Simply Bitcoin Is the Digital Euro a Trap? | The Dark Truth Behind CBDCs | Beyond Bitcoin
Sep 28, 2025
The digital euro claims to enhance convenience, but it may actually be a tool for control. The discussion reveals how CBDCs can lead to social credit systems akin to those in China. Experts warn of dependency creating soft censorship on citizens’ transactions. Programmable wallets could limit purchases and enforce spending restrictions. Public resistance is strong, yet plans continue. The need for self-custody and alternatives like Bitcoin is emphasized to protect financial freedom.
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Dependency Is The Hidden Power
- CBDCs create dependency by making people rely on a system for basic life functions.
- Dependency grants control without physical force by letting authorities flip transactional switches.
China’s Social Credit Example
- China’s social credit example shows blacklists that block travel and normal services for critics.
- Journalist Liu Hu lost travel rights and financial access after being labeled untrustworthy by authorities.
Payments Become Behavior Controls
- Intertwining social credit with payments gives the state powerful levers over everyday life.
- Transaction controls can force self-censorship without arrests or courts.