard Tracking your carbon footprint www.mastercard.com/news/perspectives/2020/purchasing-power-plus-carbon-footprint-tracking/ |
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Post by milspec on Oct 2, 2021 6:32:13 GMT 10
This photo from Mastercard's web page shows how far along this program is, look at each phone screen carefully and you'll see how your life will be impacted by these initiatives.  Here's a Mark Moss video on the same topic. coming at it from the Mastercard angle. |
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norseman
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Post by norseman on Oct 2, 2021 6:37:08 GMT 10
All integral to the "Great Reset"! After living and experiencing the last 2 years absolutely nothing shocks me anymore and I mean nothing! Is that a good or a bad thing? Who knows?
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Post by milspec on Oct 2, 2021 6:49:07 GMT 10
So the next question to consider is how this may affect/constrain your personal future and how best to prepare for it.
We've seen it many times where governments come up with stupid rules (carbon allowances in this case) which fail to account for difference in circumstances between people living/working in urban and rural communities and roles. Like I drive an hour to do my grocery shopping, pick up hardware & stock feed etc. I also sit on hundreds of acres of land which sinks a good deal of carbon, will that be considered ?
Personally, I see this development as another sound reason to own Bitcoin because it is decentralised payment option and simply cannot be killed off by government (although they will most certainly try and make life difficult since Bitcoin does offer an alternative to government controlled money).
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frostbite
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Post by frostbite on Oct 2, 2021 7:30:56 GMT 10
Cash is king.
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malewithatail
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Post by malewithatail on Oct 2, 2021 8:21:01 GMT 10
Add the above to a vaccine passport that morphs into the mark on your forehead or right hand (due to counterfeits and people copying the real things to escape the system), a Government backed crypto currency, one world government and........
We are all in this together...sounds like a good start to a song.
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Post by milspec on Oct 2, 2021 12:18:46 GMT 10
Yeah!! until it is banned and replaced with a CBDC. I see a time coming where youll need to put your cash into crypto if you want to be able to preserve its utility and stay outside the .gov digital cash. |
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frostbite
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Post by frostbite on Oct 2, 2021 13:19:20 GMT 10
There's a lot of dodgy deals still done in cash. Can see that expanding significantly if cash is banned. 'banned' means a common occurance not authorised by the grubbyment,not something that can't happen.
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norseman
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Post by norseman on Oct 2, 2021 13:28:06 GMT 10
I notice all over the net and elsewhere this whole crypto thing is being pushed really hard at every opportunity! YT now is seriously cluttered with crypto promotion and I'm thinking like what ther faark is this sicko obsession with Crypto currency? Then the penny dropped for me! The more you promote it the more valuable a commodity it becomes the more people want to buy into the illusion the more holders of Crypto can sell it on to others!
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Post by Joey on Oct 2, 2021 20:38:51 GMT 10
The way the current WEF/IMF/UN groups are operating would make Stalin and Mao very proud
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Post by milspec on Oct 2, 2021 22:40:16 GMT 10
I notice all over the net and elsewhere this whole crypto thing is being pushed really hard at every opportunity! YT now is seriously cluttered with crypto promotion and I'm thinking like what ther faark is this sicko obsession with Crypto currency? Then the penny dropped for me! The more you promote it the more valuable a commodity it becomes the more people want to buy into the illusion the more holders of Crypto can sell it on to others! I'm not going to harp on crypto, I raise the subject (like many subjects) because its relevant to forward looking people. but I'll make this point Norseman, if you think Bitcoin (specifically) is simply about making a profit you're missing the point in a big way. Ive said it elsewhere and I'll say it again. Read the book the Bitcoin Standard. If you dont get it after that .. ok. |
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Post by milspec on Oct 2, 2021 22:51:35 GMT 10
There's a lot of dodgy deals still done in cash. Can see that expanding significantly if cash is banned. 'banned' means a common occurance not authorised by the grubbyment,not something that can't happen. Whos going to take paper cash if you cant deposit it in a bank or pay for goods & services with it? Remember what India did with the 1000 Rupee notes .... 30 days notice to turn them in for new currency. Nobody accepted 1000 Rupee notes after that 30 days expired because they were wortless from that date onwards. |
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lost
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Post by lost on Oct 2, 2021 22:53:04 GMT 10
Problem with bitcoin and cryptocurrency is you are moving into the smart grid,smart technology that tracks and traces you. Im not sure how crypto works but im sure many use smartphones and smart technology like smart watches and such to partake in making crypto work them.
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lost
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Post by lost on Oct 2, 2021 23:03:59 GMT 10
I dont own a credit card or any smart tech, like phones and apple watches and internet of things IoT devices, we dont need them. The more we buy into the debt economy the worse off we all will be.
