Thursday, May 6, 2021

Central Bank Digital Currency (CBDC) Coming


THE CENTRAL BANK DIGITAL DOLLAR IS COMING: 

Mac Slavo



The United States nonprofit Digital Dollar Project said on Monday it will launch five pilot programs over the next 12 months to test the potential uses of a U.S. central bank digital currency.  This is a huge part of their plan: a fully centralized digital currency where freedom and privacy are nonexistent.

This is the first effort of its kind in the United States. If the ruling classes are successful in convincing the masses they need the CBDC (central bank digital currency) the best you can do is prepare for totalitarian enslavement.  Every transaction you make will be tracked and traced. Any time they decide you have to pay some taxes, they’ll just take it.  Want to speak out against the slavery that is government? Fine, they’ll cut off your digital wallet. It’s coming unless we wake up and quickly.

The private-sector pilots initially will be funded by Accenture Plc (ACN.N) and involve financial firms, retailers and NGOs, among others. The aim is to generate data that could help U.S. policymakers [the ruling class] develop a digital dollar. –Reuters

This beast system is getting a boost and they are going to make this sound utterly delightful. Sadly, some will willingly agree to be slaves to the banking cartel and ruling class.

“There are conferences and papers coming out every week around the world on CBDCs based on data from other countries,” said Christopher Giancarlo, former chair of the Commodity Futures Trading Commission and co-founder of the Digital Dollar Foundation. “What there is not, is any real data and testing from the United States to inform that debate. We’re seeking to generate that real-world data,” Giancarlo added.



ALERT: PROGRAMMABLE CENTRAL BANK DIGITAL CURRENCIES WILL END ALL FALSE SENSE OF FREEDOM

Mac Slavo



With the advancement of the central bank digital currencies (CBDCs) worldwide comes the permanent elimination of and sense of freedom.  What little freedom we have left is systematically being destroyed by those who seek ultimate power and control over the rest.

Dominic Frisby with Money, Markets & Other Matters said CBDCs are “the final step into the brave new world, Orwellian great reset dystopia.” And anyone who has looked into this even for a minute knows that this will be the end of whatever false sense of freedom we pretend to have right now. (We aren’t free, that’s obvious. But any sense that you could be will be gone if we collectively allow the central banks ultimate control.)

Programmable money, such as CBDCs, means the user has even less control over their money than they ever had in human history. Frisby said almost any kind of rule could be coded into CBDCs. He provides an example of China mulling over the idea of expiry dates for its digital money. This means those holding the programmable money have to spend the money by a specific time or it disappears from their account, according to a report by ZeroHedge. 

They could also switch your account off or remove funds whenever they see fit for any reason. We are approaching the precipice of permanent slavery unless we can figure it out, stand together, and firmly let the rulers know we don’t need them and they no longer have power.


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