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15 sats \ 3 replies \ @quark 30 Mar 2023
Some time ago, I did ask some nocoiners what they think about the coming digital euro and some didn't even know what it is and the others were positively excited about it. The future doesn't look good if this would be a good representation of the majority of people.
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5 sats \ 2 replies \ @Undisciplined OP 30 Mar 2023
There are a lot of people who trust the system implicitly and want the convenience. I don't think it matters what the majority want to do. They're welcome to it.
If we're persistent enough, we can have our preferred system too. Look at the Amish. They're an extreme minority that doesn't comply with anything the state makes everyone else do.
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5 sats \ 1 reply \ @orthzar 31 Mar 2023
The Amish* are able to have a small parallel economy only because their religion prohibits them from doing things that would make them politically/econonomically significant. As a result, the US can afford to ignore the small Amish parallel economy.
But Bitcoiners are not economically and politically irrelevant. Bitcoiners are very active in technology, business, and politics. In a CBDC world, Bitcoiners would be like a white-hot flame in a cave. No nation-state will be able to ignore Bitcoin. There is a good chance that Bitcoin will soon become an existential threat to the top nation-states -- and they will treat Bitcoin as the national security threat it is.
(* There's more than one kind of Amish and there's also Mennonites. I'm skipping all that complexity, because it's irrelevant here.)
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0 sats \ 0 replies \ @Undisciplined OP 31 Mar 2023
The context here was that most people would be perfectly content with CBDC's. In that world Bitcoin isn't an imminent existential threat to the state and we are a small minority (bigger than the Amish*, but still small).
They would be willing to invest more in bringing us to heel, than with the Amish*, but the point is that the juice isn't worth the squeeze. If we can make it not worth their while, they will leave us alone and pretend we don't exist.
If we're in this other scenario, where people are drawn to Bitcoin, because they realize the state is horrible, then it is a fight for survival. In that case I agree with your assessment.
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0 sats \ 14 replies \ @DarthCoin 30 Mar 2023
Why people consider cash as "private"?
Cash have serial numbers and IS NOT YOURS, is not your property. Is just a fucking paper own by somebody else.
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20 sats \ 3 replies \ @kepford 30 Mar 2023
Private isn't a boolean. Cash is more private and harder to track than the credit card system. They do indeed track cash by the numbers. They also do other things to track cash. The state is not this all seeing eye with perfect knowledge but also they are evil and tracking and controlling everything they can.
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1 sat \ 2 replies \ @Undisciplined OP 30 Mar 2023
I agree that it's not binary and that in some cases bills are tracked. However, no one is keeping track of every minor cash transaction, which they would have to do to know who has each bill.
What would even be the point of tracking bills at that level? It would be enormously expensive and serves no valuable purpose.
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11 sats \ 1 reply \ @kepford 30 Mar 2023
Exactly, this is why they want to kill cash and move everything to CBDC because it makes tracking/control much more efficient.
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1 sat \ 0 replies \ @Undisciplined OP 30 Mar 2023
That was going to be my next point, if someone pushed me for another one.
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21 sats \ 4 replies \ @franzap 30 Mar 2023
serial numbers... lol this is next-level paranoia
Cash is much more private than Bitcoin by default.
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0 sats \ 3 replies \ @DarthCoin 30 Mar 2023
Cool. Now dump all your BTC for cash.
I will be glad to take all your BTC.
HFSP
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1 sat \ 2 replies \ @franzap 30 Mar 2023
I said "by default".
Have Fun Staying Angry
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0 sats \ 1 reply \ @DarthCoin 30 Mar 2023
Explain how something that is NOT yours can be private for you?
Cash fiat papers are NOT yours. Are not your property.
That's why they can CONFISCATE IT.
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13 sats \ 0 replies \ @franzap 30 Mar 2023
Cash are bearer credit instruments. The fact that they're backed by shit fiat institutions doesn't make it any less private. You're mixing up privacy with hardness. I never said I would hodl cash.
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1 sat \ 4 replies \ @Undisciplined OP 30 Mar 2023
People consider it private because no one is keeping track of who has which bill. They are effectively perfectly fungible.
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0 sats \ 3 replies \ @DarthCoin 30 Mar 2023
You are wrong. They keep track. Until they found one on you...
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1 sat \ 2 replies \ @Undisciplined OP 30 Mar 2023
Cool story. Any evidence or even a plausible mechanism? What about coins? They don't have serial numbers.
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0 sats \ 1 reply \ @DarthCoin 30 Mar 2023
fiat coins are meaningless. Are just for fun to make sheeple believe they have money coins.
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21 sats \ 0 replies \ @Undisciplined OP 30 Mar 2023
So your answer is "no", I take it.
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