What? [7 Control Scenarios for CBDC] 1. The most frightening aspect of CBDC is that the state can embed rules into money—this is called programmable money. Unlike traditional currency, which was merely a record, CBDC becomes currency that fully complies with state directives. 2. The evolution of money has always paralleled increased control. Cash in the past was highly anonymous and impossible to trace. The advent of credit cards and bank accounts enabled post-hoc tracking, and finally, CBDC enables perfect real-time pre-control. 3. Once the infrastructure is in place, seven technically feasible control scenarios become possible: First, spending can be arbitrarily restricted to specific stores or categories of goods. Second, expiration dates can be programmed into the currency to force consumption within a time limit and prevent saving. Third, in a cashless society, negative interest rates can be directly applied to accounts. Fourth, a single button press can instantly block and freeze all transactions of any individual deemed undesirable. Fifth, the flow of money can be tracked to monitor individuals’ privacy in real time. Sixth, conditional currency can be distributed differently based on an individual’s creditworthiness or social status. Seventh, there is the risk of forcibly limiting the maximum amount of assets an individual can accumulate or hold. Once authority and technology exist, greed and justification inevitably follow. 4. In the CBDC era, it becomes uncertain whether the money in your bank account truly belongs to you—because the state, as the issuer of money, directly controls when, where, and how it is spent. You must deeply reflect on why legislation related to CBDC in the U.S. is called the “Anti-Surveillance State Act.” https://t.co/FTWRaaTihZ