CBDCs Will Allow Governments To Control What You Can & Cannot Buy
7 months ago
105
Speaking at a World Economic Forum panel discussion in Tianjing, China, former head of the IMF’s China division, Eswar Prasad, outlines how Central Bank Digital Currencies (CBDCs) will be programmable, such that governments will be able to severely restrict how, when, where, on what and by whom they can be spent, including the imposition of expiry dates.
CBDCs are a totalitarian’s wet dream, and would enable governments to centrally enforce tyrannical policies on an industrial scale—at the flick of a switch—without the need for human enforcement agents.
Not “up to date” with your injections? Exceeded your weekly carbon allowance? Ventured outside of your designated ’15 minute’ district? Social credit score too low? Whoops, no money for you!
Loading comments...
-
1:13
Hot_Topic
7 months agoIMF Director: CBDCs Will Allow Governments To Determine What People Can Buy
103 -
0:36
galacticstorm
7 months agoCBDCs are a totalitarian's wet dream; enable govt to dictate spending ability.
231 -
0:55
palmernp
1 month agoCBDCs will give governments total power over citizens if cash is discontinued.
21 -
4:11
AskAI
3 months agoWho controls CBDC?
13 -
0:58
TheSourceOfficial
3 months agoAre Central Bank Digital Currencies (CBDCs) Threatening Your Freedom?
24 -
0:48
Now You Know
2 months agoDigital Control with CBDC
2 -
1:02
Now You Know
1 month agoCBDCs
9 -
18:45
WTFLouie
1 month ago100% Digital WEF Orders Govt's To Outlaw Cash For Non-Licensed Individuals 12-May-2024
69 -
1:40
Alice Springs To Mind
6 months agoCentral Banker Explains How CBDCs Will Control Your Finances
134 -
3:29
KStarockChannel Truth is learned - not told.
7 months agoCBDC: "There Will Be Control"
62