2 ms·
> making it easier for the state to monitor its citizens' actions. It also makes it easier for other people to monitor wealth being transferred, and switzerlan
by seydor 4y ago
> making it easier for the state to monitor its citizens' actions.
It also makes it easier for other people to monitor wealth being transferred, and switzerland hoards a lot of other people's wealth.
- robertlagrant 4y agoIt stores it. Why are you calling that storage hoarding?
- saberience 4y agoYep stores wealth for and makes money from dictators, war criminals, and international criminals. Of course they want to prevent a cashless society.
- favaq 4y agoThe solution to that is not taking the freedom from everybody.
- pacija 4y agoI want to prevent a cashless society as well, while not being a dictator, war criminal or international criminal.
- seydor 4y agoThen why do you want state-sanctioned cash? Use, i dont know, crypto or some other kind of non-state-sanctioned barter
- ahtihn 4y agoDo you think these dictators and criminals come to Switzerland with airplanes full of bank notes? Do you think there are vaults of physical cash? I don't get how this relates to having a cashless society.
- Etheryte 4y agoUmm, yes and yes? Their physical vaults are one of the things Swiss banks have historically been famous for. Not only cash of course, but also gold and other assets.
- x-complexity 4y ago> It also makes it easier for other people to monitor wealth being transferred, and switzerland hoards a lot of other people's wealth. This assumes that it is even possible to view the transfers in the first place. CBDCs are not publicly viewable by design.