#662755
Postby 1nvest » Today, 9:44 am
Trades/activity involving crypto, or even straight physical gold/silver coins - can be a trigger for account closure. A pathway towards greater selectivity as time passes (paid for any activity/event/product that the state doesn't like resulting in being 'excluded').
What may very well arise is the decline of the Pound. If for instance some brokerage started that was based outside of FATCA and that permitted partial shares to be transferred between different accounts (as payments for goods/services) combined with a broad/general stock index fund option, then individuals might relatively easily use that as 'currency', have no need for Pounds other than collecting benefits or paying taxes (state based transactions). A trickle away from the Pound could turn into a torrent, and the state/central bank losing a lot of influence/control (few using the Pound). GSI = global stock index accumulation fund, and a pint in the UK might be 0.3 of a GSI share where touching your phone has that transferred from your GS brokerage account into their GS account. Same 0.3 if you buy a pint in Spain, no need for Pound FX. And rather than Pounds debasement, things costing more next year than this year due to 'inflation', prices over time become cheaper (a broad stock index total return accumulation fund share is inclined to see each shares value gain in purchase power terms over time).
Fundamentally street/road cameras that monitor your every move, along with geolocation tracking (phone), call content/pattern, internet activities, financial transactions ...etc. is a Open Prison based system, loss of your freedom. Some accept that however it only takes one government rising to power that has different views to that of your own as to what is 'acceptable' or not to induce personal issues. No different to China where if you don't support the state then you may lose your home, job ...etc. or worse.
When you vote they'll be typically four in the room, one monitoring the three at the desk, and where the first of the desk clerks will check your ID and name/address, and then a number will be associated between that and the voting papers you'll receive. You cast your vote and ... the state has a cross reference of who you voted for, the association number and your name/address. When something can be cross referenced/recorded there's a high probability that it is being recorded/added to your state maintained database. So not even is the UK voting system a secret based system. Maybe the next phase in the UK might be those who voted the 'wrong' way having their bank accounts being closed.
But if people just accept such things!
