Banks are already digital. They don't need "digital currency" (presumably trustless push-only blockchain) to do all of the things people that warn about CBDCs warn about. They can already take your entire savings, lock or drain your accounts, etc. based on what you purchase, what you say etc.
In fact, adding a blockchain layer would just make it more difficult to do this, not less, and it would make it easier to find those responsible for sucking the money out.
Furthermore, no one will be enticed to use a CBDC. There is no selling point to it at all. "Oh it's just like my regular bank account with all the downsides except now there are some extra downsides? SIGN ME UP!" said no one ever. A centralized "digital currency" is just USD fiat with extra steps.
It's clear that 99% of the people talking about CBDCs don't actually understand trustless accounting ("blockchain") that only supports push-payments (unlike existing bank accounts, which are push/pull and allow third parties to take money from your account without you specifically intervening).
You're naive as fuck. The physical dollar still carries it's face value in currency power.
In fact, adding a blockchain layer would just make it more difficult to do this, not less, and it would make it easier to find those responsible for sucking the money out.
How? How would adding muh (((blcokchain))) be meaningful when as described by Jabba in this video those with the tracking power over the (((blockchain))) would be rothschild central banks? Why are you (((crypto currency))) NPCs so stupid? Honest question. Why are you so fucking retarded?
Furthermore, no one will be enticed to use a CBDC.
Great. That's a bad thing. This is why physical currency is so feared by the jew: they have no control over your or my physical dollars until we hand them over.
A centralized "digital currency" is just USD fiat with extra steps.
As is (((bitcoin))) etc.
It's clear that 99% of the people talking about CBDCs don't actually understand trustless accounting ("blockchain") that only supports push-payments (unlike existing bank accounts, which are push/pull and allow third parties to take money from your account without you specifically intervening).
Which 3rd party can just take away my money? Because as it stands it's only the government. That's it (after me and the bank) and that won't be different with (((digital currencies))). Your blockchain kikery is so fucking retarded.
As usual your replies are fucking stupid. Fuck off retard.
a CBDC means that each dollar is a unique trackable unit (a cryptographic expression), whereas current digital accounts are merely numbers in a computer system (your checking account may have "3,000 dollars" in it, but none of the dollars are unique. Your balance is expressed as a number [quantity] and unit of account [dollars]
Moreover, unlike a physical quarter or a dollar bill, which is "neutral money" and can be freely exchanged between people, lost or found, etc., a CBDC makes each unit of currency a unique digital signature that can only be exchanged through the Central Bank over the internet. Hence, the Bank can monitor and block any transaction at any time, or use the system to track where blocks of money go [from person A to B to C to D, etc.]
Above all, the use of CBDC would also allow your money to be "disabled" for violating "laws". If we go fully digital, you could be prevented from buying food because "your money is no good here"
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