CBDC (Central Bank Digital Currency) is the final and most insidious form of [[fiat]] money, since as programmable money it allows a much higher degree of control, including geofencing, time limits, restrictions on saving, blacklisting, censorship, etc. It can potentially lead to [[ubiquitous law enforcement]] and facilitate social credit systems. == CBDC programs around the world == A large number of governments around the world are working on developing a CBDC. 3 have launched. 36 are in the pilot stage and 30 are in development. These are some of the most relevant. {| class="wikitable" |+ CBDC |- ! Country !! Stage !! Tech !! FOSS !! Privacy !! Transparency !! Issuance Limit !! Users (M) !! Name !! Dev. co !! DB leak !! Hacked |- | China || Pilot || . || . || . || . || . || 250 || e-CNY || . || . || |- | Nigeria || Live || Fabric || NO || . || . || . || 12 || e-Naira || Bitt Inc || . || |- | Jamaica || Live || NZIA || NO || . || . || . || 0.120 || Sand Dollar || NZIA || . || |- | Bahamas || Live || . || . || . || . || . || . || . || . || . || |- | USA || Development || . || . || . || . || . || . || . || . || . || |- | EU || Development || . || . || . || . || . || . || Digital euro || . || . || |- | India || Pilot || . || . || . || . || . || 5 || Digital Rupee || . || . || |- | UK || Development || . || . || . || . || . || . || . || . || . || |- | Brazil || Pilot || . || . || . || . || . || . || Drex || . || . || |- | Russia || Pilot || . || . || . || . || . || . || . || . || . || |- | Ukraine || Pilot || Stellar || . || . || . || . || . || . || Bitt Inc || . || |} == External links == *CBDCtracker [https://www.atlanticcouncil.org/cbdctracker/ cbdctracker] lets you see how CBDC implementation around the world is advancing. *HRF [https://cbdctracker.hrf.org/home HRF CBDCtracker]. The Human Rights Foundation is also keeping a critical eye on CBDC progress around the world.