Is that a quote from taskmaster or you are taskmaster? Hard for me to believe if you are. I've tried in the past to watch him in videos but he just rubs me the wrong way, but I can read your stuff with no problem when a topic interest me. Sort of just blew my mind.
"we're going to decentralize voting and give the power back to our clients". What that specific part means is that Blackrock is getting dumped by a lot of states into the billions of dollars over their DEI agenda, which they threatened in the past to deny shareholders their votes if they didn't fall in line with the agenda(s) (there's more than one) of Blackrock. Just from Texas alone the other day they lost eight billion in investments from the state of Texas.
I know you think this is all great, but as you said, it's just the beginning. It may take decades before the full implementation, part of that will include some sort of CBDC. Maybe by then it will be all fine and dandy with whatever generation is in play but the ultimate goal will be similar to the China model and they'll have the ability to control your account like China does if you don't pay your bills. Whatever, I'll be long gone more than likely but it will suck when you find out or they find out what the end game was.
CBDCs are irrelevant.
Every DEFI coin launched in 2020 was a CBDC.
Completely and utterly centralized and controlled.
Nobody cares.
They fail when the first bear market rolls around because it's a stupid idea.
Doesn't matter who controls it.
Never said it was great; never implied it was great.
It is quite simply the obvious result of mainstream adoption.
Mainstream adoption means institutions will use the tech.
Disruption means the tech will be leveraged and crush anyone who doesn't use it.
Did not imply I was Taskmaster either.
I had a feeling I should write "me" instead of "I", although technically incorrect.
Lol, whew, thought I was losing my mind there for a minute. I usually have a pretty good inclination for these things but thought maybe because I hadn't actually put any work into his post I missed something. I've watched a couple things he put out there of interest but for the most part, as with a lot of others, especially technical stuff, it's above my head.