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Ninety miles from the South Eastern tip of the United States, Liberty has no stead. In order for Liberty to exist and thrive, Tyranny must be identified, recognized, confronted and extinguished.
CBDCs may pose a threat to privacy. The central authority that will be responsible for collecting and distributing identification and transaction data will have access to all monetary transactions. In addition to the threat of central banks disallowing or curbing transactions between citizens, the data could be vulnerable to hacks or misuse, if leaked.There’s the understatement of the century. If CBDC replaces cash, it will be possible to precisely target and control what and how much every individual is permitted to buy or sell. Not only government agencies but major corporations will have this control.