CBDC's and its implications (Central Bank Digital Currencies)

By elsvcrypto | informativecryptoblog | 28 May 2022


 It seems as though people have stopped hoping for things to go back to how they were two years ago. It's like everyone knows that it wont be the same. Some people are choosing to wear masks regardless if they have a cold or not, some places still require you to be vaccinated or have a special pass in order to gain access to "special privileges" such as eating at a restaurant indoors or going to a bar. You may not see these restrictions in your city but they are near you whether it be in your neighboring state or your neighboring country, some of these restrictions are still in place.

 That's how it all starts, these institutions and organizations want to control every one. They want to know what you buy and where you buy it, the U.N has actually announced partnership with Mastercard for tracking users' carbon footprint. At first it will obviously be optional, they'll tweak some things , upgrade it and eventually the CBDC will be rolled out. Once they have control of your money they will have control of you. The best way to protect yourself is not to rely on these institutions or organizations. You can do that with crypto.

 Keep a digital wallet and pay with crypto whenever possible. If you frequent a certain business in your area, ask if you can pay with crypto. You would not only be accelerating crypto adoption you would also be contributing your grain of sand in order to build a better future for the following generations.

 

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elsvcrypto
elsvcrypto

Im a cryptocurrency enthusiast that wants to help others navigate through the fast-expanding crypto space.


informativecryptoblog
informativecryptoblog

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