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