TECHNOLOGY: Brazil heads down the CBDC route

https://www.activistpost.com/2023/08/and-just-like-that-the-brazilian-central-bank-goes-live-with-a-cbdc.html

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The ease and speed of Pix also drew the attention of criminals, and all sorts of imaginable hits and scams related to the system soared almost immediately. People now keep a second smartphone with their primary banking apps at home, in fear of being robbed or hijacked and having their accounts wiped clean in minutes.

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Beware of “technology theft” leading to an empty bank account.

And CBDC (Central Bank Digital Currency) is just a step forward from the Hollywood Nazi character’s “Where iszt your PAPERS!”.

Just use cash.

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