Video Description
This short video was taken from Andreas' April 2023 Q&A for patrons, in response to a question about the effects of CBDCs on privacy and the freedoms promised by open finance tools, like bitcoin.
Video summary:
Today, we're stepping into the world of Central Bank Digital Currencies (CBDCs). Unlike decentralized cryptocurrencies like Bitcoin, CBDCs are centrally controlled, and they come with strings attached. They will be used to implement anti-money laundering controls. But these controls aren't about stopping big players from making controversial purchases - they're more likely to prevent everyday folks like us from buying Bitcoin.
But CBDCs are more than just digital money. They're an integrated system of command, control, and surveillance. Money has traditionally been seen as a...
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