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Russia says it will halt foreign currency purchases and launch a digital ruble to keep the currency from spiraling further
(finance.yahoo.com)
this post was submitted on 12 Aug 2023
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What the hell is going with governments worldwide all of the sudden creating digital currencies all at once? This is like the 4th or 5th country I've seen announcing a digital currency in like a week.
The conspiracy nut in me says that they hope it will be easier to control, especially inflation and deflation. Maybe even have an raiser time tracking people and sanctioning them as needed. Maybe they think it will be easier to clamp down on stuff like money laundering and tax evasion.