June 25, 2024

The article discusses concerns regarding the potential negative implications of Central Bank Digital Currencies (CBDCs), particularly related to authoritarianism, censorship, and surveillance. It argues that CBDCs could facilitate increased government control over financial transactions and enable censorship of individuals or groups deemed undesirable by authorities. Additionally, the article suggests that CBDCs could enhance surveillance capabilities, allowing governments to monitor citizens’ financial activities more closely.

Editor’s Note: We have been constantly repeating that implementing CBDCs is a danger to freedom. We encourage you to read the article below to understand what we mean [Also read Digital Society: Easy to Takedown and Control].

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