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CBDCs and Blockchain Identities

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First published at 23:48 UTC on July 25th, 2023.

#crypto
#cbdcs
#blockchain

Crypto & Things with Scott Cunningham

scottcbusiness

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Join me as I delve into the potential future of financial transactions, where Central Bank Digital Currencies (CBDCs), automated taxation, and Blockchain-based identities become the norm. Picture a world where signing up for a stock exchange require…

However, this convenience might come at a significant cost: the complete loss of anonymity. As cash becomes increasingly obsolete with the rise of CBDCs, every transaction, every move we make, could become subject to full KYC (Know Your Customer) procedures. Tune in as I unpack this fascinating yet potentially concerning vision of our financial future.

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