Recent searches

No recent searches

Search options

Only available when logged in.
det.social is one of the many independent Mastodon servers you can use to participate in the fediverse.
Mastodon Server des Unterhaltungsfernsehen Ehrenfeld zum dezentralen Diskurs.

Administered by:

Server stats:

1.7K
active users

det.social: AboutProfiles directoryPrivacy policy

Mastodon: AboutGet the appKeyboard shortcutsView source codev4.4.3

#CBDCs

1 post1 participant0 posts today
Kudzai
Interesting video by @f8d42124 on where #Bitcoin merchant adoption in El Salvador stands today, especially in light of recent changes to the Bitcoin Law, reportedly influenced by IMF pressure. While the sample size is small—just 21 stores—it reveals some key takeaways. First, Chivo Wallet seems to have done more harm than good. Its poor user experience made rejecting Bitcoin payments easier, especially without proper education. For many merchants, a bad first impression became a lasting one.

Second, apathy toward the Bitcoin Law was evident among many profiled merchants. Whether this stemmed from poor implementation or a lack of education is unclear, though the latter likely played a bigger role.

Ultimately, while Bitcoin’s use is a personal choice, its true power lies in being a medium of exchange. If this function isn’t realized, fiat will likely evolve into #CBDCs—tightening financial control even further.

Check out the video and draw your own conclusions.
https://youtu.be/mkDpE6SjjCQ?si=muyXdj_H4NCmAGjr
youtu.be- YouTubeEnjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube.
jbz

🏦 Even central banks are losing faith in #CBDCs | @financialtimes

"governments and central banks would have to agree on who to license as authorised CBDC dealers. Regulators would have to oversee their dealings, ensuring that their inventories of the relevant CBDCs were adequate. Central banks would have to stand ready to act as liquidity providers of last resort. All this would require the equivalent of the Basel Committee on Banking Supervision, but on steroids"

archive.is/2024.11.26-201126/h

Greg Slepak

What some in the #cryptocurrency space fail to recognize when it comes to:

  • looming threat of #CBDCs
  • hyperinflation of the dollar
  • ongoing genocide in the Middle East
  • hijacking of Congress by AIPAC
  • persecution of software developers like @FreeAlexeyRoman, @rstormsf

ALL of these things are connected and lead back to the same special interest groups.

You cannot fight one of these problems in isolation. They are all tied together!

You must fight them all!

crib.socialcrib.social
TrendingLive feeds
About