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re: El Salvador becomes first country to adopt bitcoin as legal tender after passing law

Posted on 6/9/21 at 2:29 pm to
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
80804 posts
Posted on 6/9/21 at 2:29 pm to
CBDCs are the worst case scenario for citizens. No more options to pay privately (i.e. Cash today) and full control of an individual's money lies at the Central Bank with the push of a button. It also allows for radical policies to be implemented that is not possible today such as expiration of certain monies to spark economic spending, confiscation of certain monies if individuals do/don't do certain things, etc.
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