RBA’s digital dollar to work ‘exactly’ like Australian money

“You can think of it as exactly the dollar that you know today but it’s in a different form factor,” she told Sky News Business Editor Ross Greenwood.

“A different technological format, which means that it can do things that the dollars we have today can not do.”

Source: News Formal (newsformal.com)

Do not want

Cash money or government controlled money hmmmmn. I believe I'll keep using cash

The Reserve Bank can shove their digital dollar up their *$$

Cash, guys, use it or lose it.

I think it’s a bit of bs they are spruiking

Nope

If I can’t put it in my purse or pocket, how is it exactly the same?

No thanks. You have robbed people's 💵 💵 No trust......... Digital money has no value. Stick it up your........

The RBA couldn’t even get PayID to work without failures… Just leave cash 💰 as the currency

Bash it where the sun don't shine.

This is the CASHLESS DEBIT CARD on steroids !!!!

Why change it then if it’s exactly the same.

Except programmable. We know we can't trust the RBA and clearly not the Gov

And everyone outside Australia is laughing at you. Get ready for your money to disappear if you make a social media post that causes someone offense. Good luck with that credit score.

Not for me because it will crash

Will not see the light of day, just a theory.

Surveillance economy's most important tool. You won't buy anything without Big Brother knowing. What happens when the overlords turn off your wallet for being a naughty citizen or they decide that you can't buy what you want, only 'politically correct' products/services for you.

Not now Not ever You can shove this where it fits CrimesAgainsHumanity

If it is the same why have it? Here is the 'cooker' in me. If everything is digital, control of the masses would be the end goal. No cash sales, pocket money, garage sale, no wrong think, no autonomy, no freedom. The nefarious agenda is limitless with digital money

'“A different technological format, which means that it can do things that the dollars we have today can not do.”' Such as: + Track all your transactions + Put expiry dates on yr savings + Remove money from you for bank 'bail ins' + Restrict access to money bc you 'deserve it'

It will fail! QFS

Bull

If it works like money… why do we need it.

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Tell them to park it in their back garage.

This is not my will. Rejected.

There is nothing exciting about smart contracts and the Australian Dollar unless you are a Dictator. No 'if this then that'. We want cash and no $ing Government oversight.

They want to control us and our money don't fall for it people? Please please don't embrace this😭

No way, go jump not doing digital bank losers

What happened to all the big corporate digital cyber attacks of databases?

Digital products & services rely upon uninterrupted power supply & operational running time. This can’t be guaranteed now so it’s going to be a fight for sure.

The CBA’s CEO, Board and Managing Director of Blockchain and Digital Assets, Sophie Gilder really doesn't understand that 'digital' money I.e. the cryptocurrencies are a scam and going down this path will destroy the CBA as well as world economies.

Thay will be using cardano blockchain

Sure it will.

In China last year, citizens opposing the lockdowns had their phones turned Red. They were denied access to everything, most importantly, their bank accounts. Digital Money is Communist BS. He whom controls your money, controls YOU.

Ah….nope, no thanks

Where’s Albo from Photo Ops? Asleep at the wheel again? Digital IDs and currency are a no go

This is the last straw. Those that have any capacity to think for themselves wish for freedom, liberty and free market capitalism need to die on this hill.

Except no cash being handled, 😂 no more cashies for tradies, illegal drug selling and buying could be much more easily traced. We have in place already $10000 transaction limits. Interesting times ahead.

RBAInfo you know what you can do with your DigitalDollar 🖕 You can.....

And there it is! The endgame.

No thank you we will use cash. Cannot trust these thieves with the bail in laws Turdball brought in.

NO.

Except with cbc’s central bank currrency they can freeze your accounts, put an expire date on your own money and take money from your accounts at will and more centralized control movements. Not the same

. Cash converters will have a whole new meaning soon

So just more creation out of thin air and no need to print it. The evil if monetary system is unfathomable. Ponzi scheme and now with no guard rails. Just wait until they program it to only spend at certain vendors or even lock your account

How can it work the same as Australian money... You can't put it in your pocket.

No thanks

I DO NOT CONSENT

So how we use it will remain anonymous and untraceable. That's good to know.

No. It's being petitioned for a good reason. Once trust is broken, it is hard to repair.

So then why can't we just continue to use actual money?

So it begins, total government control over our money. This is as bad as it gets.

Oh so it's a cash ban then?

If it works “just like money”, how come the patents say that the money is programmable and will be more of a token that can only be redeemed in certain ways?

Digital money from governments so they can have control. Huge red flag. Another conspiracy theory becomes spoiler alert.

Use cash & boycott any business that refuses to take it

No. Just no

And heeeerrrreeeeee come the cookers.

Russia or China hacked into our digital accounts and emptied them. You posted something negative on social media that we don’t like, or you’re not upto date with your shots, so we will freeze your funds or limit your spending amount. The pandemic already tested that water

SayNoToCBDC CashIsKing

Stupid fake smug happy face she has. Same face as when they were pushing the Covid jabs! 🖕🏻 Remember kids, whatever the gov say is good for us…it’s not.

And backed up by what? Government guarantees Sounds like another form of quantitative easing where money is just conjured out of thin air. What other people call fraud

So instead of printing money you can just create it digitally 🤣 Take your digital money and shove it up your digital ass.

Take your cash out of the banks NOW.

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Oh no it won’t.

Bullshit it will take our freedom from us.

But everyone on Gumtree and Marketplace wants cash.

