Tuesday, December 3, 2024
CBDC

CBDC can lead to abuse of power

By DAC000 , in CBDC , at September 17, 2023

it was claimed at a US Congressional hearing. About a five minute read.

Comment: exactly, and its reassuring to see politicians recognising the obscene level of control a CBDC would manifest over private capital. They should just adopt an existing crypto to achieve fast payments and be done with it. I nominate XRP (yes, I’m talking my book here).

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