Edward Snowden, the former NSA contractor turned whistleblower, recently expressed strong concerns about Central Bank Digital Currencies (CBDCs). According to Snowden, the primary goal of CBDCs is to strip people of fundamental ownership over their own money. He noted in a tweet that by placing the state at the center of every transaction, CBDCs would oppose the foundational principles of virtual currencies, which are built on decentralization and financial autonomy.
For more insights into Edward Snowden’s views on CBDCs and the broader implications for financial freedom, we encourage you to visit the blog at Decrypt. Their comprehensive articles explore the potential risks and benefits of CBDCs and provide a deeper understanding of how these changes could impact the future of digital currency. Don’t miss out on staying informed about these critical developments!
