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Comment by ๐Ÿš€ stack

Re: "CBDCs are coming, and I am not ready!"

In: u/stack

At least the VOLUME of participating has not been decreasing in your case! :)

๐Ÿš€ stack [OP]

Jan 09 ยท 8 months ago

1 Later Comment

๐Ÿš€ bytcorn ยท 2024-01-09 at 19:49:

Friend, if you thought Bitcoin was a halfway decent idea, if it was working as intended, then wait till you find out about a variant thereof that does, and more. I could talk for hours about how it has the capacity to completely replace PayPal and a few smaller credit card companies, on off-the shelf hardware, have opt-in privacy, can run DeFi, can be used to represent tickets, loyality points, shares and collectibles, and, most importantly, lets you give money to anyone, anywhere, anytime, for the fraction of a cent, without asking for anyone's permission. A real, honest-to-goodness peer-to-peer electronic cash!

Original Post

๐Ÿš€ stack

CBDCs are coming, and I am not ready! โ€” There are more rumblings of impending doom, Central Bank Digital Currencies. All assets will be tokenized and placed into a ledger, maintained by your favorite Central Bank. BIS had stated all assets, once tokenized, will carry with them conditional transaction limitations which banks will be able to programmatically impose. So long privacy and financial freedom. I just want cash, please. I've been, single-handedly, trying to bring it back, by paying...

๐Ÿ’ฌ 7 comments ยท 3 likes ยท Jan 07 ยท 8 months ago