When you get your CBDC airdrop what's your plan? Buy shit you don't need? Give it away or dump it for BTC? Cause you know they'll be airdropping that shit to make you use it!

Reply to this note

Please Login to reply.

Discussion

I’m curious to see how they try to roll it out. I’d insta buy Bitcoin, but that might get flagged quick.

Most likely they'll add it as a "feature" to existing banking apps. Would make the most sense imo. I don't think that the central banks will deal with monitoring the end users. They dump that on the banks and just collected the data thorugh the backend.

I will most likely steer clear of it even if they offer free money, but it will be tempting to scoop it up for Bitcoin.

It will be like a Bitcoin live fork. The money will just appear in your account. Probably with an expiry date attached to test expiring funds to prevent you from stacking "excess liquidity".

It will be interesting to see what happens. Thank god we have an alternative.

100% šŸ™

That might be the point when they start really trying to close the exit ramps in earnest. Could presumably use it to at least buy the bitcoin ETFs though?

They will probably try to do that yes. Should be an easy task to tag a CBDC to be non-spendable on anything crypto/Bitcoin related. Or any other product for that matter. One reason why I'm all-in on Bitcoin already. I get rid of all fiat the moment it hits my account.

To begin with I presume you should be able to spend the CBDC on food or whatever and then use the money you would otherwise have spent on food to buy bitcoin without the CBDC strings attached.