Surveillance Coins Are Coming
NBTV: Your Money, Your Data, Your Life
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The Threat of Financial Censorship in Cryptocurrencies
CBDCs are what's known as programmable money. That you can basically program like software to do certain things. This money can be erased, automatically spent without your consent. You could even set an expiry date on savings. With the CBDC, they could program into someone's savings that if they don't spend it by next time, it disappears. And if you do buy or do the wrong thing, they can easily cut off your money. They want to impose ideology through the economy. It used to be that because there were technological limitations, those technological limitations provided a measure of privacy for Americans. Now with essentially no technological limitations, a technology can do practically anything. Things that
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