As part of its CBDC development, the United Arab Emirates just conducted its first "government financial transaction using Digital Dirham."
This is a wild exchange from the Bank Secrecy Act hearings in 1970. A member of Congress asks why innocent people need privacy, acknowledges Jewish people fleeing the holocaust, and then says "History is a lot of hogwash in this." image
One of my favorite things about Bitcoin is that more people than ever are asking questions like, β€˜What is money? What is privacy? What is sovereignty?’ It’s through that curiosity that people see what’s at stake.
It's a little funny promoting my Substack on here since followers get it directly cross-posted as reads. However, if you'd prefer my work in your inbox instead, sign up for my Substack where I cover CBDC developments, financial privacy, debanking, financial freedom, and more. Price of $0/β‚Ώ0/β‚³0/€0/₦0/Kč0/β‚Έ0/Β₯0
Aimlessly wondering around Prague and I look up to find I’ve stumbled my way to the Czech Central Bank. It seems that even on my off days, I’m tracking central banks. image
Many folks are reporting that the digital euro's 2029 launch date is "breaking news." Real ones know that info has been in the @HRF CBDC Tracker since July. πŸ˜‰ πŸ”—: image
Remember, anon: You can just do things.
Has anyone else noticed how the ECB is ramping up digital euro propaganda?
β€œA purely peer-to-peer version of electronic cash.” It’s there if you want it and it’s there if you need it. And frankly, nowadays, having an escape hatch feels more necessary than ever. image
So many great questions came up at the Bank Secrecy Act event that I decided to follow up on all of those that couldn't be answered on stage. https://www.cato.org/blog/bank-secrecy-act-qa