Not only does this CBDC model raise “single point of failure” issues, leaving Americans’ financial information vulnerable to attack, but it could be used as a surveillance tool that Americans should never be forced to tolerate from their own government.
Not only does this CBDC model raise “single point of failure” issues, leaving Americans’ financial information vulnerable to attack, but it could be used as a surveillance tool that Americans should never be forced to tolerate from their own government.
https://twitter.com/RepTomEmmer/status/1481285621754781707
China's authoritarian rise at least serves the purpose of showing governments what not to do.
My fear though is that this congress person represents a minority pov.
Rep Emmer Introduces Bill To Restrict Fed Issuance Of Money To Individuals
https://www.zerohedge.com/personal-finance/rep-emmer-introduces-bill-restrict-fed-issuance-money-individuals