All digital technology has this double-edged nature. There was a time that I was excited for an all digital future where an AI assistant helps keep track of your schedule and habits and helps you build a more sustainable life. Where you could seamlessly connect with like-minded people across the globe and where you can find anything you need to purchase or research instantly at your fingertips.
The sad reality is that any way that a group (government, private, or ngo) can use that to control you, they will. It will be used to surveil, manipulate, and control you. Unfortunately, anything that is taken out of the real world and centralized is going to be used by people who want to control people to control people.
That's exactly what a digital currency will be used for. Digital currency has its economic benefits too but the biggest benefit is control.
All digital technology has this double-edged nature. There was a time that I was excited for an all digital future where an AI assistant helps keep track of your schedule and habits and helps you build a more sustainable life. Where you could seamlessly connect with like-minded people across the globe and where you can find anything you need to purchase or research instantly at your fingertips.
The sad reality is that any way that a group (government, private, or ngo) can use that to control you, they will. It will be used to surveil, manipulate, and control you. Unfortunately, anything that is taken out of the real world and centralized is going to be used by people who want to control people to control people.