Danger of CBDC's Central Bank Digital Currencies #shorts
Magid Nawaz is a British political and social coemmentator. A former jihadist, Magid made his name taking on the extremist elements within the Islamic faith. Today he is a highly respected political commentator and in this excerpt, he discusses the important role of the coming central bank digital currencies and how Bitcoin can be the antidote.
He explains how these CBDC's as they are known will be one of the greatest infringements on personal autonomy and privacy. Giving the government the ability to track, trace and shut down people they deem a problem with the pressing of a button. His succinct explanation should have people worried and alert to this oncoming massive problem for humanity.
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All clips used for fair use commentary, criticism, and educational purposes. See Hosseinzadeh v. Klein, 276 F.Supp.3d 34 (S.D.N.Y. 2017); Equals Three, LLC v. Jukin Media, Inc., 139 F. Supp. 3d 1094 (C.D. Cal. 2015).
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