The real question is does this bolster or harm the cause of the CBDC?
You could create a CBDC token tied to hard assets like gold or land or other commodities sort of like a blockchain ETF where people trade gold or silver futures today?
Or is Putin doing this because he wants Russia with something solid to base its financial system on that he controls out of the grasp of the central banking cabal that answer to Davos?
Even if it's tied to gold, CBDC has the ability to easily track and regulate (ie. limit where money can be spent, seize money, freeze accounts, set carbon limits). Hopefully enough people see what happened in Canada and with Russia as a reason to never trust a CBDC.
The real question is does this bolster or harm the cause of the CBDC?
You could create a CBDC token tied to hard assets like gold or land or other commodities sort of like a blockchain ETF where people trade gold or silver futures today?
Or is Putin doing this because he wants Russia with something solid to base its financial system on that he controls out of the grasp of the central banking cabal that answer to Davos?
Even if it's tied to gold, CBDC has the ability to easily track and regulate (ie. limit where money can be spent, seize money, freeze accounts, set carbon limits). Hopefully enough people see what happened in Canada and with Russia as a reason to never trust a CBDC.
well what Canada did just demonstrates that all bank accounts are unsafe, no matter the currency inside them :(
With fiat, there is cash. It's harder to transact if you're not using a bank account, but possible. CBDC makes it impossible.