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RE: The Perfect Storm for The Rise of CBDCs: Will the Yuan Challenge the Dollar's Reserve Currency Status?

This is true. There's a argument that CBDCs will have validation, which means, they can literally program exactly what you are allowed to rebate them for. You could have a million CBDC and be told you cannot buy a bigger house, a nicer car or move to a different neighborhood. You can only pay your rent, buy your food and clothes, and pay your bills. Total control of transaction and class status.

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Exactly. This is what many are missing on these things.