111 sats \ 1 reply \ @SatsMate 16 Jul \ on: CBDC - *coming to a country near you bitcoin
What gives me hope is what recently happened in Nigeria! The government rolled out a CBDC and it was not received well at all - in fact it failed.
I think many countries will face the same situation that happened as Nigeria with one caveat - stimmies being attached to the CBDC. I think this will be the trojan horse for the masses to get into CBDCs is through a stimmy check.
People will do everything for a quick buck, the problem is once they get that and cash is phased out, then they are in a bad place for perpetuity.
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13 sats \ 0 replies \ @redlight_pleb OP 16 Jul
Exactly how I see it, the welfare state is how they get everyone on it. Found an interesting statistic on NZ the other day, at least 50% of the population is on a form of stimmie!
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