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I don’t think you can draw parallels between war on drugs and CBDCs. With a CBDC you could say, sorry we no longer take payments in cash or anything other than our CBDC, in fact, if we find you accepting anything else, we’ll suspend your money. Good luck taking Bitcoin and paying taxes with that…  With a war on drugs, it’s true it was not possible to control, but at the end of the day you can still buy drugs with cash and redeem that cash into the current system. In a CBDC -only world that would be impossible.

Purple Horse 2y ago

CBDC’s should be fought as hard as possible. They’re not humane; you can’t have other people decide if the time you spent working is valid in the future or not. Time is time. Rewarded time is rewarded time. Taking away the reward of rewarded time is inhumane

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Discussion

The Satokespeare 2y ago

CBDCs are only going to make the case for bitcoin.

Purple Horse 2y ago

But they will restrict newcomers from entering easily

The Satokespeare 2y ago

It’s already hard for newcomers in a lot of countries, it isn’t stopping them though, it’s just making it harder for the governments to control it.

Purple Horse 2y ago

This is true… things will be more and more p2p (like how it was meant to be)

The Satokespeare 2y ago

Exactly