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I don't have optimism or enthusiasm for CBDC, but it seems like it's bo different from the system we have now. All transactions are already digital, tracked, re
by phendrenad2 4y ago
I don't have optimism or enthusiasm for CBDC, but it seems like it's bo different from the system we have now. All transactions are already digital, tracked, reported, and can be intervened in by your government. So what changes? The money system of the world is a series of computer programs run at banks. CBDC would just be changing those systems to run... blockchain algorithms. It's actually quite pointless to apply blockchain to something thst is inherenty centralized (which is why I have no optimism for CBDCs, they're a waste of everyone's time).