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I'm doing the Bank of Canada survey on CBDCs & it's disturbing, I'm over 60% done, but here's a few highlights 👇🏼

🚨 If you're Canadian, do the survey! https://twitter.com/bankofcanada/status/1655603693264203777?t=pwUEVZiE_0penkIa11OBLQ&s=19

There's inherent bias in the questions, which may skew how people percieve other options like Bitcoin:

Also, the answers seem to imply they intend to impose limits for how much $ Canadians can hold or receive - they should be asking instead whether we should treat digital dollars like cash if they intend to replace cash

The consultation is overall childish, I hope there's an opportunity for more nuanced feedback on something this important! Thatvsaid, I'm glad there are some spots for more feedback - here's mine on if I think Canada can keep a secure CBDC

Also, lol,

localist 2y ago

That’ll be you on a list then! Will have a look later. I wish they would drop the fluffy digital dollar nonsense and start referring to programmable vouchers.

Freeland and Trudeau have already provided a preview of where this is headed with debanking political opposition. Digital Moosebux will be a hard fork of the Digital Yuan:

Savings limits. Expiry dates. Geographic ring fencing. Personalized inflation and interest rates. Over your carbon allowance, bus tickets only. Sorry ma’am, too much beef for you this month, bugs only until next paycheque. Etc.

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