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If you're counting on government restraint you will be disappointed. Eventually they will use the CBDC for evil. It's guaranteed.
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If you're counting on government restraint you will be disappointed. Eventually they will use the CBDC for evil. It's guaranteed.
I have been following this situation here in New Zealand for a while including submitting feedback to the Reserve Bank and talking with some of their people.
Here is the post on X about Digital Cash:
https://x.com/TTOVpodcast/status/1797905129729040829
Here is a podcast episode that explores the situation more with @jamesviggy:
🎧 The Reserve Bank of New Zealand’s Money Printer with James Viggiano
Despite the CBDC situation I am overall bullish on New Zealand's pragmatism. Everyone has trauma from the Covid response so blind trust in the State is much lower than before. We have a very strong Bitcoin community here and relatively accessible government and institutions, with Bitcoiners and Bitcoin-aligned people in influential positions.