What’s a Central Bank Digital Currency (CBDC)? | Ep. 11 — Sat Chats Short Stacks

Can governments control what you buy, where you spend, or even make your money expire? In this episode, we break down Central Bank Digital Currencies (CBDCs), why governments want them and why they’re bad news for financial freedom. Unlike Bitcoin, which is decentralized and permissionless, CBDCs allow central banks to track, block, and manipulate your money at will. Imagine being told where, when, and how you can spend your own money, or worse, having it vanish if you don’t spend it fast enough. We cover: ✅ What a CBDC actually is and how it works ✅ How governments could restrict your spending based on what they approve of ✅ Why Europe is pushing for a digital euro while the U.S. is holding off (for now) ✅ How Bitcoin protects against financial surveillance and gives you real control over your wealth Smash ‘subscribe’ to help us hit 999+1 subscribers and unlock our LIVE Bitcoin Q&A every Friday morning at 10 a.m. Eastern on Youtube.