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PLUTUS 1 point ago +1 / -0

You are very confused and logically deficient, just because Two things happen at the same time does not mean that one entity is behind both of them. The Great Reset and Bitcoin have always been going in different directions. I contributed code to the Bitcoin Open Source Project in the early years and we did not sit around waiting for orders from the WEF.

Not only are you confused but you are way behind the times, there have already been many attempts to introduce CBDC's with a 1:1 Exchange Ratio. All of these Central Bank Digital Currency attempts have been big failures

2021 --- The eNaira is the first central bank digital currency (CBDC) launched in Africa and the world’s seventh implementation of such a currency. The CBDC  is intended to complement the shift away from cash and toward digital payments. In general, CBDCs will be used in conjunction with the physical currency and will always maintain a 1:1 EXCHANGE RATE with the physical currency. https://www.brookings.edu/articles/africa-in-the-news-africa-at-cop26-military-takeover-in-sudan-and-debut-of-nigerias-enaira/

2023 --- Nigeria's attempt to implement a central bank digital currency (CBDC) failed to gain widespread adoption, with less than 0.5% of the population using it.

https://www.linkedin.com/pulse/nigerias-cbdc-failure-lessons-kenya-other-fha4f#:~:text=Nigeria's%20attempt%20to%20implement%20a,developing%20countries%20considering%20CBDC%20adoption.

 38 countries and Hong Kong have CBDC pilot programs; and 68 countries and 2 currency unions are researching CBDCs. Yet, none of these projects have proven worthwhile.

For example, the CBDCs in The Bahamas, China, and Jamaica have struggled to gain adoption. Both the Bank of Jamaica and the Central Bank of The Bahamas have regularly advertised incentive programs to get people to use their CBDCs. These have included CBDC giveaways, discounts, and loyalty points. However, they have had little success. Even after millions of dollars had been given away in China, a former research director from the People’s Bank of China said, “The results are not ideal [and] usage has been low, highly inactive.”

https://www.cato.org/commentary/global-policymakers-are-still-pushing-cbdcs-despite-their-failures

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PLUTUS 1 point ago +1 / -0

Bitcoin and Crypto are the opposite of a CBDC. That is common knowledge now. Anybody who still says that Bitcoin was created to get people to move to a CBDC is either a paid shill, incredibly stupid, or a mindless propaganda bot.

All the entities that have been hard at work to destroy Bitcoin have failed completely. They are trying plan B and that will fail too.

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PLUTUS 3 points ago +3 / -0

What Pathetic Nonsense!

That paper from 1996 is just a summary of what was going on at the time in the development of electronic and digital cash, it does not mention or even hint at, the innovations of bitcoin.

In fact it goes heavily into the problems of double spending and fake tokens. The only way to deal with that at the time was to have a centralized approach.

That is why whenever the digital currencies of the time such as web money, perfect money, and especially EGold started to take off, the government was able to easily come in, raid the location, and shut them down immediately.

With the development of bitcoin, a successful decentralized approach, there was no simple way to shut it down.

This pathetic approach of trying to scare people by pretending bitcoin was planned, developed by, and controlled by the NSA just makes people laugh.

There is so much innovation going on beyond bitcoin such as with Ethereum, Monero, Cardano, and others and in such areas as defi that these pathetic attempts are like a little boy sticking his finger in a hole in a dike to stop a flood just as pressure is about to cause many other holes to pop and a deluge to follow.

It is over, the cat is out of the bag, the deluge won't be stopped.

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