I am utterly unafraid of CBDCs.
The hysteria is mostly formed from superficial doom-circle-jerk analysis. Successful CBDCs will be a private federated ecash (or something very similar), the wisest bu...
I hope you are right. 🧡🤞
CBDCs have the POTENTIAL to be severely abused by governments.
Private banks have more consolidating to do yet. When there are only a few, large banks left, the fascism, (indeed the Protectionism already exists) will make "private" a technicality.
Technically the US Federal Reserve is private.
Banks are already colluding with people like Elizabeth Warren.
Bitcoin IS hope.
But we must not get complacent either.
CBDCs have the POTENTIAL to be severely abused by governments.
Private banks have more consolidating to do yet. When there are only a few, large banks left, the fascism, (indeed the Protectionism already exists) will make "private" a technicality.
Technically the US Federal Reserve is private.
Banks are already colluding with people like Elizabeth Warren.
Bitcoin IS hope.
But we must not get complacent either.
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