This news may be more optimistic than the Bitcoin reserve strategy. No CBDC means no programmable money. No money at maturity. No money can be given to citizens in exchange for obedience. Because that’s how CBDC works. As long as you use it according to the government's requirements and act according to the government's requirements, you can own your money. Does this mean respecting the law? Of course, respecting the law is right and normal. But this currency was introduced in countries that had authoritarian governments or wanted to become authoritarian to have more control over their citizens. As a result, those laws that everyone must respect will begin to change and no longer be fair laws, but prohibitive and mandatory laws. Of course, there are situations where cryptocurrencies can play a similar role if governed by a centralized entity that wants to take on an authoritarian form. But if you keep your Bitcoins in your wallet, this will never happen. Your keys, your money. The same cannot be said for the money you have in the bank. Not to mention CBDC. I'd like to hear something like this in Europe too.
Risk and Disclaimer:The content shared by the author represents only their personal views and does not reflect the position of CoinWorldNet (币界网). CoinWorldNet does not guarantee the truthfulness, accuracy, or originality of the content. This article does not constitute an offer, solicitation, invitation, recommendation, or advice to buy or sell any investment products or make any investment decisions
No Comments
edit
comment
collection45
like41
share