Digital ID, programmable money like Central Bank Digital Currencies (CBDCs), and AI are paving the way for a "dystopian hellhole" run by a "horrific totalitarian regime" seeking to build digital gulags, 15-minute ghettos, and the tokenization of everything in nature, according to a Europe of Sovereign Nations (ESN) group MEP outreach event in the European Parliament.
But on money the citizen doesn’t control, the Brazilian Workers’ Party government’s been trying to shoehorn its own take on it, DREX, since they got back in power of the Executive. Also the president’s been quite on that for a while, but for some ~2 years, he’d insist on a global currency too. Wonder if the two were meant to cross at some point.
The article’s UI’s… certainly something.
But on money the citizen doesn’t control, the Brazilian Workers’ Party government’s been trying to shoehorn its own take on it, DREX, since they got back in power of the Executive. Also the president’s been quite on that for a while, but for some ~2 years, he’d insist on a global currency too. Wonder if the two were meant to cross at some point.