You are about to action:

Object being modified by the action

Do you want to proceed?

Share Video Link

https://www.bitchute.com/video/nKkggDvY8krS/

Click to copy, then share by pasting into your messages, comments, social media posts and websites.

Embed Video HTML

Click to copy, then add into your webpages so users can view and engage with this video from your site.

Share to Social Media

Share to social media by clicking on the quick share links.

Report Content

Reason

Please select the most appropriate reason from the list provided.

Note: For a more detailed description of each reason, see our Community Guidelines.

Additional Comments

Please add any additonal comments that will help with the assessment of your request.

Note: Copyright claims must contain all the items specified within the Copyright Policy.

Email Submissions

We also accept reports via email. Please see the Guidelines Enforcement Process for instructions on how to make a request via email.

Thank you for submitting your report

We will investigate and take the appropriate action.

Add to Playlist

Are CBDC (Central Banks Digital Curriencies) a threat To Bitcoin?

Next video playing soon

Click to cancel

Autoplay has been paused

Click to watch next video

First published at 09:33 UTC on April 15th, 2021.

CENSORED VOICES

Censored Voices

subscribers

Your platform for uncensored ideas. BitChute Premium.

BitChute Advertisement

In this video, I discuss CBDCs (central bank digital currencies), and whether they constitute a threat to Bitcoin.

Under a CBDC regime, every citizen would have a cryptocurrency wallet that is controlled directly by the central bank, thus bypassing…

In this video, I discuss CBDCs (central bank digital currencies), and whether they constitute a threat to Bitcoin.

Under a CBDC regime, every citizen would have a cryptocurrency wallet that is controlled directly by the central bank, thus bypassing the traditional commercial banking system.

This would allow for very targeted stimulus checks to individuals, but would have the very real problem of giving policy makers and central planners too much control over both the economy and individuals.

If the government/central bank does not like your politics or what you are spending your money on, they could turn off your wallet. In a world without checking accounts and physical cash, this could destroy your life.

In a world of CBDCs, it might make sense to own some Bitcoin, which is permission-less, borderless, and censorship-resistant.

https://www.youtube.com/watch?v=HhsSKpr9-KQ

LESS