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A CBDC is merely a tool of oppression. It needs to be said, and it is wrong to allow their collaborators in media and politics to act surprised when the oppress
by motohagiography 4y ago
A CBDC is merely a tool of oppression. It needs to be said, and it is wrong to allow their collaborators in media and politics to act surprised when the oppressiveness of the scheme is revealed. I think that governments have mostly given up on the polite fiction that they serve their citizenry, and their logic today comes down to the minimum coalition necessary to maintain their seat of power. A computational currency reduces that coalition to a tiny oligarchy.
The progress of CBDC's will likely rhyme a lot with the origins of Facebook and Linkedin, where there was open aggression and campaigns to discredit people who declined to adopt them, and today there are people on social media, and those who are not. Vaccine passports revealed the ugly and hysteria prone sadism of ostensibly normal people, and while nobody is perfect, these cetralizing technologies elevate the absolute worst aspects of human behavior as they compete to climb over one another to ingratiate themselves with compliance to it.