Post
Topic
Board Bitcoin Discussion
Re: Bitcoin Forever
by
Lucius
on 22/03/2023, 15:45:02 UTC
That's a good point, anything that the government suggests to use, then we would use it anyway. Actually bitcoin is as easy as CBDC to understand, even easier, especially for young people which they have more knowledge about recent technologies and could access any info they want, while the older people prefer to have same side with the government, no matter if the effect of the policies is good or bad for them.

I already wrote that I do not agree that we should put CBDC and Bitcoin in the same category of complexity, because digital fiat is nothing more than a visual display of one's funds in a government application - there are no fees, transactions are instant and there is no need to think too much. In addition, when the time comes for digital euros or US dollars, you will be able to pay with them anywhere, with Bitcoin this will probably never be the case.


India and Russia are trying to implement CBDC because they didn't want to consider crypto as a legal thing in the first place, and CBDC is their newest way to make their people get rid of that.

Obsessive control of people and their actions in order to control the masses results in the fact that the CBDC starts from countries that have a deeply indoctrinated population, just as is the case with China and Russia. If you can sell a nation the story that Nazism is back and that they must go and liberate Europe, as was the case in World War II - then you can sell them anything, let alone digital fiat.