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BTC097: Central Bank Digital Currencies Vs Bitcoin w/ Sam Callahan (Bitcoin Podcast)
We Study Billionaires - The Investor’s Podcast Network
Central Bank Digital Currency
China has been doing this since 2014, so they're a little ahead of the curve. They think people are worried about private companies and fintech companies having all the data because they can use it for profitable purposes. What I want to focus on is, I think that this will actually be the nail in the coffin for central bank credibility. We know that governments abuse data and have been spying on its citizens for the last 10 years since the Patriot Act. To think that this won't be used nephariously against the people ... is very naive.
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