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RE: Oops! 👷 Did This Dumptruck Tip Over On Our Land? 🛻

in ASEAN HIVE COMMUNITY2 years ago

I am concerned with the rainfall, compaction, vegetation, etc, but supposedly some less rainy weather is on the way, and with the soil a bit drier I'll be able to work the land with hand tools. The fastest and easiest things we'll be able to get growing on the hillside is cassava and local wild plants, but it will definitely need long roots to stay in place, so we aim to get some trees planted on that slope once some grass and smaller plants are established.

Funny you mention smart contracts in Cambodia, in recent months many famous VIPs have been talking about crypto, making the public aware, and then all of a sudden the Prime Minister's niece introduces Cambodia's native crypto token, Bakong I think it is called. Crypto is technically not a legal form of payment for goods transaction here, but Bakong has been designated as the legal crypto, highly centralized of course.

I still can't the get sights out of my mind from the Cambodian hospital trip. Last time I was in one was 6+ years ago, wandering around in medical waste and floodwater up to my belly to identify the dead body of an Irish co-worker who fell into the river drunk and drowned.

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This is the first time I'm hearing about Bakong, but I can almost see it happening: the prime minister's niece - charming, very smart, but most of all young (representing the most recent generation of the electorate) introduces a brand new concept: something kinda like Bitcoin, but in the national colors. Oh, wow! And no, unlike El Salvador or the Central African Republic, this one would be "entirely ours". The few silver-haired skeptics are convinced quickly, and a wave of gratitude and excitement rushes through the country, swelling the national pride, and ensuring an (almost) unanimous adoption of this CBDC.

Sorry, I got carried away a bit. But knowing how easily manipulable the broad masses are, I can imagine how something like this would play out. And that would be okay, until they start limiting access to other cryptos. But by then - I hope - there will be new ways to circumvent this restriction. We'll see.

With the dirt I really hope the native plants will do a good job holding it in place. And as for hospital horror stories... 😳 😖 😟 😭 🤢

 2 years ago  

Well, the only thing that's radically new is the blockchain part. Otherwise there are lots of fintech apps that let you transfer money, store and keep track of your funds if you don't have a bank account. But yes, CBDCs are coming, we knew it. Interesting how Cambodia is among the first.