Kyle McCollom pfp
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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Locha at FarCon ⚡️ pfp
Locha at FarCon ⚡️
@locha
Why would the US want to impose a corralito in the first place? What happened in my country (Argentina) at that moment was a deep economic crisis with plummeting reserves at the central bank. We had 5 presidents in 2 weeks, it was that bad
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Kyle McCollom pfp
Kyle McCollom
@kyle
Exactly.
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