RE: CBDC FUD is a Red Herring
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Not likely at this very moment, doesn’t mean it is not probable if all the chess pieces line up.
The “conspiracy” narrative on the surface:
- WEF coordinated attack on freedom and status who in western nations, as evident in the COVID and vaccine policies (Young Leader program)
- Agenda 2030 and Build Back Better (666)
- “Own Nothing and Be Happy”
- The push to eat bugs and climate change narrative
- Digital ID and Social Credit Score System
- G7 programmable digital currency pilot in UK
- Canada declaration of Emergency (War-Time) Act over bouncing castle and trucker convoy
These are just the surface, the rabbit hole is deep.
I would not dismiss the possibility , it is good for the general population to be aware and awake. Unfortunately many would trade everything for that “convenience” and perception of “safety” as evident in the last few years.
And the programming and planning goes back decades and not just the last few years, right now is the execution phase.
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But everyone already knows that a CBDC is not safe and is guaranteed to lose value over time just like fiat. It is fiat. There is no difference. Nothing has changed. Sure, we should at least pay attention to these things, but also the noise needs to be filtered out. Priorities matter.
My thinking is central banks also don’t want the transparency on how and how much fiat they create out of thin air. The privacy protections got to be asymmetric and the public would need to accept that for this to gain adoption, outside of totalitarian style forcing it down.
Or CDBC can be limited for international settlements only, but then the value is limited and why do that? Then again, it is only as valuable as policy prudence and domestic productivity (and military might to enforce), which central bank would want to open the book first? 😂
This is exactly why Intranets and Extranets failed where the Internet thrived.
The only point of CBDC is to link up with Bitcoin and the rest of crypto.
The open system is the one that has value.
Everything will connect to the open system.
My last reply but had to comment on this part
No not everybody knows this. The world is full of state living shills who get untested injections for a free cheeseburger and fries and live on welfare which could easily be made only for the new digital dollar over time. The world is not overall informed. Can we bet on this?
The Euro version will be here within 18 months