Just Say No to CBDCs – by N.S. Lyons – The Upheaval
You awake to find that today is special: it s Stimmie Day! When you roll over and check your phone, you see a notification from your FedWallet app letting you know that another $2,000 in FedCoins has just been added directly to your account by the U.S. Federal Reserve.
To be honest, part of you would love to save that money for the long term, given that things have been getting rather uncertain and actually kind of crazy lately, what with the war and the economy and all& But you can t, since these FedCoins are coded as usable for consumer purchases only, and will expire and vanish in seven days. So you d better spend em while you ve got em!
The latest PlayBox it is then. Everyone says Elden Ring 3 is the hottest VR game on the Metaverse right now, and you ve really wanted to join in. Since you re stubbornly old fashioned, you decide to check it out at BezosMart on the way home from work today before you get it delivered by drone to your tiny apartment.
But first you begin your day as you always do, with a quick stop at the local Starbrats automated, no-contact drive-through latte dispensary. Opening your FedWallet app and vaguely waving your smartphone at the machine is enough to complete the transaction. $14 in FedCoins are instantly deleted from your digital account at the Fed and recreated in Starbrats corporate account, well before the sweet, coffee-flavored milk beverage is deposited into your eager, grasping hands.
Your morning starts to go downhill quickly, however, when you realize that your SUV is almost out of gas. You pull the old clunker, with its antiquated combustion engine, into the nearest open station you can find it looks pretty run-down and roll up to the pump. A dull-eyed teenager in a facemask inserts a nozzle into your vehicle and waits for you to pre-pay. You wave your phone at the pump. Nothing happens. You try again. Your phone buzzes, and you look at it. There s a message from the Fed: You have already spent more than the $400 maximum weekly limit on fossil fuels specified in the FedWallet User Agreement. Your remaining account balance cannot be used to purchase non-renewable energy resources. Please make an alternative purchase. Have you considered a clean, affordable New Energy Vehicle? Thank you for doing your part to build a more just and sustainable world!
A plausible future but not a good one.