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ck | 7 days ago (raw) | export | reply | flag +5 
 Solid read on the current state of CBDCs. 

https://www.cato.org/testimony/state-based-approaches-countering-central-bank-digital-currency
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Freedom Tech | 7 days ago (raw) | root | parent | reply | flag +1 
 ### Just Assume the Following About CBDCs

1. CBDCs will give authoritarian governments the power to micro-control citizen behavior, eroding financial privacy and autonomy.

2. CBDCs will be designed to track and monitor transactions, allowing governments to monitor citizens’ financial activities.

3. CBDCs will be used to restrict access to funds, freeze accounts, or impose blacklists, giving governments unprecedented control over citizens’ financial lives.

4. Lack of anonymity: Unlike cash, CBDCs do not provide the same level of privacy, making it easier for governments to identify and track individuals.

5. Dependence on government: CBDCs are issued and controlled by central banks, which wilk lead to a loss of financial independence and autonomy for citizens.

- Governments should not implement their CBDC plans, designs, and implementation.

- CBDCs should not exist ... ever.

- Citizens should have access to alternative forms of money, such as cash, to maintain financial autonomy.