4min chapter

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135 - Crypto Wars 2.0 with Zooko

Bankless

CHAPTER

CBDC

A lot of elements of a lot of different governments around the world are gradually coming to terms with the new technology being a real thing and being important in it. I don't think that's a good strategy for America. The Chinese Communist Party has got exactly this model in the digital one, which is that users have privacy and autonomy from one another but all of the users are simultaneously subject to the control of the Chinese Communist Party. It's distressing to imagine that US society and US government emulate anything like that. We're not going to out CCP the CCP. But our comparative advantages as America as a society and a nation is freedom and decentralization. That's what makes American government different from

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