Regardless of the reason, a CBDC allows those who have the intention of pushing social credit and marrying that concept to money an easy path forward. This is a path that does not bode well for your property rights. It also allows those who may have—shall we say—“questionable” intentions to add fuel to the fire. The WEF, for example, has positioned itself to provide “guidance” to governments on CBDCs via its Digital Currency Governance Consortium and related resource center.
