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3232CBDC Debate Heats Up: BIS Project Sparks Controversy Among Critics; Lynette Zang Warns of Dangers of CBDCs
https://www.digit.info/cbdc-debate-heats-up-bis-project-sparks-controversy-among-critics-lynette-zang-warns-of-dangers-of-cbdcs/
Sun, 16 Apr 2023 19:30:05 +0000https://www.digit.info/2023/04/16/cbdc-debate-heats-up-bis-project-sparks-controversy-among-critics-lynette-zang-warns-of-dangers-of-cbdcs/Read more]]>During the weekend, discussions about central bank digital currencies, or CBDCs, trended on social media as many people believe the idea will result in increased financial surveillance and a totalitarian monetary system. In a recent interview, Lynette Zang, the chief market analyst at ITM Trading, warned that CBDCs will “take the world into a full […]
]]>Economist Paul Krugman Criticizes Florida Gov. Ron DeSantis’ Opposition to Central Bank Digital Currency
https://www.digit.info/economist-paul-krugman-criticizes-florida-gov-ron-desantis-opposition-to-central-bank-digital-currency/
Sat, 15 Apr 2023 21:30:16 +0000https://www.digit.info/2023/04/15/economist-paul-krugman-criticizes-florida-gov-ron-desantis-opposition-to-central-bank-digital-currency/Read more]]>Economist Paul Krugman questioned why Republican Florida governor Ron DeSantis opposes a central bank digital currency (CBDC) in a recent opinion editorial. Krugman suggested that DeSantis may be motivated by “general paranoia.” He speculated that DeSantis may be influenced by individuals who fear a digital currency could hinder “un-woke activities such as tax evasion and […]