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pewgar_seemsimandroid@lemmy.blahaj.zone to Technology@lemmy.worldEnglish · 11 days ago

CBDC Explained : Can your money really expire?

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CBDC Explained : Can your money really expire?

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pewgar_seemsimandroid@lemmy.blahaj.zone to Technology@lemmy.worldEnglish · 11 days ago
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CBDC Explained: Can Your Money Really Expire?
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Ever wondered what happens if your money could expire, get frozen instantly, or stop you from buying certain things? That’s the power of CBDC, or Central Ban...
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  • doylio@lemmy.ca
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    11 days ago

    I know lemmy is quite anti-crypto, but CBDCs seem much more dangerous to me

  • solrize@lemmy.ml
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    11 days ago

    https://en.wikipedia.org/wiki/Demurrage_currency

    discusses pros and cons of money intentionally designed to expire.

  • shortwavesurfer@lemmy.zip
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    10 days ago

    CBDCs could well take the prize for most dangerous thing in our lifetime, similar to nuclear weapons during the Cold War.

    I’m thinking of that line from the song in Les Mis. Look down, look down. You’ll always be a slave. Look down, look down. You’re standing in your grave.

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