CRICKETS... that's the sound your govt hears re you sitting on your ass refusing to demand to use privacy-enabled p2p crypto while letting them roll their permanent CBDC nightmare out on you. When are you going to demand them to shove their CBDC up their ass? Are central bank digital currencies one of the greatest threats to freedom? https://intellinews.com/nemethy-are-central-bank-digital-currencies-one-of-t... [–]SnooRegrets7399 21 points22 points23 points 1 day ago (25 children) CBDCs could be the trojan horse for total financial surveillance. Yeah, sure, it’s digital currency but minus the freedom and anonymity that makes crypto so appealing. permalink embed save report give award reply [–]Every_Hunt_160Platinum | QC: CC 672 | r/SSB 10 6 points7 points8 points 23 hours ago (5 children) CBDCs are just like the evil twin of crypto permalink embed save parent report give award reply [–]RedBunery -3 points-2 points-1 points 22 hours ago (3 children) Boomers will love this stuff, and before we know it all their money will be tied up in it. Will be like Facebook to them. Damn. permalink embed save parent report give award reply [–]1Tim1_15 -2 points-1 points0 points 11 hours ago (0 children) You think boomers will love CBDCs? It won't be because they're old. It will be because of their ideology. Proof? Have you heard of Cynthia Lummis, or Tom Emmer, or Pat Toomey, or Ron Paul, or Michael Saylor, or Max Keiser, or ... Age has nothing to do with it. It's ideology. permalink embed save parent report give award reply [–]special_onigiri 0 points1 point2 points 13 hours ago (0 children) It's the bastard son of fiat and crypto, it has ALL the bad qualities of both and none of the good ones. permalink embed save parent report give award reply [–]Aggravating_Deal_572Platinum | QC: CC 388, ETH 69, BTC 20 | TraderSubs 55 1 point2 points3 points 15 hours ago (0 children) That’s why cash is King! permalink embed save parent report give award reply [–]Popular_District9072Tin | CRO 9 0 points1 point2 points 22 hours ago (0 children) governments are already spying on us, monitoring every financial transaction would tie the rope even further permalink embed save parent report give award reply [–]3utt5lut 0 points1 point2 points 23 hours ago (15 children) It's just another form of fiat. I don't see them as anything good. You take all of the worst problems from fiat and all the good aspects of crypto (transparency/freedom), and use it against the population in the most negative way possible (transaction surveillance/forcing people to use only digital transactions which the government has total control over). I'm really not looking forward to it. I'll be buying as much gold/silver/physical assets as possible, as these will become considerably more valuable when they start to phase out fiat (which has already started in Canada). permalink embed save parent report give award reply [–]superworkingPlatinum | QC: CC 86 | r/Pers.Fin.Cnd. 322 -1 points0 points1 point 17 hours ago (14 children) It seems like a good tool for accepting income and paying taxes. Not every solution needs to be for every purpose. permalink embed save parent report give award reply [+][deleted] 17 hours ago (13 children) [deleted] [–]superworkingPlatinum | QC: CC 86 | r/Pers.Fin.Cnd. 322 -1 points0 points1 point 16 hours ago (12 children) Use it as a tool rather than as the one thing you keep all your money in. Visa for example is one payment tool I use, it has benefits and drawbacks but I can use other options when visa isn't the best. permalink embed save report give award reply [+][deleted] 16 hours ago (11 children) [deleted] [–]superworkingPlatinum | QC: CC 86 | r/Pers.Fin.Cnd. 322 -1 points0 points1 point 16 hours ago (10 children) Buying crypto with visa was always a stupid idea and shouldn't have been allowed. You can't buy usd with visa either without paying cash advance fees and exchange fees. Taxes paid in Canadian dollars will always be forced on you, this would make it a smoother process if you were dealing mostly in other blockchains. permalink embed save report give award reply [+][deleted] 16 hours ago (9 children) [deleted] [–]superworkingPlatinum | QC: CC 86 | r/Pers.Fin.Cnd. 322 0 points1 point2 points 16 hours ago (8 children) Visa isn't your money? And that's exactly why visa and Mastercard don't work for all use cases. permalink embed save report give award reply [+][deleted] 16 hours ago (7 children) [deleted] continue this thread [–]MrSpaceCoolTin 0 points1 point2 points 13 hours ago (0 children) Not much different to open banking in the Uk permalink embed save parent report give award reply [–]daydreaming1980Tin 6 points7 points8 points 22 hours ago (0 children) listening to WEF praising China for the lockdown measures, social score systems, it is clear that central digital currencies