RE: RE: Political Intrigue
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RE: Political Intrigue

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2y

What even is a CBDC?

Can we even define it?

Normally with technology we can define things based on what the technology actually is.
A car is a car.
A computer is a computer.
A phone is a phone.

CBDC isn't defined by the tech; it's defined by the entity launching the tech.
Doesn't matter what the code is or what it does.
If it's launched by a government or central bank it's a CBDC.
If a dev team launches it, it's just another shitcoin.

This means that CBDC isn't even a technology; It's a BRAND.
All the value of crypto is derived from the network.
The brand is largely irrelevant except when interfacing with centralized WEB2 systems.
This is why I require actual proof to see if such a thing can even happen.