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Dangers of Digital Currency!

Dangers of Digital Currency!

Digital Currency is a vital tool in the authoritarian playbook.

With Digital Currency, the Government

  • Can (and would) monitor our bank accounts
  • Monitor all of our transactions
  • Impose barriers to purchases of certain ‘unfavoured’ items
  • Even block access to our money or limit how much of it we could spend

Benefits are:

  • Facilitating efficient and low-cost transactions
  • Fostering greater access to the financial system
  • Boosting economic growth
  • Supporting the continued centrality of the the country within the international financial system.

Learn More Here