Against Crony Capitalism

Against Crony Capitalism

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Against Crony Capitalism
Against Crony Capitalism
The fight against “government-controlled programmable money” happening in Senate

The fight against “government-controlled programmable money” happening in Senate

Central Bank Digital Currencies (CBDCs) will give massive power to central authorities overnight

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Nick Sorrentino
Mar 04, 2024
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Against Crony Capitalism
Against Crony Capitalism
The fight against “government-controlled programmable money” happening in Senate
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It’s the end of the economy (and in many respects society) as we know it. CBDCs are indeed “programmable money”. In a CBDC regime anonymity in transactions will be over. Your transactions will be visible to the Federal Reserve (and who knows who else) instantly and recorded in a digital ledger called the blockchain. The Federal Reserve will have access …

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