It’s possible today to transact internationally, without banks, in near instant speeds, and in a way that is in some respects more like cash, not less.
If I want to pay you for your services in physical cash, that’s a direct transaction between you and me, no ruling authority or institution need be involved (aside from the obvious caveat that we’re exchanging in a national currency).
Many crypto can be used in similar manner, only now we’re not dealing with a mere national currency (and the shortfalls that entails).
That’s not to suggest banks aren’t needed though. Being able to transact is just one function provided by banks.
I don’t live there. And I’ve read a lot about what folks want to do in Europe - WEF and so on and I wouldn’t be surprised by most anything at this point. The control and non-sense is just on an epic level and I have never felt more sorry for people than I do these days, especially those who want it. I couldn’t imagine being that swindled and happily deceived.
Although the knuckle children prison sentence seems pretty out there.
If anything they’ve ever said is even remotely true, I have to be very VERY skeptical of anything coming this way. It seems like very sound advice. Thank you!