“You Ain’t Seen Nothing Yet: The Digital Yuan Can Be Turned Off Like A Light Switch”

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Zero Hedge: Two weeks ago, we reported that one of the most remarkable “features” of the brand new and soon to be unrolled digital Yuan, which should not be confused with any account-based currencies or commercial bank, private or unbackstopped digital currencies…

“He causes all, both small and great, rich and poor, free and slave, to receive a mark on their right hand or on their foreheads, 17 and that no one may buy or sell except one who has [a]the mark or the name of the beast, or the number of his name.” Rev.13:16-17

… is that it will come with an expiration date. As the WSJ reported, “the money itself is programmable. Beijing has tested expiration dates to encourage users to spend it quickly, for times when the economy needs a jump start.”

That’s just the start.  Read More

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