Great - and chilling - article by Bangkok-based writer and journalist Nicholas CREED commenting on the CBDC-juggernaut that is steadfastly coming our way.

https://nicholascreed.substack.com/p/cbdc-digital-id-dragnet-trap

 

 

Digital euro launch October 2025, multiple nation-state misleaders gagging to roll-out digital ID, harvest biometrics, & fuse private corporation contracts over your data with the state...

 

= = =

The lengthy and well-researched article provides an 'off the beaten track' view on the whole CBDC-thing and is well worth a read.

The writer concludes with

WHAT CAN WE DO?

 

1. Preserve cash. It is convenient, untraceable and there is no third party needed to verify a transaction. Try ‘cash Fridays’ where you use only cash to pay for things at least one day per week.

2. Boycott businesses that proudly state they are ‘cashless’. Tell them why they won’t get your business.

3. Buy physical gold and silver to protect the purchasing power of increasingly debased and devalued fiat currencies. As well as being a hedge against inflation and a long-term speculative asset, precious metals will undoubtedly be used in emerging parallel societies to transact with. *Case in point being when Venezuela turned to gold nuggets to transact with as their local currency imploded.

4. Develop relationships and networks within local communities for mutual support across goods and services for small businesses. This could lead to an invaluable barter society, when big business supply chains further breakdown and hyperinflation ramps up.

5. Learn about cryptocurrencies in the sense of decentralisation, sovereignty, privacy, and anonymity.

 

My comment > I completely agree with points 1 to 4, but am quite skeptical about crypto as a means of getting us of this whole mess...

Buy little bits of gold. Can buy a 1 gram piece. Big 1 kilo blocks no good to go shopping in the market, for new 40 baht shorts.

3 hours ago, Red Phoenix said:

My comment > I completely agree with points 1 to 4, but am quite skeptical about crypto as a means of getting us of this whole mess...

 

Yes agreed  the powers that be are attempting to usurp crypto for their own nefarious means...a trully independent crypto is what they fear the most.

 

cash is good  gold,silver and other physical assets are essential if/when the return to the barter system happens...of course real life skills will then also become very valuable again...and pushing bits of paper from desk to desk decidedly less so.