Kyle McCollom
@kyle
My conservative relatives are getting riled up about CBDCs and how the US government is going to pull a corralito (https://en.wikipedia.org/wiki/Corralito) with it. I don't think a CBDC makes a government more able to corralito us than the current digital system. Am I wrong?
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Lish ๐ฝ๐ฉ๐ต๐๐ฆ
@lishousesq4rz
Personally I'm not scared of corralito hitting our shores (yet). But tech makes more sense in developing nations. Only a few have launched, others are in pilot, we are in "development" and falling behind. Look at Singapore, euro area, United Kingdom. All on track to adopt ahead of US. More financially inclusive.
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Manator.eth ๐ฉ๐๐๐ฎ
@manator
CBDCs are dystopian tools that only serve as mass surveillance tools and stepping stones for social credit systems like in China, why would anyone cheer for themโ๏ธ
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