US Lawmakers Want to Avoid Chinese-Like Surveillance with Digital Dollar(decrypt.co)
decrypt.co
US Lawmakers Want to Avoid Chinese-Like Surveillance with Digital Dollar
https://decrypt.co/77004/us-lawmakers-avoid-chinese-like-surveillance-digital-dollar
Centralising dollars under a central bank digital currency can only be a tool of surveillance. It's unavoidable. A centralised platform where the police will need to have legal backdoor access will give you access to everyone's financial data in a central location and show spending habits like never existed before