The reason why governments are interested in digital currency. Forced compliance or confiscation.

Expect more of this with FedCoin. The government just seized the payroll money of this cafe owner's bank account for "covid violations." Imagine instant fines or frozen accounts for not saying you're an "ally" or saying that you don't think Joe Rogan is racist. pic.twitter.com/9Dsyh41k1b

— James Lindsay, full varsity (@ConceptualJames) February 9, 2022