[motohagiography]

the contrarian optimist case against this dystopia of CBDCs and digital identity is that institutions themselves are too corrupt to adopt them. i met some people involved in a project to turn a government budget into a ledger and the resistance was that it would remove all the discretion from the system, and even technocrats forget that the discretion is its own reward in those places.

their entire plan is predicated on there being no alternative, and these world domination plans make some noise but they do not prevail.