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Central Bank Digital Currency
- CBDC can be assigned a location in which you may spend, thus limiting your ability to travel (15 minute cities).
- CBDC can be assigned a carbon score to limit your ability to purchase items like gas and meat (sustainability). It’s not your money.
- CBDC may be programmed to limit purchases of only approved items (equity). It’s not your money.
What is a Central Bank Digital Currency?
It is a programmable form of money as part of a move to a cashless economy and society.
It is a programmable currency issued by a central bank.
- Allows politicians/bankers to track/control all of your spending
- Assigne a carbon score to limit your purchases of gas/meat
- Assigne a location to limit your travel
- Cannot save cash for emergencies
- May be frozen/confiscated without due process
- Every transaction is recorded forever, there is no anonymity.
To meet 2030 Sustainability Goals, UN/WEF plans to use CBDC to track and control your carbon footprint.
It is social control via a cashless economy.