More conspiracy theories coming true every day. Digital IDs, CBDCs...

CBDC on its way. Strap yourself in

except for the part where they can freeze all your assets at will.

No way! We'll end up like China.

Shove your control mechanisms. CommBank are WEF allies. They are deceptive pricks.

Buy bitcoin

No way in this life time will I use this useless garbage

🤪🤡🌍

FTS

No thanks

Govt dancing dollars

no, it doesn't work exactly like money because you can't touch it, save it for a rainy day, give it to your little nephew or niece or grandkid, give to a homeless person, etc.

I hope people understand. Eventually there will be conditions.

No thanks..

Its a voucher.

No.

The end of any financial freedom

Globalist control. Why is sky news not telling Australians what this actually is?

Bitcoin is going to pump hard,

We will not have a choice soon. All your accounts will be converted otherwise there is no point of implementing itl

NO

Lambs to the slaughter. The modern australian bbq

We are getting closer to total control

Australians soundly rejected The Australia Card in the 80s. After decades of softening up and dumbing down, we're expected to just accept a CBDC, which makes Hawke's Card look like the epitome of freedom. Don't let it happen.

Buy bitcoin and opt out.

Will be fine until power goes out and need to buy things… just ask NZ people without power how good things are with no cash

No

The RBA needs a proctologist basketball 🏀 player Digital finger response. 🖕

Buy Monero $xmr now!

No thanks.

Time to pull money out of the bank

No, it fucking won't.

Oh thank god! That's reassuring to know that government will still be able to steal value from its citizens money by counterfeiting more units of currency to finance their own operations. 🙃

Because we can trust them….

The bankers are gping bankrupt..... they need a way to still control the global money system enter social credit... it's like money but we'll shit it's nothing like money.... it is slave cash given to the workers of the world if they are good little workers I vote no

Anyone using government cryptos needs their head read. Rfox labs people run by a good Australian RFOX_Official

And so it begins...

Another stepping stone to a social credit system. Programmable currency that can be specifically allocated and spent or turned off completely is a whole new hell that awaits. GTFOOH!

Good luck people. Sounds great. 👍 CBDC

Hard pass. Stupid idea

No thank you.

Wake up people. This will be the start of the social credit system. Don't let the criminals that call themselves elected politicians get away with it.

HesterMofet1991 Nope I’ll stick to the old system thanks

No thanks!

Exactly like it but they can switch it off if you’re naughty.

If it works anything like our current money its broken before it even starts.. 🤷‍♂️

Will be a fee on every single transaction

CASH only

🖕

Do we get to keep it in a private wallet?

Just tracking and control of every cent, jam this authoritarian crap back up where it came from. Noncompliance to any government directive, or you protest and no access to any funds, it's bad enough now. NO

CBDC’s are rat poison, squared - Warren Buffett. This is where they lock every Australian down on their currency….

No thank you

Not using it. Welcome to Chinaustralia No!

Smoke and mirrors. This new digital dollar is unlikely to ever happen because according to RBA existing payment technologies are already adequate.

Except for power cuts and so on...

Yeah, there are no issues with this. None at all. According to authoritarian governments everywhere. 🥴

Yeah sure it will.. the government will also have the ability to control what you can spend your money on. it’s a spy coin .. ask the people from China how much they love the digital yuan.. CBDC are the perfect weapon to control the public… plain and simple. the end

WEF 101 🙄

Like hell it will. Protest by using cash.

They can stick their digital dollar. No way do I want them tracking every purchase I make to then charge whatever new taxes they decide.

Except you can’t get it out of an ATM machine or over the counter. Stick digital money where the sun don’t shine.

No thanks, I'd prefer to keep at least some control over my finances

I found and fixed a load of errors in the code for Bitcoin servers years ago. Cryptocurrency was a terrible mess, sure to end in massive fraud. Crypto has much better uses for things unrelated to currency. I don't understand what RBA are up to here. I'll look into it...

This isn't going to backfire on your average Aussie at all. Track me harder big gov

No way. Stick your digital dollar.

Until they decide citizens aren’t “up to date” with the latest jabs, or have produced too much carbon dioxide this month. The should terrify anybody with capability of independent thought.

Hahaha...NOOOOOO

Is this the same marketing strategy the Chinese used on their people😂🤡🌎

Here 'tis. The thin end of the wedge.

And if you do or say anything the Government or ‘powers that be’ don’t like.. access to your account is switched off like a light. Oh and, you can’t buy that product, your carbon footprint has been too high of late..

Digital wallet = total control. Say NO to CBDC 's.

Negative interest rate on saving accounts no thanks

I do not consent to this

Don’t fall this evil bs Aussies. Digital money is slavery and the end to EVERYONE’S freedom.

Yeah nope

'...new digital dollar will work “exactly” like Australian money...' Seeing the board is full of Liberal party appointees... 💠Will be easy to scam 💠Turn into a Trillion dollar debt 💠Be used to transfer rorts to the Cayman island Replace that board first please.

NO THANKS 🤬🤬🤬

👆👇CorruptedMob

No thanks. This is a huge step towards govt full control.

A Big BS!

How come Sky isn't reporting on the RobotDebtRC ... Even after a Sky interview was used and quoted in today's evidence?

Lol I will stick to bitcoin thanks

except .... you can't buy that diesel car and you've had too much red meat this month.

haha

Yeah no thanks they keep there crap of tracking,until proven it’s backed by XRP, sliver and gold

Except.

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