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by husainfazel 1367 days ago
You make a sarcastic response here but the point the parent is making is that we have these grievous injustices happening within the confines of the current system. If we move to the CBDC era without legislation to protect the privacy and human rights of citizens, our governments will have far greater capabilities to erode those rights.
1 comments

So allowing banks to transfer funds between each other and the Federal Reserve in real time will erode your rights?

Don't look now but they do all this already using ACH --- just more slowly and inefficiently.

Buckle up chicken little, your sky is going to fall because the economic case for it is overwhelming.

More like the political case for it.