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0 sats \ 3 replies \ @cointastical 2 Aug 2022 \ on: Bitcoin, Stablecoins Can’t Solve Global Payment Woes, ECB Study Says bitcoin
They can't envision you regaining control of your own money, you not having to comply with their KYC requirements, nyou ot obeying their sanctions, and you not providing the information needed to comply with "travel rule" requirements.
Bitcoin is almost the opposite of a CBDC.
That's what I get for reading a review of the ECB report on CoinDesk rather than actually reading the ECB report.
CoinDesk totally cherry picked to fit their narrative.
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My busy life leaves me rely on summaries of these reports so Im sad to hear the points have been manipulated.
Did the report mention positives for BTC?
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Yes. There is another post, here on SN, which shares the report, and also has a comment reply that shares a Tweet from Alex Gladstein with the bitcoin-related stuff:
New European Central Bank Paper on Cross-Border Payments
#53252
https://www.ecb.europa.eu/pub/pdf/scpwps/ecb.wp2693~8d4e580438.en.pdf?972bbc119868c193467dc86f4a7cf706
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