Quote from: philipma1957 on Today at 06:14:54 PM

Quote from: DrBeer on Today at 11:02:06 AM

Quote from: Hewlet on Today at 04:06:18 AM

CBDC (central bank digital currency) are digital representation of a country's official currency managed and regulated by a central bank. The idea is to provide an alternative to digital cash allowing faster transactions and increasing financial accessibility.
Its centralized nature allows the government to directly issue currency to citizens at the whim of central banks
This obviously means that they can not offer the same level of autonomy or censorship resistance that bitcoin offers
The fact that its implementation can lead to potential surveillance and increase government control over finance is something to be worried about.
Considering the fact that bitcoin has earned an high level of trust, security and borderlessness from it user with an inherent monitory policy brings the big question;
Do we really need cbdc now?

To answer once again about CBDC : it is not what we all dreamed of. It is not "blockchain and security for the masses", it is total control and complete management of your money, which will be in the hands of the state. Read about the implementation of this technology, it is a "blockchain hell" which just crosses out all the advantages of this wonderful technology and ideology. But... most likely - there's no turning back now

Well then if so it means btc was a con as it helped people think digital and then the governments of the world will do cbdc.
So my idea that satoshi was the CIA or some secret agency with a plan is bolstered yet again. Get people to used btc then force them to use cbdc.
It would mean btw's sole purpose was to create cbdc down the road.
we could be truly fucked.
or not. time will tell.

You misunderstood me. It's more like good technology created a monster. It happened when the state systems realized that it is difficult to fight cryptocurrencies, but it can be used for their "benefit". That's what happens in our lives. The energy of the atom can serve mankind, giving people light, heat, energy. And it can also kill massively... Like any entity, this technology has two sides. Alas, dualism accompanies us everywhere.