We must reject CBDC

Central Bank Digital Currencies will be the ultimate tool of control. When they roll it out it will likely come packaged as wonderful free money. Eventually they will be able to limit what you can buy with it. They will be able to give favorable companies advantages, picking winners and losers in the free market easily.

How long before our credit score starts giving us points for being a good citizen? How long before it turns into more of a social credit score like China has, and they tie your score into what you can use your CBDC for? What if they decide Jerry has been drinking too much beer? Suddenly his CBDC can't buy beer.

Do you think that the people with their hands on the levers of powers will use this power for good? They won't. They will use it to encourage whatever behavior they want in their citizens. They will be able to do this on a whim.

It looks like it will be run through FedNow, but I don't know for certain. They will absolutely make it look like free money though. It sounds like they are shooting for an October rollout.

I wish this was all kooky conspiracy, but if you dig into it, this is exactly what they want to do. Central Bank Digital Currencies will be the ultimate tool of control, and we must reject them. Absolute power corrupts absolutely.