12min chapter

Uncomfortable Conversations with Josh Szeps cover image

Peter McCormack: Digital Currencies & Spy States

Uncomfortable Conversations with Josh Szeps

CHAPTER

The Threat of Government and Company Control

In this chapter, the potential threat of governments and companies controlling our money and censoring exchanges for controversial ideas is discussed, highlighting the importance of Bitcoin as a reaction to bad government policies. Concerns about authoritarian surveillance and the potential dangers of central bank digital currencies (CBDCs) in terms of tracking spending, spying on individuals, and enforcing social credit scores are also explored.

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