In that scenario newbs would have to provide goods and services for sats. 

Back to using cowrie shells as a medium of exchange, I guess.

But I don't think cash will go away.  The first extended power outage in a cashless society will teach that lesson.

cryptocoin

Hypothetically, let's say they implement a full CBDC currency that blocks BTC transactions. There would be no more on-ramp from CBDC and no off-ramps.

How would we then onboard newbs into the BTC circular economy? It seems we would have to start making BTC donations for people to get started & that would be their initial on-ramp.

bitcoin

Pure Evil

soggycakes

Hypothetically, let's say they implement a full CBDC currency that blocks BTC transactions. There would be no more on-ramp from CBDC and no off-ramps. 

How would we then onboard newbs into the BTC circular economy? It seems we would have to start making BTC donations for people to get started & that would be their initial on-ramp. 