You have been serving them dutifully though. You love the whatabout memes.
Is President Elect TRUMP's Legacy Media Defying MAGA/MAHA Movement Here To Stay?
- Thread starter WhyCzar
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WhyCzar
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Mark Carney refuses to disclose his financial interests so your guess is as good as mine.
I agree that he should do so.
As for Poilievre, he’s a crypto bro under the influence of Elon. I wouldn’t trust him financially. And he is the front runner to become PM unless someone strong enough to defeat him, emerges. Not saying that has to be Carney, but it’s likely. If Carney is invested in crypto I’d count him out, too.
www.ctvnews.ca
Poilievre personally holds investment in Bitcoin as he promotes crypto to Canadians
Conservative Party leadership candidate Pierre Poilievre has a personal financial interest in cryptocurrencies that he has promoted during his campaign as a hedge against inflation.
www.ctvnews.ca
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WhyCzar
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As for Carney, he's a CBDC bro (under the influence of Bill Gates?)
In his 2021 book Value(s), Carney said that the “future of money” is a “central bank stablecoin, known as a central bank digital currency or CBDC.”
He noted in his book that such a currency would be similar to current cryptocurrencies such as Bitcoin but without the private nature afforded to it by its decentralization.
“It is simply untenable in democracies that the core of the monetary system could be based on forms of electronic private money whose creators control large blocks of the currency, like Bitcoin,” he wrote. “Cryptocurrencies are not the future of money.”
Carney noted that a CBDC, if “properly designed,” could serve “all the functions to which private cryptocurrencies and stablecoins aspire while addressing the fundamental legal and governance issues that will, in time, undermine those alternatives.”
When it comes to a digital Canadian dollar, the Bank of Canada found that Canadians are very wary of a government-backed digital currency, concluding that a “significant number” of citizens would resist the implementation of such a system.
But on the other hand Vancouver is the #1 City in North America where you can spend Bitcoin
- Did Elon do that?
Elon was just a young burgeoning technocrat at the time, but probably, yes. He got into the bitcoin game not long after even if he didn’t start it by himself. I remember bitcoin getting popular around the time of Occupy Vancouver. At that time, Elon was a real mover and shaker and seemed apolitical and people all-in embraced his technology - with a few gen x skeptics not so sure. That is probably where/ when the divide between libertarians and social democrats occurred.
Vancouver’s mayor is big on bitcoin. Much of Vancouver is not.
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That said, Carney’s idea is more sound.
BetteTheRed
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Of course we would. The use of cash is the last bulwark against the economic system knowing everything about your spending habits. After discovering a little figure in my banking app, NOMI, making observations about my spending habits month to month, noticing that she seemed particularly interested in my liquor and cannabis purchases, I switched to cash only for these particular purchases.
It’s funny, and not funny.
Delightful Life
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I think what is being pointed oot here is for those who as you affirmed like to be able to still use cash then they should not support people like Carney?
CBDC in fact is VERY popular worldwide among many govts...
So then it is up to individual people to figure oot what to do. It might be more important than "being voluntarily able to spend cash"?
I hope that clears up the pov
Is the CBDC digital currency supposed to be a replacement for cash money so we go totally cashless? Or is it supposed to replace the US dollar as the primary currency the world uses as a benchmark? I think it’s the latter rather than having much to do with taking cash out of the atm. Bitcoin atms issue cash, afterall - cash valued against the value of the bitcoin.
WhyCzar
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Trump signed an executive order that unequivocally bans the issuance or circulation of Central Bank Digital Currencies (CBDCs) within the United States.
Trump’s administration has framed CBDCs as a direct threat to financial stability, personal privacy, and national sovereignty.
Unlike cryptocurrencies such as Bitcoin, CBDCs are government-issued digital currencies operating on private blockchains.
Critics have long warned that CBDCs could enable unprecedented levels of monetary surveillance, with central banks potentially controlling how citizens spend their money.
Trump’s stance marks a sharp departure from the Biden administration, which had explored developing a U.S. CBDC to keep pace with global competitors.
Over 100 countries are in various stages of CBDC development, but Trump’s executive order ensures such plans will not move forward under his administration.
Trump’s administration has framed CBDCs as a direct threat to financial stability, personal privacy, and national sovereignty.
Unlike cryptocurrencies such as Bitcoin, CBDCs are government-issued digital currencies operating on private blockchains.
Critics have long warned that CBDCs could enable unprecedented levels of monetary surveillance, with central banks potentially controlling how citizens spend their money.
Trump’s stance marks a sharp departure from the Biden administration, which had explored developing a U.S. CBDC to keep pace with global competitors.
Over 100 countries are in various stages of CBDC development, but Trump’s executive order ensures such plans will not move forward under his administration.
He sees what’s coming. And it’s a jab at Carney, likely. If so many countries are interested, maybe the US will be on its own. Maybe in a few decades, some nations will separate and reconfigure around different priorities - and others will come together around similar ones. Oh, wait. I think there’s already a war going on. Like it never stopped. It’s on a loop. It’s no fun to realize these things. I prefer to be more hopeful but it’s also not good to be naive.
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If being “kingmakers” (or queenmakers) is the only way to keep this earthly realm going and not let it fall apart - then who would be the fairest (human) king and/ or queen of the people available for the time being? What kind of person (or people plural) would they need to be? i don’t know why that question came up. I think I’ve been reading the word “kingmaker” and “king” bandied about in political discussion recently. One headline at least, referred to Carney. And even though Carney and Musk are both imperfect and extremely wealthy humans, I have a better feeling about Carney. @WhyCzar earlier you equated the two technocrats, but I feel that they’re not the same type of people. That said, I don’t know what excuse Carney has for having a net worth of $96B. I can’t see anything defensible about that. As for how he allocates public money I have to hear what he says he wants to do. What I have heard from him seemed like a reasonable breath of fresh air blowing into Trumps foul reality TV show set.
I mean, we need to make this mortal coil liveable for as long as possible. That’s supposed to be our job. So what types of people are best suited to help us do that?
I mean, we need to make this mortal coil liveable for as long as possible. That’s supposed to be our job. So what types of people are best suited to help us do that?
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WhyCzar
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I agree.
WhyCzar
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Carney wants power and Elon wants power.
Both of them seem rather detached from humanity as far as I can tell.
I don’t get that vibe from Carney, but Elon is so detached he may as well be from outer space. Pun intended.
I just watched Carney being interviewed on CBC and although he seems smart and confident and sane - he’s still a neoliberal proposing nothing new and he was entirely too cautious about commenting on Trump’s threats. I thought I liked him but now I really don’t know. It’s more of the same. Carbon credits aren’t going to do anything to stave off environmental disaster, anymore than banning straws is. He’s proposing typical neoliberal ineffectual policy. He’s not revealing enough of his cards, either, for someone so close to becoming our interim PM, and that bothers me. It’s like he thinks he’s a shoe-in so he doesn’t have to. That also bothers me.
I’m flip flopping, I realize. I’ve been at this too long today. I need to have a politics free break.
I’m flip flopping, I realize. I’ve been at this too long today. I need to have a politics free break.
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Have Trump over run it?
The coming anti-Christ ... a needed black-out after some claim there is too much illuminating virtue ... causing certain designations of where we're at ... poetic? Maybe in a Black Poesy ... femme fatale again? It happens ...
Technology is a dark art to many and therefore to be avoided as strange and thus we never get Cloes to knowledge ... a shamed being? That's time ...