Will the World Soon Be Ready for Central Bank Digital Currencies? The IMF Seems to Think So
(www.nakedcapitalism.com)
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What about when the electricity goes out and/or the internet goes down? Seems like hubris to me. They've shot their wad on the pandemic and can't afford another global scheme.
the electricty going out and the internet down will be their excuse for why we need CBDCs because the blockchain is forever, beyond databases subject to cyber attack, etc.
Bullshit. If it exists only as 1s and 0s, it can be hacked.