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1 sat \ 0 replies \ @blocktock 8 Feb 2023 \ on: It's disturbing how many people in this thread are defending CBDCs bitcoin
The vast majority in the U.K. are of the mindset that "nothing bad would happen here". One of the reasons why I left and have no plans to return. Too far gone now, they have passed the event horizon.
Long term, people will realise to earn in REAL money. In the short term however, this will bring so many new benefits to Governments that I can't believe anyone with sanity or a single brain cell believes this will benefit them:
- It will usher in crazy capital controls - even to 'aligned' G7 countries
- It will stop the exits into tokens & coins - without relying on commercial banks to do their dirty work
- It will allow them to steal & freeze assets from ANYONE who resists them
- It will allow them to surveil so much more easily
- It will allow them to implement their carbon austerity Ponzi agenda
- It will allow them to ration quantities of products per person
- It will slow inflation during the next round of printing
- It will give them a backup plan to when they super-inflate sterling (think maduro Petro)
Really, what is the general public getting from any of this? Besides yet another law they didn't vote or ask for? Just a wake-up call to exit sooner, for those that choose to open their eyes...