The reason I keep bringing up central bank digital currencies even though they still seem insignificant right now is because they will be the cornerstone of our tech-driven, digital enslavement. You need to pay attention to this because it’s going to be one of the most significant technologies of our lifetime.
You will not be able to hold liquid wealth outside of the system. You will not be able to spend it in unapproved ways. You will not be able to save if the central bank decides that saving would hurt the economy. Every purchase will be monitored and fully transparent.
Don’t get hung up on China here, either - every single major central bank is exploring or developing this technology right now.
Fill article: https://www.wsj.com/articles/china-creates-its-own-digital-currency-a-first-for-major-economy-11617634118
