Quote from: mrust_mobile on December 05, 2023, 06:09:05 PM

Quote from: btcinfo891 on December 05, 2023, 05:46:32 PM

The major problem is converting between real crypto and CBDCs (and other government-controlled electronic money) at the same time preserving the anonymity of the real crypto wallets and the anonymity of the crypto transactions. I have been thinking about it and it seems that there are various ways to organize this conversion between real crypto and CBDCs as long as the users are allowed to transfer freely CBDCs (or other government-controlled money) from one government-controlled wallet to another without significant cost, i.e. minimal or no government taxes for such transfers. I think that if this problem is solved, then the remaining problems will be solved too.

That too.

Everybody hates FIAT but physical FIAT is a wonderful thing. Only a few realize that. Once paper money is gone, we are fucked.

Yeah, that is 100% so. Unfortunately, some countries, like EU member states for example are tightening the laws regarding cash. In some countries like Sweden, cash is almost not used at all.

I think that cash is one of the pillars of democracy, privacy and freedom. Any efforts to eliminate cash should be illegal.