CBDC: Difference between revisions
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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, etc. It can potentially lead to [[ubiquitous law enforcement]] and facilitate social credit systems. | ||
Revision as of 11:46, 22 November 2022
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.