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China’s Digital Authoritarianism Is Coming Our Way

A tripartite “digital authoritarianism” is just around the corner. It represents a new economic and societal transaction system that will affect everyone. While there are some benefits, the unspoken but alarming by-product is loss of privacy, loss of freedoms, and all-encompassing government control. A major component of digital authoritarianism is central bank digital currencies, or CBDCs.



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