The possibilities are as endless as they are terrible. Central Bank Digital Currencies are a death knell for the very idea of individual freedom

A joint project between the Central Bank of Canada and the Massachusetts Institute of Technology will be researching the possibility of an entirely digital Canadian dollar, it was announced last week.

The digital dollar would be a state-issued cryptocurrency, or “central bank digital currency” (CBDC). (For more detail on CBDCs and how they work, you can read our previous article here.)

https://www.zerohedge.com/crypto/ukraine-crisis-accelerating-rise-central-bank-digital-currencies