$SKY
Fading QuicklySnapshot Window: 2026-07-07 21:30 UTC · ← Back to Crypto Overview
Social Momentum Summary
Total Engagement - Comments: 15, Retweets: 0, Likes: 26, Impressions: 707
Verbatim Community Citations & Social Evidence 1 source posts analyzed
"Central bank digital currencies is where it gets scary because it's programmable. It's also trackable." [Spoken audio]: So what people don't realize is there's over 100 countries that are developing their own central bank digital currency and that's built on blockchain, that's cryptocurrency. So in the next two years, I'm pretty sure most of Europe, Asia, the UK, they're in their pilot phase right now. So we're going to move from a fiat system to this new monetary system that's going to be using cryptocurrency and blockchain technology. Now talking about that, do you think they are trying to push that narrative as well because they want to try and have more control in terms of the way money is spent? They can track it, it's traceable and it's like, it could almost punish you for doing certain things. 100%. Yes. So central bank digital currency is where it gets scary because it's programmable. It's also trackable. So every transaction that anyone makes, they can see. And it can get really, really scary, depending on how far governments want to go and central banks want to go. It can become a situation where they can actually block you from spending money, or they can cap you on how much money you spend on petrol, for example, or it can stop you from travelling abroad, all of that kind of stuff. That's how scary scary it could get. Yeah, they have the capability, not saying that they are going to do that, but the capability is there. Thank you. Thank you.
