South Korea’s CBDC pilot will involve seven major banks issuing deposit tokens, enabling 100,000 participants to make digital payments at top retailers like 7-Eleven, Hyundai Home Shopping, and Kyobo Bookstore.
From April through June, there's this FIRST trial rolling out. It's claimed to be using something called Distributed Ledger Technology (DLT) shit, just a fancy way for the government and banks to keep an eye on everything. We're talking about 100,000 people who are now open to a whole new level of surveillance and control over their finances.
It's not decentralized or permissionless. It's a centralized, permissioned ledger firmly under the thumb of the government. They can freeze, seize, or mess around with people's assets.
stacking sats. It's the only real way to take back control and ensure our assets remain ours, no matter what these central powers try to do.
Required alert: