Nick Anthony's avatar
Nick Anthony
EconWithNick@verified-nostr.com
npub1n2m8...gflr
Research Fellow at the Cato Institute's Center for Monetary and Financial Alternatives and Fellow at the Human Rights Foundation. Covering CBDCs, financial privacy, and cryptocurrency. Opinions are my own.
Nick Anthony's avatar
EconWithNick 1 week ago
If any friends live in the West African Monetary Union, the central bank is looking for CBDC research. The prize money is all yours, but I'll happily help with your research. image
Nick Anthony's avatar
EconWithNick 1 week ago
Interesting... The ECCU stresses that it wanted to run “not just conduct a pilot but to run a live deployment” with “real money” and “real users” in “real time.” But the labels on this timeline call it a pilot again when it came to shutting down the CBDC. image
Nick Anthony's avatar
EconWithNick 2 weeks ago
One of the most egregious pieces of the Bank Secrecy Act is how Congress has defined "financial institution" to include an ever-growing list of pawn shops, car dealerships, and even the postal service. Take this May the Fourth to stop the empire and reclaim your freedom.
Nick Anthony's avatar
EconWithNick 2 weeks ago
Nostr really is a magical thing. One of my apps has a bug so instead of being stranded waiting for an update, I can just open another app and not miss a thing.
Nick Anthony's avatar
EconWithNick 2 weeks ago
The Deutsche Bundesbank says it needs a CBDC because Visa and Mastercard "could be turned off upon instruction" by the US government. Sounds like what they really need is Bitcoin. image
Nick Anthony's avatar
EconWithNick 3 weeks ago
In a room full of law enforcement, I was the only person to raise my hand when former FinCEN director Bill Fox asked if anyone "actually believes" bad people deserve privacy. I said I believe the Constitution applies to every American, and the Fourth Amendment provides the framework for breaking through the right to privacy when an investigation justifies it. Sadly, that seemed to fall on deaf ears.
Nick Anthony's avatar
EconWithNick 0 months ago
Another government entity refuses to tell me what its CBDC plans are. This time, it's the ECB. First, they refused because I'm not a European citizen. Then, when a European citizen asked, they refused because sharing their plans would harm their interests. View article →
Nick Anthony's avatar
EconWithNick 1 month ago
One of the saddest things about this experience is that most people have no idea how much capital gains can take from you until they get hit hard by it.
Nick Anthony's avatar
EconWithNick 1 month ago
Imagine every swipe of your card turning into a tax form. That’s what happens when spending Bitcoin. If you buy a coffee with Bitcoin, the government makes you pay capital gains taxes on top of sales taxes. Spending Bitcoin daily can turn into 70 pages in tax filings. It's time to put an end to this mess.
Nick Anthony's avatar
EconWithNick 1 month ago
What's the big expected result of the Bank of Korea testing its CBDC? Accelerating financial surveillance. image
Nick Anthony's avatar
EconWithNick 1 month ago
Excited to finally attend BTC Prague, and as a speaker no less! image
Nick Anthony's avatar
EconWithNick 1 month ago
Absolutely wild exchange. Rep Himes says, as lead Dem on intelligence oversight, that the NSA isn't surveilling Americans. Someone points out that Congress already confirmed the NSA is actively surveilling Americans. Rep. Himes says he didn't know.