Unfortunately, the CBDCs are coming, and they are going to radically change how commerce gets done.
Here in the United States, the Federal Reserve Bank of San Francisco has posted a job listing for a “Senior Crypto Architect” to work on the development of a digital dollar.
U.S. Representative Warren Davidson is very upset about this, because he believes that a CBDC issued by the Federal Reserve would be the “financial equivalent of the Death Star”…
The job description specified that the Federal Reserve seeks a technologist to “perform central bank digital currency (CBDC) research and development.”
The expert will work to “ensure the Federal Reserve is well-positioned to design, develop, and implement technology to support a CBDC as may be required by the Board of Governors.”
Although the job listing shows that the Federal Reserve is only working on CBDC research, Rep Davidson believes it is a sign of what is to come and described it as the “financial equivalent of the Death Star.”
Davidson added that CBDC would turn money into a tool of coercion and control.
Once “digital dollars” issued by the Federal Reserve become the dominant form of currency in our nation, whoever has power over that system would truly have an unprecedented “tool of coercion and control”.
So we must not allow this to happen.
Sadly, CBDCs are now in development all around the world.
For example, the UK has been moving toward the development of their own CBDC…
The de facto head of His Majesty’s Treasury announced this week that the Bank of England has begun consultations on implementing a Central Bank Digital Currency (CBDC) that could usher in the globalist vision of a cashless society in which all transactions are traceable by the government.
Chancellor of the Exchequer Jeremy Hunt revealed that, as a part of his ‘Edinburgh Reforms’ of Britain’s financial services, the Bank of England will begin consultations on the design of a Central Bank Digital Currency (CBDC) which would act as a digital version of the pound sterling.
Brazil, like most other masters, seeks to control the population with a central bank digital currency, or CBDC. Its pilot program made it possible for the ruling class to have complete control over the money of the slaves.
The new system contains hidden backdoor features allowing the Brazilian government to freeze people’s funds and adjust their balances at will. Even though these features are “hidden”, there is no secret as to why these sociopaths all so desperately need people to accept their enslavement through a CBDC scheme.
According to a blockchain developer by the name of Pedro Magalhaes, founder of the Web3 consulting firm Iora Labs, the ruling class will have access to every single slave’s bank account once they roll out the CBDC system.
Just a few days ago, Vladimir Putin signed “the digital ruble bill” into law…
Russia’s president Vladimir Putin signed the digital ruble bill into law today, allowing the country’s central bank to issue its own digital currency.
The digital ruble, which the Bank of Russia has long been mulling over, will be used for payments along with other methods, according to the new amendments to Russia’s Civil Code. The digital ruble accounts will be managed by the central bank, the law says. The bill passed its third, final hearing on July 11 and had been waiting for the president to be signed.
This was a historic development.
So why did we barely hear anything about it in the news?
Overall, it is being reported that 130 different countries are now interested in potentially developing their own CBDCs…
Our world is changing so rapidly now.
Once a “digital currency” is introduced where you live, how will you keep your “digital wallet” safe?
After all, someone could just steal your “digital wallet” and spend all of the “digital currency” that you have saved up.
Well, one German economist is warning that eventually we could see “digital wallets” actually get implanted under the skin…
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