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RE: What A Difference A Year Makes In The Life Of Cryptocurrency

in LeoFinance • 5 years ago

The state already knows most everything we buy since most purchases around the world are digital in some form.

Plus with crypto, they are already developing tracking devices.

The biggest thing that scares me about CBDC is that it is too easy for them to go negative with interest rates.

It is one thing to know the transactions, it is even worse if they can take 2% a year from your account.

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5 years ago in LeoFinance by
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     5 years ago  

    The biggest thing that scares me about CBDC is that it is too easy for them to go negative with interest rates.

    This is why liquidity needs to be private. I keep very low cash on my accounts, as money needs to travel. Of course a certain liquidity is needed, but besides this everything is spent and invested, just to avoid another future tax on my earnings.

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