For the transaction contents to be transmitted to the CB before it completes, the merchant would have to integrate their systems to quite an extensive level and to a published standard. Unless they saw the economic benefit or were compelled by law to do it, why would they? I recognise the dangers, and think this can only happen by legal …
For the transaction contents to be transmitted to the CB before it completes, the merchant would have to integrate their systems to quite an extensive level and to a published standard. Unless they saw the economic benefit or were compelled by law to do it, why would they? I recognise the dangers, and think this can only happen by legal imposition. The public reaction to the loss of cash would likely be strong enough to oust whatever government imposed the CBDC at the next GE. Maybe that's what has to happen for those who think they control us to realise untimately they don't.
They’ll be compelled by law & only large retailers can do it swiftly.
I agree there is work yet to do but I’ve no concept of what this involves & to what extent they could they enact a less than perfect system & then refine it in situ.
For the transaction contents to be transmitted to the CB before it completes, the merchant would have to integrate their systems to quite an extensive level and to a published standard. Unless they saw the economic benefit or were compelled by law to do it, why would they? I recognise the dangers, and think this can only happen by legal imposition. The public reaction to the loss of cash would likely be strong enough to oust whatever government imposed the CBDC at the next GE. Maybe that's what has to happen for those who think they control us to realise untimately they don't.
They’ll be compelled by law & only large retailers can do it swiftly.
I agree there is work yet to do but I’ve no concept of what this involves & to what extent they could they enact a less than perfect system & then refine it in situ.