I've thought a bit about which characteristics CBDC's would have and came up with this:
Possible characteristics of cbdcโs:
- Faster payments
- Unit of account
- Currency not backed by debt or loans
- Easier to distribute stimulus checks or ubi
- Automated negative interest rates directly (discourage saving)
- Automated tax collection
- Automated surveillance (transparency of all transactions to governments)
- Automated censorship of certain transactions that are a result of political decisions
- Automated increasing supply of total currency (determine the supply by issuing the currency proportional to the bailout schemes that they need to prevent failing banks. So if a bank fails, one by one, people can log in to their new cbdc account to reclaim their deposit guarantee money and unwind their debt jubilees.)
- Algorithmic monetary policy that takes away the subject of decision making (so tie in the money policy, based upon inflation/deflation goals. This would also create more transparency in a way.)
- Expiration of money (for instance, ubi that has to be spend within 3 months after receiving it, otherwise one loses that money. All to incentivise people to engage in more economic activity and consumerism.)
Their trick will be that some characteristics will be implemented from the start, so it's convenient and lures people in that system. And only later other characteristics get activated.
I agree. Arguing is good when exchanging arguments to come to a better understanding of something.
However some argue to argue or virtue signaling. Oohh, I just described politicians. ๐.
I guess both. I'm in that last category, shaddow banned on doge-clown-platform. But hey, I like #Nostr and specially the people here way more anyway. ๐
Now is the time to make sure your privacy setup is good. Learn how to use online privacy tools.
Or else; the government knows....
They decided to go with BitPay ๐คก๐คช๐ฉ
Ralph Lauren has partnered with BitPay to accept #bitcoin payments
BitPay was one of the companies that supported the so-called New York Agreement in 2017 and should never be used or partnered with.
https://bitcoinmagazine.com/business/ralph-lauren-to-accept-bitcoin-payments-at-new-miami-store
So was Coinbase.

My response would be: I will, but You'll never know. ๐
Well, I've posted slides to explain natural law, it's a complicated topic and I can understand that not everyone is into that. ๐
Goood morning! ๐๐
What a great day to go outside โบ๏ธ
Catch some sun and enjoy!

That's a good one! ๐
The funniest thing with this specific picture, that is used for all these memes, is that both girls are the same person, photoshopped in 1 picture and most people won't notice it. ๐
People have been conditioned to see some things that binairy, a few examples:
Democrats - Republicans
Like - Dislike
Black people - White people
With other things they're spinning it the non-factual way:
'Sex or gender is a spectrum'
'It's global warming, ooh wait now it's climate change'
'Dollars is money, bitcoin isn't money'
The world isn't black, white or grey, it's colourful, pay attention to it and it will enrich You! ๐
The question would be: what is your goal with making this documentary?
Is it to get awarenes among the general public about Nostr or is it to make a current overview of what is there now on Nostr to show Nostriches?
The answer to this will also your question. ๐
Hahaha it makes me feel like a Nostrich with my head in the sand. ๐

It says: Message not found (on my end)
#[2] is a good one imo. ๐
So we've already seen some banks that had issues and it won't stop here.
There is a big systemic risk at banks atm and there will come a moment that one big bank has a crisis. At that point, expect a domino effect to other banks really fast. There is a chance that this will happen this year.
Prepare for it; hold at least some of your wealth in #Bitcoin!

What I like is that there are already a bunch of awesome bitcoiners on #Nostr.
And new Nostr users become bitcoiners. New bitcoiners become Nostr users.
A win-win. ๐



