The Sidney Sun-Telegraph - Serving proudly since 1873 as the beautiful Nebraska Panhandle's first newspaper

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By Dan Carlson
Prairie Ponderings 

Will You Trade Convenience for Control?

 

October 13, 2021

Talk of a cashless society has been around for decades, but the explosion of interest and participation in cryptocurrency markets, coupled with better and faster computing power, has moved such talks from theoretical to nearly inevitable.

Those in positions of power among the elites in global banking and finance are openly advocating for conversion of the world’s currencies to digital. Central Bank Digital Currencies (CBDCs) are digital versions of money circulated by central banks such as the euro, yuan, pound and dollar. Several nations are actively looking at digitizing their currency,...



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