4 ms·
Indeed, once you understand that you also understand the opposite - central banking and CBDCs. It's two opposite worldviews which lead to two very different def
by ibz 4y ago
Indeed, once you understand that you also understand the opposite - central banking and CBDCs. It's two opposite worldviews which lead to two very different definitions of money.
- once_inc 4y agoBoth Central Banking and CBDCs lead to the same outcome though; reduced personal liberties (privacy and economic freedom), and increased interference of the state with its constituents and the macro economy (skewing incentives through centralizing forces).