*Not Bitcoin.
But I remember reading about something that would use some sort of social credit score that would determine how you or if you could do certain things. Particularly that there is some movement to replace us currency. with some kind of newer digital service.
Is that a thing that is happening or being worked on?
No, not as you’ve described it.
However there are many decentralized blockchain/distributed ledger technologies that are up and running that can handle the transaction volume that would be required if they were mass adopted and used as day to day currency, replacing government controlled currencies. Bitcoin can’t handle that kind of transaction volume, but Nano, BCH, XRP, HBAR, etc to name a few would all be capable of being used as currency to replace the US dollar.
Now please downvote me as is tradition.
So you are saying that there is no Cbdc project Redar being planned experimented or tested for us curency? Or anything like that? Which I wrote into the post before you commented.
I just googled project redar cbdc and almost nothing came up. You seem to have some specific concerns about a certain project, I can’t speak to that. I was responding to the more general part of your question about whether an alternative to US dollars is being developed and whether there is some dystopian social credit system involved.