Unclear crypto policy is bad policy

professor rat pro2rat at yahoo.com.au
Tue Mar 21 07:31:48 PDT 2023


>>  glennbeck
.
@VivekGRamaswamy
challenges EVERY Republican presidential candidate to "make a simple commitment that they will stand opposed to the adoption of CBDCs in the United States."  <<

Central Bank part of CBDC's ( Digital Currencies ) means one per country. As this statement stands it means sanctions of every CBDC - like China's and India's reported pilot-programs already circulating in global markets.
But if it was meant in the singular why the opposition?
Nearly every form of electronic money exchange furthers cryptoanarchy.
And the adoption of yet another govt program need not be a liability either is there is an offset somewhere.
Such as winding down the war on drugs by an amount double the cost of any US CBDC.
BTW a US state DC is less likely than a city one at the moment - Miami's city coin for example. Could be wrong - but then neither of these would be a CBDC either way. Just another crypto. Yes?


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