Programmable Money

Bank of England-Backed Project: CBDCs Could Enable 'Programmability' for Money

The ‘Project Rosalind’ software trial found that central bank digital currencies could enable smart contract-like features for transactions.

I've said this many times; the real aim of CBDCs is not faster and cheaper transaction times - there is nothing quicker and cheaper than using banknotes to buy things - but the creation of programmable money.

Money will then no longer be an inert medium of exchange but will have an active function that will track and limit its use - your use. You will then also always need your spyphone on your person. Track and trace for human slaves.

Project Rosalind report.

The project is based on a two-tier model representing a public-private partnership in which the central bank issues CBDC and provides the ledger infrastructure, and the private sector offers user-facing services including digital wallets.

This was always the plan, to keep commercial banks alive while keeping the proles at a distance from the central banksters. Your wallet will then determine what you can and can't do. Your slavery will be complete. We're nearly there, with bank payments apps already being widely used for very small daily transactions. When notes are withdrawn, what other option will you have?