A report from the Bank of Canada proposed a ‘promising architecture well-suited for basic payments’ through the use of a digital dollar, though most Canadians are wary of such an idea.
'He is the golden boy of the World Economic Forum and he will be a disaster if he ever gets anywhere close to power,' Conservative leader Pierre Poilievre said of potential Trudeau replacement Mark Carney.
The reality is, we do not 'need' central banks. Not in the slightest. A country, or even individual states, can create their own currency and run their own banks, either without usury, or with very low interest rates. That’s the path to freedom, and all that is required is the decision to do so, and the guts to carry it though.
Bank for International Settlements general manager Agustin Carstens ignores the concerns of citizens all over the globe that governments and corporations could be able to program CBDCs to restrict less desirable purchases.
As nations around the world prepare their populations for the adoption of a centrally-controlled digital currency, a few Texas politicians seem to be pushing back.