All this despite almost zero coverage in the mainstream corporate media to date, most of which still refers to a fully digitized monetary system as ‘conspiracy theory’
The era of cash money is nearing its end, and with it will come the end of privacy.
The World Economic Forum claims, in a new report, that 98 percent of the world’s central banks have agreed to implement the globalists’ long-awaited dream of a cashless society.
Most central banks, such as the U.S. Federal Reserve, are quasi-government institutions owned privately by billionaire bankers.
And the WEF is not the first to reveal the plans of the globalist elite, which have been preparing for years to eliminate paper fiat currencies. But this latest report indicates the grand plan is now very close to being realized, perhaps just awaiting a triggering event – a Black Swan event of some type – before making the switch to “digital cash.”
As first reported by Slay News, the latest revelation was made in a 83-page white paper from the WEF which declares that nations around the world will soon be ready to adopt a central bank digital currency, or CBDC, in place of traditional money.
In the report, titled Modernizing Financial Markets With Wholesale Central Bank Digital Currency, the WEF asserts that a CBCD will replace all other forms of money to serve as a single global digital currency system.
The report states that, “Over 98% of the global economy’s central banks are researching, experimenting, piloting or deploying central bank digital currency (CBDC) to determine how to modernize the capabilities of and improve access to central bank money (CeBM)… With this backdrop and a recent survey finding that there could be 24 live CBDCs by 2030, the importance of clarifying the role of CeBM and wholesale CBDC in the next generation of wholesale financial markets is underscored.”
The WEF report states:
“CeBM is ideal for systemically important transactions despite the emergence of alternative payment instruments. Wholesale central bank digital currency (wCBDC) is a form of CeBM that could unlock new economic models and integration points that are not possible today.”
According to the WEF, central banks are preparing to deploy different forms of CBDCs specifically designed to be used by different institutions for different reasons.
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