Short Text Note by BankSith

2024-04-02 03:58:21

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 #dystopia #digitaleuro

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

Learn #bitcoin here: bitcoin.rocks (npub18kp…69c4)

#nostr #asknostr 🧡

Author Public Key

npub1xuc7z6wskwqk7jj2ntyyce42gg757n4q7794dgwljpsfhpd7pzzshc97xc

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Published at

2024-04-02 03:58:21

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1 Short Text Note

Event JSON

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BankSith on Nostr: Choose your fighter wisely! BITCOIN - Spend without permission CBDC - Requires ...