create account

RE: CBDC FUD is a Red Herring by yibbiy

View this thread on: hive.blogpeakd.comecency.com

Viewing a response to: @edicted/re-yibbiy-rixkyt

· @yibbiy ·
$0.08
My thinking is central banks also don’t want the transparency on how and how much fiat they create out of thin air.  The privacy protections got to be asymmetric and the public would need to accept that for this to gain adoption, outside of totalitarian style forcing it down. 

Or CDBC can be limited for international settlements only, but then the value is limited and why do that?  Then again, it is only as valuable as policy prudence and domestic productivity (and military might to enforce), which central bank would want to open the book first? πŸ˜‚
πŸ‘  , , ,
properties (23)
authoryibbiy
permlinkre-edicted-2022928t135154260z
categoryhive-167922
json_metadata{"tags":["hive-167922"],"app":"ecency/3.0.34-mobile","format":"markdown+html"}
created2022-09-28 17:51:54
last_update2022-09-28 17:51:54
depth3
children1
last_payout2022-10-05 17:51:54
cashout_time1969-12-31 23:59:59
total_payout_value0.038 HBD
curator_payout_value0.038 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length554
author_reputation20,371,018,436,587
root_title"CBDC FUD is a Red Herring"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id117,011,859
net_rshares126,048,404,439
author_curate_reward""
vote details (4)
@edicted ·
This is exactly why Intranets and Extranets failed where the Internet thrived. 
The only point of CBDC is to link up with Bitcoin and the rest of crypto. 
The open system is the one that has value.
Everything will connect to the open system. 
πŸ‘  
properties (23)
authoredicted
permlinkre-yibbiy-rixn92
categoryhive-167922
json_metadata{"tags":["hive-167922"],"app":"peakd/2022.07.1"}
created2022-09-28 18:27:03
last_update2022-09-28 18:27:03
depth4
children0
last_payout2022-10-05 18:27:03
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length242
author_reputation2,865,625,247,966,930
root_title"CBDC FUD is a Red Herring"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id117,012,854
net_rshares5,095,045,768
author_curate_reward""
vote details (1)