will complete a total surveillance.. It is a trojan horse . theoretically you will be blocked spending wherever they let you spend...although having money to spend anywhere, That's why crypto, cryptography, privacy tools. p2p transactions. will be of vital importance in the future.. permalink embed save report give award reply [–]astockstonkSilver|QC:CC594,ETH66,BTC41|CelsiusNet.257|TraderSubs29 23 points24 points25 points 1 day ago* (20 children) CDBCs are our worst nightmare - the government can decide if, when, where and how you spend your money. Do something that the government doesn’t like and find your money frozen or deleted. permalink embed save report give award reply [–]TarkovRedditor 6 points7 points8 points 1 day ago (4 children) I genuinely don’t understand why somebody would blindly trust their government. Just because it’s working now? What about anywhere else on the planet or the past? As a German just the last 100 years are enough evidence for me to always have my doubts permalink embed save parent report give award reply [–]PhallicSilver | QC: CC 378 | LINK 269 | TraderSubs 90 3 points4 points5 points 1 day ago (1 child) That's the thing that blows my mind. Supporting total government control isn't just saying you trust the current government to have complete control over your life, it's saying you trust every future administration, for the rest of your life, to have your best interests in mind. A ridiculous stance. permalink embed save parent report give award reply [–]3utt5lut 0 points1 point2 points 22 hours ago (0 children) Our current governments in North America, emphasize this. They have blundered and pissed away future generations with extreme debt, and we're going to trust them to not fuck this up as well? permalink embed save parent report give award reply [–]Every_Hunt_160Platinum | QC: CC 672 | r/SSB 10 0 points1 point2 points 23 hours ago (1 child) Most people feel that they have no choice but to trust their government, even if they don’t blindly trust them We’re living in a world where people who prefer a system without government , or libertarians make up like what? Maybe 5 to 10% of the entire population of a country, at most The issue is also that all governments seem to be power hungry and controlling, when almost everyone would prefer a government than to go without one permalink embed save parent report give award reply [–]Rayl24Platinum | QC: CC 40, BNB 20 | ExchSubs 22 1 point2 points3 points 1 day ago (5 children) You mean the govt can't freeze your bank accounts or forfeit your money right now? permalink embed save parent report give award reply [–]awesomepossum40Tin 1 point2 points3 points 23 hours ago (2 children) Shhh. You'll break their hearts. permalink embed save parent report give award reply [–]Rayl24Platinum | QC: CC 40, BNB 20 | ExchSubs 22 1 point2 points3 points 23 hours ago (1 child) I just find it weird the arguments against CBDC are powers the government already has. Atleast with CBDC, the banks are out of the picture and thus can't deny your purchase of crypto or just outright fail. permalink embed save parent report give award reply [–]jbl1091Tin 0 points1 point2 points 20 hours ago (0 children) The goverment can though permalink embed save parent report give award reply [–]trancephorm 0 points1 point2 points 21 hours ago (0 children) They can't take cash and crypto from us. permalink embed save parent report give award reply [–]1Tim1_15 0 points1 point2 points 11 hours ago (0 children) Yes, but not as easily or quickly. At least now there is a chance to pull assets out before the govt can go through the bank and due process. With a CBDC it would be instant and you'd have no chance to pull out your assets. The last thing you want to do is to make the process easier and faster for the govt. They will abuse it. permalink embed save parent report give award reply [–]Flattorte 2 points3 points4 points 1 day ago (0 children) China paving the way and showing how a totalitarian hellscape is done permalink embed save parent report give award reply [–]TruthSeeekeerPlatinum | QC: CC 1034 -1 points0 points1 point 1 day ago (2 children) It’s easy to think “don’t break the law and you won’t have any issues”, but Governments have a historical issue of becoming tyrannical. permalink embed save parent report give award reply [–]astockstonkSilver|QC:CC594,ETH66,BTC41|CelsiusNet.257|TraderSubs29 0 points1 point2 points 1 day ago (1 child) As an example, donate to the Canadian trucker strike not long ago and the government doesn’t like it? All of a sudden you could find your finances under freeze too Or they program the CBDC so you cannot even donate to that group. permalink embed save parent report give award reply [–]the_far_yardStack a Sat, Stash a Gwei, Bull or Bear, D-C-A. -1 points0 points1 point 1 day