The Sinister Threat of Digital Dollars
Politicology
The Implications of Central Bank Digital Currencies
This chapter explores the emergence of Central Bank Digital Currencies (CBDCs) and their distinctions from traditional digital payment options. It discusses the potential impact on privacy, government oversight, and the relationship between citizens and the state, highlighting the shift towards real-time spending tracking. Additionally, the chapter examines the broader implications of CBDCs for financial inclusion and the associated risks of increased surveillance.
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