A good read from the FT on central bank plans for digital currencies and the conspiracy theories that are popping up around them. A quick search on social media revealed that for a growing audience, CBDCs are the gateway to controlling a global population already cowed by a “planned” pandemic.
Beliefs that CBDCs are purely a tool to monitor and control the public are mainstream, says Doak. “Conspiracy theories relating to CBDCs have become key to the ‘Great Reset,’ an overarching amalgamation of conspiracy theories rooted in the belief that the World Economic Forum, private individuals and state actors are planning to reshape society on a global scale through secretive and repressive means,” he says. The amorphous and confused nature of the Great Reset means CBDCs are often touted as part of a set of measures, says Doak, that includes open borders, efforts at depopulation and the imposition of 15-minute cities — a form of urban planning, which conspiracy theorists believe are a tool to limit movement.