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10 Views • Jul 25, 2023 • Click to toggle off description
Join me as I delve into the potential future of financial transactions, where Central Bank Digital Currencies (CBDCs), automated taxation, and Blockchain-based identities become the norm. Picture a world where signing up for a stock exchange requires no ID verification because your identity is already tied to your accounts, much like in South Korea.

However, this convenience might come at a significant cost: the complete loss of anonymity. As cash becomes increasingly obsolete with the rise of CBDCs, every transaction, every move we make, could become subject to full KYC (Know Your Customer) procedures. Tune in as I unpack this fascinating yet potentially concerning vision of our financial future.

Let me know what you think about this in the comments below and don’t forget to subscribe!
👉    / @scottcbusiness   👈

Disclaimer: This is not financial advice and is purely for entertainment purposes. What you see, hear, or read is my personal opinion, and any statements made are based on my views and should not be misconstrued as fact. My crypto portfolio may or may not be simulated

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👉 www.scottcbusiness.com/

#CBDCs #AutomatedTaxation #BlockchainIdentity #EndOfAnonymity #DigitalCurrency #CashlessSociety #KYC #FinancialFuture #MyFinancialTake #TechnologyImpact
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Views : 10
Genre: Science & Technology
Date of upload: Jul 25, 2023 ^^


Rating : 5 (0/2 LTDR)

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RYD date created : 2023-07-26T09:13:42.677738Z
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