The govcoins are going to be the modern day techno-slavery. You would not be able to buy a loaf of bread without Big Brothers.
It is sickening that people say how good of an idea it is. SHAME ON YOU!
Technoserfdom. Neofudalism under the traditional institutions. Slavery is something else quite terrible and not an image that one wishes to conjure. But yeah, bad idea for freedoms.
The lowliest slave could hope to escape to the North and be free, if we talk about US style slavery.
Or have their owner grant them freedom if we talk ancient Greece, Rome, etc...here not only the owner BUT the state has to agree as well.
Big brother controls loaf of bread... With crypto... Got it ... Didn't they control the wheat production and shipping lines before that though?
If all the payments go trough the BB - you cannot pay for anything
Now even if I'm the lowest of the low I can scrape by a few coins and buy myself a loaf.