Yeah, it's practically copypasta: a laundry list of made up situations from the fear profile of a particular group.
However, in the past couple of weeks we've seen the seizure or devaluation of hundreds of billions of dollars of Russian assets as the result of the war, and a bunch of people have been put on sanctions lists with basically zero legal review or recourse. I wonder how things would have developed if Russia had a CBDC: what would happen to Western holders of it?
(Note that the oligarchs aren't holding much of their fortune in actual physical folding money cash, that's too inconvenient once you get above the amount that fits in a safe. They've been keeping it in property, businesses, banks, bought politicians, and football clubs)
However, in the past couple of weeks we've seen the seizure or devaluation of hundreds of billions of dollars of Russian assets as the result of the war, and a bunch of people have been put on sanctions lists with basically zero legal review or recourse. I wonder how things would have developed if Russia had a CBDC: what would happen to Western holders of it?
(Note that the oligarchs aren't holding much of their fortune in actual physical folding money cash, that's too inconvenient once you get above the amount that fits in a safe. They've been keeping it in property, businesses, banks, bought politicians, and football clubs)