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Please guys, follow to what the Fed and its owning banks are doing. They need to introduce a wholesale CBDC because SWIFT is more than outdated. But they won't destroy their business model that is based on credit fiat ponzis. The commie Eurozone will be trying to do it but will break up in an inflationary chaos
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Negative interest rates to discourage saving and encourage spending i.e. monetary repression Instant and automatic taxation and levying of fines Zero financial privacy, obviously meant to catch “criminals”. Every transaction is monitored and tracked, for your safety of course. Expiration dates on your money, as the state sees fit Being programmable money, restrictions of how and where they can be spent are easy to implement with a few keystrokes e.g. the state can freeze your money if they don’t like your political views They can be “turned off” at any time and for any reason in an effort to curb money laundering, tax evasion and all kinds of “illicit activities” Due to their digital nature, debasement happens much faster since “helicopter money” can be dispensed in real time by the state to its citizens
They really care about us, how wonderful. EDIT : I forgot how to make a proper quote, sorry
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This is exactly how much they loves is! 🙂
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