Difference between revisions of "CBDC"
Jump to navigation
Jump to search
m |
m |
||
| Line 1: | Line 1: | ||
| − | CBDC (Central Bank Digital Currency) is the final and most insidious form of [[fiat]] money, since as programmable money it allows a much higher degree of control, including geofencing, time limits, restrictions on saving, blacklisting, etc. It can potentially lead to [[ubiquitous law enforcement]] and facilitate social credit systems. | + | CBDC (Central Bank Digital Currency) is the final and most insidious form of [[fiat]] money, since as programmable money it allows a much higher degree of control, including geofencing, time limits, restrictions on saving, blacklisting, censorship, etc. It can potentially lead to [[ubiquitous law enforcement]] and facilitate social credit systems. |
Revision as of 12:47, 24 January 2023
CBDC (Central Bank Digital Currency) is the final and most insidious form of fiat money, since as programmable money it allows a much higher degree of control, including geofencing, time limits, restrictions on saving, blacklisting, censorship, etc. It can potentially lead to ubiquitous law enforcement and facilitate social credit systems.
External links
- CBDCtracker cbdctracker lets you see how CBDC implementation around the world is advancing.
