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I have a fear that in our current political climate, the introduction of CBDCs at scale will fracture digital money into Democrat money (CBDCs) and Republican m
by beaned 5y ago
I have a fear that in our current political climate, the introduction of CBDCs at scale will fracture digital money into Democrat money (CBDCs) and Republican money (crypto), and maybe even our economy into Blue and Red, every single economic action tinged with suspicion of either "censorship" or "racism," "communist" or "fascist" (though, to be political, they're the same thing), "self sacrificial" vs "hateful," etc, depending on which one chooses to use.
- programmarchy 5y agoKeen insight but not sure the factions would be aligned by political party, or if there’d be some other fracture line like corporatist (neo-liberal/neo-conservative) or populist (Bernie/Trump).
- beaned 5y agoYes, this could be, too. Already some communists and capitalists are united in seeing crypto as the peoples' money.
- JetAlone 5y agoSplit it four ways. UCPD (United Communist People's Dollars; it's an absolute inflation station, but in its defence, people just haven't really tried it yet), GrillBuxx (on the George Foreman standard), Diversynergium (On the front of the commemorative card it says "We celebrate our diversity; the concept is profitable." in latin) and Conspiracoin (A coin that goes up in value the more people discuss whether or not it should be shut down).
- JetAlone 5y agoIn this world, the comrades implement UBI in UCPD which seems great for a while but UCPD rapidly lost all its value. GrillBuxx also lose value, steadily, as the corporate world acting as a cartel agrees to starve them out by refusing to repair George Foreman grills or sell replacement parts to ailing church barbequemmunities. The people who depended on GrillBuxx move into the cities, ultimately, reduced to working at intolerably sensitive open offices for Diversynergium. In spite of having a small dedicated community of Conspiracoin barons roleplaying hype and drama with sockpuppets all day, it too crashes because eventually everyone else except the Diversynergium corporate deans and shareholders were too crushed by 90 hour workweeks for sky-high Diversynergium rents to be able to pay enough attention to keep it afloat. The poor workers of many diverse identity profiles and political viewpoints eventually die of asphyxiation when they can only afford to rent suitcases and fridges. The entire 4-segment economy crashes and the surviving descendants use rocks as currency.