#CBDC vs #bitcoin. Choose your fighter wisely! BITCOIN

2024-05-19 07:37:13

#CBDC vs #bitcoin.
Choose your fighter wisely!

BITCOIN - Spend without permission
CBDC - Requires permission to spend

BITCOIN - Your money never expires
CBDC - Your money can expire

BITCOIN - Fixed supply of 21M BTC
CBDC - No limit on total supply

BITCOIN - Pseudonymous
CBDC - Linked to government ID

BITCOIN - Decentralized
CBDC - Centralized

BITCOIN - Users can run nodes
CBDC - Users can't run nodes

BITCOIN - Can't be frozen
CBDC - Easily frozen

BITCOIN - Can be self-custodied
CBDC - Must trust custodians

BITCOIN - Predictable monetary policy
CBDC - Changing monetary policy

BITCOIN - Secure
CBDC - Insecure

#centralbankdigitalcurrency #surveillancesystems #control #socialcreditsystem #china #dystopia #digitaleuro

Study #bitcoin here:
Bitcoin rocks: https://bitcoin.rocks/bitcoin-vs-cbdc
bitcoin.rocks (npub18kp…69c4)

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2024-05-19 07:37:13

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BankSith on Nostr: #CBDC vs #bitcoin. Choose your fighter wisely! BITCOIN - Spend without permission ...