There certainly is a shockingly high degree of opportunistic activity occurring right now/as a purported derivative of the covid-19 response.
Isn’t all current money really digital at it’s core?
My bank account is just an electronic record these days.
A block chain based CBDC would be bad for privacy, a record of where each and every bit of money has been.
The article itself says the proposed CBDC is not as anonymous as cash - which is funny, as at the beginning of the decade people were saying block chain was more anonymous than cash.
Banks are going to be pissed when SAFENet launches, they just caught up with encrypted block chain tech - and SAFECoin comes along and solidifies privacy.
I don’t think it’s opportunistic. I think it’s been planned or at the very least prepared for. I mean they rolled Prince Charles out and all. And this happened in the space of a few months. The dust is barely beginning to settle.
You destroy the economy, make people scared of handling cash and then begin the great reset to save humanity and all those poor African children. Part of your solution is blockchain based digital crypto currency.
No not all current money is digital. Just most of it.
I don’t know if it would be worse than the current digital model, probably yes.
There are some whispers by folks in the bullion game that suggest a cbdc backed in part 10% or so by gold might be one solution out of the mess we’re in. I just don’t see central banks doing that for obvious reasons.
That was a more than slightly facetious / sarcastic “opportunistic”. The fact that one of the first covid stimulus bills had a proposal for a digital USD all seemed like too much of a coincidence to me. Plus all of the data privacy issues contact tracing presents, and so many other actions with worrisome second and third order ramifications that can so easily sneak into being under the cloak of handling a global pandemic. I’m not saying covid—19 isn’t a problem, just that there is more going on here than meets the eye…
Absolutely. I forgot about that bill. You are so right.
I’m actually all for cbdc if it’s done correctly and has privacy protections built into it, redundancy measures so government cant just decide to shut off your access as is possible in China and some level of anonymity if persons so choose… which it won’t be.
My angle is take what they give, if it’s tax breaks, tax free money, etc. And convert most of it back into crypto I trust.
If you have $ 5,000, you can join the FileCoin tests and earn some of their coins. This is the configuration they recommend for small “farms”:
Once their hardware will be obsolete for FileCoin network, they can join SafeNetwork.
From our testing we should know if RasberryPi will be worth to use, or for lack of power is useless.
Say goodbye to your crypto .com card if you have one…
I just signedUp
That’s 44K Maidsafecoins, no thx…
Isn’t that by the guy who created Node? (Guess the clue’s in the name)
Damn the name is so in my face now that you pointed it out.
Thought he was all about Go now? Is that now why he bailed on Node.
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