WEF DAVOS: CBDC'S WILL BE PROGRAMMABLE
7 months ago
58
Speaking at the WEF, former head of the IMF's China division, Eswar Prasad: CBDC will be programmable, in a way that will enable governments to dictate how, when, where, on what and by whom they can be spent, including the imposition of expiry dates.
CBDCs are a totalitarian 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? Oops, no money for you!
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