Oh, and as a practical matter, suppose you do convert all those hard assets to soon to be worthless $US cash and then the usual suspects crash the economy and convert everything to CBDC for pennies on the dollar, and there you are stuck in Reno with a bunch of other losers. Where are you then? Easy decision to make, I think.
Oh, and as a practical matter, suppose you do convert all those hard assets to soon to be worthless $US cash and then the usual suspects crash the economy and convert everything to CBDC for pennies on the dollar, and there you are stuck in Reno with a bunch of other losers. Where are you then? Easy decision to make, I think.
Oh, and as a practical matter, suppose you do convert all those hard assets to soon to be worthless $US cash and then the usual suspects crash the economy and convert everything to CBDC for pennies on the dollar, and there you are stuck in Reno with a bunch of other losers. Where are you then? Easy decision to make, I think.