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WEF: CBDCs Programmed to Expire or Restrict Purchases:
5 months ago
166
WEF: Economist Warns CBDCs Could Be Programmed to Expire or Restrict Purchases
At the World Economic Forum, economist Eswar Prasad shed light on both the promise and peril of central bank digital currencies (CBDCs).
He explained that these aren’t just digital versions of cash — they’re programmable. Governments could potentially set expiration dates on funds or restrict what people can buy. While touted as innovations to streamline finance, such tools could also give states unprecedented control over individual spending.
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