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Central Bank Digital Currencies Worse Than Bank Accounts and Cash, Says Blocksteam CEO Adam Back – Here’s Why

Central Bank Digital Currencies Worse Than Bank Accounts and Cash, Says Blocksteam CEO Adam Back – Here’s Why

The chief executive officer of blockchain technology company Blockstream says people are better off using fiat currencies or stablecoins than holding central bank digital currencies (CBDCs). Adam Back warns his 487,800 Twitter followers that CBDCs allow the powers that be to seize and control a person’s wealth. “Bitcoin is apolitical, bearer, unseizable money, and that […]

The post Central Bank Digital Currencies Worse Than Bank Accounts and Cash, Says Blocksteam CEO Adam Back – Here’s Why appeared first on The Daily Hodl.

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