RE: CBDC FUD is a Red Herring

Banger of a post.

If the government can force us to use an experimental currency that is a blatantly obvious conflict of interest across the board... then that is probably the least of our concerns at that time. We're going to be more worried about our next meal than what kind of money we're transacting in at that point.

The thing is, in first world countries there are a lot of people relying on government funds that are actually worried about their next meal.

Not just lazy bums who don't want to work.

The truly vulnerable members of society

...The ones we ignored in favour of oUr rIgHtZ when the public health system was inundated.

The disabled etc.

It's this subsection of society who will have no choice but to use the fully programmable CBDC because they have no other choice.

Taking those welfare payment debit cards that can't be spent on booze and gambling to the next level.

I fully agree with you that a CBDC is not going to go mainstream because quite frankly there will always be alternatives that are MUCH more attractive to society.

But they're coming and going to at least initially play a role in subsections of our society.

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