Glad to see folks thinking about alternative currencies.
Personally, I don’t see any way the federal government adopts any system that allows transaction anonymity. As such, I believe whatever ‘true’ currency ultimately emerges will not be endorsed by the U.S. government, and will likely be aggressively opposed by government officials.
Thanks for your thoughts Dr. Trost! I really enjoy your content, by the way! It's cool you introduce your students to Hive by having them submit work here. Gave you a follow.
I totally agree. It would be an uphill battle. I think good arguments can be made for the idea (national security, contingency, revenue, etc.).
You miss 100% of the shots you don't take. Can we, in good conscience, let CBDCs be forced on the unaware masses unopposed? If the answer is no, then we need to present an alternative that benefits us, and unfortunately, the state as well, don't you think?
Yes, that’s true.
I applaud and encourage those who pursue ways to expand individual freedom and personal liberty, even when (especially when) there are considerable obstacles in the way.