4 ms·

My new insight from this work was around the Central Bank Digital Currencies (CBDC) being framed as “varying in value” depending on who owns the asset. Are the

• vinny06 5y ago
  Yes, the Chinese social credit system. CBDC's are programmable money, like crypto currency smart contracts. They (the banks and governments) will decide how and whether you can spend your credits. But almost no one realizes the horrors this will bring. With CBDC's your government or even your employer can decide how you are able to spend your money(credits). They can disallow you from paying your rent when you did not take your mandatory experimental Covid19 booster shot. Or they can disallow you to pay for gasoline if they think you've used too much.. The possibilities are endless. This is not a conspiracy, do your own research! This is why crypto currencies are so important for us; banks and governments cannot control them. If we lose crypto currencies we will lose our freedoms eventually. The fight of governments and banks with decentralized crypto currencies are not about electricity usage or money laundering at all. It's all about absolute power and control over the people. Again, do your own research!