Central Bank Digital Currencies could enable governments to program, track, and freeze citizens' money at will — documented evidence
INVESTIGATING

134 countries (98% of global GDP) are developing CBDCs that would give central banks unprecedented visibility into every financial transaction. China's digital yuan already feeds data into its social credit system -- by 2019, over 26 million air ticket purchases were blocked for 'untrustworthy' citizens. CBDCs could impose restrictions on purchases, set expiration dates on currency, apply personalized inflation rates, or freeze accounts instantly. Multiple U.S. senators have introduced legislation to ban a CBDC in America.

Central Bank Digital Currencies could enable governments to program, track, and freeze citizens' money at will

FIN·January 1, 2021·By Ron Paul·4.0K upvotes·210 comments
What They Said Was Crazy
Central Bank Digital Currencies are not about modernizing payments -- they are a surveillance and control tool that would give governments the ability to program what you can buy, set expiration dates on your money, and freeze your accounts without due process.
Ron PaulJanuary 1, 2021Source

📄 The Receipts

The Risks of CBDCs (Cato Institute)
www.cato.org/visual-feature/risks-of-cbdcs
ARTICLEOpen
Central Bank Digital Currencies: Digital Currency or Digital Control? (Federalist Society)
fedsoc.org/commentary/fedsoc-blog/central-bank-dig...
ARTICLEOpen

⚖️ The Record, Side by Side

What they said vs. what the evidence shows

What They Said

No recorded dismissals for this claim.

What Actually Happened
ARTICLE

The Risks of CBDCs (Cato Institute)

ARTICLE

Central Bank Digital Currencies: Digital Currency or Digital Control? (Federalist Society)

⏳ The Vindication Timeline

From “crazy” to confirmed

The Claim Is Made

This is the moment they called it crazy.

📊 How Right We Were

Evidence strength
0/10
Source diversity
3/10
Community consensus100% agree

The People Speak(210)

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