Quote from: o_e_l_e_o on Today at 08:40:34 AM

Quote from: pooya87 on Today at 07:13:32 AM

People aren't entering a new jail, it is the same jail as they were in before with a new name.

The goal of CBDCs is to eliminate cash and have everything electronic, and therefore have everything 100% traceable and 100% censorable. This is definitely worse than the current system, where you can at least escape some surveillance and retain some control by using cash.

Exactly!

I know no-coiners who understand this, so I'm surprised Bitcoiners don't get it.

Quote from: pooya87 on Today at 07:13:32 AM

Quote from: cryptosize on November 29, 2023, 09:34:11 AM

Judging by this thread, there is some denial that CBDCs aren't necessarily a bad thing, in fact it's such a "good" thing that people will be "enthusiastic" to abandon physical cash in favor of CBDC! Cheesy

My disappointment arises from the fact that I have high expectations from Bitcoiners (unless they pretend to be Bitcoiners and in reality they're undercover feds)... they should not be so gullible.

CBDC is like a digital jail. Once you enter it, there is no going back to normal (as Klaus Schwab has said).

I wouldn't call CBDCs good or bad. They are what they are and that's not a new thing. People aren't entering a new jail, it is the same jail as they were in before with a new name. They entered that jail the day centralized banking was introduced and they went deeper into it as it grew specially with digital banking.

The centralized authority will hunger for more control and surveillance. The only thing that should matter to us is to preserve Bitcoin's principles so that we can keep it as that "exit option", not try to change the centralized world.

Not true.

The current banking system doesn't have: 1) carbon credits, 2) social credit score.

Look it up:

https://www.youtube.com/watch?v=djpRUafjx7c

MasterCard has already implemented it:

https://www.mastercard.us/en-us/vision/corp-responsibility/priceless-planet/carbon-calculator.html
https://www.mastercard.com/news/press/2021/april/mastercard-unveils-new-carbon-calculator-tool/

And no, this won't be optional with CBDC + Digital ID... I remember people thinking COVID mRNA vaccines would be "optional".

They're "optional" only if you don't mind losing access to workplaces, universities, hospitals, cafes/restaurants (remember the QR/Green Pass?) etc.

The danger is real and the more people dismiss it, the more it creeps up into our lives.