Re:Bank Failures Come in Waves
by hanniabu on Tuesday March 21, 2023 @10:01AM
(#35246207)
> CBDC: If you want safe custody of your money.
That's cash. CBDC is if you want no control over your money. At the flip of the switch you can be put on a denial of service list. Except unlike when PayPal does it, you can't just switch providers.
That's cash. CBDC is if you want no control over your money. At the flip of the switch you can be put on a denial of service list. Except unlike when PayPal does it, you can't just switch providers.