Comment by 🚀 bytcorn

Re: "CBDCs are coming, and I am not ready!"
In: u/stack

Friend, if you thought Bitcoin was a halfway decent idea, if it was working as intended, then wait till you find out about a variant thereof that does, and more. I could talk for hours about how it has the capacity to completely replace PayPal and a few smaller credit card companies, on off-the shelf hardware, have opt-in privacy, can run DeFi, can be used to represent tickets, loyality points, shares and collectibles, and, most importantly, lets you give money to anyone, anywhere, anytime, for the fraction of a cent, without asking for anyone's permission. A real, honest-to-goodness peer-to-peer electronic cash!

🚀 bytcorn

Jan 09 · 9 months ago

Original Post

🚀 stack

CBDCs are coming, and I am not ready! — There are more rumblings of impending doom, Central Bank Digital Currencies. All assets will be tokenized and placed into a ledger, maintained by your favorite Central Bank. BIS had stated all assets, once tokenized, will carry with them conditional transaction limitations which banks will be able to programmatically impose. So long privacy and financial freedom. I just want cash, please. I've been, single-handedly, trying to bring it back, by paying...

💬 7 comments · 3 likes · Jan 07 · 9 months ago