Observations of China's implementation of a Central Bank Digital Currency have heightened fears regarding governmental surveillance and financial control, influencing the discourse on CBDCs in the United States

  • Claim

Name

Observations of China's implementation of a Central Bank Digital Currency have heightened fears regarding governmental surveillance and financial control, influencing the discourse on CBDCs in the United States

Types

Claim

Quotes that support the claim

"In China, a CBDC will enable the kind of central planning Karl Marx could have only dreamed of."

Relevant questions

What measures could the U.S. consider to protect individual financial freedoms in light of China's CBDC features?

Subclaims

Concerns in the United States about a domestic CBDC stem from the potential for levels of control and surveillance, endangering financial privacy and freedom.

Tags

Global perspective on CBDCs

Referenced by

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US Politics

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