BankSith on Nostr: #bitcoin vs #cbdc. Choose your fighter wisely! BITCOIN - Spend without permission ...

#bitcoin vs #cbdc.
Choose your fighter wisely!

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 #control #socialcreditsystem #china #china #dystopia #digitaleuro

https://bitcoin.rocks

@bitcoin.rocks 🧡