So I realize people don't quite grasp the full story on the CBDC thing. What I see now is what I imagine an intelligent op based, or Neocon based attempt to use CBDCs as a red herring to distract you from the greater danger to crypto. This greater danger is legislation and CipherTrace/TRM surveillance.
First off you need to understand 6050i recently added in the infrastructure. You're going to need to do some googling, but the TLDR is forcing KYC on developers who make DeFi, putting felonies on them, if they don't collect it from DeFi users.
There are simply going to be more variations of the same law repeatedly put onto the books.
What is happening, is the american regime is using all of this as a future pretext to unperson and deplatform people and essentially bypass the 1st amendment through fascist collusion with tech monopolies, and extreme surveillance based on blockchain data.
But this is entirely impossible in a cash based society. The goal of all of this is to fundamentally get rid of the censorship resistance and cross border nature of crypto, so that it a) can't fundamentally challenge boomer capitalism
b) can't facilitate cash like payments
The current war situation is the most intel-psyop ridden propaganda action the West has likely ever done. Duck Duck Go and Google and Youtube are mass purging people, many who were quite left wing, like abby martin.
all of this after Trudeau, after they turned Russia off with the flip of a switch.
So how are they going to do this in the future.
Not CBDC's, but rather mandated KYC sidechains, and mandated wallets, and wallet protocols like aopp. They will fundamentally strangle this industry with narcware wallets, front ends, and backdoors on software and hardware wallets that comply with Fatf. Fatf is a euphemism for a cashless society.
If you comply with these forms of legislation, and allow KYC to be normalized, you will lose what fundamentally makes crypto crypto. Once they can politically unperson people for nationality and identity, Web3 is no longer Web3, it's no longer international, permissionless, and disintermediated.
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