Freedom

<ul class="wp-block-list news-points"> 
 <li><strong>Many criticize the Ripple CTO for his CBDC advocacy, arguing that CBDCs are against individual freedom.</strong></li> 
 <li><strong>David Schwartz claims that he hasn’t forced anyone into believing in CBDCs.</strong></li> 
 <li><strong>The discussion began with the legal challenges the X platform faced in Brazil.</strong></li> 
</ul> 
<p>Ripple CTO David Schwartz faced backlash on X for his support of CBDCs, igniting a debate on free speech and the role of central bank digital currencies.</p> 
<p>CBDC critics argue that these digital currencies go against the concept of freedom. Schwartz countered, asserting that he had not forced anyone to adopt CBDCs and emphasized individual choice.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">If you don't like CBDCs, don't use them. I'm certainly not advocating that anyone be coerced into using them. Options set floors, not ceilings.</p>— David "JoelKatz" Schwartz (@JoelKatz) <a href="https://twitter.com/JoelKatz/status/1826404461524517274?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">August 21, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div>
</figure> 
<p>The discussion initially stemmed from the <a href="https://x.com/GlobalAffairs/status/1824819053061669244" target="_blank" rel="nofollow">controversial news</a> of Brazilian Supreme Federal Court Minister Alexandre de Moraes’s threat against X’s legal representative in Brazil. X’s Global Government Affairs team revealed that the platform is shutting down its operations in Brazil due to Moraes’s threat to arrest the representative if the platform did not …</p>
<p>The post <a href="https://coinedition.com/cbdc-debate-freedom-vs-control-experts-weigh-in/">CBDC Debate: Freedom vs. Control, Experts Weigh In</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.</p>

CBDC Debate: Freedom vs. Control, Experts Weigh In

Coin Edition

Other articles published on Aug 22, 2024

Major Market Makers Move Liquidity Out Of Ethereum (ETH) And Binance Coin (BNB) Portfolios To Bac...

Coinbase Lists New Altcoins

VeChain News: VET Now a Tap Away for EU Users as Oobit Goes Big with iOS Expansion

Trader turns $1K into $750K trading Tron memecoin SunWukong

Bitcoin Eyes Major Market Shift

Top Tap-to-Earn Games to Play in 2024

Join our free newsletter for daily crypto updates!