CBDC: Difference between revisions

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CBDC (Central Bank Digital Currency) is the final and most insidious form of [[fiat money]], since as programmable money it allows a much higher degree of control, including geofencing, time limits, restrictions on saving, blacklisting, censorship, etc. It can potentially lead to [[ubiquitous law enforcement]] and facilitate social credit systems.
CBDC (Central Bank Digital Currency) is the final and most insidious form of [[fiat money]], since as programmable money it allows a much higher degree of control, including geofencing, time limits, restrictions on saving, blacklisting, censorship, etc. It can potentially lead to [[ubiquitous law enforcement]] and facilitate social credit systems.
== CBDC programs around the world ==
A large number of governments around the world are working on developing a CBDC. 3 have launched. 36 are in the pilot stage and 30 are in development. These are some of the most relevant.
{| class="wikitable"
|+ CBDC
|-
! Country !! Stage !! Tech !! FOSS !! Privacy !! Transparency !! Issuance Limit !! Users (M) !! Name !! Dev. co !! DB leak !! Hacked
|-
| China || Pilot || DLT || NO || Low || Low || NO || 250 || [[E-CNY|e-CNY]] || . || . ||
|-
| Nigeria || Live || Fabric || NO || Low || Low || NO || 12 || [[E-Naira|e-Naira]] || Bitt Inc || . ||
|-
| Jamaica || Live || NZIA || NO || . || . || . || 0.120 || Sand Dollar || NZIA || . ||
|-
| Bahamas || Live || . || . || . || . || . || . || . || . || . ||
|-
| USA || Development || . || . || . || . || . || . || . || . || . ||
|-
| EU || Development || . || . || . || . || . || . || [[Digital euro]] || . || . ||
|-
| India || Pilot || . || . || . || . || . || 5 || [[Digital Rupee]] || . || . ||
|-
| UK || Development || . || . || . || . || . || . || . || . || . ||
|-
| Brazil || Pilot || . || . || . || . || . || . || Drex || . || . ||
|-
| Russia || Pilot || . || . || . || . || . || . || . || . || . ||
|-
| Ukraine || Pilot || Stellar || . || . || . || . || . || . || Bitt Inc || . ||
|}


== External links ==
== External links ==

Latest revision as of 10:21, 2 October 2024

CBDC (Central Bank Digital Currency) is the final and most insidious form of fiat money, since as programmable money it allows a much higher degree of control, including geofencing, time limits, restrictions on saving, blacklisting, censorship, etc. It can potentially lead to ubiquitous law enforcement and facilitate social credit systems.

CBDC programs around the world

A large number of governments around the world are working on developing a CBDC. 3 have launched. 36 are in the pilot stage and 30 are in development. These are some of the most relevant.

CBDC
Country Stage Tech FOSS Privacy Transparency Issuance Limit Users (M) Name Dev. co DB leak Hacked
China Pilot DLT NO Low Low NO 250 e-CNY . .
Nigeria Live Fabric NO Low Low NO 12 e-Naira Bitt Inc .
Jamaica Live NZIA NO . . . 0.120 Sand Dollar NZIA .
Bahamas Live . . . . . . . . .
USA Development . . . . . . . . .
EU Development . . . . . . Digital euro . .
India Pilot . . . . . 5 Digital Rupee . .
UK Development . . . . . . . . .
Brazil Pilot . . . . . . Drex . .
Russia Pilot . . . . . . . . .
Ukraine Pilot Stellar . . . . . . Bitt Inc .

External links

  • CBDCtracker cbdctracker lets you see how CBDC implementation around the world is advancing.
  • HRF HRF CBDCtracker. The Human Rights Foundation is also keeping a critical eye on CBDC progress around the world.