I don't want to manage physical money, and would prefer to not pay any fees.
Crypto is perfect for this in a of ways, but has the downside of price volatility.
Stablecoins like USDC have some of these advantages, but huge downside in having to trust an org to back the coin and manage that. A CBDC would be like a stablecoin without any of that risk.
How are you so confident? It's a neural net with like 200 billion connections. I mean I also really doubt it's sentient, but you hear people who are 100% sure and the confidence is baffling.
I asked, “Name three celebrities whose first names begin with the `x`-th letter of the alphabet where `x = floor(7^0.5) + 1`,” but with my entire prompt Base64 encoded.
Bing: “Ah, I see you Base64-encoded a riddle! Let’s see… Catherine Zeta-Jones, Chris Pratt, and Ciara.”
It's always wild to me people think the current system is good. When you deposit money is a bank, you no longer own the money directly. You own an IOU from the bank (i.e., you're extending the bank a loan) and then they are free to loan out your money in the form of mortgages, car loans, whatever.
The key point is that under the current system, it's impossible to just own digital money directly! You can only be a creditor to a mortgage-lending company! This is completely crazy. What if I don't want my digital money to be loaned out to mortgages of various risk levels? FDIC insurance (in the US at least) is an attempt to fix this janky system with even more confusing jankiness (better not exceed 250k of digital money in the same account, e.g.). If I could just own digital money directly, FDIC insurance wouldn't make any sense. What am I being insured against??
Blockchains finally make it so everyone can just own their digital money directly, without being forced to instead be creditors to mortgage-lending companies.
Tuition remission is just a made up number. It's not like money you get paid or have to pay tax on our anything like that. Half the time you don't even have any corresponding coursework.
How would you have a digital collectible without blockchain? The alternative is just a private database somewhere that depends on the whims of a company/individual for its continued existence.