In the wrong hands, retail central bank digital currencies can be twisted into a surveillance tool. (1/2)

Sep 16, 2022 · 6:21 PM UTC

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The Administration must embrace the benefits of open, permissionless & private digital assets, rather than place prominence on central bank digital currencies, the benefits of which remain confounding. (2/2)
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Replying to @GOPMajorityWhip
Governments can already subpoena bank transaction records so privacy is already broken. Cash transactions on the other hand more difficult to trace.
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Replying to @GOPMajorityWhip
I don't think any hands would be the right hands when it is a pervasive real-time view into citizens' personal business.
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Replying to @GOPMajorityWhip
Removal of cash does that in any case.
Replying to @GOPMajorityWhip
We demand an investigation on #ETHGATE
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Replying to @GOPMajorityWhip
Agreed do something not all talk
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Replying to @GOPMajorityWhip
Retail facing CBDC cannot be programmable for privacy rights, the govt (left or right) could do unthinkable damage in the name of their "righteous" policies.
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Replying to @GOPMajorityWhip
Hey Tom, are you attending? @Ripple Swell Conference ✅ mobile.twitter.com/bukiki100…
Big News 🚨 @Ripple Swell Event! Updated speaker list featuring: -Jorn Lambert Mastercard, CDO -Derrick Walton Bank of America, Head of GTS Emerging Payments and Innovation -Xiaochen Zhang Amazon Web Services, Global Head– Innovation & GTM #XRP 🚀 ripple.com/events/swell/glob…
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Replying to @GOPMajorityWhip
I love the quote- In the wrong hands- JP Morgan have just been fined for manipulating the metals market for many years, also they have a record of dodgy dealings! Can the American people really trust the JP Morgan people to deliver or be involved in the future of money? The truth
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