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mitch

01:58:20 am 07/24/2023

Viewed: 4282

A new ad for the Fed in San Francisco says the department is seeking “a technologist to perform central bank digital currency (CBDC) research and development.” It goes onto say that, “Given the dollar’s significant role, the FRS seeks to further understand the cost and benefits of the potential technologies for CBDC and this emerging field” and that the role would be “an outstanding opportunity to be part of a team on the leading edge of technology research into central bank digital currency.”

a CBDC would enable mass levels of government surveillance and control the likes of which we’ve thankfully never seen. Imagine a government being able to freeze your currency because you “spread disinformation” or limit how much you can buy of socially disfavored products—like gasoline to fight climate change.

The government would be able to program your money so it expires if you fail to use it by a certain date or so that it can only be used to purchase “approved” items."

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