21 sats \ 3 replies \ @SimpleStacker 10 Oct \ on: cbdc = attack on physical cash ideasfromtheedge
I don’t really understand the idea of CBDCs either, except to just have a programmable money that’s explicitly not interchangeable with cash and that is designed from the ground up to allow for government intrusions and controls.
Why would anyone want that? The true shitcoin. Worse than f***ing doge
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0 sats \ 2 replies \ @redlight_pleb OP 10 Oct
The way they will get most people is out of convenience, you see the proliferation of payWave payments - not because people didn’t have a card in their pocket that needed 4 numbers punched in - but because of thoughtless convenience.
I believe they start the whole ball rolling by making you sign up for the cbdc to get your government handout - no cbdc , no benefit payout. Need a cbdc to pay taxes for businesses, need a cbdc to pay your local rates etc.
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0 sats \ 1 reply \ @SimpleStacker 10 Oct
If CBDC actually gets released, watch the price of Bitcoin skyrocket.
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0 sats \ 0 replies \ @redlight_pleb OP 10 Oct
And the ability to purchase Bitcoin with said cbdc diminish very quickly. Stack hard now!
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