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the broader point here is with digital money things that would require discretion become automated which is the dystopia people fear think about it, the vast
by throwaway98797 4y ago
the broader point here is with digital money things that would require discretion become automated
which is the dystopia people fear
think about it, the vast majority of people break speeding laws. we are okay and on good days trust the cops to stop reckless drivers but let the morning commuters go.
apply the same logic to minor financial crimes
- RealityVoid 4y agoI'm sorry, I fail to imagine how this dystopia people are talking is any different than the current times. I feel people are assigning _way too much_ importance to the changes this will bring. Kind of how people assigned way too much importance to the changes cryptocurrency will bring. When crypto was young, really young, a lot of backers saw in it the brainchild of their favourite political system, the thing that will save them for tyranny. They just impregnated it with their wishes and desires. Well, I think that was silly. And in the same way, I think impregnating cbdc's with all their fears is just as silly.
- throwaway98797 4y agoi’m old enough to remember the patriot act over time it touched more and more people even democratic governments can easily abuse their power so i’m off the mind to limit their power politically, financially, and technically.
- Neil44 4y agoI do worry about that as a general point. We're all guilty of something random, in the future it'll be possible to find out exactly what by running an sql query against some huge govt database. And when we're all guilty of something it gives massive leverage against us.