The Human Rights Risk of Central Bank Digital Currencies
Central Bank Digital Currencies (CBDCs) are on the rise. A CBDC is a digital, national currency that is issued by a nation’s central bank, like paper cash. Unlike paper cash, they are digital, trackable, and freezable. These new digital currencies have the potential to dramatically shift power away from the citizen to the state in the realm of payments, savings, commerce, and privacy, and thus pose an existential risk to civil liberties.
Hear from CBDC experts who will focus on China, Nigeria, and give a global overview of what’s happening and how we can push back.
Programming descriptions are generated by participants and do not necessarily reflect the opinions of SXSW.
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