The total surveillance of the Digital World
where are we right now? what's going on? What is the purpose of Executive Order 14067? This order accelerates the transition of the United States to a central bank digital currency (CBDC). This refers to the adoption of digital currencies, or central bank digital currencies (CBDCs), around the world. China has already launched its own digital currency, the digital yuan, which is being tested in several cities including Beijing. The Bahamas also became one of the first countries to roll out a digital currency, the sand dollar, in 2020. The European Central Bank (ECB) is also exploring the possibility of a digital euro and has launched a public consultation on the matter. The U.S.A. has appeared to hurry on this. What are Central Bank Digital Currencies, exactly? Although it is a digital dollar, it is not a new form of money, but a new payment channel. What negative outcomes are likely if we use digital currency? Running out of money is the reason they created the CDBC. THE QUESTION?