Incoming ‘FedCoin’ Will Track Everyone in New 1984-Style System, Says Robert Kiyosaki
Rich Dad Poor Dad author Robert Kiyosaki warns that George Orwell’s novel 1984 could quickly become a reality when the US goes ahead with launching a central bank digital currency (CBDC).
In a new episode of The Rich Dad Channel, Kiyosaki says that a “FedCoin,” or a Federal Reserve-issued CBDC, will allow the authorities to become omnipresent and surveil Americans’ every move to make sure they are behaving.
“The big concern with FedCoin, the CBDC, is that we lose our privacy. That they’ll track us, they’ll track every move because they’ll know everything we’re spending money on, what we spend it on, who we give it to and all these, so it becomes George Orwell’s 1984. Big Brother will watch you via our money and that’s the problem with the central bank digital currency, or the Fed Coin…
To continue at original source https://dailyhodl.com/2023/04/23/incoming-fedcoin-will-track-everyone-in-new-1984-style-system-says-robert-kiyosaki/
24/7 MARKET NEWS, INC Disclaimer
24/7 MARKET NEWS (“24/7 MN”) is dedicated to covering various underreported segments of the stock markets. Our goal is to help you to better understand these markets, but 24/7 MN is neither an investment advisor nor a financial advisor, and no information provided here is to be interpreted as a suggestion to buy or sell stocks or other investment products. All opinions, news, research, analysis, prices or other information contained on 247marketnews.com, its press releases, or other services are provided for educational purposes only and do not constitute investment advice. You are solely responsible for the investment decisions you make.
Please go to 247marketnews.com or https://247marketnews.com/terms-disclaimer/ for further information.