This is everything Satoshi wanted to get away from. And it gets presented right at EthCC. Now instead of paper fiat we get digital fiat shitcoins. Listen to his stance on CBDCs. Basically he implies governments are too incompetent to implement it (true), so he'll kind of do it for them and follow all their rules. Great business model. Sadly nothing to do with decentralization or financial freedom.
Thanks for CFML!
Great interview 👍
This is everything Satoshi wanted to get away from. And it gets presented right at EthCC. Now instead of paper fiat we get digital fiat shitcoins. Listen to his stance on CBDCs. Basically he implies governments are too incompetent to implement it (true), so he'll kind of do it for them and follow all their rules. Great business model. Sadly nothing to do with decentralization or financial freedom.
it was always going to lead to this.