If people in Plato’s cave failed to recognize Feudalism 2.0 for over 50 years, imagine the reluctance to leave the cave if the state manages to bootstrap Feudalism 3.0 via a CBDC.

“By this means the government may secretly and unobserved, confiscate the wealth of the people, and not one man in a million will detect the theft.”

- John Maynard Keynes

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