Turkey is planning on launching a central bank digital currency (“CBDC”) next year and it will be integrated with Turkey’s digital ID system. This integration is part of the next phase of their digital Turkish Lira research project.
As Libre Solutions Network explained, digital currency is what makes online commerce work so well. The trouble is that as the internet has invaded more and more into our lives it has given the digital financial complex more and more power. This is the foundation of a “social credit system” that aims to control every aspect of your life. Having the “right” social attitudes or behaviour will not be enough to endure this. The game is total control and the prize is all your time and assets.
It is also important to understand that while digital currencies are tools of the technocracy so too are central banks themselves. What central banks are after with digital currencies isn’t merely control. They have control already. Their concern is that their control is too crude and they would prefer precise options to micro-manage the economy down to individual transactions.
And so, proving that the difference between a conspiracy theory and reality is about 12 months because what was called a crazy conspiracy theory last year, is now becoming a reality – a CBDC that is tied to your digital ID.
With a CBDC it becomes really easy for the state to stop dissidents from buying or selling. This is all about total control.
And consider that Turkey has had a very high inflation rate recently, and now they are announcing digital currency, which could provide an excellent opportunity for a kind of “reset.”
We are seeing high inflation in many Western countries now. I imagine a digital currency will be introduced with the excuse of preventing any further economic troubles. A reset of the global economy if you will. Maybe a “Great Reset.”
We already know that the European Union is working on a digital euro with none other than Amazon.
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