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You can't ban someone from owning or using cash. But you can do so with a CBDC.
by csomar 5y ago
You can't ban someone from owning or using cash. But you can do so with a CBDC.
- BitwiseFool 5y agoYou can also dictate how the funds in a CBDC wallet are spent. There was a proposal that CBDC wallets could be issued stimulus funds that expire unless they are spent within a certain time frame. This is to prevent people from just putting the check into a savings account.
- csomar 5y agoCBDC are just a huge/national bank. It's a dream come true for the Marxists.
- spiralx 5y agoAs far as I'm aware CBDCs are a largely theoretical concept right now, do you have any links to an implementation such as you're describing?
- MonkeyClub 5y agohttps://www.ecb.europa.eu/paym/digital_euro/html/index.en.html https://www.ecb.europa.eu/paym/digital_euro/html/index.en.ht...