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A Central Bank Digital Currency would mean the end of your financial independence, & America already has plans for one underway. Every cent you think you own would ultimately be controlled by government bureaucrats. You wouldn’t actually own a penny to your name. @RealEJAntoni https://t.co/0egvLDKHyB
"If you don’t think the Fed is pursuing a CBDC, think again. The Fed gave this to my staff during a presentation earlier this Congress. They view a CBDC as one of their KEY DUTIES." via House Rep Tom Emmer This is the thing no one is talking about. https://t.co/JqEa5XeVoU
In his soon-to-be-published book "Against CBDCs", Durham Prof. Kevin Dowd summarizes the history of CBDC trials as "a bunch of abandoned experiments, embarrassing flops and monumental exercises in policymaker hubris." CENTRAL BANK DIGITAL CURRENCIES (CBDCs) = BIG BROTHER'S…
The debate over Central Bank Digital Currencies (CBDCs) intensifies as concerns about financial surveillance and loss of privacy emerge. President Biden supports CBDCs, while former President Trump opposes them. A study shows 67% of Americans have a negative sentiment towards CBDCs, with the number of countries exploring CBDCs rising to 134 from 35 in 2020. Critics like Dr. Mike Yeadon and Durham Prof. Kevin Dowd warn of potential risks and loss of financial independence associated with CBDCs.
