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Central Bank Digital Currencies — A SCARY Real Life Black Mirror Episode
Should we be concerned about a US digital dollar?
This week on 51/49, James explains Central Bank Digital Currencies (CBDT), a programmable government backed digital currency that could potentially violate our privacy and restrict our freedoms in exchange for “socially beneficial outcomes”.
0:00 What is a CBDC?
3:25 A Controllable, Traceable, Programmable Digital Currency
7:07 Biden's Executive Order Lays Groundwork for US Digital Dollar
Biden is planning a new digital currency. Here's why you should be very worried by Justin Haskins:
https://thehill.com/opinion/finance/599768-biden-is-planning-a-new-digital-currency-heres-why-you-should-be-very-worried
51/49 with James Li - Commentary on business, politics, and the other things (from an independent perspective)
Follow James on Twitter: https://twitter.com/jamesccli/
Subreddit link: https://www.reddit.com/r/5149withJamesLi/
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