What is so Scary about Central Bank Digital Currencies?
13-Feb-2023 - Over 100 countries are developing CBDCs, programmable tokens that operate like fiat money, and which are issued and controlled by central banks. The governments can use them to control people's spending, and to crack down on political dissidents.
Giustra said that a future world with AI and CBDCs is "scary as hell."
"If governments, using AI and surveillance, implemented that around the world, and had access to your bank account, and could either punish you or reward you for your behavior through Central Bank Digital Currencies, what a scary world that would be," he said.
"In the end, the government will have more control over its population… and governments are controlled by politicians, and politicians have their own agendas."
It's time to resist and say no to CBDC - Keep using Cash!
We the people have the power. We voted for these politicians. They are here to serve us and not controlling our behaviour.
Would you like to be told what to eat and how to spend your money?
Read the full analysis in this news article:
https://www.kitco.com/news/2023-02-14/Dollar-will-be-dethroned-in-bifurcated-global-monetary-system-CBDCs-and-AI-could-usher-in-a-terrifying-world-with-mass-joblessness-and-digital-control-Frank-Giustra.html
Watch the Explanation about Digital Control from the Gold Expert Here:
https://youtu.be/B7VJAMSwmxg