CBDCs: How Dangerous Are Central Bank Digital Currencies?

This new form of ‘digital cash’ may pose the single greatest threat to personal liberty and freedom in our lifetime.

Richard Knight
Published in
5 min readNov 19, 2022

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Blockchain technology is ushering in a new form of currency and central banks are taking advantage of this.

Central Banks around the world are in the process of creating and implementing a new type of digital currency — Central Bank Digital Currency (CBDCs).

CBDCTracker.org

CBDCs are Worldwide

According to CBDC Tracker, almost all countries of the world are experimenting with CBDCs and are in various phases of development and implementation.

There are nine countries and territories that have already launched their CBDCs which include:

  • The Bahamas
  • Antigua and Barbuda
  • St. Kitts and Nevis
  • Monserrat
  • Dominica
  • Saint Lucia
  • St. Vincent and the Grenadines
  • Grenada

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