Digital Currency Revolution: A New Era of Control - Part 02

The evolution of digital payments is leading us from a cash-based society to a cashless society where the Federal Reserve and other central banks around the world are putting together a platform that will interconnect itself globally. There will be different types of central bank digital currencies that will intersect on the platform, allowing transactions to take place. The new payment form will be centralized, and people will have instant tokens in their wallets, representing digital payments. People will also have a social credit score tied to their everyday life that will determine how many tokens they have, when they can use them, where they can use them, and what products and services they can buy. This will give the government full control over all payment options. 23 banks in the US are now in a pilot program to launch a digital pilot program, and the consumer retail program is set to launch in October of this year, allowing people to get used to the new system before holiday shopping. However, people need to be aware of the limitations and restrictions that the government will have over their payment options and how this new system will affect their lives.