RE: Vaporizing Money

Wow, I usually stay on top of the news and hadn't heard of that. And like California, things that start out in China, eventually may make their way over here. First the social credit system, and now this.

I could see this being abused in so many different ways. Not only funds that expire, but may be limited to be spent only on on certain things. It could also be restricted to "favored" retailers as a way to further keep everyone in line.

I could also see the experiation dates lengthened or shortened to achieve a desired effect. The decentralized becomes centralized. A control freaks dream...

Posted Using LeoFinance ^Beta