The CBDC...🙄
The CBDC or (central Bank digital currency) is a modern currency issued by the central bank of that country and therefore legal tender in that nation, a digital version like the Euro or the Dollar, being backed by the central bank, but they are not cryptocurrency, they are hybrids, a response of countries concerned about the "loss of control" based on the emergence of cryptocurrency. They are another attempt to avoid losing that control.
Source: (167) THE TRAP IS READY: IT'S CALLED CBDC AND ONLY BITCOIN COULD AVOID IT - Marc Vidal's Vlog - YouTube
This could be something negative for the financial freedom that we cryptocurrency do to get out of that "norm" by the big banks or governments that want to have us under control, as it says in the video "it's a bait for us all to bite".
Do you agree with these CBDCs?
Personally I would not support the use of CBDCs, as we are giving them the power to compete with Blockchain systems, do you want to pay taxes again, and now with cryptos? I don't.
Thanks to Osomar for showing me this video, I think there is an opportunity to get, I do not know whether to say "freedom" because if I believe that the state must be present, it should not be something that hurts you, but that drives you to be better, otherwise, it is not a state that agrees with the policies I see today in Argentina, mostly 50% or even more of what we pay is taxes, so what are we allowing? But it is not all negative, I think this is an opportunity to be part of the change, Thank you very much.
This is just my personal opinion, I am not an economist, I hope you like the content uploaded, if you have or believe that the information is stolen you can contact me, all information taken from elsewhere is with its source and link provided in the same post, of course, thank you very much leofinance.io community.
Posted Using LeoFinance Beta
https://twitter.com/1456339688755761154/status/1583904666450284544
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CBDC is a crucial weapon to digitally control the behaviour of subordinates.
Non-Decentralised programmable money.
A chain, but not Blockchain
I hope "we" have the resources to hold on to power.
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