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Comments (22)
Ohhhh and people thought inflation was bad.
If this doesn’t lead to China’s revolution, I dont know what will. People will only put up with so much.
Only a small fraction of one :/ but it’s a start
Like a hamster on a wheel to survive
I may be retarded but I cannot imagine that being accepted by people in Western nations. There’s just no reasonable way to polish that turd that I can imagine would make it accepted no matter the media spin. “Don’t piss on my head and tell me it’s raining” would be the reaction. But maybe I have too much faith left in humanity.
Wait, I thought “work or starve” was how Americans defined ultimate freedom. What’s going on here?
When is the first expiry date going to happen?
Not just expiry, they have categories that comes with it, a portion for food and groceries, public transportation, entertainment and so on. Source: I live in China.
so clumsy and brutish. what they really need is some kind of exponential falloff, say 10% a year decline in value. Far more civilised.
Use it to buy gold
[deleted]
Yup, come at me scammers
Going to lead to some very strange spending habits. Can’t just pervert the money signals to that degree and expect things to end well.
You’re going to end up with an economy like where the currency is hyperinflation and people want to get rid of it as soon as they get their hands on it.
Bitcoin got no expiry dates 😉
Digit. Cirrency is our reality…
Meh… Take that digital fiat and buy gold (assuming they don’t allow Bitcoin purchases).
This is extremely dangerous.
FREICOIN vibes,
UK likes this idea also… they just waiting to see how it is going in China
McDonalds employee: “Would you like to make that a combo?”
Me: “Not really, but my money is about to expire so go ahead.”
Spend it on BTC! Just wait… the next kicker is that there will be different CBDCs. They’ll break your paycheck down into food credits, housing credits, luxury etc…
They’re fucked.
Aaaand it’s gone