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Bitcoin framed as exit from programmable central bank money

Original: Bitcoin isn't just a price chart. As CBDCs like the digital euro arrive, self-custodied bitcoin is your exit from progra

Commentators are arguing that bitcoin's significance lies beyond its price, positioning self-custodied bitcoin as a way out of programmable state money as central bank digital currencies such as the digital euro move forward. The argument is that CBDCs could allow governments to control how money is spent, while bitcoin held in self-custody resists such controls. Critics have long disputed these claims, but the debate over CBDCs and financial privacy is intensifying.

Why now: Central bank digital currencies like the digital euro are advancing, reigniting debate over financial privacy and alternatives to state-controlled money

BitcoinEuropean Central Bankdigital euroCBDCs

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Evidence

• Bitcoin isn't just a price chart. As CBDCs like the digital euro arrive, self-custodied bitcoin is your exit from programmable state money. https:// hackernoon.com/bitcoin-is-not- just-an-investment-its-an-escape-hatch-from-the-financial-gulag # bitcoin · hackernoon@mas.to · 1

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