Financial Censorship is Possible According to Wells Fargo, Biden's AI Regulation EO - Grift Report
Positives of CBDCs: They enable faster, cheaper, more secure, and worldwide payments. Benefits include swift clearing times, lower exchange fees, and easier global remittances. They're particularly advantageous for countries heavily reliant on remittances for GDP.
Negatives of CBDCs: CBDCs are programmable, raising concerns about potential tracking, monitoring, and control by authorities. Privacy issues are a key concern, with many officials and Presidential candidates highlighting these as central to the debate around CBDCs.
According to Wells Fargo
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