Comments by "k98killer" (@k98killer) on "🔵 Central Bank Digital Currency Explained" video.

  1. She has certainly gotten quite a lot of it right and was ahead of the curve. But like she said, she doesn't really understand cryptos yet. The goal is to stay ahead of the curve.
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  2.  @MonarchPoolPlaster  yeah, "all debts". You don't owe someone until after a transaction occurs. If you go up to a vender to engage in commerce, no debt yet exists -- the only way they would have to accept cash would be if you bought something on store credit and then later paid back the store credit. Edit: for clarity, this is a distillation of established SCOTUS precedent.
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  3.  @lenemanon6357  beware the obvious and self-evident things, for they are rarely true. See my previous comment.
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  4. I recommend also accepting cryptos like Monero, Dash, and Beam. Cryptos are digital cash in the truest sense of the word: a bearer asset with no counterparty/credit risk. Though they are bearer assets, paper banknotes are not real cash as they are explicit liabilities of the issuers.
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