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Central Bank Digital Currency Poses Enormous Risks to Freedom

Cato Podcast

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Introducing a Central Bank Digital Currency

In my ideal scenario, we have uknow quasi anonymous tokens. And certainly there's a technology that is capable of delivering that. But at least so far, fet officials have not been too keen on those kind of initiatives. They don't want to promote that kind of level of financial privacy. Instead, what the fed has offered is an intermediated central bank digital currency.

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