Why fear, paranoia and distrust swirl around CBDCs

Populists and conspiracy theorists are exacerbating public concern about retail CBDCs. What can central banks do about it?

Typing ‘central bank’ into Twitter’s search window can be a shocking experience. On the one hand, the site will return tweets from the European Central Bank, Bloomberg and the International Monetary Fund’s number-two, Gita Gopinath.

However, it will also return alarmist tweets about central bank digital currency. An April 18 post by Harris Samaras (@HarrisSamaras) can stand as an example:

“If you thought that the Vaccine Passports were a violation of your privacy, if you were worried that your

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.