The money has to be in a bank to pay certain bills. Without access to that cash, how does a person pay those bills?
They could essentially be evicted, get fired (because they can't get to work), have judgements placed against them (for getting behind on child support), and more.
How does someone still pay their normal day-to-day bills when their money is locked up?
Replies (2)
This is the whole point of CBDC. If you don't toe the line then you can be restricted, punished, cut off from society. Even if you've done nothing wrong, they can still do this. And you have little to no recourse. Like they say "we don't have to tell you why". They can absolutely hold your money hostage for months/years.
There are exchanges that will do Bill-payments for you. In Canada BullBitcoin has a massive list of payees. Billing company receives payment however they want, you pay in Bitcoin.
