I'm imagining a CBDC that's just a Bored Gavin Yacht Club NFT, blacks get a billion Gavincoins to spend on products you already buy with SNAP, and you can't buy more than $500 worth of any singular type of product per month like baby formula and diapers. No one will be buying mansions with their reparations. A whole black market will emerge with them trading the stuff they can buy for cash at pennies on the dollar. Kind of like what already happens with ebt already.
Well it wouldn't be cash payments because then the govt. couldn't control what they spend it on.
I'm imagining a CBDC that's just a Bored Gavin Yacht Club NFT, blacks get a billion Gavincoins to spend on products you already buy with SNAP, and you can't buy more than $500 worth of any singular type of product per month like baby formula and diapers. No one will be buying mansions with their reparations. A whole black market will emerge with them trading the stuff they can buy for cash at pennies on the dollar. Kind of like what already happens with ebt already.