Re:IMF says central bank digital currencies can replace cash
by SturgeonsLaw on Monday November 20, 2023 @03:21AM
(#38344576)
These same mindsets are shared by those who seek to put the internet under centralised control. Technocrats are digital autocrats. I don't like the idea of an unelected, unaccountable organisation having the ability to switch off people's money. It would be an extreme amount of power in today's economy, let alone a cashless society.
Canada has shown us that governments are willing to put the financial clamps on people due to political disagreements.
93% of reserve banks are investigating CBDCs. Anyone remember the conspiracy theory about a one world currency, and the financial stranglehold that would entail?
Canada has shown us that governments are willing to put the financial clamps on people due to political disagreements.
93% of reserve banks are investigating CBDCs. Anyone remember the conspiracy theory about a one world currency, and the financial stranglehold that would entail?