4 ms·
...which IMHO isn't necessarily a bad thing. Here me out: - you're already at the mercy of the "guys with guys" and the judges who direct them. - central ban
by asah 4y ago
...which IMHO isn't necessarily a bad thing. Here me out:
- you're already at the mercy of the "guys with guys" and the judges who direct them.
- central banks struggle to get timely complete information to make decisions. CBDCs offer a path to finally fixing this.
- central banks are very limited in what they can do today and in particular can't pop individual asset bubbles without cratering the economy. CBDCs offer a path to finally fixing this.
I know the crypto libertarians simply hate the govt, but frankly I love the (US) government:
- military that's reasonably competent (vs random warlords trashing everything)
- airports, roads, subways and infrastructure (vs every man for himself?!)
- air, water, food, etc that's reasonably clean (vs actually being poisoned or living in bubble?!)
The list goes on, but you get the idea.