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A comment on The potential Orwellian horror of central bank digital currencies. Parent comment

Re:The potential Orwellian horror of central bank digital cu... by SignalNotSecure on Sunday July 11, 2021 @09:35PM (#27806028)
Completely disagree. They have even more to gain by being in absolute control, and bitcoin cannot be completely controlled, unlike a financial instrument which can be adjusted at the whim of the court systems and by decree from a central institution
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Re:The potential Orwellian horror of central bank digital cu... by naveen99 on Sunday July 11, 2021 @10:04PM (#27806181)
There is no central court or institution. Trillionaires don’t trust those things. The only absolute control is in themselves. The principal agent problem is not solvable at that level.
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Re:The potential Orwellian horror of central bank digital cu... by SignalNotSecure on Sunday July 11, 2021 @10:59PM (#27806473)
Trillionaires still work in teams; they don't operate in a vacuum. Their influence extends throughout government, which is how they enforce their will, using the police, military, and court systems.
[ Parent | on HN ]