10 Feb
2023
10 Feb
'23
6:39 a.m.
YOU ARE NEXT. CBDC's would become the rails for things Universal Basic Income (UBI) and they would have "features" like expiry dates on cash and negative interest rates. But more importantly, they would become a kind of full-fledged social credit system. We need look no further than Brazil, whose new president has declared that all recipients of that country's "Bolsa Familia" program which gives income assistance to the poorest families (millions of them) will have to be vaccinated, children included - in order to continue recieving assistance. (Brazil's CBDC is scheduled to launch next year.) "We're not playing around" - according to Luna.