provoost on Nostr: Of course I'm happy for any support of analog freedom tech. But it makes the defense ...
Of course I'm happy for any support of analog freedom tech. But it makes the defense of Bitcoin complicated, as I tried to explain on a Bitcoin Amsterdam panel.
If you simply argue that physical cash is going away and people need an alternative, policy makers might agree with you and point out how they're mandating shops to take cash and how their CBDC vaporware is going to be amazingly good for privacy under €3000 (and magically compliant above that).
But that won't stop a ban on cash payments (to businesses) above €3000 like The Netherlands just passed. That means you must have a bank account for large payments, which you'll then use for small payments out of conceivable. And then everyone is stuck in the surveillance drag net that banks happily facilitate.
If you simply argue that physical cash is going away and people need an alternative, policy makers might agree with you and point out how they're mandating shops to take cash and how their CBDC vaporware is going to be amazingly good for privacy under €3000 (and magically compliant above that).
But that won't stop a ban on cash payments (to businesses) above €3000 like The Netherlands just passed. That means you must have a bank account for large payments, which you'll then use for small payments out of conceivable. And then everyone is stuck in the surveillance drag net that banks happily facilitate.