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11 sats \ 3 replies \ @DEADBEEF 21 Oct \ parent \ on: Billionaire Ripple founder has given more than $11.8 million to Harris campaign Politics_And_Law
This right here. I believe Ripple was originally conceived of a being used by banks - so pretty much a CBDC.
This got me thinking and one place that could be interesting to have a CBDC would be with taxes. But instead of the government programming the money, the taxpayer would program what their taxes could be used for and the government would be force to abide by it.
Of course the government would never go for this and I have no idea how such a system would even be implemented without the CBDC being turned back on the citizens. But it is interesting to speculate how government spending would have to flip on its head to actually reflect the wishes of the people.
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I've been much more effective when talking to people about the immorality of taxes when discussing how their money is used to do things they believe are immoral. And asking, why couldn't it be different? It could be.
And if no one would fund x... then how is it not just theft. Or why should y be funded? There's a reason why these types of conversations are avoided.