Bitcoin is the only alternative to a CBDC

Bitcoin is the only alternative to a CBDC
The famous Canadian psychologist and political commentator Jordan Peterson believes that Bitcoin is the only "viable" currency alternative in a future world that is dominated by the digital central bank currency (CBDC).
The intellectual recently spoke to the technology expert and entrepreneur Brian Roemmele about artificial intelligence and other new technologies and emphasized how Bitcoin can serve to protect the world from its tyrannical excesses.
Use of Bitcoin for communication
in a (n Interview Roemmele said that blockchain-especially Bitcoin-due to the" way as it was made "into a popular payment system.
Peterson added that Bitcoin was the "only alternative that I can imagine, to a centralized bank digital currency", of which he predicted that it would be "imposed on us".
"Bitcoin is actually decentralized," said Peterson. "It is not accessible to bureaucratic control."
While the psychologist found that Bitcoin could generally be used for "asset storage" and as "currency", Roemmele added that it could also be used for "communication".
"Within a blockchain, an almost unlimited amount of data is encrypted," he said. "You can actually remember information that should be decentralized and never disappear."
In contrast to conventional bank transfers, Bitcoin transactions that have been registered for more than an hour on the public blockchain are practically irreversible and are logged over tens of thousands of Bitcoin nodes around the world. This function of Bitcoin has recently become popular for the memory of NFTS Protocol Saves the image data directly in the public blockchain.
Peterson's blockchain idea
Peterson noted that he was interested in using Bitcoin as a form of "permanent, incorruptible information storage" in order to develop a "blockchain corpus of general knowledge" for the implementation of IQ tests and prevent people from "manipulating the measurement of general cognitive skills". . ”
"You could derive random samples of general ability tests that would be 100 % robust, reliable and valid, and nobody could manipulate it," he said. "Exactly the way Bitcoins prevent the manufacturers of Fiat currencies from inflating the currency."
Peterson previously praised Bitcoin to combat tyrannical control, which has been exercised in the past by CBDCs. It is also considered It served as inflation protection and bought some of them in November 2021 as inflation protection-although the asset has not developed since then.
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