🚨 News Flash: Governments may use their authority over Central Bank Digital Currencies (CBDCs) to control citizens' spending, according to Prof. Eswar Prasad from Cornell University. He suggests CBDCs could be programmed with expiry dates and to restrict "undesirable” purchases 🛍️. CBDC opponents argue they endanger privacy, while supporters see them as tools for blockchain adoption 🌐.
Over 100 countries are exploring CBDC technology, with 39 conducting pilots! 🌍 What do you think about CBDCs' potential impact on privacy? 💬 Tell us in the comments!