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RE: JAM DEX - Jamaica's CBDC - The Effects It May Have On Jamaican Society

in ReggaeJAHM • 3 years ago

Greetings Bredda,
JAM DEX - Jamaica's CBDC will be good & bad for Jamaica...it all
depends on what is "attached" to the use of this Babylon-DC or in other
words, what kinda traps/dependency/politics are "attached" to it...
Let's make a worst case scenario, sadly enough, it is not so far-fetched:
You have to be Vaxxed to get access, and they could come with this also later... after they let everybody have it...possible trap e.g.
Good is the introduction of digital money, and the pressure the people could create
towards Babylon to have better access to decentralized Cryptos, once they overstood the whole game that is being played here...

3 years ago in ReggaeJAHM by
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         3 years ago 

        Let's make a worst case scenario, sadly enough, it is not so far-fetched:
        You have to be Vaxxed to get access, and they could come with this also later... after they let everybody have it...possible trap e.g

        True true and worse like how it's not the last plandemic we will see in our life time. That's a good topic for a vlog ( why you shouldn't put all your cash into CBDCs)

        Yes, it's introducing them to the digital and getting them used to it. Many will feel more comfortable handling a decentralized asset like Bitcoin then. I heard the wallet provider talking (lynk) saying they want to offer crypto services but of course that all depends on the Bank of Jamaica. If they do it will be a great on/off ramp. The major key missing in JA.

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               3 years ago 

              I heard the wallet provider talking (lynk) saying they want to offer crypto services...

              That will be interesting, how that "will go down"...
              They are not trying to stop Crypto no more, they will try to regulate/control certain Cryptos they are trying to work with...

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