Paul Brennan speaks with John Alcock about central bank digital currencies being included in the India FTA, and the wider global push toward digital money. Alcock says CBDCs are inevitable and warns they will hand governments unprecedented visibility and control over personal transactions while gradually eliminating physical cash.
https://rcr.media/episodes/john-alcock-aliquid-melius-director-cbdcs-in-the-india-fta
I watched John Alcock talking with Paul on RCR in regard to the India deal with NZ and they mostly talked about the coming of digital currency and the government controlling us in how we spend our money. My wife just loves working with her cash as she has the total control over it. She is very much against what New World Supermarket has done with their introduction of their new shopping card. We note you can use it at PackinSave but you will not get any discount as their prices are at the lowest, hence they are only collecting information on your shopping habits. Yes, John’s talk on RCR was very informative indeed, well done John good for NZ Loyal.