Secret 'Identity Features' Being Written into CBDC
The central bank has entrusted Nuggets, a digital payments platform, with the task of "incorporating identity features into the digital pound", according to Nuggets CEO Alastair Johnson.
The technology is exactly what those dubbed 'conspiracy theorists' have been warning since CBDCs first emerged. The government are effectively creating programmable money and will pre-programme that money to only be spent on commodities the government state. The technology will fundamentally change the relationship it has with the public and the relationship the public has with money.
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