Replying to Avatar JeffG

I think that the vast majority of people will just believe the state line that it’s for their protection and willingly hand over more of their rights.

It’ll make a few more wake up and join us. But most won’t.
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PABLOF7z 2y ago

No. That’s not the point. Economic reality is not the same as stupid shadowbanning, financial repression or similar narratives that are experienced by 0.01% and have explicit support by the vast majority of boot lickers.

CBDCs are a PERFECT (and by perfect I mean complete) financial repression tool. You can’t be partially on CBDCs because it’s a control system without leaks, unlike current monetary instruments.

A perfect weapon will be used to its full extent and economic reality will follow.

This is just another incarnation of the broader point Francis always makes that Bitcoin will be adopted because people want to eat.

It just starts with the net producers because they have the incentive.

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JeffG 2y ago

We’ll see. I think the established is quite good at making sure to always turn the temp up on the frog slowly enough that they don’t realize it’s getting warmer.