Quote from: Silberman on October 11, 2023, 04:25:56 AM

Quote from: CryptoBuds on October 11, 2023, 03:37:54 AM

CBDC is another bad thing that the government is using to control us more and they have no good intentions at all. Bitcoin was created to help us reduce the control the government has over us, so it would be naive to think that CBDCs were created to help increase people's trust. With fiat, cash, we can still have some privacy but with CBDC, our privacy will end. The government can control your entire life, even the smallest things. So don't be happy when they release CBCD.

And that is the danger CBDCs represent, for decades governments have waged a war against cash with the excuse they are trying to reduce the crime rate, but their real goal is to eliminate cash so they can track everything you do with your money, and now they are trying to twist cryptocurrencies, which were supposed to be a tool for individual freedom, into a tool to control us even further, will they succeed? I hope not, but for that we will need people not only to adopt bitcoin but to do so while understanding its real goal.

As long as governments still control this world, CBDCs and fiat currencies will remain the main currencies in commodity exchange. Even as bitcoin becomes more popular, it will be difficult for us to escape their control, what we can do is rely on bitcoin to reduce their surveillance.

I think CBDC is something we cannot avoid whether we like it or not, so it is inevitable that we will be controlled more. I'm thinking the worst when cash disappears and all our transactions are done using CBDC. Our smallest transactions will be controlled by them.