Our Dystopian CBDC Future. Part 2

    Those looking forward to the emergence of central bank digital currencies in developed countries may be up for a very nasty surprise. The long-awaited CBDCs are likely to become one of the worst tools of mass surveillance. China is not joking around: the digital yuan, issued exclusively by the People’s Bank of China, is meant…

    Our Dystopian CBDC Future. Part 1

    Those looking forward to the emergence of central bank digital currencies in developed countries may be up for a very nasty surprise. The long-awaited CBDCs are likely to become one of the worst tools of mass surveillance. Have you noticed how the development of central bank digital currencies happens really slowly? Typically, we attribute it…