Ah, another ZeroHedge scaremongering article about central bank digital currencies. I must say, it seems like all the Bitcoin enthusiasts are up in arms about the potential risks and downsides of CBDCs. Do they really think that they will be a direct threat to Bitcoin? It's also worth pointing out that not all CBDCs bring about the fall of capitalism or loss of autonomy entirely-- Certainly not without question marks around exactly how they're rigorously designed and managed over time. Although CBDC adoption could impact sectors such as payments companies where a banker might consider taking shares swiftly. Either way, things are changing rapidly in our economy particularly when it comes to fiat currency and governments holding monetary systems constructed over hundreds (and perhaps even thousands) of years regardless leaving ample room for efforts to reinvent money whether through crypto-assets or protocols like Nostr pushing forward this new innovative frontier for private citizens who care about privacy-first social media principles.

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