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frostbite
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Post by frostbite on Oct 3, 2021 5:27:58 GMT 10
There's a lot of dodgy deals still done in cash. Can see that expanding significantly if cash is banned. 'banned' means a common occurance not authorised by the grubbyment,not something that can't happen. Whos going to take paper cash if you cant deposit it in a bank or pay for goods & services with it? Remember what India did with the 1000 Rupee notes .... 30 days notice to turn them in for new currency. Nobody accepted 1000 Rupee notes after that 30 days expired because they were wortless from that date onwards. Cash will be like a very versatile barter card. Who will accept it? Who knows for sure unless cash is banned, but probably anyone supplying illegal goods or services they don't want taxed by the grubbyment. Here's an example for you Milspec: johnny is a tradie who wants to buy some dope, but his dealer only accepts cash, because it is untraceable. Johnny needs cash, so he does the odd cash job to get the cash to buy the dope and avoid gst. His customer pays cash because he gets a significant discount. Works like this already. Your local drug dealer down the pub ain't going to accept bitcoin. Ps: I don't support the taking of illegal drugs. Any money spent on drugs would be much better spent on ammo or Vietnamese backpackers. Another point: how do electronic payment transactions occur in the very large parts of Australia where no internet or mobile coverage exists? Like even 100km from our nation's capital there are significant blackspots. How will they occur when bushfire, which are predicted to increase over the next decades, destroy mobile and internet infrastructure, just like it did on the NSW south coast a couple of years ago? Whole towns devoid of electronic payment options because the power lines were destroyed by fire. |
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norseman
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Post by norseman on Oct 3, 2021 6:32:02 GMT 10
In the good times when I was going through my "don't trust the banks" thing I buried my cash in Milo Tins! You can't do that with Bitcoin! Anyway at the end of the day it was dumb because it took me twelve months to swap the wet wads over when all the new fifties came out. I told the girls in Westpac I didn't want to draw any attention, they couldn't stop laughing long enough to count the cash! Lesson learned:- money stays heaps drier when it's in the bank!
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Post by milspec on Oct 3, 2021 7:46:09 GMT 10
frostbite don't get me wrong, I've always got cash & fuel stash on hand for the likes of what went down on the coast during the bushfires. However 5hat option will eventually disappear when CBDCs come along. Like norseman and his soggy notes there will come a point where that cash needs to be moved into something else ... maybe crypto, maybe precious metals. If its crypto the challenge may be that the onramps from paper to blockchain may have been curtailed eg like China right now has banned crypto because it is implementing its cbdc (digital yuan). As for remote payment access (no power/no internet) using cbdc, that is done with physical cryptobanknotes where each note has a QR code. Also I'm not saying that bitcoin can replace cash payments everywhere ( aka remote environments), but it is actually possible if a vendor wants to accepts bitcoin as payment. A vendor can set up a bitcoin node anywhere in Australia using satellite internet. A vendor can also set up a bitcoin node anywhere in Australia using Blockstream Satellite which is completely outside the internet like satellite phone is outside the telcom system. Just a heads up for anyone that thinks that they'd like to move their $20K cash stash from under their mattress into crypto tomorrow, it aint that easy and it aint that fast. Large cash deposits will be flagged at the bank, crypto exchanges will require KYC verification, banks will often initially hold up transactions to crypto exchanges, test transactions will need to occur between the exchanges and banks (deposits and withdrawls). Crypto exchanges will also likely have different levels of KYC related to different transaction sizes possible. Also you'd be well advised to go through these processes with multiple exchanges so as not to have all your eggs in one basket and different exchanges have different pros and cons in terms of cost/simplicity/range of support etc. And a final point is you dont want to do this when your under the pump because it is entirely possible to screw up sending crypto from one wallet address to another and losing the crypto in the process. In other words it is highly advisable to go through all these machinations in slow time, with small amounts of money to learn the ropes and have the onramps and offramps in place, understood, and tested, ready for use when the need arises. ** that last paragraph is pretty golden advice based on my experience this past year.
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Post by milspec on Oct 3, 2021 7:58:01 GMT 10
Problem with bitcoin and cryptocurrency is you are moving into the smart grid,smart technology that tracks and traces you. Im not sure how crypto works but im sure many use smartphones and smart technology like smart watches and such to partake in making crypto work them. Yes, you do need to use tech like a smartphone to access crypto or an ATM. That doesn't mean you have to go all in and be open slather sharing your every move with the big tech giants. Whilst you don't have to use smartphones to live life these days, you will get relegated to the fringes, I see it happening more and more like an elderly client waiting in a bank queue for a one on one with a bank officer to make a bill payment (if there even is a bank nearby), or the folks writing their details down at every store because they cant scan a QR code. As an aside, Coinbase has just released it's physical prepaid crypto debit mastercard. You use the card like any credit/debit card. You preload it with a given value via the coinbase crypto exchange which is accessed via a smartphone or PC. So it is possible to buy your daily needs with funds from your crypto account. |
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feralemma
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Post by feralemma on Oct 3, 2021 11:47:40 GMT 10
Hahaha this topic changed direction abrubtly 🤣
As far as carbon credits and offsetting carbon goes, either for corporations or persoal, it's all a big scam. Our farm is partly covered in trees planted for carbon credits (approx 2 million mallee trees on 2700 acres of our place) that are not native to the area, and not planted in anything that resembles a natural ecology. They are as bad as monoculture crops, and are planted to maximise profit for the carbon company while sucking an unnatural amount of resources out of the soil and will eventually out compete each other and kill themselves off. Very little can grow under them and nothing eats them (other than a certain type of beetle that I may just have to aquire).
Personal carbon credits would be offset using this same method, and some carbon credit companies plant sandlewood with their quick growing, quick maturing carbon trees as host trees and then harvest the whole lot and start all over again. Carbon credits are only paid on additional storage (ie growth) acheived every year so quick growing plants pay better money but once they've acheived maximum growth they are worthless.
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frostbite
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Post by frostbite on Oct 3, 2021 11:57:32 GMT 10
Might have to look into that on my retreat. Plant fast growing trees, get money from government as carbon credit, then cut down trees and burn as firewood, releasing all that stored carbon back into the atmosphere. Bwahaha, this Woke crap is awesome.
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