Laya Heilpern: "Central Bank Digital Currencies Should Terrify People"

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Crypto influencer and podcast host Laya Heilpern has called central bank digital currencies a tool for states to control people.

Beyond Crypto Podcasts Laia Heilpern(Layah Heilpern) is also known for her book about Bitcoin, Undressing Bitcoin: A Revealing Guide to the World's Most Revolutionary Asset, which was published in September 2021. 

In a recent interview, Heilpern expressed her opinion aboutlarge-scale testing of government-owned stablecoins, saying that in the future, CBDCs will impose financial censorship on citizens. Heilpern believes that central bank digital currencies, powered by blockchain, could be designed to “fulfill the whims” of central authorities.

"Programmable money, controlledstate should scare you. If, due to censorship, people can remain silent about some things, then with money it is easier for the government to cover people with a cap. This is similar to the restrictions once imposed by the authorities on unvaccinated people - state cryptocurrencies can only be spent on the purchase of certain things,” says Heilpern.

She is confident that even if CBDCs arepositioned as environmentally friendly digital currencies, they will still not be able to solve the problem of rising inflation. According to the TV presenter, money is the energy that fuels people’s lives, so programmable money should alert any sane person.

It is noteworthy that recentlyConcerns are also beginning to arise among other participants in the cryptocurrency industry. Earlier, the CEO of the ShapeShift trading platform, Erik Voorhees, said that the Central Bank’s digital currencies can be used for general surveillance of the population, violating the confidentiality of citizens and their right to privacy.