ago (0 children) They're funneling everything to create a larger set, to contain crypto as a subset. Eventually for the masses, all of your ins and outs of crypto will be done through CBDC. permalink embed save parent report give award reply [–]Popular_District9072Tin | CRO 9 -1 points0 points1 point 22 hours ago (0 children) like in one article they were noting an example with possible expiration dates, which would force spending, eliminating the option to accumulate permalink embed save parent report give award reply [–]AusernamenamenameBronze 0 points1 point2 points 1 day ago (2 children) They already can do that. permalink embed save parent report give award reply [–]trancephorm 0 points1 point2 points 21 hours ago (1 child) Not exactly with cash and crypto. What they tend to do is to leave only CBDCs. That will fail. permalink embed save parent report give award reply [–]AusernamenamenameBronze 0 points1 point2 points 20 hours ago (0 children) Yeah there's no way as an adult with responsibilities am I going to consider going all cash or crypto. So the money I need for my bills will always be subject to government intervention. permalink embed save parent report give award reply [–]Neophyte-Silver | QC: CT 94, CC 83, ETH 31 | Buttcoin 39 2 points3 points4 points 19 hours ago (0 children) i worked on the australian pilot doing some coding with their quorum blockchain i find these posts amusing, its not taking your freedom away. ull be using cbdc but u wont even know it, its mainly for financial institutions to utilise it to make some existing financial operations more efficient like fx settlement, b2b stuff not consumer oriented. no avg citizen is going to be given a CBDC wallet with tokens to spend lol permalink embed save report give award reply [–]RuneW007Tin 10 points11 points12 points 1 day ago (6 children) A cashless society could turn into a dictatorship pretty quickly if we aren’t careful permalink embed save report give award reply [–]ArcosimSilver | QC: CC 51 | VET 22 | Technology 39 6 points7 points8 points 1 day ago (4 children) When the government has the power to track your every move both online and physically, dictate what you can and cannot buy and simultaneously revoke/forfeit your money remotely, you lose all freedom. permalink embed save parent report give award reply [–]cerebralsexerTin | CC critic 2 points3 points4 points 1 day ago (2 children) They already do that no with bank accounts permalink embed save parent report give award reply [–]DATY4944Platinum | QC: CC 21 | ADA 12 | Investing 17 1 point2 points3 points 1 day ago (1 child) Indirectly yes, but also you can still use cash if necessary. permalink embed save parent report give award reply [–]3utt5lut 2 points3 points4 points 22 hours ago (0 children) As we saw during The Pandemic, some retailers stopped accepting cash as legal tender. When you cannot use the most basic form of currency to purchase goods and services, we lose total control. We don't need more situations like Venezuela/Argentina controlling their population's currencies while restricting access to others amid hyperinflation. We're already seeing the government trying to control where "you're allowed" to invest your money. permalink embed save parent report give award reply [–]Every_Hunt_160Platinum | QC: CC 672 | r/SSB 10 0 points1 point2 points 23 hours ago (0 children) With CBDCs the government essentially control the blockchain of that coin - nobody else can see transactions, apart from the government who can see everything That’s pretty freakish if you think about it. But I guess considering they’ve already been surveilling everyone in the background, this is just a continuation of that .. permalink embed save parent report give award reply [–]CryptoScamee42069Bronze | QC: CC 22 0 points1 point2 points 1 day ago (0 children) So many societies already are. Some are more open and unapologetic and others are thinly veiled in democratic process. permalink embed save parent report give award reply [–]ArcosimSilver | QC: CC 51 | VET 22 | Technology 39 6 points7 points8 points 1 day ago (0 children) Imagine getting paid after a lot of hard work, you want to buy something you like and you get this message: "We're sorry, but your social credit ins't enough to allow you to purchase this item, please try again with items from another category. Have a nice day, and remember to spend your money soon since your expiry date is in two weeks." That's exactly we're heading if CBDCs are implemented and enforced. An Orwellian nightmare of absolute state level control. permalink embed save report give award reply [–]ImtherealjohnconnerBronze | IOTA 38 | TraderSubs 25 1 point2 points3 points 22 hours ago (1 child) If it's programmable to stop you at the POS, then we're in deepshit permalink embed save report give award reply [–]1Tim1_15 0 points1 point2 points 10 hours ago (0 children) It would be programmable to do that. Of course, they wouldn't do it a first. But eventually they'd enable such functionality "for our own good." permalink embed save parent report give award reply [–]Dwaas_Bjaas 1 point2 points3 points 19 hours ago (1 child) CBDC are not the problem. The disappearance of physical cash is permalink embed save report give award reply [–]1Tim1_15 0 points1 point2 points 10 hours ago (0 children) It's both. permalink embed save parent report give award reply [–]St0iK_invalid string or character detected 4 points5 points6 points 1 day ago (6 children) Eventually there will be no cash. The government will see every single financial transaction you make and trace that "money" everywhere it goes. permalink embed save report give award reply [–]TruthSeeekeerPlatinum | QC: CC 1034 -1 points0 points1 point 1 day ago (1 child) I suspect a lot of small businesses will struggle as a result, while big businesses get even bigger. permalink embed save parent report give award reply [–]St0iK_invalid string or character detected 0 points1 point2 points 1 day ago (0 children) Big business can always survive by buying out/pricing out the competition. Small business with people who depend on cash or tips and don't report all of it will suffer. But of course the politicians will say it's to prevent rich people from commiting fraud, like that $600/yr Venmo thing. It's a scary thing to think about what they can do with CBDC, even scarier to think what they actually will do that we hadn't thought about. permalink embed save parent report give award reply [–]tvanbormTin 0 points1 point2 points 1 day ago (0 children) Bitcoin already allows for that, as do most other crypto. The difference with CBDC is they can potentially control how you are allowed to use your money. permalink embed save parent report give award reply [–]Popular_District9072Tin | CRO 9 0 points1 point2 points 22 hours ago (0 children) yea, that's rather dark future, plus printing new money will become so much easier permalink embed save parent report give award reply [–]3utt5lut 0 points1 point2 points 22 hours ago (0 children) We've already phased out the penny in Canada, word is the nickel/dime are next. Before long the quarter/dollar will be worth less than it costs to mint and will be phased out as well. It's slowly coming and people don't realize it. permalink embed save parent report give award reply [–]AnimeFlamingo 2 points3 points4 points 1 day ago (0 children) Of course it is a danger. Banks want control, the see crypto as a treat because they can’t control, they tried to delegitimize it and failed, now they are trying to get direct control on a large portion of the cake using their own currency. They will bring a large number of newcomers sure, but wouldn’t it defeat the purpose of crypto? A decentralized system?. permalink embed save report give award reply [–]falk_lhostePlatinum | QC: CC 33 1 point2 points3 points 1 day ago (0 children) My greatest threat to freedom is my shitcoin gambling addiction 😂 permalink embed save report give award reply [–]Maleficent_Sound_919Tin 0 points1 point2 points 1 day ago (0 children) CBDC' are the end of freedom and privacy as we know it. And because of this it's the government and central banks wet dream permalink embed save report give award reply [–]zenhodl 0 points1 point2 points 1 day ago (2 children) I'll just say this: start building a network of people you are geographically close to and can trust, and work on becoming self sufficient. If the time comes where your options are: obey the globalists, or opt out of the system... you want to actually be in a position where you are able to make a choice permalink embed save report give award reply [+][deleted] 1 day ago (1 child) [deleted] [–]zenhodl 0 points1 point2 points 1 day ago (0 children) Not even close to what I said. Brush up on your reading permalink embed save report give award reply [–]KnackeredParrotPain & Gainz 1 point2 points3 points 1 day ago (1 child) I think however they sell it to us, there's going to be multiple levels of shadiness either already baked in or possible in the future. permalink embed save report give award reply [–]Popular_District9072Tin | CRO 9 -1 points0 points1 point 22 hours ago (0 children) they will sell it as convenience, but it will be a bullshit in disguise permalink embed save parent report give award reply [–]KappatalizablePlatinum | QC: CC 846 0 points1 point2 points 1 day ago (1 child) Yes. Imagine the government being able to prevent you from using your own goddamn money at will. permalink embed save report give award reply [–]1Tim1_15 -1 points0 points1 point 11 hours ago (0 children) Then imagine a sizeable percentage of people supporting such a move. A lot of them