Https://Twitter.Com/Quant_network/Status/1448558106900893696?S=19

Jeff, being a UK Qnt hodler this is positive news for QNT but alarming and concerning news for UK residences. This is the first I am hearing on this, there has been no pre mention politically or in the news that I'm aware off and this will effect every person in the UK. I express concern here because its important to understand what this actually means and I dont want to act in fear or make wrong assumptions but hope you can understand UK holders will obviously want more information and have concerns. Where can we be directed for specific information detailing the role out and what this means to British individuals, Economics and society please.

Hmmm I'm not so quick to skip down the yellow brick road just yet. I would like more information provided by QNT team on the more far reaching implications and role out from their prospective as they are instrumental in this undertaking and certainly it is up to us to educate ourselves we can fully agree on that.

I think people are panicing too much about this ... Every bank transfer we use today is tracked naturally - cash will not vanish completely for the next 20 years but CBDCs are complementing the existing system ... The only thing that changes at the moment is that our digital cash from today will be turned into CBDCs and there will be limits to cash payments

Lol! Me too. Am from UK too. 👍

Looked in the newspapers today nothing really mentioned yet so weird knowing early but glad that we at least do more time to put my fiat into qnt

😱Clare cheating on DAG, im gonna tell ben

Lol it's not cheating if they are partners. What can I say I want a quant gateway to connect to DAG nodes

Quant 🤝 Constellation

It's going to be insane together they take each other to levels beyond this galaxy. Every financial transaction is no more than Data, $DAG enables the value of that data to be monetized. DAG and QNT together is kinda like the fed reserve just printing money but this will have an upward spiral boost for digital economy where as fed printing money has a neg effect on fiat. This is based on my own research and opinions not that of either DAG or QNT but when both networks combine it will surely be 🔥🔥🔥

It's frightening. They can turn your money on and off at will based on your social score, or they can put time limits on when it must be spent, or apply your green credits if you want to but an airline ticket, the control will be limitless.

Commies. Must defeat Commies. 🍻

It's an overreaction banks and the feds at any time can already freeze bank accounts if you're suspicious. You don't really need CBDC tech in order for invasive and privacy lacking tech to be implemented in a system already is invasive.

How exactly can they turn your money on and off? And why would they? If your breaking the law then the bank can do the exact same thing. You can be track by where you draw cash out an ATM. This changes nothing... The pros out way the cons sir. People are becoming more and more paranoid. Also they absorb total crap and nonsense from the internet and spread that information endlessly....I feel sorry for the younger generation. At least your Quamfy sir.

A friend of mine used to work for a bank protecting the accounts of high net worth individuals (something like that anyway). He told me they could see every single transaction, what they were buying and where. He was in anti-fraud dept and had to look for suspicious activity. He got to know the lives of every customer he was responsible for, even though they didn’t have a clue he was watching them spend their every penny. They even had codes for sexual buying activities (escorts, brothals etc). The banks know exactly who we are and what we’re doing already anyway.

Kek

Yeah every country is a surveillance state. It's a way of protecting the people and keeping them in check. Some more than other obvs. Also once / if CBDCs become the norm I can't imagine the majority of people would leave their money in CBDC's. The opportunity to stake, invest, lock in are endless. We will see more and more opportunities on the Blockchain. It would become so much easier/cheaper to move funds around also. A bankess future 💪 What I mean by that is banks as we know them won't exist. A new form of bank will evolve. We are seeing that already. You can download apps and create bank accounts in seconds. Bank branches are closing down all over the UK.

Yup I have both a Wise and Monzo account. Opened in Seconds and super easy apps to use. Still have to KYC but 🤷‍♂️ at least I don’t have to walk into a stuffy bank