HERES HOW CENTRAL BANK DIGITAL CURRENCIES WILL CONTROL OUR LIVES ⚠️

HODLCast

On August 29, 2022, the federal reserve announced that by next summer, they will begin the FedNow pilot, with over 120 companies signed up to participate, including every major US bank. This is the rails for a new and dangerous Central Bank Digital Currency (CBDC), They can be created out of thin air with no supply cap. It's a private ledger based system that will be linked to each person’s identity - maybe even via a microchip system. It will allow the central bank to easily expand or restrict the monetary supply. With this programmable money, it can be added to people’s wallets easily in the form of universal basic income or other welfare checks, and it can also be deducted for any kind of parking ticket, or tax. Every purchase you make will be recorded, if you buy a gun/bitcoin/a book in 2025, and that thing becomes illegal in 2026, your wallet could be turned off until you comply by turning in that certain asset to the government. Likewise, it will make forced medical procedures “in the name of public safety” a lot easier to enforce. If climate change continues on its current trend, the CBDC will allow the government to cap its people’s spending on activities that it deems high ESG risks, like steak dinners, or traveling. Leran more here: https://www.hodder.law/post/the-chill...