Schmidt on Nostr: Dangers of CBDC Centralization Government control Financial surveillance Financial ...

Dangers of CBDC

Centralization
Government control
Financial surveillance
Financial exclusion
Loss of privacy
Loss of autonomy
Loss of anonymity
Spending restrictions
Negative interest rates
Social credit system integration
Account freezes
Political censorship
Elimination of cash
Monetary policy enforcement
Forced compliance
Misuse by parasitic elite
Manipulation of purchasing power
Reduced competition
Elimination of financial alternatives
Potential for systemic abuse