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101 sats \ 2 replies \ @leo 15 Jul \ on: CBDC - *coming to a country near you bitcoin
Meh. There's nothing CBDCs can do that existing payments cards/app don't already do. Easy to opt out, just use Bitcoin and/or cash. You still have a bank account? That's on you friend!
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113 sats \ 0 replies \ @redlight_pleb OP 15 Jul
If there’s nothing cbdcs can do that the existing system can’t, then why build it out? Cbdc can do lots more, they are putting smart contracts into this NZ system, programmable money. Only need to look at countries that have it implemented it to see the ramifications of it.
Easy to opt out as long as there is people accepting it!
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125 sats \ 0 replies \ @guts 16 Jul
CBDC will enable unelected technocrats to dictate how, when, where, on what and by whom it can be spent, including the imposition of social credit, carbon allowance and vaccine passport systems.
Megalomaniacs technocrats have every intention of gradually phasing out cash altogether.
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