2min chapter

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Digital Currency or Digital Control?: Decoding CBDC and the Future of Money

Cato Daily Podcast

CHAPTER

Concerns about Increased Surveillance and Legislation in CBDC Implementation

Exploring the drawbacks of Central Bank Digital Currencies (CBDCs) by discussing concerns over increased surveillance and the historical trend of expanding financial monitoring through legislation, prompting skepticism about privacy assurances and warning against granting governments excessive access to people's financial transactions.

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