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RE: ADSactly Crypto: What Is A Central Bank Digital Currency
I have read in recent months how some central banks in some countries have reviewed the feasibility of using this type of currency. From what they say, there are more advantages than disadvantages. The government of my country has made an invention called Petro that has not worked so far. Let us hope that these coins do not serve to accumulate more power and to "launder" money. Thanks for your post, my friend!
How do you get petros? Are they available at banks? Do people get paid in Petros? how does it work? Unfortunately, I think that CBDCs will become more of surveillance money and programmable to force people into doing certain things. While it may cut down on cost and make it cheaper to use, it comes with a lot of power that can be abused and I don't trust governments and banks not to abuse it