Tag: cryptofascist currency

HomeTagsCryptofascist currency

The CBDC, according to Edward Snowden, is a “cryptofascist currency” designed to put governments at the center of every transaction.

Central Bank Digital Currency (CBDC) has been dubbed a "cryptofascist currency" by Edward Snowden, a former NSA contractor and whistleblower. It is primarily meant to deny individuals fundamental control of their money. In a tweet, Snowden stated that the CBDC will put the state at the center of every transaction, contradicting the virtual currency's basic ideas and procedures. The cryptocurrency was created as a decentralized currency that was independent of any single authority's control. It was created to take financial institutions like banks out of the trading and investing process.
Please follow and like us: