War on Cash leads to a Cashless Society, CBDC and Social Credit Scores - Mark Moss

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Uploaded: 25 Apr 2021 (5 years ago) · Shared: 30 Apr 2021

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Warning: The Currency Reset Is Happening | Huge Updates!! - Mark Moss ✅ Click Here For Mark's Currency Reset Bulletproof Investing Free Event ➡ https://go.1markmoss.com/Jake-Ducey I've made quite a

few videos on The Currency Reset. But there's been a lot of new developments in digital currencies, negative interest rates, and how that can affect the future of the financial system. There's a lot of investing opportunities as we continue to print more and more money. Mark Moss gives us the updates on what's been happening during the currency reset, and what we can expect to come next. Many people are asking 'When does the currency reset start?' -- but Mark says today that The Currency Reset has actually started already.. and this is how to prepare best.

Warning: The Currency Reset Is Happening | Huge Updates!! - Mark Moss

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EXPLORE TOPICS : SOCIAL CREDIT | 17 CASHLESS | 26 CBDC | 10 CENTRAL BANK DIGITAL CURRENCY | 2

Overview & Key Concepts

What is Social Credit?

The Social Credit System is a national reputation system being developed by the Chinese government. By 2020, it is intended to standardise the

assessment of citizens' and businesses' economic and social reputation, or 'Social Credit'. The system will be one unified system and there will be a single system-wide social credit score for each citizen and business. The system is considered as a form of mass surveillance which uses big data analysis technology. Critics will point to similar 'surveillance' systems already in operation in western countries.

What is Cashless?

A cashless society describes an economic state whereby financial transactions are not conducted with money in the form of physical banknotes or coins

Transactions are through the transfer of digital information (usually an electronic representation of money) between the transacting parties. Cashless societies have existed from the time when human society came into existence, based on barter and other methods of exchange, and cashless transactions have also become possible in modern times using digital currencies such as bitcoin.

What is CBDC?

Central bank digital currency, CBDC or digital currency is the digital form of fiat money. Fiat money being a currency established as money by

government regulation, monetary authority or law. The present concept of CBDCs was directly inspired by Bitcoin, but CBDC is different from virtual currency and cryptocurrency, which are not issued by the state and lack the legal tender status declared by the government. CBDCs are presently in early hypothetical stage, with some proof-of-concept programmes.

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