We need to be getting rid of the Central Banking system, not giving them more power. The whole point of Bitcoin and blockchain technology was to decentralize economics, not further concentrate it into the hands of a decreasing few. Unfortunately, even #BTC isn't private enough. {Excerpt} "“I think a CBDC is very dangerous, because it would enable a #centralbank or #government to #monitor, #control, and #record every #exchange made with the #currency. If, for example, a government decided it did not want citizens buying, say, firearms, or perhaps donating funds to a political candidate, the central bank could prevent the #transaction. Alternatively, it could have a permanent record of a citizen’s purchases and use these to establish a #socialcreditscore for the person,” Steele said. “In this way, a #CBDC could become the ultimate tool of #socialengineering and #tyranny. A true #cryptocurrency keeps transactions #anonymous, which is one of its great benefits. Governments tend to dislike tools that give citizens such #privacy,” he added." https://www.zerohedge.com/political/post-ftx-regulatory-crackdown-will-erode-liberties-accelerate-path-cbdc-social #SoMee #ftx #regulation #freedom