After the heretic detour yesterday, I'm back to blathering about strict global consensus

After the heretic detour yesterday, I'm back to blathering about strict global consensus

https://polynya.mirror.xyz/7pV8nHi9P0JNuS6kwB1Qvko2_eQrv1628IXLFEmOYb0

Really not a crank, but I do view dystopia as the already existing framework between things Chokepoint 1&2.0 (unbanking politically unpopular ways of making a living, police asset seizure laws, ever increasing KYC real reporting conditions and real proposed changes, etc. And that’s just US. Imho this framework…1/2

Freedom Factory | @ethos Ethereum mobile operating system. North maxi.🏰

Does sound kinda crankish when I put it like that hmm

This framework is only tempered because its application/enforcement is actually decentralized if you will, and CBDC would be a centralizing powerful tool not contributing to the possibility of, but leveling up the existing decentralized dystopia current state.

Everything you have said is equally applicable for the specific usecase quoted - USDT or USDC

Indeed, a well-designed democratic CBDC using ZKPs will be a significant step forward over USDT or USDC status quo

Crypto-native assets (not stablecoins) like BTC or ETH also useful in the rare worst-case scenarios