Programmable Money and the Automated Third Lock

“What distributed ledger technology … could make possible is both stablecoin and digital token transactions that can be blocked by a built-in third lock that does not involve a financial intermediary. People or transactions could be blocked and assets confiscated at scale by a completely centralized function.”

~ Catherine Austin Fitts

Briefing for State Leaders: Scenario Planning

July 17, 2026

~ Publishes on July 17, 2026 at 6:00PM CST ~

Solari’s monthly online briefings are designed to support state legislators, other elected officials, and engaged citizens who are working to preserve American freedoms.

The July briefing, “Scenario Planning: Programmable Money and the Automated Third Lock,” will take place on Thursday, July 9 from 2:00-4:00 PM Eastern. Former Congressman and presidential candidate Dennis Kucinich will be joining us for the discussion.

The briefing will:

• Begin with a brief overview of programmable money and the concept of the “third lock,” including the difference between manual and automated transaction controls
• Review a scenario planning framework designed to identify and communicate the potential risks and opportunities associated with programmable money
• Discuss the advisability of putting up legislative guardrails on programmable money, irrespective of scenario
• Review legislative proposals, including cash acceptance legislation, protections against programmable money, and the emerging concept of a Right to a Non-Digital Life
• Invite briefing attendees to participate in an interactive working session to help evaluate the four scenarios and identify additional legislative ideas for consideration

A central question is whether legislative guardrails should depend on assumptions about intent. Even if programmable money is developed with beneficial goals, should reasonable safeguards be established before it becomes part of our financial infrastructure? What protections would be prudent regardless of whether the ultimate outcome is positive or negative?

If you would like to take part in what promises to be a lively discussion, you can register for the July 9 Zoom briefing here.

Source: https://solari.com/briefing-for-state-leaders-scenario-planning-programmable-money-and-the-automated-third-lock-with-dennis-kucinich/

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