Central-Bank Digital Currencies Are Coming—Whether Countries Are Ready or Not

“Central-bank digital currency” doesn’t exactly roll off the tongue. But you might want to get used to saying it. These so-called CBDCs, or digital versions of dollars, yuan, euros, yen or any other currency, are coming, say those who study them. And depending on how they are designed and rolled out, their impact on the banking system could be profound.

One hundred and fourteen countries are exploring digital currencies, and their collective economies represent more than 95% of the world’s GDP, according to the Atlantic Council’s Central Bank Digital Currency tracker. Some countries, including China, India, Nigeria and the Bahamas, have already rolled out digital currencies. Others, like Sweden and Japan, are preparing for possible rollouts. The U.S.

Bitcoin is the best perhaps the only experiment to maintain some privacy and financial autonomy that will soon be taken away by CBDCs.

If people accept this, be prepared for a life of serfdom, opt out while you still can btc

gladstein Ok commies

We need to reject CBDCs. Why? Read this.

ANYTHING TO GET IN YOUR WALLET💸 & STAY IN YOUR WALLET 💸 DON'T TRUST ANY BANK👹!!!!! EVERRRRRR!!!!!! 💯💯💯💯

gfy

gladstein Cbdc’s are Orwellian money and should be avoided. Bitcoin is the opt out

Digital currencies are currencies for people without a d*CK! Same as electric cars!

Funny how writes about this like its Not a system of absolute slavery for everyone.. propaganda

CBDCs will be DOA (Dead on Arrival) in America.

another currency is coming out? lets just use pebbles like or grass clippings another digital currency is coming out? does it matter to anyone when it comes to digital currency you if you want to spend it you basically have to pay to use the money?

It sucks & is hugely intrusive

Complete control over you. Reject this.

Buy bitcoin, central bank digital currencies are a joke and won’t be around for a long time!

Hackable

Exciting! Wish they were backed by the full faith and credit of the United States though.

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