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Author Topic: Tanzania's Move to Introducing Their own Central Bank Digital Currency  (Read 185 times)
Lucius
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October 18, 2022, 01:05:38 PM
 #21

While this is a good move I am of the opinion that as long as it tied to the fiat it will still be affected by many external influences, inflation, taxes, Federal Reserve policy etc. Hopefully, we'd hear of the big announcement soon enough.

A good move perhaps for politicians, but what good is there in any central currency, whether digital or not? I don't understand why people are so fascinated with CBDC, which will only violate their privacy even more - to the same or even greater extent than bank cards or various payment applications do.

I thought that the people who gather around Bitcoin would understand a little better in which direction the digital central currencies of the banks are headed, but all those who in any way experience it as something positive still haven't understood why Bitcoin exists...

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