3min chapter

The "What is Money?" Show cover image

Why Freedom Matters with Neil Oliver (WiM237)

The "What is Money?" Show

CHAPTER

Central Bank Digital Currency

Around the world, 100 countries are developing central bank digital currencies. Government has already tasked Bank of England with creation of a Brit coin. Once cash is programmable in that way, government can cut off supply to an individual for whatever reason. "We are sleepwalking towards a situation in which every transaction that we make is tracked and known about by the state in real time"

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