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With the Help of CBDCs the Governments Could Determine Even What We Are Eating

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by COINS NEWS 123 Views

According to IMF Central Bank Digital Currencies would offer the opportunity for governments to monitor every single transaction of the citizen's hard earned money.

IMF deputy chief executive added that with CBDCs governments can target exactly what people need:

Source: https://www.youtube.com/watch?v=2I9HR7BTmn0

However, her COMMENTS Quickly DREW BACKLASH from experts and well... from everyone else.

For example, Cato Institute political analyst Nick Anthony said on Twitter that he doesn't understand how could the american people want this to happen.

Federal Reserve Chairman Jerome Powell claimed last month that CBDC will not be anonymous, meaning that data about CBDC transactions will be public.

Furthermore critics worry that CBDCs increase government control over money, which can be used as a tool for financial discrimination.

submitted by /u/nevertoolate02
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