We will see....CBDC is a clearcut way of controlling buying and selling.
*Whether BEFORE or AFTER the 2024 election it would be an enforcement mechanism for the Beast Entity and the "Kings" and "Merchants" of the earth to use.
And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name. For all nations have drunk of the wine of the wrath of her fornication, and the kings of the earth have committed fornication with her, and the merchants of the earth are waxed rich through the abundance of her delicacies.
Revelation 13:17/18:3
"Central Bank Digital Currencies (CBDCs) threaten to replace the cash we use with programmable, trackable, and censorable tokens controlled by governments.
And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name. For all nations have drunk of the wine of the wrath of her fornication, and the kings of the earth have committed fornication with her, and the merchants of the earth are waxed rich through the abundance of her delicacies.
Revelation 13:17/18:3
"Central Bank Digital Currencies (CBDCs) threaten to replace the cash we use with programmable, trackable, and censorable tokens controlled by governments.
Your financial choices could be suppressed, and privacy eliminated.
Based on what I’ve learned and experienced directly, this could happen before the 2024 election......Former President Donald Trump warned that a Central Bank Digital Currency (CBDC) or a Fed-controlled Digital Dollar “would give our federal Government absolute control over your money.....They could take your money, and you wouldn’t even know it’s gone. This would be a dangerous threat to our freedom.”....... if a CBDC is not introduced this term, it is very possible that Senator Elizabeth Warren (D-MA) could become the Chair of the Senate Finance Committee, which would oversee the push for a CBDC. Warren has recently expressed her enthusiastic support for and advocacy for CBDCs.
“We need a digital version of the dollar that can be exchanged quickly and cheaply by anyone, anywhere in the world. A CBDC would make it easier for people to access their money and participate in the economy.”
She has also taken the national security angle, stating, “A CBDC could help reduce the risks associated with cryptocurrencies, which are often used for illicit activities and are subject to changing technology and market conditions.”
Then we have Sen. Sherrod Brown’s (D-OH) pro-digital dollar draft—Senate Bill 3571—Banking for All Act. It describes Federal Digital Wallets.
Now, to add icing to the cake, Sen. Elizabeth Warren (D-MA), along with Sens. Joe Manchin (D-WV) and Lindsey Graham (R-SC), introduced legislation to abolish digital money privacy. It’s called the Digital Asset Anti-Money Laundering Act of 2022.
Christine Lagarde, head of the European Central Bank, admitted that the purpose of CBDCs, like the digital euro, is control. She also noted that those who pay more than 1,000 EUR in cash for any transaction are doing so off the grid and will be fined or go to jail.
On March 9, 2022, President Biden signed Executive Order 14067.
This EO places “the highest urgency on research and development efforts into the potential design and deployment options of a United States CBDC.” It also calls for a whole-of-government approach to regulating digital assets. As you will see in a further section below, the technology for a US CBDC has already been developed.
*The Federal Reserve has already completed three successful pilots. The technology works and is only pending the creative “legal and marketing” spin before it is rolled out.
The exploration of Central Bank Digital Currencies (CBDCs)
through projects like Project Hamilton, Project Cedar, and the Regulated Liability Network (RLN) raises significant concerns over privacy, autonomy, and the consolidation of power within the hands of a few centralized entities.
Project Hamilton, a collaboration between the Federal Reserve Bank of Boston and MIT, demonstrates a leap in transaction-processing capabilities with its digital dollar concept. However, the capability to process 1.7 million transactions per second not only underscores the technical feasibility of replacing traditional cash but also suggests a future where every transaction can be monitored and controlled. The Regulated Liability Network (RLN), meanwhile, represents a further step towards a dystopian future where every asset, from your house to your car, could be tokenized and tracked on a government-controlled ledger.
*They are likely to roll out a CBDC using the problem-reaction-solution approach.
“We need a digital version of the dollar that can be exchanged quickly and cheaply by anyone, anywhere in the world. A CBDC would make it easier for people to access their money and participate in the economy.”
She has also taken the national security angle, stating, “A CBDC could help reduce the risks associated with cryptocurrencies, which are often used for illicit activities and are subject to changing technology and market conditions.”
Then we have Sen. Sherrod Brown’s (D-OH) pro-digital dollar draft—Senate Bill 3571—Banking for All Act. It describes Federal Digital Wallets.
Now, to add icing to the cake, Sen. Elizabeth Warren (D-MA), along with Sens. Joe Manchin (D-WV) and Lindsey Graham (R-SC), introduced legislation to abolish digital money privacy. It’s called the Digital Asset Anti-Money Laundering Act of 2022.
Christine Lagarde, head of the European Central Bank, admitted that the purpose of CBDCs, like the digital euro, is control. She also noted that those who pay more than 1,000 EUR in cash for any transaction are doing so off the grid and will be fined or go to jail.
On March 9, 2022, President Biden signed Executive Order 14067.
*The Federal Reserve has already completed three successful pilots. The technology works and is only pending the creative “legal and marketing” spin before it is rolled out.
The exploration of Central Bank Digital Currencies (CBDCs)
Project Hamilton, a collaboration between the Federal Reserve Bank of Boston and MIT, demonstrates a leap in transaction-processing capabilities with its digital dollar concept. However, the capability to process 1.7 million transactions per second not only underscores the technical feasibility of replacing traditional cash but also suggests a future where every transaction can be monitored and controlled. The Regulated Liability Network (RLN), meanwhile, represents a further step towards a dystopian future where every asset, from your house to your car, could be tokenized and tracked on a government-controlled ledger.
*They are likely to roll out a CBDC using the problem-reaction-solution approach.
Problem-reaction-solution is a concept often used to describe a pattern of manipulation and control that can occur in various aspects of society.
It suggests that those in positions of power or influence can
deliberately create or exacerbate a problem or crisis (the “problem” stage) to provoke a strong emotional reaction or fear among the public (the “reaction” stage). Once this reaction is triggered, it becomes easier to implement a predetermined solution (the “solution” stage) that may not have been accepted under normal circumstances. This process has been observed in politics, the media, and even marketing. Sadly, it works every time.
Given the precarious state of the global geopolitical situation, I can very easily see a terrorist attack or a cyberattack used as the “problem” mentioned above.
Given the precarious state of the global geopolitical situation, I can very easily see a terrorist attack or a cyberattack used as the “problem” mentioned above.
The reaction would be fear.
The solution would be a CBDC which would be marketed as a way to keep us safe from terrorism and money laundering.
The goal, then, is to have an alternative solution that can scale at the time of an emergency. You should be aware that the people pushing CBDCs (central banks, the United Nations, the World Economic Forum, Bank of International Settlements, and others) have refined their messaging and will be presenting a full propaganda campaign extolling the virtues of CBDCs.
Wired magazine reports that “China’s Digital Yuan Works Just Like Cash—With Added Surveillance.”
Wired magazine reports that “China’s Digital Yuan Works Just Like Cash—With Added Surveillance.”
ZeroHedge/Breitbart