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Ray Dalio warns CBDCs will bring "zero privacy."

"Every transaction tracked... and if the government doesn't like your politics, they can cut you off right away."

6

U-P-G-R-A-Y-E-D-D · 1w

Stablecoins are now backdoor CBDCs Don't fall for the false distinction

The Bitcoin Act · 1w

He framed this as "coming soon," signaling that major central banks (including potentially the Fed) are advancing toward issuance, building on ongoing global pilots (digital euro, e-CNY, and Fed explorations).

Neigsendoig Cocules · 1w

There are actually no CBDC's right now. This dude knows that we don't have the technology to do that.

sister_sam · 1w

We are not far away without CBDC. Every transactions except a few is tracked. Hello de-banking.

sister_sam · 6d

Aaron Day is right. What this is administration is doing with stablecoins and with Clarity Act is de facto CBDC and worse.