In his World Governments Summit speech on Monday, World Economic Forum founder Klaus Schwab quoted a ChatGPT summary of his written remarks which said this 'new era' would harmonize technology 'with the deepest needs and aspirations of humanity.'
Linked to digital ID, the electric cars of the near future will be all but mandatory. An anonymous source from the German insurance industry claims that 'within the next 10 years, it will basically be impossible to insure old cars.'
'Without the dominant consumers adopting and using CBDC at scale, merchants are unlikely to undertake the effort and expense to accept CBDC for payments. And that means that consumers with unmet payment needs in this environment cannot benefit from CBDC.'