The U.S. government has been printing money like mad to finance, first, people staying home during the pandemic and now, the war in Ukraine. This will destroy the economy sooner or later, and when it does, it will usher in a centralized bank digital currency, ending financial privacy.

Many governments tried introducing health passes in response to the Covid pandemic, which would have ended health privacy. These developments seem overly intrusive to many people, but they are just responses to emergencies, right? "Desperate times call for desperate measures." Maybe that's all it is?

I don't think so.

These technologies are complicated and could not have been created overnight. They involve massive data ecosystems with large amounts of computing power. They both would ultimately require digital identification, a digital counterpart for each of our own physical bodies.