Replying to J. White

This is great, but will this be achieved? Several Senators and Representatives are proposing legislation against it, at least to not be done via EO, but how effective will this be? The BIS already states central banks have to be CBDC-ready/compliant by 2025. I’m wondering if this is all wishful thinking at this point.
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corndalorian 2y ago

BIS is not a legislative body.

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BitcoinBadger 2y ago

Although Agustín Carstens is about as big as one...

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corndalorian 2y ago

He ate the last one that stood up against him 😂

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J. White 2y ago

Not in the sense of setting laws for countries/nations, no it’s not. However it does indeed set protocol for its member banks, I.e. — the central banks that belong to it.

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J. White 2y ago

Anyway, I’d love for this to be the case, but I’m wondering how these resistance efforts will be achieved. Perhaps this will ne among the heaviest-hitting issues that accumulate as reasons for succession among many, mostly right-leaning, states in the U.S.