CBDCs Are Central Bank Digital Currency

In the UK directly with the Bank of England, you have a personal bank account and you're given digital money in that bank account. These are called central banking digital currencies. The Chancellor of the Exchequer in the UK has already announced their intention to do this as the G7 group. It means having an almost perfect record of every single transaction that happens in the economy which will give us far greater clarity over what's going on. But it also raises huge dangers in terms of the balance of power between states and citizens. We're going to need a digital constitution of human rights if we're going to have digital money.