julien
@julien51.eth
Can someone explain why a US CBDC would be bad? (I get the Circle wouldn't like it, but for the rest of the industry?)
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Kieran Daniels 🎩
@kdaniels.eth
Because it’s a tool for control. It can be turned off, expired, or only used at certain places. Full surveillance state. This is their final goal. This has already unfolded in china it’s not a guess.
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julien
@julien51.eth
Is it worse than the existing USDC and/or the traditional USD infra?
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Kieran Daniels 🎩
@kdaniels.eth
Usdc isn’t a government issued currency. CBDC would eliminate provide transactions and create a surveillance state. Again, look at china.
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