Row 14850

Row ID: 14850 | Dataset Entry | Axioma AXP Content Repository

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This page contains data entry 14850 from the Axioma AXP content repository. The structured data below represents the complete record for this entry.

How is central bank digital currency good for freedom? It’s literally a digital fiat currency that would essentially allow EVERY transaction ever to be traced.

Along with the implications of validators/nodes controlled by a central entity deciding what wallets are valid. What wallets aren’t valid, complete control of the money supply like we already have (IN THE US)

Edit: I would argue the entire reason those who have flocked to crypto was to escape central banking, not necessarily because of it being a digital currency, most of our currency doesn’t exist in the real world anyways, it’s produced digitally

Allowing a central bank to use a digital currency just allows for all transactions to be tracked now, as well as BLOCKED, halted ect, all that can be foreseen with cbdc is more oversight, restrictions and taxation against our will. No good can come from cbdc.

All I see is a central entity grasping for more power than it already has.

FieldValue
text How is central bank digital currency good for freedom? It’s literally a digital fiat currency that would essentially allow EVERY transaction ever to be traced. Along with the implications of validators/nodes controlled by a central entity deciding what wallets are valid. What wallets aren’t valid, complete control of the money supply like we already have (IN THE US) Edit: I would argue the entire reason those who have flocked to crypto was to escape central banking, not necessarily because of …
label r/bitcoin
dataType comment
communityName r/Bitcoin
datetime 2024-05-20
username_encoded Z0FBQUFBQm5Lakw4TVBUbU1jMDNBWmhGc3d3Q3hSOS1TVTNfaVdpOUlUNnlZUG83WHVYMlViSDRQODZ0dDZWRm5DMGM2dGdEQkRsdzJabnJLekx4b0RNMzlFNV95QVhlQ1hoalpHVE1PQVFfTndCVnFuM1NyZTg9
url_encoded Z0FBQUFBQm5Lak9MTTdSaEtUYjdET21GN0FMM0U5emF3Ry1FVGFmaEJTUXdsOVoxMUVhOFJ0VTZkaHg0RGRnWDBPMkhjVkptb25fOFFBWmRwX08wTWRQZ1FaZ0VQUE9HSUZPUmszZ1dLanYzcnI0andtMTFsRjZobUNIQVozWjNUX3c3eC1hMHROclpScTJhRlgyRW1xd000U1Y0T0Q5X2w2Zmxxakc0eGgtQzNDWDktVXVCZDh2c3V5RV9xSVRETDl0TWF0Nm8zLTNtMk5icXFpY1ZWU3FjYUowVUNZQnpKdz09

Raw Record

{
  "text": "How is central bank digital currency good for freedom? It’s literally a digital fiat currency that would essentially allow EVERY transaction ever to be traced.\n\nAlong with the implications of validators/nodes controlled by a central entity deciding what wallets are valid. What wallets aren’t valid, complete control of the money supply like we already have (IN THE US)\n\nEdit: I would argue the entire reason those who have flocked to crypto was to escape central banking, not necessarily because of it being a digital currency, most of our currency doesn’t exist in the real world anyways, it’s produced digitally \n\nAllowing a central bank to use a digital currency just allows for all transactions to be tracked now, as well as BLOCKED, halted ect,  all that can be foreseen with cbdc is more oversight, restrictions and taxation against our will. No good can come from cbdc. \n\n\nAll I see is a central entity grasping for more power than it already has.",
  "label": "r/bitcoin",
  "dataType": "comment",
  "communityName": "r/Bitcoin",
  "datetime": "2024-05-20",
  "username_encoded": "Z0FBQUFBQm5Lakw4TVBUbU1jMDNBWmhGc3d3Q3hSOS1TVTNfaVdpOUlUNnlZUG83WHVYMlViSDRQODZ0dDZWRm5DMGM2dGdEQkRsdzJabnJLekx4b0RNMzlFNV95QVhlQ1hoalpHVE1PQVFfTndCVnFuM1NyZTg9",
  "url_encoded": "Z0FBQUFBQm5Lak9MTTdSaEtUYjdET21GN0FMM0U5emF3Ry1FVGFmaEJTUXdsOVoxMUVhOFJ0VTZkaHg0RGRnWDBPMkhjVkptb25fOFFBWmRwX08wTWRQZ1FaZ0VQUE9HSUZPUmszZ1dLanYzcnI0andtMTFsRjZobUNIQVozWjNUX3c3eC1hMHROclpScTJhRlgyRW1xd000U1Y0T0Q5X2w2Zmxxakc0eGgtQzNDWDktVXVCZDh2c3V5RV9xSVRETDl0TWF0Nm8zLTNtMk5icXFpY1ZWU3FjYUowVUNZQnpKdz09"
}
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