“The ‘advantages’ of digital currency (#CBDCs) is that it is programmable i.g. governments can determine HOW, FOR WHAT, WHO and WHERE the money may be spent or how long it is valid.”
- Head of the #IMF's China department, Eswar Prasad at the #WEF
Cash payment ceilings are a sign of mistrust in one's own population and are not intended to combat money laundering.
The more hopeless the situation for the state, the more authoritarian
If you made $500k every day since the Great Pyramids were built, you would have less than half of what the U.S. Gov has borrowed since June.
It’s probably time to
