The Dark Future of Central Bank Digital Control with Joe Gulesserian
Entrepreneur Joseph Gulesserian, author of The Practical MBA on Economics, joins to discuss this dystopian outlook of central bank control.
In this video, we take a look at the potential dystopian nightmare that could be in store for us with the advent of Central Bank Digital Control. The world is rapidly moving towards a cashless society, with digital currencies slowly but surely taking over. While this may seem convenient and secure, it also opens up the possibility of complete control over our monetary actions. The central banks would essentially have the power to monitor and censor every financial transaction we make.
But the danger doesn't end there. There could be severe consequences for those who don't comply with the centralized digital system. With no alternative payment options available, the central banks could exercise their authority and strip us of our purchasing power, rendering us at their mercy. In this alarming scenario, financial freedom and privacy could become a thing of the past.
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