CBDC
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.
External links
- CBDCtracker cbdctracker lets you see how CBDC implementation around the world is advancing.
