Cointelegraph.com NewsOpinion by: Simon Cain, contributor at Bitcoin Policy UKMost jurisdictions globally are researching, developing or implementing retail central bank digital currencies (CBDCs). If you see these as harmless move-with-the-times digital updates of old-fashioned paper money, look again. CBDCs potentially mean financial serfdom via a monetary panopticon where the authorities closely control every transaction. If you think this sounds paranoid, just consider…
Opinion by: Simon Cain, contributor at Bitcoin Policy UKMost jurisdictions globally are researching, developing or implementing retail central bank digital currencies (CBDCs). If you see these as harmless move-with-the-times digital updates of old-fashioned paper money, look again. CBDCs potentially mean financial serfdom via a monetary panopticon where the authorities closely control every transaction. If you think this sounds paranoid, just consider…
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