Pros and Cons of the CENTRAL BANK DIGITAL CURRENCY. Will it lead to a SOCIAL CREDIT SYSTEM?

1 year ago
20
cbdc central bank digital currency bank of canada digital loonie Justin Trudeau social credit system digital yuen China CCP IMF Christine Legarde

80% of the world's governments are working overtime to ban paper money and install their Central Bank Digital Currency. This impetus cites convenience and security as major benefits behind the digital dollar. China has shown that CBDCs and the Social Credit System march in lockstep towards the most profound measure of control over their population.

Are CBDCs the gateway to the long time fabled dystopia? Or will it usher in a new age of financial freedom?

Bank of Canada CBDC survey: https://mobilesyrup.com/2023/05/08/ba...

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Intro: 0:00-0:22
Pros: 0:23-1:37
Cons: 1:38-2:41
In God We Trust: 1:39-3:23
De-Banked: 3:34-5:07
Christine Legarde: 5:08-6:16
China's Social Credit System: 6:17-7:02
Trudeau admires China's dictatorship: 7:03-7:42
Outro: 7:43-7:57

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