The itinerant shrubber Posted September 9, 2022 Share Posted September 9, 2022 It just occurred to me that maybe the government will announce that it will be too expensive to mint new coins and so all old currency will be phased out untill we're completely digital. Any thoughts? Quote Link to comment Share on other sites More sharing options...
EternalChaos Posted September 9, 2022 Share Posted September 9, 2022 Won't they melt the old coins down and recycle them? Quote Link to comment Share on other sites More sharing options...
TheConsultant Posted September 9, 2022 Share Posted September 9, 2022 Interesting thought, would be a very swift move towards going cashless almost overnight if needed. Quote Link to comment Share on other sites More sharing options...
eddy64 Posted September 9, 2022 Share Posted September 9, 2022 they'd have to give everybody a central bank digital wallet and issue smartphone or some device to people who needed them. might take some time, id think they both run in parallel with physical cash still being accepted whilst it was slowly converted to the digital pound afaik. Quote Link to comment Share on other sites More sharing options...
andy1033 Posted September 9, 2022 Share Posted September 9, 2022 The current money with queens head on it, will only be allowed to be legal tender for so many years. You know what i am saying 1 Quote Link to comment Share on other sites More sharing options...
Fluke Posted September 9, 2022 Share Posted September 9, 2022 2 hours ago, The itinerant shrubber said: It just occurred to me that maybe the government will announce that it will be too expensive to mint new coins and so all old currency will be phased out untill we're completely digital. Any thoughts? I thought exactly the same thing this morning can't lie. But doesn't thinking about. Quote Link to comment Share on other sites More sharing options...
Fluke Posted September 9, 2022 Share Posted September 9, 2022 58 minutes ago, andy1033 said: The current money with queens head on it, will only be allowed to be legal tender for so many years. You know what i am saying I'm still got some pennies with old Vicky on! 1 Quote Link to comment Share on other sites More sharing options...
Truthblast Posted September 9, 2022 Share Posted September 9, 2022 6 hours ago, eddy64 said: they'd have to give everybody a central bank digital wallet and issue smartphone or some device to people who needed them. might take some time, id think they both run in parallel with physical cash still being accepted whilst it was slowly converted to the digital pound afaik. These people think in decades, not years. Bitcoin is government(s) created in my opinion. At very little expense, they hooked 10s of millions of naive young people on digital currency. You probably ALREADY have a digital wallet. You just haven't been TOLD about it. Its going to be corporate BEHEMOTHS like Starbucks, McDonalds, BurgerKing and similar that will PUSH PHYSICAL CASH OUT. They all have been BRIEFED on when to stop accepting physical Dollars, Pounds or Euros. By 2030, NONE of these ASSHOLES will accept physical cash. And lots of STUPID PEOPLE will accept being CHIPPED or BIOMETRICS REGISTERED so they can NOT CARRY A PHYSICAL WALLET anymore. "I HAVE NO PRIVACY AND I AM HAPPY!" Quote Link to comment Share on other sites More sharing options...
spideysensei Posted September 12, 2022 Share Posted September 12, 2022 On 9/9/2022 at 7:53 PM, Truthblast said: Bitcoin is government(s) created in my opinion Could be. Sucks really because digital cash could be great, and make many things in life easier. Except were ruled by psychopath cultists trying to rob/control/kill us at every opportunity. Quote Link to comment Share on other sites More sharing options...
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