CBDC Explained: Can Your Money Really Expire?

Central Bank Digital Currency (CBDC) is state-issued digital money that could be programmed to expire, freeze, or block certain purchases. This video explains how CBDCs differ from crypto or PayPal, how they give central banks direct control of digital wallets, and why that worries privacy advocates and economists. We cover global pilots like China’s e-CNY, the EU Digital Euro, India’s Digital Rupee, and U.S. FedNow, highlighting risks of surveillance, spending limits, and financial censorship.