How do you convey the risks of a #CBDC to those uninterested in finance?
They're coming, whether people want them or not. There will be no vote.
Learn how a CBDC will affect your financial future.
Let's begin.
WHAT IS A CBDC?
WHAT DOES A CBDC ENABLE?
The programmable nature of a CBDC will unlock capabilities that are not feasible in the current fiat financial system.
THE "FINANCIAL INCLUSION" MYTH
"Our regulatory system is actively excluding people from access to finance. We have finally reached the point where access to basic financial services has become a privilege" - Andreas Antonopoulos
THE INNER WORKINGS OF A CBDC
CBDC plumbing is constantly evolving, yet the end goal remains the same - more control.
IS THE CURRENT SYSTEM ALREADY LIKE A CBDC?
It is true that the majority of fiat money is digital. What makes a CBDC uniquely dangerous is not that it is inherently digital, but rather how it can be packaged with other tools of the state.
THE QUIET PART, OUT LOUD
No need to take my word for it.
Hear from the architects of our CBDC future.
HOW WILL A CBDC IMPACT COMMERCIAL BANKING?
I've witnessed first hand a major commercial bank trying to come to terms with its role in a CBDC future.
Familiarise yourself the basics of commercial banking and how a CBDC alters the incentives of the incumbent system.
CAUSE FOR OPTIMISM
On a long time horizon, some contend (myself included) that CBDCs will ultimately fail. Until then, continue to educate others and seek freedom-oriented alternatives.
Follow nation-state CBDC progress with the HRF's CBDC tracker:
https://cbdctracker.hrf.org/
Link this post, send the pictures to your loved ones via messaging apps, or download the full pack here:
https://drive.proton.me/urls/RBETWE042M#WMkcWpIOtXV2
Thanks for reading.