Will everything be based on my social credit score?
Decentralization, as the article explains, is the antidote to cbdc control over our money and financial actions.
Citizen, great question. A CDBC is evil, centralized, issued by the same godless Federal Reserve & Central Banksters and must be avoided at ALL costs. Crypto is privately issued, can be backed (collateralized) by gold/silver, has a fixed supply of tokens (prevents inflation, quantitative easy), the weaponization of the crypto, politically motivated sanctions, 100% accounting transparency and makes it virtually impossible to make crypto debt instruments masquerading as money. Local, retail, commercial banks that serve the needs of citizens, independent of Central Banker “strings”, will still play an important role.
Here’s a link to some of my research on all things Banking, Crypto, the Fed, Great awakening and the new era of wealth redistribution that will be underwritten by God, Common Law, full transparency & sound accounting principles. https://robcunningham.substack.com/