Topic: Programmable Money

McRoy explains how programmable digital currency will work, using the current Food Stamps program as a model. He predicts that Universal Basic Income (UBI) will come with restrictions on what can be purchased based on health or social credit scores. The system could include expiration dates on funds and remote "kill switches" for electric vehicles to punish non-compliance.

The speakers warn about the impending rollout of Central Bank Digital Currencies (CBDCs) and their potential for social engineering. They cite the freezing of bank accounts during the Canadian trucker protests as a precursor to a system where spending is tied to geolocation and behavior. John Bush offers a "Great Financial Reset Response" webinar to help people navigate the transition to programmable money.

The discussion turns to finance, drawing parallels between the 1690 introduction of paper money and the current rise of cryptocurrency. While 2022 is predicted to be a year of massive financial gains for some, Ross Ben warns against being "chained to the block" via programmable government digital currencies. He advises those who profit from crypto to eventually "cash out" into tangible assets like land by 2023 to avoid future restrictions on spending.

Australia is piloting "smart money" by putting disability benefits on a blockchain, making the currency programmable. This allows the state to dictate where and how benefits are spent. In a world of "telepresence labor," access to these tokens may become contingent on an individual's willingness to perform remote tasks, such as operating robots via haptic control.