Bitcoin vs CBDC - Spread the Word

[dkbit98]

Governments and countries around the world are working hard to implement CBDC as fast as they can and they are getting serious about it.
I won't name all individual examples but I will post one website who is keeping track of all worldwide news and status for most countries.
There is currently WEF forum in Davos and they are advertising CBDC currencies that are going to be protected by Interpol, and in same time they announce catastrophic cyber attack, removal of cash payments, and concern about Bitcoin

One website for tracking CBDC projects is called Cbdctracker and it is showing world map of countries with more information:


 https://cbdctracker.org/

One more CBDC tracker posted by tbct_mt2:
https://www.atlanticcouncil.org/cbdctracker/

What can you do about this?
You can write your local politicians, complain, call them, visit them and demand from them to stop working on CBDC crap.
I also found interesting project called @NoCBDC that created cool stickers that are pro Bitcoin and anti-CBDC in the same time.
You can print out this stickers, share them in your local areas, send them to friends and spread the word while we have time, or you will wake up in nightmare scenario one day.

Bitcoin vs CBDC - What should digital money look like?
https://bitcoin.rocks/bitcoin-vs-cbdc

Print or make your own stickers and follow @NoCBDC on twitter:
https://www.dropbox.com/s/rr5jea5n35fqybl/%40NOCBDC%20sticker%20sheet.pdf?dl=0

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[tbct_mt2]

CBDC tracker from AtlanticCouncil.org

CBDCs no matter what technology governments want to and actually use, they will try to convince their citizens that they are applying blockchain for their CBDCs. It can be true or a lie and citizens will know about that. The interesting point is even if governments lie, they still promote blockchain technology.

CBDCs will contribute to blockchain adoption in generally by exposing more people to that technology.

[un_rank]

You can print out this stickers, share them in your local areas, send them to friends and spread the word while we have time, or you will wake up in nightmare scenario one day.

Do you really think this would be effective? The desire of governments to control our lives is obvious in many countries and anyone who is yet to come to that realization would not do so cause of some sticker.

We cannot boo away CBDCs or sign petitions against it, we can only avoid it and stick to decentralized medium of exchange on the blockchain. And hope others would follow suit.

- Jay -

[teosanru]

Haha trust me printing stickers and resisting is not going to be effective at all. This way is exactly similar to governments shouting against Cryptos telling that they are a scam they are risky they are fraudulent. CBDC is just their answer to tackle Cryptos and trust me it will never affect Crypto market in any way. Only thing it will effect is fiat. People are into crypto either for it's value appreciation or for it's decentralised and confidential mechanism and none of them can be provided by a CBDC. So chill out CBDC cannot harm Cryptos.

[uneng]

What can you do about this?
You can write your local politicians, complain, call them, visit them and demand from them to stop working on CBDC crap.
IU also found interesting project called @NoCBDC that created cool stickers that are pro Bitcoin and anti-CBDC in the same time.
You can print out this stickers, share them in your local areas, send them to friends and spread the word while we have time, or you will wake up in nightmare scenario one day.

Maybe this approach can work in civilized countries, but not on the generalized corrupt ones, that is the case where I live and as I see, CBDC is already in Proof of Concept stage here. Politicians rely on the ignorance of the citizens to pass laws they want which will favour them and their groups on long run, without any kind of uprisings from the people. The conscious minority who protests is just going to be ignored by politicians, since they don't really their votes to be elected. If the three powers (executive, legislative and judiciary) want to approve CBDC, they are going to do this here without any setbacks.

I hope in your countries you have more luck fighting it back.

[dkbit98]

CBDC tracker from AtlanticCouncil.org

Thanks for this link, I added it to my original post.

Kudos for the effort, but I think that ship has sailed. All the mainstream politicians have been bought already and will do what their masters tell them to do. This total control thing has been set in motion long time ago and I don't think that anything/anyone can stop it, expect maybe nuclear holocaust that would reset the things.

Maybe this is true, but I certainly won't give up easy and follow all their crazy future scenarios, because they need 100% of people to participate for this crap to work.
Their plan won't work even if 10% of people reject this change and make up their own economy outside the narrative of WEF and their operators, maybe with Bitcoin, produce, salt, food, and everything else people used to trade before.
I never had negative frame of mind despite all the dark scenarios and prognosis, but people are wrong if think they will be able to use Bitcoin normally after this creeps introduce CBDC to all countries.

