Ukraine is right at the forefront of CBDC research and has been prepping for such since 2016. There were plans to implement one later this year, though it’s possible the war has changed them.

The Russian central bank was developing a “digital ruble” before the invasion of Ukraine, and it is now being suggested as a way to circumvent Western sanctions.

China was already leading the race to total digitalization of their currency, and have used the “vulnerability to Western sanctions” as an excuse to push ahead even harder.

India, South Africa, Malaysia…the list goes on and on.

In short, pretty much the whole world has been at least considering the move to entirely digital money.

Why should this concern you?