#CBDC in a nutshell. Education is always key!

#bitcoin vs #cbdc. 

BITCOIN - Spend without permission
CBDC - Requires permission to spend

BITCOIN - Your money never expires
CBDC - Your money can expire

BITCOIN - Fixed supply of 21M BTC
CBDC - No limit on total supply

BITCOIN - Pseudonymous
CBDC - Linked to government ID

BITCOIN - Decentralized
CBDC - Centralized

BITCOIN - Users can run nodes
CBDC - Users can't run nodes

BITCOIN - Can't be frozen
CBDC - Easily frozen

BITCOIN - Can be self-custodied
CBDC - Must trust custodians

BITCOIN - Predictable monetary policy
CBDC - Changing monetary policy

BITCOIN - Secure
CBDC - Insecure

#centralbankdigitalcurrency #surveillancesystems

https://bitcoin.rocks/bitcoin-vs-cbdc

@bitcoin.rocks https://video.nostr.build/fccbbf795765e2128360ca7ea737267f849c4a06533dfaa9e957937d6575120a.mp4  

 It is in how can such an idea materialize if the people don’t want it. 

Just think about it for a minute. 

 Yeah Hitler made
some pretty empty promises too. 

 BITCOIN - Cross border payments
CBDC - Can be geographically restricted

BITCOIN - Free to use at any time
CBDC - Money can have expiration dates