Post
Topic
Board Bitcoin Discussion
Re: OFAC-Sanctioned Transactions Being Censored
by
cryptosize
on 01/12/2023, 20:20:32 UTC
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.

The question is: is it better to use card payments with the current system? Or CBDCs? To me they are the same. I see no difference at all.

I hate both, but I admit I use card payments a lot. Some entity is behind the transaction anyway, so...
They are NOT the same.

Have you read the entire discussion?

CBDC introduces new variables (carbon credits, social credit score). Cards are different.