[franky1]

i do laugh some times

politician and big banker businesses go to meetings and organise lobbying efforts to push other politicians to write things into law

someone in bitcoin community tells people to "fight" ... by wearing a sticky

to truly want to keep paper/polymer notes in circulation. needs to be done via petitions where by people in a politicians constituency(region/states) receives enough signatures that enough of the people they represent do not want the removal of paper/polymer notes. sways the politician not to push for paper bank notes future removal
thus if enough politicians see that they wont push so hard(or risk no being voted in again next election day), then it can stop such activities going forward.

along with a lobbying effort by big players that also want to see paper/polymer notes stay in circulation to fund a campaign to keep paper/polymer nots in circulation.

however.. this push FOR CBDC is not citizen led its IMF and BIS pushed. along with those big businesses of WEF
(in short: big bankers/payment services)

bankers hate having to handle paper notes. they hate how visa/mastercard are taking nice fee's leaving to pay the costs of cash handling.. the bankers want to earn the fee's and not left with the costs of handling paper money

you are not going to win a fight over their motives.. with stickers

[bittraffic]

Haha trust me printing stickers and resisting is not going to be effective at all. This way is exactly similar to governments shouting against Cryptos telling that they are a scam they are risky they are fraudulent. CBDC is just their answer to tackle Cryptos and trust me it will never affect Crypto market in any way. Only thing it will effect is fiat. People are into crypto either for it's value appreciation or for it's decentralised and confidential mechanism and none of them can be provided by a CBDC. So chill out CBDC cannot harm Cryptos.

It's about spreading the word about CBDC. This is an awareness campaign to make people learn and be warned about CBDC so they know it's all about surveillance.  CBDC may really come and no one can stop it but people will learn that there is an option to use which is BTC, I think the sticker should be introducing BTC as well.

So far there are only 6 countries that have pilot CBDC. No country yet fully launched CBDC.

[LoyceMobile]

Governments and countries around the world are working hard to implement CBDC as fast as they can and they are getting serious about it.

ECB is indeed working "as fast as they can", which means they've spent years debating whether or not they'll do it, and as far as I know they're currently in the "investigation" phase which will take years again.

It's kinda funny, central banks are dinosaurs and know they have to do something, before they're too late and nobody wants them anymore. They also don't want to get rid of all their rich banker friends, so there's still a role for traditional bank accounts in their plans. And they want to add the ultimate control to their token.

But none of it matters. It's just another form of inflationary fiat money, controlled by unelected people. Same old, same old.

[franky1]

It's about spreading the word about CBDC. This is an awareness campaign to make people learn and be warned about CBDC so they know it's all about surveillance

but have YOU done the work of researching and learning about CBDC to then proclaim yourself an advocate for teaching others?

i say this becasue i bothered to read alot of the CBDC white papers and prototype code and plans.

and reading their plans vs what some people spout out.. . what people spout out sounds more tinfoil than factual

CBDC is simply the same as digital fiat today.
from a oversight/monitoring prospective
(politicians dont watch peoples transactions, nor do regulators. it gets delegated to the commercial payment services to police their customers and report the suspect users)
CBDC is the same concept

from a KYC
(value above X requires certain level of kyc)
CBDC is much the same

and yes that includes china's  e-yuan

[mendace]

It has long been known that CBDCs are the only tool to counter Bitcoin that dear governments have in hand.  Unfortunately for them Bitcoin is a real strength and they don't have the power to govern it therefore and they have to create their own currency to feel free but to take away freedom.

[dansus021]

first of all the tracker was good how's make this website  and pretty much interactive you can click the country and see the news

CBDCs no matter what technology governments want to and actually use, they will try to convince their citizens that they are applying blockchain for their CBDCs. It can be true or a lie and citizens will know about that. The interesting point is even if governments lie, they still promote blockchain technology.

CBDCs will contribute to blockchain adoption in generally by exposing more people to that technology.

and this also true that CBDC will most likely are gonna using private chain so its pretty much same with e-wallet app like venmo or Paypal.

but the good news is people that hear word "cbdc" will most likely it has connection with bitcoin

[bittraffic]

It's about spreading the word about CBDC. This is an awareness campaign to make people learn and be warned about CBDC so they know it's all about surveillance

but have YOU done the work of researching and learning about CBDC to then proclaim yourself an advocate for teaching others?

i say this becasue i bothered to read alot of the CBDC white papers and prototype code and plans.

and reading their plans vs what some people spout out.. . what people spout out sounds more tinfoil than factual

CBDC is simply the same as digital fiat today.
from a oversight/monitoring prospective
(politicians dont watch peoples transactions, nor do regulators. it gets delegated to the commercial payment services to police their customers and report the suspect users)
CBDC is the same concept

from a KYC
(value above X requires certain level of kyc)
CBDC is much the same

and yes that includes china's  e-yuan

It's not a tinfoil hat theory anymore. If centralized exchanges can block, or suspend our account because our funds come from a Russian exchange, the government can do the same.

Politicians don't watch transactions. Banks don't watch transactions either but once you are part of a protesters group, your transactions might. Today, just being somebody like Jordan Peterson will get them in trouble and punished financially.

[franky1]

It's not a tinfoil hat theory anymore. If centralized exchanges can block, or suspend our account because our funds come from a Russian exchange, the government can do the same.

