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"Inescapable feedback mechanism"

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Grass is Green

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Recent announcements by the fed regarding a potential central bank digital currency (CBDC) have deferred the authority to issue such an official cryptocurrency to the U.S. Congress, placing the proverbial ball in the House's court. This may be the beginning, or soft launch, of such a legislative movement.

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justbrowsing

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Is that a feedback mechanism? I would liken facebook / social media / phones to an inescapable feedback mechanism for 99% of society.

Grass is Green

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Is that a feedback mechanism? I would liken facebook / social media / phones to an inescapable feedback mechanism for 99% of society.

You're on the right track. The title of this thread refers to a statement made in the notorious Rofsy thread, wherein it is said...

Quote
There are terms in MECHANICAL ENGINEERING: LAG and LASH, for example! You likely know LAG already. LASH can be defined as: the maximum distance through which one part of something can be moved without moving a connected part. The next system eliminates the LAG and LASH inherent with FIAT. Think of it this way. You have two domestics in your employ. Domestic A is willing to perform the household tasks, and is generally competent in doing so. However, one must provide specific instructions as to every action desired. For example, you return home and Domestic A greets you at the door. You have to tell it to take your coat and direct it to prepare dinner. Regardless of the fact that your routine seldom varies, the domestic requires direction! One deals with varying degrees of PASSIVE RESISTANCE. Now apply this RESISTANCE across vast numbers and CALCULATE the WASTE! Domestic B greets you at the door and wordlessly takes your coat, and leads you to a sumptuous banquet...carefully prepared and flawless in execution and plating. You finish the meal and find the fire prepared and your favorite drink ready. Later, the bedsheets are carefully turned down and your nightwear laid out carefully. All without the need to issue commands. The first system has excessive LAG and LASH. System two provides FLOW and CONTINUITY with no wasted effort. The holy grail of engineering...ABOVE UNITY! FIAT has done its job. The NEXT system implements a level of control with an inescapable feedback mechanism which encourages seamless and utter COMPLIANCE!

Replace "Domestic" with "humanity." Consider the repercussions of a programmable CBDC, which can only be used to buy specified goods or services. Connect that back to your point of social media, vis-a-vis a social credit score, which is already being implemented in China. Now connect all that to the recent patent filed by Microsoft for a cryptocurrency system attached to a digital device attached to the body.
Last Edit: July 05, 2022, 10:36:24 PM by Grass is Green
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FluffyFractal

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Replace "Domestic" with "humanity." Consider the repercussions of a programmable CBDC, which can only be used to buy specified goods or services. Connect that back to your point of social media, vis-a-vis a social credit score, which is already being implemented in China. Now connect all that to the recent patent filed by Microsoft for a cryptocurrency system attached to a digital device attached to the body.

Except that in that thread, 'Rofsy' was asked if it was social engineering via digital currency and social score (I believe someone asked about the Chinese 'Sesame' system and he said no).  That being said, I wouldn't put it past 'him' to lie.  Also there was some speculation that the control system would be based on food and water production.  Who knows, it could be D) all of the above.  Whatever it is, we need to prepare, which is hard, since we don't know what we don't know (aka: For Want of Knowledge, My People are Lost)
:(

 

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