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1. silverpill (silverpill@mitra.social)'s status on Friday, 22-Dec-2023 08:14:37 JST silverpill

   in reply to

   • Moon
   • Hyolobrika

   @Hyolobrika @Moon You can use decentralized cryptocurrency without revealing your legal identity. Even if transactions are public, you can maintain anonymity.

   CBDCs, on the other hand, are not anonymous (they might provide some degree of privacy for plebs, but for a regulator everything must be transparent). Add to this cash bans, and you'll get a pretty dystopian picture.

   • Hyolobrika (hyolobrika@social.fbxl.net)'s status on Friday, 22-Dec-2023 08:14:38 JST Hyolobrika

     in reply to

     • Moon
     • Hyolobrika
     I just remember reading all the talk about CBDCs and getting really scared. But not being able to verify it until I saw that article. And then I realised that you can do the same thing with decentralised cryptocurrency.
     
     So, what can CBDCs do that that can't be done otherwise that we have hard evidence for? For instance, have the powers that be admitted anything?
     Why would you say that you are for cryptocurrency but against CBDCs?
     I may dig into what has been written about them at some point, but it's late now and I am in bed.
   • Hyolobrika (hyolobrika@social.fbxl.net)'s status on Friday, 22-Dec-2023 08:14:39 JST Hyolobrika

     • Moon
     True.