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Sunday, October 10, 2021

CONTEXT: Edward Snowden on “Central Bank Digital Currencies”

Central Bank Digital Currencies or, as I like to call them, “slave money”, are a hot topic among globalists and other would-be slavers. Just imagine how wonderful it will be when your government can confiscate your cash remotely with the click of a mouse, control the things on which you can spend it, or keep you from spending it entirely if you have done something of which they disapprove. I have been warning about this ever since my “Unicard: Ubiquitous Computation, Global Connectivity, and the End of Privacy” paper in 1994, which was considered dystopian science fiction at the time.

In a few years, countries that aspire to economically enslave their populations won't even have to develop their own systems for doing so—they'll be able to buy it off the shelf as a turnkey system from China, integrated with the “social credit” system.

Posted at October 10, 2021 12:34