Readying The Digital Chains

Programmable money by another name

• U.S. lawmakers imposing programmable currency by stealth

• Applied with velvet gloves through Stable and Genius Acts

• Tariffs will onshore military-tech-financial complex

• Canada’s new PM a champion of CBDC, central banks, carbon tax

Related:
Xi-Putin, Bank Runs, New World Religion - Complexities not resolved, inverted; not solved, weaponised (Mar 24, 2023)
Banker Disruption Causes Delay in Publishing - 'Mind the Gap' vicious cycle of verification eats up hours and days (May 05, 2022)
Crypto Coin Chiefs Die As Central Bank Bots Ready Digital Currency - Proponents of Fed Now clear the land of competitors (Apr 10, 2023)

(2,000 words or 10 minutes of your company.)

Apr 15, 2025

“One people, one realm, one leader” is tweaked, a century later into universalism.

Former nations now merged by open borders into one world, the strong leader redundant as digital currency is readied to enforce behaviours.

They're supposed to be opposites yet this is inversion: a mirror image of the past is simpler than a truly new world.

It's even easier than manufacturing consent. Cleaner than the business of corralling the people to vote for a leader, speaking from a script written by the political technologists of the owner-investors.

It was no accident: political scientists like Karl Popper thought such a system had less chance of an extremist seizing power but there's the rub: more risk of authoritarian control.

Technocrats thought it more efficient than the short-termism of politicians facing re-election every four or five years — yet as Aldous Huxley warned, a scientific dictatorship is permanent!

See 3 Crises - Xi-Putin, Bank Runs, New World Religion - Complexities not resolved, inverted; not solved, weaponised (Mar 24, 2023)

At the moment in the United States this structure of control is being implemented without jackboots.

Granted, the police have been militarized, the FBI acts as a political police force, free speech can get you deported, Germany's meme police are out in full force, prosecuting any criticism of politicians; in Britain you can get the 3 a.m. knock for a Facebook post, and all the banks watched as Canada froze truckers' bank accounts back in 2022 over vaccine mandates.

So far, however, the spectre of central bank digital currency (CBDC) has been lifted. Or has it?

Digital ‘old bill’

President Donald Trump was elected in part on his promise to ban CBDC (Executive Order 14178, January 23, 2025). Yet two bills embed surveillance in digital currency, and reveal that money is already on the path to programmable or penal rationing.

The STABLE Act (House, February 6, 2025) and the GENIUS Act (Senate, February 4, 2025) restrict stablecoin issuance in effect to big banks rather than the Federal Reserve central bank.

The first determines who can issue, the second bans unapproved, stablecoins. Anti-Money Laundering (AML) rules will follow. Know Your Customer (KYC) has already been used to penalise “politically exposed persons.”

Thus control is retained by the banks directly rather than through the Fed (which they happen to own). That may be moot or a quirk but it does not change the reality of surveillance.

This aligns with the PATRIOT Act, PREP Act, Bank Secrecy Act, CARES Act, and the laws introducing pre-crime as Philip K. Dick described in his 1956 novel “Minority Report.”

Attorney General John Ashcroft said preventing terrorist acts had become more important than punishing crimes after the event, extending to “spitting on the sidewalk.”

An extra 87,000 Internal Revenue Service (IRS) agents are poised to audit the average John or Jane.

National suicide

The International Monetary Fund (IMF) and the Bank for International Settlements (BIS) are at the heart of these plans for cybernetic control through finance.

BRICS and European CBDC or the U.S. may only remain a rival until such time as the BIS and IMF agree on one system. But that's probably an over simplification.

For centuries governments and central banks exerted centralised control over money, and through regulations and tariffs, upon the economic system.

Surveying the condition of Europe, you might think the traditional nation state is lost to the mists of history. However, not all nations are keen on suicide, so CBDCs must be pegged to the national currency.

Central banks are working out how to shift to wholly digital money without losing control to decentralised digital currencies.

Digital ledger

CBDCs work in various ways but have one thing in common: a digital ledger that records all transactions. It would be like blockchain, but not decentralised, there being a single central authority or syndicate holding and managing the ledger.

What Aaron Day calls in his article for Brownstone Institute, a "permissioned, government-approved digital system." [1]

The question is to what extent these systems can be CBDC or stable coins... national or integrated... and yet still constitute a centralised digital ledger. This would tally all assets to offset energy or its shadow, carbon, as the unit of rationing.