3 ms·
> And for the foreseeable future, governments have complete control over that Actually.... governments are demonstrably losing control over that. Governments
by StuntPope 5y ago
> And for the foreseeable future, governments have complete control over that
Actually.... governments are demonstrably losing control over that.
Governments worldwide are in process of destroying their currencies.
CBDBs will be social credit mechanisms of control.
Cryptos protect you from government. This year's run is because institutions are figuring out that bonds are dead and fiats are headed for hyperinflation, and CBDBs will be constructed in a way to preclude savings and capital formation.