There Is No Good Version of a Central Bank Digital Currency

Source: Cato Institute
by Norbert Michel

“A fully implemented CBDC gives the government complete control over the money going into and coming out of every person’s account. It’s not difficult to see that this level of government control is incompatible with both economic and political freedom.” (04/23/24)

https://www.cato.org/commentary/there-no-good-version-central-bank-digital-currency