are in here (a crypto sub of all places). Smh. permalink embed save parent report give award reply [–]deathbyfish13Free Range Moon Farmer 0 points1 point2 points 1 day ago (0 children) There is a privacy argument – that the government will see your every transaction – and may be tempted to spy on you Monero enters the chat permalink embed save report give award reply [–]leroyyrogers -1 points0 points1 point 1 day ago (0 children) No permalink embed save report give award reply [–]ObsidianramBeware the JubJub & the Jaberwock 0 points1 point2 points 1 day ago (2 children) The only upside to the evil of CBDCs is the fact that common people outnumber the tyrant's by a huge margin, and can stop the madness at any time of their choosing... They just have to choose to do so... permalink embed save report give award reply [–]1Tim1_15 0 points1 point2 points 10 hours ago (1 child) Yes but around half of the people support the tyrants. That's the real problem. If they didn't keep electing tyrants we wouldn't have to be concerned about this. permalink embed save parent report give award reply [–]ObsidianramBeware the JubJub & the Jaberwock -1 points0 points1 point 10 hours ago (0 children) That's true ~ but I think this latest fiasco of a so-called administration has opened a lot of eyes for a lot of reasons. Not there yet, but closer. permalink embed save parent report give award reply [–]JoshieBravoTin | 6 months old 0 points1 point2 points 1 day ago (0 children) No! They can take your freedom anyway. Hitler didn't slowly erode people's liberties over many years to establish his dictatorship he acted very quickly. If your government leader wants an authoritarian regime there is nothing you can do to prevent it CBDC or not, and like in Canada they can freeze your bank account as is. Doesn't make much of a difference even if it is slightly easier if it's a CBDC. permalink embed save report give award reply [–]Illicitterror 0 points1 point2 points 1 day ago (0 children) Yes when one’s finances are controlled there is no freedom. permalink embed save report give award reply [–]zenhodl 0 points1 point2 points 1 day ago (1 child) Buy Monero permalink embed save report give award reply [–]SimbaTheWeaselBronze | QC: ALGO 18 1 point2 points3 points 1 day ago (0 children) XMR 🚀🚀📈🚀🚀 permalink embed save parent report give award reply [–]Icy_Elevator_7886 0 points1 point2 points 1 day ago (0 children) 100%! We must destroy them or refuse to use them! If they get in I will use crypto, gold and other things as a store of value. There will be a lot of people who begin to do this as CBDC's fascist for of control become more apparent. permalink embed save report give award reply [–]chunkyme1001 0 points1 point2 points 1 day ago (0 children) YES! permalink embed save report give award reply [–]windripPlatinum | QC: BTC 25, CC 15 | EOS 11 | TraderSubs 10 0 points1 point2 points 1 day ago (0 children) Yes permalink embed save report give award reply [–]Klutzy_Might6146 0 points1 point2 points 1 day ago (0 children) Yes. permalink embed save report give award reply [–]po1919Tin 0 points1 point2 points 23 hours ago (0 children) Central banks themselves are one of the greatest threats to freedom. permalink embed save report give award reply [–]Outrageous_Duty_8738 0 points1 point2 points 20 hours ago (0 children) I think the biggest threat to our freedom today is the actual governments permalink embed save report give award reply [–]Mellonfucker257 -1 points0 points1 point 1 day ago (0 children) Yes. With great power comes great responsibility... And I would'nt trust these bankers with anything, not even my girlfriends husband permalink embed save report give award reply [–]SquiridaSilver | QC: CC 89, BTC 67, BCH 37 | MANA 33 | ExchSubs 19 -1 points0 points1 point 1 day ago (0 children) They would not even be on the table if people weren't, on the whole, irredeemably stupid. These guys can get away with anything. Take away cash (as in Europe > 1000 Euros), take away banking/possibility of life, etc. because the people are stupid. permalink embed save report give award reply [–]Ninja_Gogen -1 points0 points1 point 1 day ago (0 children) The biggest threat to freedom. Leaves us wide open to totalitarian government. permalink embed save report give award reply [–]HannyBo9Platinum | QC: CC 45 -1 points0 points1 point 1 day ago (0 children) Yes. It will be the end. permalink embed save report give award reply [–]NinjanoelSilver | QC: CC 88, LW 58, r/CCs. 28 | ADA 117 | ExchSubs 24 -1 points0 points1 point 1 day ago (0 children) it's building a jail around us, but right now we may be best buddies with the jailer that we've voted in, but what happens when the jailer changes to someone we don't want? permalink embed save report give award reply [–]zenhodl -1 points0 points1 point 1 day ago (0 