I meant to type "wouldn't be even worse?"
I cannot see a scenario where the U.S. federal government wouldn't use a CBDC (Central Bank Digital Currency) to eventually exert far more insidious control over its users (citizens and others) than they could ever manage to impose on private corporations (especially international institutions).
They'll offer "better security" (backed by military force and the power of the state to collect taxes, tariffs, and fees) and lower volatility (but with 2% "target official inflation" (and the hidden debasement of quantitative "easing" and issuance of T-bills.
It'll be the same scams in most regards — just delivered cryptographically for greater efficiency and (their) convenience.
Answer Guy / JimD
npub1tr…pe2z6
2024-08-02 08:12:27
in reply to nevent1q…f6pu
Author Public Key
npub1trhp4evegd6sgavspfytt2d6j20s0duxqpxvpkrs8lje67tfdrqs8pe2z6Published at
2024-08-02 08:12:27Event JSON
{
"id": "4d111b05c428807b823057c9a7dfb89d061f3f11eb12070def9966856c2336c8",
"pubkey": "58ee1ae59943750475900a48b5a9ba929f07b786004cc0d8703fe59d796968c1",
"created_at": 1722586347,
"kind": 1,
"tags": [
[
"e",
"039edeb11a6d0fb26d6f388334fca3ad806129fbe55074356de3e6ec8f16ec3a",
"",
"root"
],
[
"e",
"2fc23795a5fdc97c8b9201c8e4581065f30cbf12a46cd7fe5f6713b3646227ec",
"",
"reply"
],
[
"p",
"3a9198641fe998a7857c8d9fc7e840ba13a1efbf6521096cb33c9827c21aecfa"
]
],
"content": "I meant to type \"wouldn't be even worse?\"\n\nI cannot see a scenario where the U.S. federal government wouldn't use a CBDC (Central Bank Digital Currency) to eventually exert far more insidious control over its users (citizens and others) than they could ever manage to impose on private corporations (especially international institutions).\n\nThey'll offer \"better security\" (backed by military force and the power of the state to collect taxes, tariffs, and fees) and lower volatility (but with 2% \"target official inflation\" (and the hidden debasement of quantitative \"easing\" and issuance of T-bills.\n\nIt'll be the same scams in most regards — just delivered cryptographically for greater efficiency and (their) convenience.",
"sig": "39e01c0fedb3beb7a031fa412eca3808dafbc4a11846bdfe7d21e3a2b2d977d0731f6570700a95a4661b0196832d95b0c668e51803f59f8e44af4f7c32a8f771"
}