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by starkd 1365 days ago
True to some extent. But digital money brings it to a whole new level. Now they can shut down accounts. CBDC will allow a finer-grained control of all transactions. The ability to monitor every transaction you make.
1 comments

Now they can shut down accounts.

You think your bank can't shut down your account now?

The ability to monitor every transaction you make.

You think your bank and CC company can't do this now?

The only way to avoid being "monitored" is to use cash. And a CBDC won't change this.