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5 sats \ 1 reply \ @TheBTCManual 9 May 2022
LOL why would you need bitcoin's network when you're running a centralised ponzi token? Just fork ETH, its a CBDC it's mean to be centralised
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0 sats \ 0 replies \ @felix 9 May 2022
Because you will want to give certain assurances to other countries holding your currency, such as:
- Cannot be frozen / censorship resistance
- Transparent supply
Though I believe the better system (for the user) is simply stablecoins (USDT/USDC), which has a lot of resemblance with the free banking era.
There's no reason for CDBCs without capital controls.
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0 sats \ 0 replies \ @2bithits 9 May 2022
I think they wouldn't need to use BTC side chains for a CBDC
Most likely have an initial airdrop to sign up & claim coins. Centralized nodes etc
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