Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

Nobody’s using CBDCs – India’s piloting one anyway

techmonitor.ai

Post reply on HN
Print view View original

161–162 of 162 posts

Re: Nobody’s using CBDCs – India’s piloting one anyway

#161

Post by lottin »

influxmoment wrote: post #159
lottin wrote: post #157

Earlier quoted context omitted.

Classic crypto bro retort. The "technical details" of these systems were neither the topic nor had any relevance to these conversation, and at any rate you haven't got any clue whether I'm ignorant about them.

If you had technical knowledge you would given any reply with some substance but you just derived my response as "mental gymnastics" after baiting me into a discussion And now name calling You just wanted to get out your superficial preconceptions on the topic after wasting my time

I simply pointed out a fact that is never addressed by bitcoin propagandists, which is the fact that bitcoin core developers are also working on implementations of CBDCs.

What sort of "technical knowledge" is required to make such an observation? None. Therefore trying to discredit what I said on the grounds that I lack technical knowledge is ridiculous. Calling the statement of a fact a "superficial preconception" is equally ridiculous.

Re: Nobody’s using CBDCs – India’s piloting one anyway

#162

Post by rvz »

rajup wrote: post #147
rvz wrote: post #132

Earlier quoted context omitted.

This is why [0]. Some board members at the European Central Bank (ECB) are already considering suggesting spending and saving limits on CBDCs including the digital euro and that should tell you where these CBDC pilots are going to go if successful and how very dystopian that would be already. Oh dear. [0] https://reclaimthenet.org/digital-euro-spending-saving-limit...

That’s not what it says. It says there will be transaction amount limits above which transactions would be recorded. Again this information is already available to governments when required.

> That’s not what it says. It says there will be transaction amount limits above which transactions would be recorded.

Yet it also says in the same source about an ECB member; Fabio Panetta, mentioning in the video about introducing savings limits which I said earlier [0]: "What we are discussing is the possibility of introducing limits for individual users,” Panetta said. “For example, we have been discussing many numbers... €3,000."

> Again this information is already available to governments when required.

Of course. They always have been doing it out in the open for other governments to try out having their own CBDCs, which is still clearly dystopian and will press forward on it like it or not.

[0] https://reclaimthenet.org/digital-euro-spending-saving-limit...

Post reply on HN