We are being herded towards a cashless society

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Monica Singer of blockchain company Consensys, argues we shouldn't fear the coming Central Bank Digital Currencies that'll herd us towards a cashless society, which arms the state with the means to snoop on every transaction we make. Limits can be placed on the size of transactions visible to the Reserve Bank. Governments everywhere are being pressured into adopting digital currencies in competition with private currencies like bitcoin and ethereum.

29 Mar 2022 English South Africa Tech News · Investing

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