Expert Kostyantyn Kryvopust criticized the idea of ​​a digital dollar


Yes, a well-known lawyer in the field of international financial law Konstantin Kryvopust expressed doubts about the feasibility of introducing a digital dollar – CBDC. One of the arguments given is the ability of the authorities to control the new potential currency, which defeats the original principle and purpose of creating such instruments.

A similar opinion is held by the author of the bestseller “Rich Dad, Poor Dad” and entrepreneur Robert Kiyosaki, who compared CBDC in the USA with a character from George Orwell’s novel “1984” and called to invest in the first cryptocurrency.

“In his book 1984, George Orwell warned: ‘Big Brother is watching.’ CBDC [президента США Джо] “Biden is ‘Big Brother,'” Kiyosaki wrote.

He called for buying “more gold, silver and bitcoin.”

In addition, the idea of ​​launching a digital dollar is also criticized by politicians. In February, Congressman Tom Emmer introduced a bill to protect financial privacy when using the central bank’s digital currency.

He later stated that CBDC technology offends American values ​​and could facilitate financial control over citizens.

In April, Texas Republican Senator Ted Cruz called the launch of a digital dollar “extremely dangerous” to society because the government would have access to every transaction. At the same time, he praised Bitcoin and talked about his investments in the asset.

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