my radio interview on the Steve Gruber show in Michigan about CBDCs in Russia, the US, and why the innovation of Bitcoin can't be matched by governments
https://omny.fm/shows/ccc/ya-l-on-the-steve-gruber-show-why-we-should-care-a#sharing
my radio interview on the Steve Gruber show in Michigan about CBDCs in Russia, the US, and why the innovation of Bitcoin can't be matched by governments
https://omny.fm/shows/ccc/ya-l-on-the-steve-gruber-show-why-we-should-care-a#sharing
This is one "good" reason to live in a 3rd world #latam country: a #cbdc will never be implemented in my lifetime. The populist government sustain itself printing #cash to paid for it's #peso denominated debt and social handouts thus ensuring a win in every election. It works because 50% of the population is poor and uneducated by design of the system. The rest are basically illegal workers or public servants. Not enough technological-aware critical mass to make a #cbdc work anywhere. On the plus side, those who went #bitcoin early already saved themselves, the very few of them. So, buy land from the corrupt government and build a #citadel here?
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