There is a titanic amount of speculation and fear mongering flying around about the applications of a CBDC (Digital Dollar) and how this will instantly plunge us into a real life version of THX-1138. The government is demonstrably incompetant and the idea they could implement anything as complicated as what people are claiming without fucking everything up with half-assery is dilusional.
The distopian fetish that everyone is fapping over about CBDCs is unlikely and impractical. Also even if they tried anything even slightly close to these fantasy horror stories, a large portion of the populus would just revert to bartering or a substitute currency. Absolute authoritarianism is the stuff of fiction and mostly is used to peddle sub-par wares and other scams. Be more vigilant.
Seabound117 t1_ixt3ci9 wrote
Reply to How will Digital Dollar effect Purchasing Power? by shh_create
There is a titanic amount of speculation and fear mongering flying around about the applications of a CBDC (Digital Dollar) and how this will instantly plunge us into a real life version of THX-1138. The government is demonstrably incompetant and the idea they could implement anything as complicated as what people are claiming without fucking everything up with half-assery is dilusional.
The distopian fetish that everyone is fapping over about CBDCs is unlikely and impractical. Also even if they tried anything even slightly close to these fantasy horror stories, a large portion of the populus would just revert to bartering or a substitute currency. Absolute authoritarianism is the stuff of fiction and mostly is used to peddle sub-par wares and other scams. Be more vigilant.