Fight CBDCs with everything you have. We already have convenient digital money use via credit and debit. This will not end well and cash and the small privacies it affords will instantly be at risk and that's just the first layer of risk onion...
What are the implications of a cashless society?
The only thing that comes to mind are increased government tracking and no way to buy things should computers / power go down.
frankly, the topic of central bank digital currencies (CBDCs) is certainly controversial. On one hand, there are banks and their passion to hold your money, which could be negatively impacted by the introduction of CBDCs. On the other hand, there are powerful companies lobbying for it.
0
EU could move step closer to digital euro this October, Lagarde says | Spyke
Fight CBDCs with everything you have. We already have convenient digital money use via credit and debit. This will not end well and cash and the small privacies it affords will instantly be at risk and that's just the first layer of risk onion...
TLDR:
oh, TLDR thing increases engagement! ^_^
What are the implications of a cashless society? The only thing that comes to mind are increased government tracking and no way to buy things should computers / power go down.
frankly, the topic of central bank digital currencies (CBDCs) is certainly controversial. On one hand, there are banks and their passion to hold your money, which could be negatively impacted by the introduction of CBDCs. On the other hand, there are powerful companies lobbying for it.