Associate Professor of Economics at @FloridaAtlantic | Director at @AIER's @SoundMoneyProj | Fellow at @btcpolicyorg | Adjunct Scholar at @CatoCMFA
Oct 3, 2024 โข 16 tweets โข 4 min read
Mark my words: If adopted, a retail CBDC will eventually โ if not initially โ be used to surveil the transactions of Americans. ๐งต
In brief: the government is already using existing technologies to surveil its citizens. Why would it give up its ability to monitor transactions? More likely, it would seize the opportunity to expand its capabilities