Not sure how it’s a pipe dream when it’s already been rolled out and being used. Maybe not in your part of the world.
Discussion
Where you at ?
Yeah it won’t fly primarily because central banks don’t do money. They don’t have the talent or the comprehension of the monetary system required to build out an effective cbdc network.
Hey man… I’m not in favour of CBDC’s, I’m just stating the facts.
There will be parallel monetary systems, well… there already is.
11 countries already rolled over…
Long live #BTC! 
CBDC’s will happen. No stopping that train.
Just don’t comply doesn’t make sense IMO. How?
Adapting to new environments is the key to growth. Without BTC we would be fucked for sure.
#cbdc doesn’t just *poof* happen. The global dollar system didn’t just *poof* happen. Global banks built out the global #dollar system over a period of decades. It’s a massive undertaking to build that system out and not something that central banks have the capacities to build.
What if, and I’m just asking, what if they had plans for something like this looong before the general public even became aware of it?
What if the system is already built? What if China had something ready many years ago like they did with social credits and facial recognition?
Conspiracy theory. China decided after the Soviet Union collapsed that it should adopt capitalism to pay for their socialist paradise (goood idea). So China plays ball. Growth explodes. 2008 hits. Growth was kneecapped. Now they’re facing the reality that they can’t pay for their socialist paradise and most of their populace of farmers who thought their kids would have white collar office jobs after college are waking up to reality. What now? Fasten their ccp seatbelts and hold on.
Agreed with nostr:npub16klw5eunl5djraxcvm5rzdxd9y57d0w87g8lgd8t9q3usjh7pwnsnrdyt7 it’s not a conspiracy theory but a conspiracy fact.
Verify, don’t trust. Go sign up for fed now and try to use it to make a payment. Spoiler alert: it doesn’t work.
How’s that conspiracy?
China adopted a bastardized form of Capitalism, yes they did. Jack Ma is the face of it, oops I mean WAS the face. Actually the US did as well if you want to get honest. Capitalism is the big lie. Corporatism is the reality. Very different things that look similar initially.
It’s markets that run things- much to the feds chagrin
It’s Blackrock, Vanguard, State Street and Fidelity (to a lesser degree) that run things.
Wow no original thoughts in here just a bunch of Tiktok consistory theories and RFK jr talking points…
Now that would be an assumption…
I don’t do Tik Tok and I’m not American, so I don’t do the Kennedy talking points either. And if you look around, you’ll find many an original thought.
Central banks are reactive by nature of the monetary system structure. These cbdc projects are merely late to the party afterthoughts that they cobbled together in reaction to the explosion of private market crypto activity. These will go nowhere because no one uses them.
I’m not sure which part of the “they are already rolled out” you aren’t appreciating. It’s already a done deal… for “them”, it’s only a matter of adoption/time.
Does your country have a cbdc rn ?
They can’t even build out a website- you think they can engineer a payment system ? https://www.frbservices.org/financial-services/fednow
I had a peek at your profile…
We just ain’t gonna agree on anything. You are pro fiat, I’m not. You are pro centralization, I’m in the decentralized camp. You are pro abortion, I’m pro Life. You support transgenderism…
Well to me that’s the symptoms of a sick and degenerated society. Rome or Sodom and Gomorrah showed these symptoms just before they collapsed.
Good luck sir… you are going to need it.
Bro does satire not register w ur brain ?
Where did you get pro abortion and pro tranny from ??? Hahahaha insane assumptions
Sorry if I assumed, your profile.
If it’s satire, I didn’t get it.