Bitcoin, other crypto currencies, CBDCs and fiat: What's the difference?
This is a presentation on how money works, from cash to Bitcoin to proposed CBDCs. From my perspective, 80% of the talk was a bit pointless. I'd owned cryptos for a decade, and most of it covered the basics that I already knew.
The debate aspect was CBDCs being used as a “tool for control”. I'd posted a link from my anti-conspiracy blog refuting social media arguments against a cashless society. The response was that CBDCS were not a “conspiracy theory”.
I pointed out that rational objections such as a foreign university student being unable to buy food from campus because they had gone cashless were perfectly valid.
I also pointed out outrageous claims such as an Australian saying his country hadn't printed any banknotes since 2018. Or CBDCS were going to turn our country into North Korea and go deep into conspiracy territory.
They seemed more interested in arguing over the definition of “conspiracy theory” than answering my questions.
Funny that.
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