children) It's digital enslavement. If your mental health is tied to your ability to stay connected to the grid, work on changing that. Humans were built with everything they needed yet are the only animal that developed a system where they have to pay money to survive permalink embed save report give award reply [–]AlligatorDerbyPlatinum | QC: CC 103 -1 points0 points1 point 1 day ago (1 child) as long as privacy coins, p2p btc and crypto exist, it'll at least offer some obfuscation from hyper surveillance. permalink embed save report give award reply [–]3utt5lut 2 points3 points4 points 22 hours ago (0 children) Monero will definitely take off in the shadow of CBDCs. permalink embed save parent report give award reply [+][deleted] 1 day ago (1 child) [deleted] [–]Splinterthemaster -1 points0 points1 point 18 hours ago (0 children) Hmmm...would be interesting to see what a Cuban, North Korean and a Venezuelan think about this. permalink embed save report give award reply [–]sylsau -1 points0 points1 point 19 hours ago (0 children) There's no need to ask a question here, it's a certainty. We need to resist these CBDCs, which are a disaster because they combine the shortcomings of fiat currencies with enormous privacy risks. We need to prepare for this now, by turning to alternative solutions to protect the fruits of our labor. permalink embed save report give award reply [–]fl0o0psTin -2 points-1 points0 points 1 day ago (0 children) 100% permalink embed save report give award reply [–]YetAnotherPenguin13 -2 points-1 points0 points 1 day ago (0 children) Yes permalink embed save report give award reply [–]BrocoliAssassinSilver | QC: BTC 218, CC 105 | CelsiusNet. 25 -2 points-1 points0 points 1 day ago (1 child) America Land of the free!!!!! As long as your net worth is in the millions upon millions permalink embed save report give award reply [–]Splinterthemaster 0 points1 point2 points 18 hours ago (0 children) Land of the free criminals (ask Sam Bankman Fried) permalink embed save parent report give award reply [–]grathontolarsdatarodTin | Superstonk 216 -2 points-1 points0 points 1 day ago (0 children) Yes. Without any doubt at all. permalink embed save report give award reply [–]coinfeeds-botApproved CC Bot -1 points0 points1 point 1 day ago (0 children) tldr; Central bank digital currencies (CBDCs) are being questioned as a potential threat to freedom. The article discusses the rise of CBDCs and their implications for individual privacy and financial autonomy. It highlights concerns about increased government surveillance and control over individuals' financial transactions. The article suggests that CBDCs could potentially undermine personal freedoms and calls for a careful examination of their impact on individual rights. This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR. permalink embed save report give award reply [–]MajorLeons -1 points0 points1 point 1 day ago (0 children) Since this will come from the gov’t, they all have the power to control it as they see fit, they wont even need your permission. permalink embed save report give award reply [–]Hot_Manufacturer1442Tin -1 points0 points1 point 1 day ago (1 child) Does a bear shit in the woods? permalink embed save report give award reply [–]SimbaTheWeaselBronze | QC: ALGO 18 0 points1 point2 points 1 day ago (0 children) Usually permalink embed save parent report give award reply [–]Upstairs_Hospital_94Tin | 5 months old | Politics 18 -1 points0 points1 point 1 day ago (0 children) No permalink embed save report give award reply [–]18476Silver | QC: CC 30, BTC 27 | GMEJungle 111 | Superstonk 364 -1 points0 points1 point 1 day ago (0 children) Greatest threat is the level of power the FED has as a private institution. In bed with Banks. Progressively going the wrong direction imo. This is just another step. Accountability is being erased and replaced. permalink embed save report give award reply [–]ColdColdMoonsSilver | QC: CC 23 | IOTA 34 | r/WSB 63 -1 points0 points1 point 23 hours ago (0 children) Yes they are. CBDC + AI and robot armed police and armed forces will mean one person can control the masses with absolute power. permalink embed save report give award reply [–]pentarhPlatinum | QC: BTC 28 -1 points0 points1 point 18 hours ago (0 children) Yes permalink embed save report give award reply [–]kapparrinoPlatinum | QC: CC 44, ALGO 38, BTC 19 | r/AMD 51 -1 points0 points1 point 18 hours ago (0 children) .Yes. permalink embed save report give award reply [–]risingcrow1o1 -1 points0 points1 point 17 hours ago (0 children) At first we though fiat was a loss of freedom because it’s controlled by the banks, but now with CBDCs they can actually monitor EVERYTHING as well as set limits on spending, deny spending all together, and more permalink embed save report give award reply [–]badfishbeefcake -1 points0 points1 point 13 hours ago (0 children) Oh yeah, just wait until the politician who do insider trading stop you from trading so they can get in or out first. permalink embed save report give award reply [–]LifeBeginsAtArousalTin | Politics 12 -1 points0 points1 point 13 hours ago (0 children) Yep. Bigger threat than communism and socialism put together permalink embed save report give award reply [–]l-espionTin -1 points0 points1 point 12 hours ago (0 children) Yes , cbdc will make sure you dirty slave stay slaving forever , eat cricket and live in a pod , because you will own nothing and be happy permalink embed save report give award reply [–]Antana18 -1 points0 points1 point 9 hours ago (0 children) In short: Yes! permalink embed save report give award reply [–]OMFGROFLMAO2Platinum | QC: CC 30 -1 points0 points1 point 8 hours ago (0 children) I'm torn because as a dev I understand the power of having everything interconnected and surveable, it can definitely push society to a new technological level. On the other hand, your privacy disappears and you become a slave of governments and corporations, although, you already are... The question is, would it actually make a difference, or the pros overcome the cons? permalink embed save report give award reply [–]BernardsmanTin | LRC 36 | Superstonk 11 -1 points0 points1 point 7 hours ago (0 children) Absolutely. Total regulatory control and the technology to enforce it permalink embed save report give award reply [+][deleted] 1 day ago (1 child) [deleted] [–]trancephorm 0 points1 point2 points 21 hours ago (0 children) Well that was the finest defetism I've seen in a while. permalink embed save report give award reply [–]MrCollins23Silver | QC: CC 23 | LRC 66 -2 points-1 points0 points 1 day ago (0 children) It depends on how you define freedom, and the human race has been arguing about that one for at least 5,000 years. permalink embed save report give award reply [–]DeafEyeJediTin -2 points-1 points0 points 1 day ago (0 children) What goes around, comes around! permalink embed save report give award reply [–]tied_lacesSilver | QC: CC 50 | ADA 290 -2 points-1 points0 points 1 day ago (0 children) I mean…just don’t use them…problem solved. permalink embed save report give award reply [–]ThomasReturnsPlatinum | QC: CC 564 | NFTsMarket. 6 -2 points-1 points0 points 21 hours ago (0 children) I think its probably russia permalink embed save report give award reply [+][deleted] 1 day ago (2 children) [deleted] [+][deleted] 1 day ago (1 child) [deleted] [–]Goldbaerig 0 points1 point2 points 1 day ago (0 children) Still contributing more than you to the topic. permalink embed save report give award reply [–]tvanbormTin 0 points1 point2 points 1 day ago (0 children) Only if no one accepts different currencies. As long as even just Bitcoin is accepted as payment option, it won't be that much of a threat for those in crypto. permalink embed save report give award reply [–]DukeThom 0 points1 point2 points 1 day ago (0 children) Depends who ya ask I suppose. What’s good of the spider isn’t necessarily good for the frog! permalink embed save report give award reply [–]Chet_kranderpentinePlatinum | QC: CC 381 0 points1 point2 points 1 day ago (0 children) People would quickly form barter markets and gift economies to get around it. CBDCs are bad, but people would find ways to be crafty and sidestep it permalink embed save report give award reply [–]Tasty_snacks 0 points1 point2 points 1 day ago (0 children) And you will not have access to view the blockchain either. Public will run off one fork and the rest on a private. I work in CIT and i am pushing these questions now, with little to no response. permalink embed save report give award reply [–]masedogg98 0 points1 point2 points 21 hours ago (0 children) CBCDS will get no action from me I refuse, I’m already an anxious person without worrying if I don’t spend my money if it’s going to expire, fuggetaboutit 🤌 permalink embed save report give award reply [–]LiwkeTin 0 points1 point2 points 17 hours ago (0 children) Yes, but good luck and got nothing to worry about. Some people though… maybe a good way to redistribute the wealth and get rid of money laundering. Not bullish on cbdc’s but I’m seeing more good things possible with it. Like a tool to get the CO2 plans to work, pay what you pollute! permalink embed save report give award reply [–]ThenScore2885Bronze | 6 months old 0 points1 point2 points 15 hours ago (1 child) I would feel much comfortable to use a gov backed CBDC rather than shady USDT and equivalent. Do not mind tracking. permalink embed save report give award reply [–]GrunblauPlatinum | QC: CC 410, BTC 71 | r/WSB 214 0 points1 point2 points 11 hours ago (0 children) How about CBDC programmed to not buy crypto or precious metals?