The controversy of CBDC
There is no need to explain what CBDC (Central Bank Digital Currency) is, everyone knows what it is. I find the two sides of one Coin.
The Devil of CBDC
CBDC digitally subordinates people's money to the central bank (as happened in China). Just like Tether, the issuer of CBDB can also freeze tokens as required. CBDC is so infamous in the cryptoverse that no-one supporting the crypto industry had ever supported it.
The Angel of CDBC
If people start using CBDC instead of hard paper, then going away with stealing, bribery etc will become impossible, because everything will be traced. Authorities like SEC or CFTC will not give problem for it, because that is their Boss' problem.
My Point (The Coin is Standing)
CBDC will only work if taxes are low, and people's money is protected. If government bother people with high taxes, no safety, then it will fall anuway.
In disability rights, sometimes I think I am a social fighter.
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