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The Inevitability of Digitalization and the Implications for Money and Boundaries
The virtual world represents the ultimate globalization, where the digitalization of everything, including money, is inevitable. The increasing digitalization makes it likely that tomorrow will be more digital than today, leading to the dominance of everything going digital, including money. The battle between states and the virtual world intensifies as the former seek to force the use of CBDC and maintain their control, while individuals may increasingly retreat into digital realms, blurring the boundaries between the physical and digital worlds.