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this is interesting. my hunch is that we're moving towards more surveillance, censorship and deplatforming in the future, and CBDCs are a major tool for that.
by jmstfv 5mo ago
this is interesting.
my hunch is that we're moving towards more surveillance, censorship and deplatforming in the future, and CBDCs are a major tool for that.
I like Bitcoin, despite its problems (price volatility and quantum vulnerability) but I think censorship-resistant stablecoins would be a better solution for people looking to protect themselves from Big Brother.
- vablings 5mo agoShockingly bitcoin gained a lot more power for me when prominent government officials started using it to start operating outside the checks and balances of the banking system.
- Tianning 5mo agoI saw Hong Kong launched stablecoin. How would it be less volatile than bitcoin?
- jmstfv 5mo agoStablecoins are typically pegged to something, like USD or EUR, so their exchange rate vis-a-vis that currency is stable