It would help if someone explained to the voting public, just how a CBDC might work and why it is a threat to their freedom. I sort of understand, but I’m sure a vast number of voters have no clue at all.
BTTT
Vivek struck me as a used car salesman on day one and he’s done nothing but solidify that impression.
It seems clear where ‘Coin Disk’ stands. The article is a bucket of deliberately written to confuse the reader trash.
It’s pretty well established that we passed the “Trust our Government” Red line long ago.
I can’t believe that anyone who thinks freedom is a good idea would think CBDC is a good idea. Government would use it to try to control people’s behavior (including speech.) If you think cancel culture is bad now, just wait until the government can nickel and dime you into submission.
It would allow the government to track every firearm purchase. Store or private sale won’t matter.
The fact that they are talking about it means it’s going to happen.
Let me see if I can help some with trying to explain the “why” or the real purpose behind the whole CDBC initiative. I won’t give too much about my own personal background other than I’m in (and have been) in corporate finance for the past 30 plus years and I’ve been studying this issue quite a bit and here are my conclusions as I see them today;
The Federal Reserve (a privately owned institution that is not controlled or part of the US govt) as well as other Western central banks know that the their respective governments (ie their borrowers) have racked up huge debts that will NEVER be repaid by their own populations, hence whey those (as our own) governments are desperate to import a new generation of future debt servants (ie illegal immigration) by the millions because their own aging populations as well as their declining birth rates spell doom for said governments’ to continue to pay the bare minimum which of course are just the interest payments on annual debt loads. That debt has to not only continuously be rolled over but also new debt has to be borrowed just to keep things going, hence why the debt “ceiling” must ALWAYS be increased. The problem is coming up with the petrodollar and the currencies tied to it in the same over indebted Western countries. The powers that be know that time is coming soon where a large portion of the world’s population and said economies will move away from the petrodollar (dollar) and THAT is what is pushing the “green” initiatives so the same Western countries can claim that selling and purchasing oil in dollars (after its eventual collapse) can be off set by non “fossil” fuel energy. The CBDC comes into play because the Central Banks need their own alternatives to “keep the system going” after the world realizes that the old currencies from the Western economies (especially the US) will be useless and the ONLY way to not only prevent a societal collapse (AND also keep control) is to introduce a NEW currency that will be imposed on everyone regardless of whether we want it or not. In summary; it’s to replace the old system of debt servitude with a new system while still being in control…..hope that helped a bit!
ARGENTINA STOLE citizens funds 1 times.
Said it was to “save the bankrupt country”.
Every personal savings account-—Pension account—NON-PUBLIC EMPLOYEE pension account/Money Market account was taken electronically between Fri PM & Monday AM.
NO WARNING.
They repeated this when the country went bankrupt a 2nd time.
Last I knew Argentina is teetering on a 3rd bankruptcy.
EXACTLY what could happen here.
Think you can live without ANY CASH???
REVIEW THAT REAL FAST.