CBDCs Are a Threat, But Are They Also a Pipe Dream?
blog.silvermint.net
We discussed the Bitcoin Policy Institute’s excellent white paper earlier this week on the problems presented by a Federal Reserve central bank digital currency. Bitcoinist dives a little deeper on two key issues that BPI addressed, and raises an interesting point. They argue that the idea of a CBDC is inherently dangerous and unfit for a free, capitalist society. They are, we agree, an authoritarian’s dream tool.
CBDCs Are a Threat, But Are They Also a Pipe Dream?
CBDCs Are a Threat, But Are They Also a Pipe…
CBDCs Are a Threat, But Are They Also a Pipe Dream?
We discussed the Bitcoin Policy Institute’s excellent white paper earlier this week on the problems presented by a Federal Reserve central bank digital currency. Bitcoinist dives a little deeper on two key issues that BPI addressed, and raises an interesting point. They argue that the idea of a CBDC is inherently dangerous and unfit for a free, capitalist society. They are, we agree, an authoritarian’s dream tool.