Difference between revisions of "CBDC"

From Bitcoin Wiki
Jump to: navigation, search
(CBDC)
 
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, 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.