Ch 11.5 - Central Bank Digital Currencies (CBDCs)
"Every time something happens they cheat." - Keith Weiner, on the pending collapse of the central banking system
Narrative: Central bank digital currencies are a great solution to the slow, outdated, and antiquated financial system we have today. Almost everything will be completely private. The public has nothing to worry about.
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a. History
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"The first Central Bank Digital Currency (CBDC) was setup in 1922. The Gosbank (Russian Central Bank) was the only bank from 1922 to 1991. It was used as tool to control industry using bank balances and transaction histories of compliance with 5 year plans and government acted as instrument of government policy not as a bank. Gosbank loaned money to favored individuals groups and industries. All the deposits were on 1 ledger." - Unknown
Social Security Numbers -> Bank notes -> Checks -> Credit Cards -> Swift System -> CBDC's
"In 1990, the Brazilian government froze the bank accounts of thousands of citizens.
In 2013, the victims were the people of Cyprus.
In 2022, it hit closer to home — in Canada.
And now the Federal Reserve System Docket No. OP-1670 reveals the plan to give the Fed the power to track and potentially even control your checking account." - Unknown
"Paypal provided a foreshadow of what could happen if all the currency was digitized. I hope you all are paying attention." - Unknown on the agreement being changed so people could face enormous fines for posting 'misinformation' on social media
"Creating a new currency requires the creation of the will to accept a more controlled currency, a currency with restrictions and mandates, but most importantly, a currency with all seeing eyes, a living beast. It will require positively identifying every human with bio data, and a method to track everything we do and everywhere we go. There will be things you will not be permitted to purchase, things you will be forced to purchase, limits on purchases and a method to grade your performance as a consumer. All this will require great pain to convince us. If there's anything that marks our generation, it's that we've become willing slaves, bought and paid for by consent. They will convince us by pain, and stamp out any and all who resist. We're in that pain creation stage, where we're being squeezed, but not yet sufficiently bleeding, not yet willing... Suddenly and 'unexpectedly' America will fall, along with her proxies. We're a hallowed out shell of consumerism built on hype and force, waiting for a pin prick." - Unknown
b. Digital ID
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"Digital ID's being required to access the internet will sort them out right quick. AI such as the new chatbot will be allowed to run riot, precisely to bring chaos to electronic communications, and also to run myriad elaborate scams, which will later be used as excuse for such ID's to access to internet at all. Biometric ID's
If it gets to the point of digital IDs & CBDCs, and it looks like it will, the surveillance state will be at such a height that everything will be tracked in minute detail, and people will still not trade with you for PMs for fear of not being able to evade the tracking on everything they do/consume, and for the penalty that will no doubt be associated. Historically yes, you are correct, history is clear, but the paradigm we are moving into is very different from the control tech in play and the fact every nation in sync is experiencing this hostile push for total domination at once, from the puppetmasters behind the scenes - there will be no external force to save you, nor to trade with. This is the play for total world domination, winner takes all, money and trade as many of you conceive, it will be forever gone should the bad actors pull off what they're planning. Money to those types was never the end goal, but just an important primary tool necessary to consolidate total power, which is what they will have." - Unknown
"I am skeptical of any item with a property tax on it because as sh!t falls off a shovel they will look to take this property to fund the collapsed economy. Anything tracked will be taken and a digital ID just identifies you for having your sh!t stolen." - Unknown
c. Properties
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"BRICS take 4 small failing currencies and make 1 big failing currency." - Keith Weiner on the rupee making record lows against the dollar
"Central Bank Digital Currency for Dummies ->
Health: You didn't take your booster… sorry, your money won't work in public spaces.
Energy: You used your energy allotment this month… sorry, you can't buy gas.
Food: You ate too much meat this week… sorry, your money is only good for plants (or bugs).
Savings: If you don't take your rations soon… sorry, your money will expire at the end of the month.
Free Speech: You shared info that we disagree with… sorry, our algorithm is fining you. (PayPal has already started doing this.)" - Unknown
"Central Bank Digital Currencies (CBDCs) which will seek to accomplish three objectives of Late-Stage Globalism:
1) Eliminate privacy – making all transactions trackable, traceable and taxable in realtime.
2) Introduce controls on how, when and why you are spending your own money - Think China-style social credit, which in its Westernized form will almost certainly involve personal carbon footprint quotas.
And most importantly (otherwise we wouldn’t be calling it “Late Stage Gobalism”):
3) Extend the runway of fiat currencies – which are about to hit the wall as a long-wave debt super-cycle reaches its crescendo." - Unknown
"SOMETHING TO THINK ABOUT!
• A cashless society means no cash. Zero.
• If doesn't mean mostly cashless and you can still use a 'wee bit of cash here and there'.
• Cashless means fully digital, fully traceable, fully controlled.
• I think those who support a cashless society aren't fully aware of what they're asking for.
A CASHLESS SOCIETY MEANS:
• No more tuck-away cash for those preparing to leave domestic violence.
• No more purchases off marketplace unless you want to risk bank transfer fraud.
• No more garage sales.
• No more cash donations to hungry homeless you pass.
• No more cash slipped into the hands of a child from their grandparent.
• No more money in birthday cards.
• No more piggy banks or tooth fairy for your child.
