When people are the most desperate, the government will issue stimulus using CBDCs.
Don’t get caught with these two options: Misery or CBDC.
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Cake or death. 😂
I will immediately buy BTC with my CBDC stimi (if it's not banned). Then, immediately self-custody it.
What % of population globally are dependent on state pension. Makes me think that saving the grandma slogan wasn't just for Covid.
It's not an individual choice. What do you do if your economic peers are all bought into CBDCs ?
Doesn't matter if you don't get caught. If enough people are, you lose anyway.
I don’t agree
I don’t think this is true for me even if it’s for others.
I'd think by definition cbdc would be coupon-like and holders won't be able to buy what they want freely already, let alone buy investments with it, which BTC would be considered by the policy makers.
Also likely not able to transfer it to other people. CBDCs will most likely not be fungible.
Hmm ...I haven't thought about that. I can see that, but maybe that'll come at a later time?
Cuz let's say you rent from an individual, then you need to be able to transfer cbdc to your landlords personal account. So I see that still happening as long personal possessions still exist.
nostr:npub1yvqpu3d9k92dzc8y2svg4t3x6xsfaq48k7kew2dwumywanxnwq2sdrpce2showed that CBDC in Cuba are tightly controlled and you are only able to use it at government approved places/stores (about half way through the video). I would not expect anything less than that.
Government is not going to let people opt out via CBDC, the whole point is to keep the broken money printing system going along with a huge scoop of control.
Well Trudeau is closely looking at third world countries for inspiration on how to run Canada so I wouldn’t be surprised
The title of that video is funny. Cuba's money has never been a success. It’s always been failing and it can only continue to do so.
It'll be much more simple than that. You'll be switched over without even knowing it. Your bank will "just work" with all these "new benefits" for free!
E-coin...
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