I agree that CBDCs will be easier. Easier to control how you spend your money, easier to limit the amount you can spend, and easier to confiscate all of it.
Discussion
Christine Lagarde agree;
https://twitter.com/watcherguru/status/1644122520478445570?s=46
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So true, is Bitcoin ready to be an alternative though?
All my homies hate CBDCs
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With CBDCs, they will punish savers and force everyone to live paycheck to paycheck.
I don’t think so, that would make fractional reserve lending impossible.
I wonder what your take on this is and if you would consider doing one of your deep dives on SOFR vs. LIBOR?? Cheers!
https://tomluongo.me/2022/04/07/sofr-v-libor-missing-something-fed-policy-error/
what a genius take!