HI THERE DENIZENS, AND WELCOME BACK!
SO, WHO'S JASPER AI?
Jasper AI is a robotic writer powered by cutting-edge AI technology that can curate content 5x faster than an average human copywriter. Talk about talent!
I ASKED JAPER TO WRITE A POEM EXPRESSING HIS THOUGHTS ABOUT CBDC'S. HERE'S WHAT HE WROTE:
THE DECENTRALIST ISSUE 2 : JASPER AI’S POEM ABOUT CBDC’S
–START–
CBDC’s are here, creeping in our lives,
Taking away freedom right before our eyes.
We can’t own what we once possessed,
Our rights and money now a mess.
They track all that we do,
Decisions made by only a few.
The power of the people is no more,
As our cash gets taken away at the door.
The cameras watch from every corner and wall,
Our movements tracked, no privacy at all.
The algorithms will monitor us for sure,
A dystopian future that we can’t endure.
CBDC’s have come to take control,
The government now paying the toll.
Our right to privacy is no longer free,
As we live in an Orwellian society.
But there’s still hope out on the horizon,
To take control and make a decision.
We can fight back against this new world of fear,
Regain our rights and make them hear.
The days of the CBDC’s may come to pass,
As we take back control at last.
Our rights will once again be righteously restored,
A better future for us all to explore.
By reclaiming our freedom, we can strive on,
To the future of tomorrow we now belong.
Let us all stand together and take back what’s ours,
And make sure CBDC’s won’t rule us anymore.
–END–
Outlook and final thoughts;
Yet again. For the love of God, will somebody please think of the children?!? No, seriously, think of the children. The future depends on it. I’m talking about stablecoins and Bitcoin of course. The CBDC discussion heats up every time the collective mainstream financial press publishes FUD about stablecoins and Bitcoin, and it’s always the same arguments.
They’re all about trust without verifying. About how we can’t possibly trust a digital currency that isn’t backed by a central authority like a government. But that’s missing the point entirely. trust isn’t the issue here. The issue is control and transparency. Who do you want control over your money? myself? The government? A multinational corporation?
I don’t know about you, but I’ll take my chances with a decentralized network of computers run by nobody in particular over any of those options. At least then I know that nobody’s going to be able to print more money out of thin air and use it to buy up all the assets in the world, inflating away my savings in the process.
Frequently Asked Questions.
Well, you would be out of luck. The CBDC would be mandatory for everyone to use.
Nope! The CBDC would replace cash altogether. So say goodbye to your privacy!
Too bad! With a CBDC, the government would have a database of all of our financial transactions. So they would know exactly where your money is going.
Well, you’re out of luck. With a CBDC, the government would have unprecedented control over our finances. They could freeze our accounts or impose negative interest rates if they wanted to. In other words, they could make your life very difficult!
Um, well, they would be very convenient I guess. But other than that, no, not really. In fact, they could potentially be very dangerous!
**Disclaimer**
Cryptocurrencies and ICOs are all the rage these days, with everyone from celebrities to your next door neighbor looking to get in on the action. However, it’s important to remember that investing in cryptocurrencies and ICOs is highly risky and speculative. The prices of these assets can be incredibly volatile, and there’s no guarantee that you’ll make any money by investing in them. In fact, you could easily lose everything that you put into them. So if you’re thinking about investing in cryptocurrencies or ICOs, make sure that you understand the risks involved and only invest what you can afford to lose.