Eswar Prasad Archives

WEF panelist suggests COVID response accustomed people to the idea of CBDCs

When asked how he would convince people that CBDCs would be a trusted medium of exchange, Bahrain’s central bank governor said that COVID made the digital transformation ‘something of a requirement’ that had ‘very little resistance.’

News

Tim Hinchliffe

• May 1, 2024May 1, 2024

Davos 2024: Queen Maxima advocates global digital ID for financial services, vaccine verification

Digital IDs are 'good for school enrollment; it is also good for health – who actually got a vaccination or not; it’s very good actually to get your subsidies from the government,' Queen Maxima of the Netherlands stated at the 2024 Davos summit.

News

Tim Hinchliffe

• Jan 19, 2024Jan 23, 2024

House member urges Congress to ‘criminalize’ CBDCs: ‘Tool for coercion and control’

U.S. Rep. Warren Davidson called CBDCs the 'financial equivalent of the Death Star.'

News

Emily Mangiaracina

• Jul 25, 2023Jul 26, 2023

WEF elites admit potential for ‘darker world’ where CBDCs could be gov’t-controlled

Programmability is a key feature of CBDC, where governments, banks, and their customers could have total control over when, where, and how your money is spent.

Analysis

Tim Hinchliffe

• Jun 30, 2023Apr 22, 2024

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Articles tagged Eswar Prasad

WEF panelist suggests COVID response accustomed people to the idea of CBDCs

Davos 2024: Queen Maxima advocates global digital ID for financial services, vaccine verification

House member urges Congress to ‘criminalize’ CBDCs: ‘Tool for coercion and control’

WEF elites admit potential for ‘darker world’ where CBDCs could be gov’t-controlled