THE DANGEROUS IMPLICATIONS OF CENTRAL BANK DIGITAL CURRENCIES
CBDCs are digital cash. Unlike traditional (physical) cash, which can be transacted anonymously, digital cash is fully programmable. This means that CBDCs enable central banks to have direct insight into the identities of transacting parties and can block or censor any transaction. Central banks argue that they need this power in order to combat money laundering, fraud, … Read moreTHE DANGEROUS IMPLICATIONS OF CENTRAL BANK DIGITAL CURRENCIES