Central Bank Digital Currencies: The Future of Money or Danger to Privacy?
Nov 27, 2023 ·
13m 23s
Since the turn of the century, the term "cashless society" has been thrown around quite a lot. With the continued use of credit, debit cards and the advent of cryptocurrencies;...
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Since the turn of the century, the term "cashless society" has been thrown around quite a lot. With the continued use of credit, debit cards and the advent of cryptocurrencies; the idea has evolved into a coming reality. The United States is among a number of nations exploring a Central Bank Digital Currency while the BRICS nations are looking to supplant the dollar. While some tout CBDCs as the future of money, there is a darker side to them: full governmental control and a gross invasion of one's privacy are only two of the dangers of, what may seem to some as, a more convenient way to exchange money.
Swiss America CEO Dean Heskin and Chris Agelastos examine CDBCs, the consequences and how they factor into the Secret War on Cash.
Thank you for listening.
Call for your FREE copy of The Secret War on Cash newsletter: (800) 289-2646 or
Visit our website for more information: https://www.swissamerica.com
Call for your FREE copy of How the Coming Global Crash Will Create a Historic Gold Rush: (480) 548-2975
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Articles referred to in this program:
IMF says central bank digital currencies can replace cash (cnbc.com)
BRICS: 3 Reasons De-Dollarization Will Fast-Track in 2024 (watcher.guru)
show less
Swiss America CEO Dean Heskin and Chris Agelastos examine CDBCs, the consequences and how they factor into the Secret War on Cash.
Thank you for listening.
Call for your FREE copy of The Secret War on Cash newsletter: (800) 289-2646 or
Visit our website for more information: https://www.swissamerica.com
Call for your FREE copy of How the Coming Global Crash Will Create a Historic Gold Rush: (480) 548-2975
Follow us on Facebook: https://www.facebook.com/swissamerica/
Follow us on X (Twitter): @Swiss_America
Follow us on LinkedIn: https://www.linkedin.com/company/1023049
Articles referred to in this program:
IMF says central bank digital currencies can replace cash (cnbc.com)
BRICS: 3 Reasons De-Dollarization Will Fast-Track in 2024 (watcher.guru)
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