I think its more or a scare monger in reality. Not that it doesn't allow control more than I think the dems (and their ilk) are done for. I think the writings on the wall for them. Also some have said that FedNow payments system allows similar controls but is never spoken about. So when Politicians say 'No CBDC' its hollow cos they have FedNow to do something v similar.
"I care not what puppet is placed upon the throne of England to rule the Empire on which the sun never sets. The man who controls Britain's money supply controls the British Empire, and I control the British money supply." Nathan Mayer Rothschild, early 19th century
Yes, that's true. Many people don't fully understand how money works. With the launch of a central bank digital currency (#CBDC), centralized authorities will have complete control and oversight of people's finances. Today, many are convinced by the convenience of using biometrics in the private sector for payments, not realizing that this paves the way for a CBDC dystopia - a world of absolute control, surveillance and subjugation.
Study #bitcoin before you need to! https://video.nostr.build/46b727c411e1fa7b565d7952c6d34aa053e3427fa63cd7c085312dee359c2e53.mp4
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