SUCCESS: According to Bank of Canada's own website, their public survey respondents were LARGELY OPPOSED TO THE CBDC (central bank digital currency). Citizens "overwhelmingly valued the privacy and anonymity" "Bank should not collect or have access to Canadians’ personal and spending information." - The Great Awakening

SUCCESS: According to Bank of Canada's own website, their public survey respondents were LARGELY OPPOSED TO THE CBDC (central bank digital currency). Citizens "overwhelmingly valued the privacy and anonymity" "Bank should not collect or have access to Canadians’ personal and spending information." (www.bankofcanada.ca)

posted 347 days ago by Francewhoa 347 days ago by Francewhoa +94 / -0

A Digital Canadian Dollar: What we heard 2020–23 and what comes next

This report summarizes the feedback the Bank of Canada has received to date about a potential digital Canadian dollar.

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– HatePickingUserNames 1 point 346 days ago +1 / -0

At least they are honest about it. The digital currency is only designed to displace cash and eliminate the cash economy which for now is still the only way to avoid paying sales tax and income tax. Both taxes are then weaponised against the people that pay them. That the digital currency can track all expenditures is a bonus.

Also, the survey wasn't really as survey. It seemed to be designed to be a PR campaign for the digital currency disguised as a survey. Given that bias, I'm a little surprised they admitted people were against it.

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