Keep in mind there is a HUGE difference, diametrically opposed, between the CBDC and decentralized crypto like Bitcoin.
CBDC can be turned on or off, (like a bank account of a Canadian trucker) funneled, manipulated, created and destroyed at the command of the central bank, while BTC is decentralized, cannot be manipulated, created or destroyed, only lost by incompetence of it’s user.
BTC can be transparent by the record of the blockchain, but private and autonomous in how, where or who you do business with.
I know a lot of people are not convinced, but that difference I mention is important.
[CBDC can be turned on or off]
That’s what Jim Rickards said in his commercial.
The Digital Dollar will save us! Yeah, That’s the ticket!
(worth it to watch just the first 17 minutes - there will be no way to “prosper”, though)
The Jim Rickards Commercial
https://www.youtube.com/watch?v=fCfzQNhi_ns
How do they turn it ON and OFF? Is it only on your phone or some other device that accesses an authorized database? And the database has the authority? (Flagged/Okay - NoGo/GoodtoGo)
I haven’t actually looked at it. Thanks in advance.