3 ms·
>And any future authoritarian regime will of course not play by today's rules Or current authoritarian regimes. We have already seen protesters in Canada have
by StanislavPetrov 4y ago
>And any future authoritarian regime will of course not play by today's rules
Or current authoritarian regimes. We have already seen protesters in Canada have their bank accounts frozen by edicts from the government without any sort of trial or legal process. Truly frightening to think what they would do in a cashless society (which is the ultimate goal of centralized digital currency) to coerce all sorts of desired "behavior".
- m348e912 4y agoThe Canadian government didn't just freeze bank accounts, they froze bitcoin addresses that the protesters used to receive donations from supporters. There is no reason for me to think that a CBDC wouldn't be used the same way.