A pretty fair and enlightening synopsis on Carney’s stance wrt CBDCs from Juno News, entitled, "Mark Carney’s “Values”: Central bank digital currencies are the “future of money,” details some of his key excerpts.
Shows the level of awareness Canadians have about the ramifications of electing a central-banker. Many believe he will deftly be able to "manage" the economy to the greater prosperity of the collective.
A few key passages:
“The most likely future of money is a central bank stablecoin, known as a central bank digital currency or CBDC,” he wrote. Carney elaborates that a proper CBDC could fulfil all the roles that private cryptocurrencies and stablecoins aspire to without the regulatory trouble that comes with total anonymity – a central feature of cryptocurrencies.
Aside from Bitcoin, people prefer cash for many reasons besides it's anonymity - an apparently undesirable feature in this brave new world. Look-out if you are someone who carries cash!
“It is simply untenable in democracies that the core of the monetary system could be based on forms of electronic private money whose creators control large blocks of the currency, like Bitcoin,” writes Carney.
Unfortunately for central bankers, Bitcoin's protocol favored the early adopters - a feature, not a bug. Everyone is allowed in, and no one is censored by Bitcoin (which is also not "private" in the way altcoins are.) Bitcoin is money for everyone - that is what central bankers loathe about it! Anyone with a computer in 2009 would have been able to mine it, quite the reverse of the cantillion effect.
That Bitcoin has been increasingly recognized as a digital form of gold, or that it provides financial sovereignty to millions facing devaluation and capital controls, is of no concern to him. The reality of its growth is simply a stepping stone towards a total monetary revolution in the form of centralized digital currencies: CBDCs. (Emphasis mine)
I'll repeat: financial sovereignty to millions facing devaluation and capital controls is not a feature of a so-called "private money," but of Bitcoin!
Additionally, Carney’s antagonism toward Bitcoin is rooted, in part, in his relentless commitment to the climate agenda.
“Transactions are very slow and highly carbon intensive,” he complains. (emphasis mine)
Typical tropes - Bitcoin boils the oceans. See Alex Gladstein's work (#772064) for an exposition on how Bitcoin doesn't waste energy, but actually saves it.
In other words [with CBDCs] the freedom to transact must be reined in, your financial choices confined to state-sanctioned digital wallets where every purchase, every transfer, and every investment is monitored and, if necessary, controlled.
“With fear on the march, people were willing to surrender to Hobbes’ ‘Leviathan’ such basic rights as the freedom to leave their homes. And so it is with money. People will support the delegation to independent central banks of the tough decisions that are necessary to maintain the value of money provided the authorities deliver monetary and financial stability,” writes Carney.
Carney has spent years manoeuvring in elite financial circles, from leading the Bank of Canada and the Bank of England to the United Nations to the upper echelons of the World Economic Forum. He co-chaired a working group on CBDCs with Christine Lagarde. He played a leading role in the Bank of England’s early steps toward digital currency. He helped launch a global central bank initiative with six major central banks on CBDCs in 2020.
Pretty nice track record for Canada's next leader, eh?