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We will have to agree to disagree because your perspective, while understandable, I fundamentally believe is flawed in it views powers of the state as growing a
by alchemist1e9 4y ago
We will have to agree to disagree because your perspective, while understandable, I fundamentally believe is flawed in it views powers of the state as growing and large enough to overcome market forces that would otherwise chose superior money over inferior CBDC money. We could go on endless between us and in the end it comes down to how we perceive the nation state as evolving with technological changes that include Bitcoin and other modern private currencies. I’m fairly confident it’s much more likely globally the nation states will lose that battle in the end. However you will continue to argue that state power is large enough to counter this. It’s not a debate with a conclusion unless we wait for the future to happen. To your last comment, I would simply say you likely underestimate the scope and influence of black markets that will expand with the restrictions you imagine.