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It's All Politics
It's Never Too Late to Begin Protesting against the Proposed Central Bank Digital Currency
submitted 1 year ago by [deleted] from mises.org
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[–]Alphix 3 insightful - 1 fun3 insightful - 0 fun4 insightful - 0 fun4 insightful - 1 fun - 1 year ago (1 child)
The best protest would be stocking up on silver and gold and then start a parallel economy using these.
[–]HibikiBlack 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 0 fun3 insightful - 1 fun - 1 year ago (0 children)
The government would never allow this. It would chase down the activists trying to influence others.
When it comes to the centralized crypto oligarchy, It's possible. As long as the oligarchs possess a significantly bigger amount crypto compared to others, they will be able to manipulate the prices to steal from the common person. The CIA is working on such projects:
https://markets.businessinsider.com/news/currencies/cia-cryptocurrency-projects-in-works-confirming-rumors-director-says-2021-12
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[–]Alphix 3 insightful - 1 fun3 insightful - 0 fun4 insightful - 0 fun4 insightful - 1 fun - (1 child)
[–]HibikiBlack 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 0 fun3 insightful - 1 fun - (0 children)