The benefit of CBDC is that a sufficiently-sized EMP would wipe out everyone's debts along with everyone's wealth. It's like a Year of Jubilee forcefully imposed by the Sun God Himself.
The downside being, the fattest pig in the biggest suit will assert that everybody knows I basically owned it all, so during this period of blackout, I will continue to own it all.
The benefit of CBDC is that a sufficiently-sized EMP would wipe out everyone's debts along with everyone's wealth. It's like a Year of Jubilee forcefully imposed by the Sun God Himself.
The downside being, the fattest pig in the biggest suit will assert that everybody knows I basically owned it all, so during this period of blackout, I will continue to own it all.