RScoin is coming but do you want it?Top UK Telegraph journo Ambrose Evans-Pritchard just wrote about this planned crypto-currency in what is either an incredibly stupid and uneducated article or pure propaganda… it was titled “Central banks beat Bitcoin at own game with rival supercurrency.” The article is horrible central bank happy-talk that reads like the Bank of England wrote it for him and starts off with a blatant lie only three words in… this new RScoin, put out by the central bank of England, has not BEAT bitcoin. It is worse in every imaginable way than bitcoin… right down to the name. RScoin… central banker types aren’t exactly the most creative. We’ll call it FiatCoin around here.
But the underlying intent is deadly serious. Central banks apparently have in mind mimicking bitcoin but issuing electronic currencies themselves and charging people to buy the currency. People may actually pay the central bank directly, thus creating accounts with central banks!If central banks and their handpicked political hooligans are successful in banning cash, the central bank’s RScoin could become the only game in town for millions and even billions of savers and investors. And central bankers would love that idea because they’d have total access to those accounts. They’d know everything you were doing and the ability to seize or shut off your account at their choosing.It’s posited as a good thing. Everyone needs a second opinion on what they need to do with their cash and where they spend it. No doubt your friendly central banker will be glad to give you advice, and penalize you if you don’t take it.
Bron: Central Banks Move Into Crypto-Currencies as Part of Cashless Society Hustle | The Dollar Vigilante