A Look at the Post-COVID World with Nick Hudson (WiM301)
The "What is Money?" Show
00:00
The Dangers of Central Bank Digital Currencies
"What's dangerous is not so much digital currencies or even necessarily central bank digital currencies," he says. "We've seen that the social contract has been destroyed and needs to be reestablished in one way or another" The Bank of England is committed to this trajectory, as are many other banks around the world; they're called CBDCs. He thinks initially it will be presented in a very innocuous form: It will be the thin edge of a wedge.
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