[Three Reasons Why Central Bank Digital Currencies Are a Bad Idea](https://www.forgac.me/blog/2020/11/17/three-reasons-why-central-bank-digital-currencies-are-a-bad-idea)

The same characteristics for which people should oppose the transition to Central Banking Digital Currencies give central banks the strongest reason to champion and implement them. And while the pretense of an investigation into the fiat money tokenization gives an impression of a debate on the topic, the reality is, there will be no debate and the digital currencies will go through and give central banks more control than they had before with all the disastrous consequences such control brings. #

Published by Andrew Shell on and last updated .