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IMF debates CBDCs with Bitcoin Policy Institute / Natalie Smolenski

Bitcoin Reddit

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Cryptocurrency was ultimately created to take control & trust out of the hands of centralized, private entities. CBDCs are ultimately not just a threat to the privacy of individuals, but also a threat to the existence of the depository banking system in general.

This is one of the best videos I've heard on the matter. First hour is IMF talking heads largely avoiding the intent of the debate all together, and then Natalie comes in turns their words upside-down, proving that there is NO CHANCE privacy will be implemented in ANY CBDC. She makes excellent points and then her rebuttal literally shocks them to their core.

https://m.youtube.com/watch?t=3430&v=HljpEfw8M5o

EDIT: Here's a somewhat legible transcript for the more visual learners among us...

https://pastebin.com/JdNEK0Gm

submitted by /u/grndslm
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