SotN #3 GROWING (The Flippening is Back, India Banning China, DEXs going parabolic)
Bankless
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Surveillance and Sovereignty: The Digital Currency Debate
This chapter examines the implications of apps like TikTok as tools for state surveillance, particularly focusing on China's data collection efforts and India's response through app bans. The discussion highlights the risks associated with central bank digital currencies (CBDCs) and the potential loss of individual financial autonomy, contrasting them with decentralized alternatives like cryptocurrencies. The speakers emphasize the importance of preserving privacy and autonomy in financial transactions amidst the growing trend towards digital currencies.
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Transcript
