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   CANACHAT      Canadian chat conference      1,128 messages   

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   Message 465 of 1,128   
   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   
   PID: Synchronet 3.19c-Linux master/cb76b1463 Feb 20 2022 GCC 7.5.0   
   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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