The end of cash is not a debate, it is a fact. In some countries, the use of cash is already reduced to 5% of the total transaction volume. However, this is only one layer of the problem, since we are replacing physical money with a virtual one that is still managed by the same ones: THE BANKS. The problem is when technology allows central banks, dependent on states and sole holders of the management of paper money, to create their own centralized digital currencies and under their control, CBDCs. What can happen?
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16 сен 2024