Meme. REJECT CBDC. Centralization BAD. Decentralization GOOD.
(media.greatawakening.win)
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Digital currency is bad.
Digital currency of any kind or sort is bad.
And no. It can't be protected. And no. It's not "because you don't understand how it works". It's a pipe dream.
If it's digital it's hijackable and manipulatable. If it can be tracked so efficiently as digital transfer would require than it is a control mechanism. Period.
This is good in the same way the vax was safe and effective and everyones stuff would be safe on the cloud and if you use VPN govs can't mess with your data.
We need the possibility of having cash and trade in kind. Anything that is all electronic is controllable from a central location and way too insecure.
I disagree. CENTRALIZED digital currency is not to be confused with DECENTRALIZED digital currency.
Examples of really DECENTRALIZED digital currencies (cryptos)
• Monero at https://www.getmonero.org
• Bitcoin at https://bitcoin.org
• Bitcoin Cash at https://bitcoincash.org
The main benefit of Monero is that it has a much stronger privacy than both Bitcoin and Bitcoin Cash. Also, Monero is supported by the third-largest team of software engineers.
Bitcoin Cash is an improved version of Bitcoin. For example, but not limited to, faster transactions and easier to scale bigger than Bitcoin.
If a state is interested to issue a digital currency, how about using an already existing DECENTRALIZED digital currencies (cryptos). Either:
• As is. That is to say, use the already existing decentralized digital currency. Optionally, support it as a sponsor. With donation, or patch, or any other type of contribution to your liking. Conditional to support it WITHOUT strings attached. So that it fully remain DECENTRALIZED.
Decentralized Exchange
In addition to DECENTRALIZED crypto. For those who needs a very advanced DECENTRALIZED EXCHANGE software, I suggest the fully FREE Bisq at https://bisq.network
Your benefits with Bisq:
• Bisq is 100% decentralized.
• Free software. No license to pay.
• Government and organization cannot block you. No censorship. You are really free to trade with anyone to your liking and express yourself. Of course, within the legal limits of your local community.
• No servers that could be seized.
• Libre software (Open source). So stronger privacy and stronger security.
• Video channel at https://www.youtube.com/c/bisq-network/videos