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To: DUMBGRUNT

Not one “crypto” speculator/investor thinks that Central Bank digital fiat would be worth anything except as an on/off ramp.

The ability to expire, track, withdraw, or inflate CBDC is anathema to the objective of cryptos and the blockchain.


8 posted on 05/24/2021 12:40:33 PM PDT by Vermont Lt
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To: Vermont Lt

—”The ability to expire, track, withdraw, or inflate CBDC is anathema to the objective of cryptos and the blockchain.”

China Creates Its Own Digital Currency, a First for Major Economy
A cyber yuan stands to give Beijing power to track spending in real time, plus money that isn’t linked to the dollar-dominated global financial system

https://www.wsj.com/articles/china-creates-its-own-digital-currency-a-first-for-major-economy-11617634118


13 posted on 05/24/2021 1:28:39 PM PDT by DUMBGRUNT (("The enemy has overrun us. We are blowing up everything. Vive la France!"Dien Bien Phu last message)
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