HOW FINANCIAL FREEDOM DIES – CBDC – Central Bank Digital Currency
00:00 – Introduction
01:13 – Money and power
02:52 – Central Bank Digital Currency is coming
04:11 – CBDC in China
06:42 – Introducing CBDCs
11:22 – Programming your money
16:56 – Why China`s rules may be coming here
21:21 – The solution
With the recent crash of the terra ecosytem we saw the luna token drop from the top 10 list of biggest cryptocurrencies in the world by more than 99% within a matter of hours… Luna’s stable coin the ust which was suppose to always be worth 1usd also faced similar faith.
The consequences of this crash, will according to my humble opion, lead to more regulation within the cryptocurrency space. Offcourse all in the name of protecting you and me.
I think its time to talk about the future of money, the central bank digital currency It is: Centralized, regulated permissioned, censored, programmable and 100% traceable and trackanble.
Money and power
I believe there are 2 things worth fighting for freedom of speech as well as financial freedom. Since our early youth most of us have been taught that achieving financial freedom will allow us to be truly independent,
For me, Financial freedom means having enough money to do whatever i want. You can quit your job to travel the world full-time, focus on your hobbies, or stay at home and play with my kids —whatever brings you joy. You control your money instead of letting money control you.
Money is only suppose to be a tool human beings can use to positively influence their own destiny. Unfortunately though there’s never been a time in history were we the people have had so little power or control over our own money.
Central banks, government regulations and a controlling financial system means, that most people exist in a system that’s not controlled by them, a system, they have almost no power to change or influence.
A system, that so clearly favour those at the top. But what if this was about to get even worse? And what if you were about to lose the final piece of control you have over your own financial freedom?
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#CBDC #CentralBankDigitalCurrency #cryptocurrency
