𝗦𝗵𝗼𝘂𝗹𝗱 𝗬𝗼𝘂 𝗪𝗼𝗿𝗿𝘆 𝗔𝗯𝗼𝘂𝘁 #𝗖𝗕𝗗𝗖𝘀?
A battle is being fought over the future of money, a tool crucial to civilization and human flourishing. Discover the unfolding story of the opposing forces of #freedom and #totalcontrol in our latest blog post.
𝗪𝗵𝗮𝘁 𝗶𝘀 𝗠𝗼𝗻𝗲𝘆?
#Money is more than just a trading tool; it's a language of value, allowing us to express our economic choices, desires, and preferences. #Cash, being a private bearer asset, is often referred to as printed freedom.
𝗧𝗵𝗲 𝗪𝗮𝗿 𝗼𝗻 𝗖𝗮𝘀𝗵
Governments & financial institutions are pushing towards a #cashless society to consolidate control over the monetary system. This agenda has been accelerated by the COVID-19 response, with more and more retailers refusing cash.
𝗗𝗲𝗰𝗹𝗶𝗻𝗲 𝗼𝗳 𝗔𝗧𝗠𝘀 & 𝗖𝗮𝘀𝗵 𝗣𝗮𝘆𝗺𝗲𝗻𝘁𝘀
The number of ATMs is dwindling, and limits are placed on withdrawals. The #EU has banned cash payments above 10,000 EUR. Many countries are removing higher denomination bills, weakening individual financial autonomy.
𝗖𝗲𝗻𝘁𝗿𝗮𝗹 𝗕𝗮𝗻𝗸 𝗗𝗶𝗴𝗶𝘁𝗮𝗹 𝗖𝘂𝗿𝗿𝗲𝗻𝗰𝗶𝗲𝘀
Over 130 central banks are exploring CBDCs to "modernize payment systems & combat illicit activity". However, this digital fiat money will be fully programmable, allowing authorities to dictate your transactions.
Are you curious about the implications of a Central Bank Digital Currency based cashless society for individual freedoms and the future of civilization?
Explore the full article here:
https://insights.bitcoinreserve.com/should-you-worry-about-central-bank-digital-currencies