CBDCs now there's an interesting conversation especially with all the greedy for profit investing digital cyberpunk enthusiasts and new world order conspiracy theorists.
It's an amusing conversation but also one with serious real world implications as well.
Problems I foresee, let's assume for a second they're successful in transforming everything into a digital electronic blockchain, what's the point of it all? The conspiracy theorists would say to have absolute control over everything and everyone utilizing this electronic digital currency under a modern digital electronic totalitarian surveillance state. They're not wrong, of course that's exactly what it would be used for.
What I find more interesting is this, it won't get rid of preexisting debts, deficits, or monetary and financial structural problems, they in essence would be trading a paper fiat currency for a digital electronic ledger but where all the same preexisting financial structural problems would still exist from one exchange to the other in transfer.
Of course, a radical conspiracy theorist might suggest that since they already own all the banks, government state regulatory committees, and businesses through a digital electronic system they might just delete all the debts that they essentially owe to themselves anyways where that is the very essence of the financial Great Reset, the masses will still owe because let's face it they view everybody beneath them as debt or tax slaves anyways, they would only delete the debt owed to themselves concerning corporate and government entities where digital electronic blockchain would help facilitate that. Now that's an interesting conspiracy theory I can see happening, the conspiracy of the very rich or wealthy plotting against everybody else. A conspiracy as old as time itself since the very beginning of human civilization of the powerful plotting against their unfortunate powerless neighbors.
Still, I think it is too late for their pie in the sky notions, here we are at the grand finale before all western financial economic systems are about to go bust where none of these digital electronic blockchains have been implemented to any significant degree. It's all very interesting and cute but I don't foresee it going anywhere, the time has run out for everybody involved. Implement a digital electronic blockchain at a time when all financial economic systems are on the verge of total systemic collapse? Why even bother at that point?
Sounds pretty absurd to me, but then again, maybe they really are that mentally deranged. Hard to say what will come from these digital blockchain ideas of theirs, it's amusing to contemplate about nonetheless.