The_Beave on Nostr: I have a question that's been percolating for a bit and figured I'd ask the nostr ...
I have a question that's been percolating for a bit and figured I'd ask the nostr hive-mind:
Once CBDCs are rolled out and cash is eliminated, how will crooked politicians and bad government actors (like the CIA) launder money?
The only way I can figure this out is that the ledger used for the CBDC is not going to be made public, so they can do WTF they want to with the CBDC, but the volatility of the CBDC does not lend itself well to criminal or off the table endeavors, since it can be destroyed at will and no one would be able to trust it, not even the goons in the government.
So, assuming that there will always be a way for the gubment goons to do shady stuff, how are they going to transact? Is that why there is a move to capture BTC by by regulation? (I think that's why the ETFs got approved.) Will they leave a way to back door something else in the total capture system?
This one point has got me confused and I'd like to know what others think about this.
#asknostr #cbdc #freedom #freedomtech #liberty #financialsovreignty #hardmoney
Once CBDCs are rolled out and cash is eliminated, how will crooked politicians and bad government actors (like the CIA) launder money?
The only way I can figure this out is that the ledger used for the CBDC is not going to be made public, so they can do WTF they want to with the CBDC, but the volatility of the CBDC does not lend itself well to criminal or off the table endeavors, since it can be destroyed at will and no one would be able to trust it, not even the goons in the government.
So, assuming that there will always be a way for the gubment goons to do shady stuff, how are they going to transact? Is that why there is a move to capture BTC by by regulation? (I think that's why the ETFs got approved.) Will they leave a way to back door something else in the total capture system?
This one point has got me confused and I'd like to know what others think about this.
#asknostr #cbdc #freedom #freedomtech #liberty #financialsovreignty #hardmoney