Won’t be that soon or an immediate thing. The plan is Central Bank Digital Currency but the details of it’s implementation are still being worked out. CBDC could be done without banks. It would be people transacting directly with the central banks(prints money) as opposed to commercial banks(where you got that loan). I think they’ll figure out a way to keep the commercial banks but they will just be service centers for the central banks.
Trendy people will be good with using their phone for every transaction. Then it will catch on to others. Eventually banks will start taking cash out of the system because the new money won’t be on paper or in coins. It will be digits/digital as most money technically is now.
CDBC WILL be programmable. They’ll be able to set up any sort of conditions and limits on it’s usage. It will be like the Mark of the Beast, just not on your forehead or hand, ...yet.
[It will be like the Mark of the Beast, just not on your forehead or hand, ...yet.]
I think so too. It’s a precursor. Just another step towards that day.