Politicians don't watch transactions. Banks don't watch transactions either but once you are part of a protesters group, your transactions might. Today, just being somebody like Jordan Peterson will get them in trouble and punished financially.

your "might" is the tin foil i was talking about
if your level 2-3 wallet(kyc'd) is frozen(for all the standard fiat reasons allowed today to freeze assets) you can still use level 1 wallet(no kyc, though lower spending limit) in a CBDC scenario

heck. even people on bail awaiting trial for curency fraud/theft are allowed some form of spending ability to survive on

all in all CBDC has the same policy as fiat(the good the bad and the worse). just a different data architecture of wallets/accounts

out of 8 billion people.. you choose jordan peterson as your influencer example. pfft you might as well have said trump or alex jones(same brotherhood of nuts)
you could have said that greta girl having funds limited due to being anti-gov protestor, and thus you would sound less tinfoiler

[pooya87]

CBDC is just the world banksters following a hype trying to keep their relevance in a world that has a decentralized currency called bitcoin. I don't see the point in it and I see even less point in printing stickers and bitching about it on social media because it won't change a thing.

I can only see a possible silver lining which is these centralized altcoins have the potential of replacing centralized shitcoins called stablecoins and reduce the risk they impose on the cryptocurrency market.

Politicians don't watch transactions. Banks don't watch transactions either

I have 3 letters for you: N+S+A

[franky1]

Politicians don't watch transactions. Banks don't watch transactions either

I have 3 letters for you: N+S+A

i have 3 letters for you
MSB
money service businesses
its CEX/banks that watch their customer and report only the juicy/suspect data up to authorities

authorities are not proactive, they are reactive
sec only react after they get a SAR or complaint or after a bankruptcy/audit filing
DOJ(courts) only give out asset seizure orders after being handed a claim from authorities
MSB only freeze/lock an account after a court order

it actually is worth while doing research, it might help you understand the realities of matters. rather than the social tinfoil brigade opinion

sidenote: shady malicious MSB's not following rules can internally lock funds off without reasons(not via court order).. but thats called a scam site

[rat03gopoh]

There are several target groups for this campaign,

• pro government: they'll of course be the first to accept.
• don't care: don't support and don't reject, but have their own choice.
• do not know at all: they don't understand anything, only obey the policies (ordinary people).

So, let me be in the "don't care" group. In the end (said pessimistically) because of the policy, CBDC will be implemented and replace the existing circulation of physical money. Bitcoin will forever be the alternative means of payment (WP-according), and with all modifications, fiat will remain the primary means of payment.

Good luck with this campaign.

[Tony116]

Bitcoin is not just a currency, a payment method, an asset, and a store of assets, while CBDC is no different from fiat, it is just a digital version of Fiat. So I think it will never be able to impact or be able to compete with bitcoin. What the government wanted when creating a CBDC was that they tried to control us more, not make it compete with or prevent the development of bitcoin. How can a centralized thing compete with a decentralized one?

[Leviathan.007]

Talking about CBDCs, there are many people who think the CBDCs are competitors for bitcoin and the CBDCs are created to race against bitcoin and the governments just created the CBDCs to make bitcoin fade out while in reality if you think about it, CBDCs are actually just like the old traditional fiat currencies and there is not any difference between these two, no matter what kind of technology they use in the central banks for the CBDCs. Because in the end, the CBDCs are not comparable with bitcoin because these are centralized and get controlled by the central banks and the governments.

[franky1]

Talking about CBDCs, there are many people who think the CBDCs are competitors for bitcoin and the CBDCs are created to race against bitcoin and the governments just created the CBDCs to make bitcoin fade out while in reality if you think about it, CBDCs are actually just like the old traditional fiat currencies and there is not any difference between these two, no matter what kind of technology they use in the central banks for the CBDCs. Because in the end, the CBDCs are not comparable with bitcoin because these are centralized and get controlled by the central banks and the governments.

Central banks and commercial banks work on an old system of 48hour settlements.. they have for decades. which meant they had to rely on visa/mastercard debit systems for 'live payments'

CBDC is more of a threat to remove visa/mastercard debit cards and make them no longer required. to bring that system back into the banking hold instead of visa making billions a year on debit fee's

apart from that CBDC from a user/citizen point of view is the same as using a bank account card today
still reliant on a payment service to do the funds moving on behalf of users, still needing to obide by their user agreement bank policies. etc same rules apply.. just quicker settlements "in-house"

the BIS which manages central bank international services. already have banks asking them to be allowed to hoard upto 5% of their collateral in the form of decentralised assets like bitcoin and a higher % of stable coins by 2025
the BIS has compromised with a 2% bitcoin allowance and an unknown(by me, i havnt bothered caring for stablecoin research) but higher %for stable coins
so its not like they are trying to kill cryptocurrencies

its more of modernising the bank data architecture and remove the need for visa debits for everyday purchases

there will still be kyc-less account types (much the same as todays virtual visa/giftcards) though these accounts have a lower limit of "to low to care about tax evasion/terrorism threat" $1k-$3k max balance allowed(depending on what countries decisions are)