• No more selling bits and pieces from your home that you no longer want/need for a bit of cash in return,
• Less choices of where you purchase based on affordability.
WHAT A CASHLESS SOCIETY DOES GUARANTEE:
• Banks have full control of every single cent you own.
* Every transaction you make is recorded.
* All your movements and actions are traceable." - Unknown
"Combine CBDC with the radical far-left woke cancel culture and the problem becomes apparent. These are the same people that would be happy to throw you in the gulag for refusing the vaxx." - Unknown
"Life under CBDC: You go to buy a hamburger, but you’ve already used all your carbon credits this month, so you have to settle for a bug burger. You try to buy a plane ticket home for Klaus Schwab Day (which replaced Christmas because Christianity has been outlawed as hate speech) but can’t because your social credit score is too low because you didn’t attend enough woke struggle sessions and have been insufficiently passionate during the daily Two Minutes Hate against Alex Jones. 5% of your CBDCs disappear from your wallet because you complained about the recently passed law that legalizes pedophilia. Then the AI labels you an enemy of the regime because you criticized it too much. Your digital wallet is turned off entirely. You can’t buy food; you can’t pay your rent or mortgage or property tax. Your friends and family can’t help you or they’ll be switched off too. You beg on the street for someone to give you some food, but strangers know they’ll suffer the same fate if they help. You think about running. But you know that the hunter/killer drones will take you out thanks to the tracking chip they put in the base of your skull when you entered the 15 minute city and got on UBI. You decide to visit one of the many (and busy) free government euthanasia clinics rather than starve to death." - Unknown
"One of the key properties of money is that it is a store of value. If they attempt to pass on a currency that has an expiration date, it no longer functions as a money derivative. It's a bait and switch scheme. I have no expiration date on my labor. This is therefore not a fair trade and is unacceptable. If we must go digital, it must be decentralized agnostic tokens loyal to NO government. That's what the Central banks will be using to trade amongst themselves as they don't trust each other either. No central bank wants a CBDC from another central bank. Watch what crypto they use in settlement between themselves and use it yourself. The X tokens are international agnostic currencies. XRP, XLM, XDC, etc. to name a few. Accept no other. Bank on yourself." - Unknown
"We no longer have liberty and freedom. It is all an illusion and the illusion is collapsing. Wait until CBDC is implemented ... sex workers, drug dealers, gun runners, moonshiners all need money to pay bills even though their activities are criminalized by the state. Me ... I don't care every activity has to become legal if you want a CBDC ... includes hitmen and assassins or the only ones operating will be government ones." - Unknown
"Businesses are OWNED by government, just like the rest of us, except they carry no illusions. They file monthly, quarterly and yearly reports and if they fail to do so their accounts are siezed. The entire point of CBDC is control which would never be imposed if they didn't already have control." - Unknown, on why bitcoin and gold won't be accepted by local businesses
d. Prevention
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"Imagine how evil someone has to be to transform me from antistate cryptoanarchist of 12 years to someone who prays to god to guide the top of food chain national security feds and their ancient karmic laws of banking handlers to come demolish this illuminati roleplay circlejerk." - Nikolai Arcadie Muchgian, the 29-year-old founder of MakerDAO, Balancer Labs, and the decentralized Dai stablecoin, found dead in San Juan, Puerto Rico
We are headed for a dark age unless a new system can be put into place to replace the old one. The future monetary system is being planned as we speak. And since people are so distracted, most don't even realize they have no seat at the table. Their plan is to back us into a financial corner and then offer a deal. We will live under either:
a) Neo-Feudalism -> Central Bank Digital Currencies (CBDC) + Social Credit (Neuralink) + Internet Driver's License (Digi-ID) + CO2 Rationing Track and Trace (Carbon Credit Card) = Digital Mark of the Beast System
b) Neo-Sovereignty -> Sound Money (Crypto, Gold, NFT's) + Censorship Resistant Protocols (Nostr) + Decentralized Social Networks (Damus) = Digital Renaissance
Developed nations like the US, UK, Australia, Canada, New Zealand, and EU are trying to keep us and the BRICs inside the digital control grid they are planning. Developing nations like Brazil, Russia, India, and China (the BRICs) are trying to implement their own digital beast system before ours collapses. And the last thing any of them want is for the people to enjoy a digital renaissance.
Neo-feudalism fixes the oppressor's place in the social pecking order and eliminates the possibility of upward mobility for the rest of us. The despots are taking us back to a two-tier society of nobles and serfs. And the playbook they are using has been used over and over throughout history.
"'They' must be backed down from pulling the trigger on this. It must be done peacefully. We must dare to imagine it is possible. As this has been planned for more than half a century, it was set in motion by people who are now dead or in their final years. The people who have inherited this position are in some ways as trapped in this as are we. They must come to see that it is a really stupid idea that will lead to their destruction. We must spread awareness to affect their thinking as well as the minds of the public broadly. Best, David Rogers Webb," - David Rogers Webb, author of The Great Taking on the Global Elite's plan to take down the entire system, confiscate the world's wealth, and return us to a feudalistic society.
“Also it causes all, both small and great, both rich and poor, both free and slave, to be marked on the right hand or the forehead, so that no one can buy or sell unless he has the mark.” - Revelation 13:16-17 KJV