Digital, state-issued currency is the "inevitable" next step of our economic evolution, says Cameron Chell, executive chairman of CurrencyWorks, who concedes it can be a "scary proposition."
Speaking to Michelle Makori, editor-in-chief of Kitco News, Chell said that digital dollars, which fundamentally function differently a dollar that is digital, will eventually be adopted by governments.
"Ultimately, it is much more convenient for people to use it as well, so I think adoption is going to become inevitable as well, but if we are not careful with our policies and our laws, we are in for a controlled society," he said.
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