Daniel Fooks, Central Bank Digital Currency (CBDC) | Resistance TV

Daniel Fooks joins Chris Williamson to discuss the dangers of CBDC's.Central Bank Digital Currency (CBDC) is a digital form of a country's fiat currency that is issued and backed by the central bank. Unlike cryptocurrencies like Bitcoin, CBDCs are centralized, meaning they are controlled by the central bank and operate within the existing financial system. CBDCs can be used for payments, remittances, and other financial transactions, and may offer benefits such as increased efficiency, security, and financial inclusion. However, CBDCs also raise important questions about privacy, financial stability, and the role of central banks in the digital age.Support Resistance TV and The Socialist Labour PartyTwitter: https://twitter.com/SocialistLPFacebook: https://www.facebook.com/SocialistLPInstagram: https://www.instagram.com/socialistlp/Patreon: https://www.patreon.com/resistancetvJoin Socialist Labour Partyhttps://www.socialistlabourparty.org/Follow Chris Williamsonhttps://twitter.com/DerbyChrisWCheck out more Videos from Resistance TVhttps://www.youtube.com/watch?v=GXySk...Last weeks Episode https://www.youtube.com/watch?v=hicSddn5Njo&t=198sGet ready for the most exciting and thought-provoking show of the week! Join us every Wednesday at 7pm for Resistance TV live, the show that takes a bold, socialist stance on the issues that matter most to the left wing.Hosted by the former Labour MP, Derby Council Leader, founder of the Resist Movement for a People's Party, and Socialist Labour Party member Chris Williamson, we delve into the most pressing areas of concern for progressives: Anti Racism, Anti Imperialism, MMT, Injustice, Britain's role in foreign affairs, 21st century Socialism, Alternative Media, and more.But that's not all – our show is live and unfiltered, giving you a front-row seat to the discussions that shape our political landscape. And if you miss the live show, don't worry! Our audio podcast will be available every Friday, so you can catch up on all the action at your convenience.Join the Resistance TV movement and be a part of the progressive conversation. See you Wednesday!#CBDC #Crypto #DigitalPound #ResistanceTV