Geopolitics & Empire

Nick Anthony: We’re One Step from Totalitarianism, CBDCs Close Final Gap

Apr 5, 2025
Guest
Nick Anthony
Nick Anthony, a policy analyst with the Cato Institute and a fellow at the Human Rights Foundation, delves into the chilling implications of Central Bank Digital Currencies (CBDCs) on civil liberties. He warns that CBDCs could lead us dangerously close to totalitarianism, with the potential for unprecedented government control over personal finances. The conversation explores the shift from cash to digital currencies, the risks of surveillance, and the importance of financial privacy. Anthony advocates for awareness and preparedness against this growing threat.
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INSIGHT

CBDCs: An Imminent Threat

  • CBDCs represent a grave threat to financial freedom globally, giving governments immense control.
  • This control extends to political, charitable, religious views, travel, and social organization.
INSIGHT

CBDCs: Not a Technological Leap, but a Control Grab

  • A CBDC isn't a technological breakthrough, but rather an advancement in government control over finances.
  • It creates a digital tether between individuals and the central bank, enabling surveillance and intervention.
ANECDOTE

Canadian Protests: A CBDC Premonition

  • Canadian protesters had their bank accounts frozen by the government using the Emergencies Act.
  • With a CBDC, such actions could be executed instantly without legal process.
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