According to the author, a requirement is to have social capital. Both USA and Canada an amount of the POOREST countries in social capital. In comparison, Nigeria is one of the RICHEST countries in the world in social capital.
I'm Canadian. I can confirm this.
I still believe that Canada and USA would be able to do this and win against CBDC. But it would be much longer. The primary motivation for both Canada and USA is different. Anyhow, CBDC is heavily centralized. So it DOOMED from the start.
I believe that both the citizens and the alleged foreign oligarchs who control CBDC would make significantly much bigger profit and have way stronger control on their finance with a DECENTRALIZED currency.
Why can't we do this in the USA?
END THE FED
According to the author, a requirement is to have social capital. Both USA and Canada an amount of the POOREST countries in social capital. In comparison, Nigeria is one of the RICHEST countries in the world in social capital.
I'm Canadian. I can confirm this.
I still believe that Canada and USA would be able to do this and win against CBDC. But it would be much longer. The primary motivation for both Canada and USA is different. Anyhow, CBDC is heavily centralized. So it DOOMED from the start.
I believe that both the citizens and the alleged foreign oligarchs who control CBDC would make significantly much bigger profit and have way stronger control on their finance with a DECENTRALIZED currency.