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RE: BitShares Weekly Report

in #bitshares2 years ago

The threat has now shifted from monopolistic fiat currency to the desire for a totalitarian social credit system using CBDC's. The remedy for such treachery can be found in the DEX technology on BitShares.

Idk if digital cash is that big of a deal, if it means the dollar will continue to exist in the future then so be it.

It's basically the same tech as UIA on the BTS DEX, in fact we should encourage them to issue their CBDC's on the BTS DEX; their 'treachery' (LOL) could be further enabled by teaching them about asset account block lists and the ability to claim back tokens (as the issuer), lmao.

RE social credit systems they simply won't be implemented to the same degree as they are in china, it's not something to worry about. CBDCs also won't erase cash, they'll just prevent the end of the dollar imo.

The DEX is worthy of promotion over CEX for sure, however most of the world doesn't care about CBDCs nor USA politics imo, lol

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Imo its not USA politics its WEF politics "you will own nothing and be happy" and they have every intention of expanding their already pervasive technocratic control system devoid of individual liberty

Honestly it's pretty far fetched.