In China, CBDC is linked to citizens’ mandatory digital ID. If somebody drives over the speed limit (in this case, 20 km/h), the speed camera system automatically deducts a fine from their digital wallet.

In China, CBDC is linked to citizens’ mandatory digital ID. If somebody drives over the speed limit (in this case, 20 km/h), the speed camera system automatically deducts a fine from their digital wallet.

Coming to the West soon, unless you resist!pic.twitter.com/AmOj5DkiNs

— Wide Awake Media (@wideawake_media) November 10, 2023