Central Bank Digital Currency Is the Endgame – Part 1

A good article about the Beast System, I mean Central Bank Digital Currency. What people need to understand is that they can and will ration what you are allowed to buy. Once in place, freedom is gone. They will not need to go through Congress to pass bills, they will simply "Regulate" what you are allowed to buy, how much, and even have your money "Expire" if you do not use it by an expiration date.

Oh, you bought too much beef, your card will now reject that purchase. You are not allowed to have any more, go buy the cricket paste. Guns and ammo will be the first purchases to be completely banned and you can bet that with "Global Governance" that whatever the WEF and European Non Elected Elites want to happen to you will happen to you.

off-guardian.org...

Central bank digital currency (CBDC) will end human freedom. Don’t fall for the assurances of safeguards, the promises of anonymity and of data protection. They are all deceptions and diversions to obscure the malevolent intent behind the global rollout of CBDC.

Central Bank Digital Currency is the most comprehensive, far-reaching, authoritarian social control mechanism ever devised. Its “interoperability” will enable the CBDCs issued by various national central banks to be networked to form one, centralised global CBDC surveillance and control system.

Should we allow it to prevail, CBDC will deliver the global governance of humanity into the hands of the bankers.

a reply to: infolurker

Yep, it's coming fast and furious and most people are asleep.

a reply to: infolurker

Yea, I guess all that is possible.

But it looks as if a work-around is Crypto?
www.howtogeek.com...

a reply to: TonyS

Yep, it's inevitable. I plan on storing and using as little government-issued currency as possible. Hopefully avenues of exchange will still be available, just going to have to wait and see how it plays out. Meanwhile, I'll keep stacking the coins that I'm convinced will have value and still be around.
It's a whole new ball game.

a reply to: underpass61

What are your top picks?

Mine are:
BTC
LTC
DASH
ZCASH

a reply to: IndieA
None of those.

ISO 20022 coins only for me

XRP
XLM
XDC
ALGO

a reply to: underpass61

Centralized Ripple, really, why?

I just read that XDC is WEF approved and it also looks centralized. Good luck with that. You know what the WEF also supported? FTX and SBF.
Why would you want to support anything the WEF is involved with?

I just read that ALGO was recently hacked, but I guess that the centralized operators are just going to create more tokens to replace the stolen ones. Sounds legit. Good luck there too.

a reply to: infolurker

Why would a bank want to stop the account of a precious metals dealer, my guess is it will be the only alternative left when cash goes digital. They would not like this form of competition.

Much of money has been digital for a very long time because of practicality. Similarly, notes and coins are used for smaller transactions.

a reply to: infolurker

The 33 myths of the system - authored by Darren Allen


Nothing is, as it seems...



The choice is your own to make about what to make of it

Iain Davis!

Lovely fellow with tons of well-written articles. Excellent post.
He is one of the good guys.

originally posted by: underpass61
ISO 20022 coins only for me

An ISO:20022 certified crypto means it's slated for integration into the global settlement system.

a reply to: IndieA

Maybe because this ⬆️

You do you my friend, I'll be ok

The USDC is kept in Silicon Valley Bank.
USDC linked to Tether.
Tether linked to Bitcoin.
Having said that I have no clue what it means.
I have no idea what will be left after the dominoes stop falling.
I see the smart guys already here.
Monday is going to be crazy

originally posted by: underpass61
a reply to: IndieA

Maybe because this ⬆️

You do you my friend, I'll be ok

Just the fact Augustus has already posted this thread has my attention.
What say you about SBV?

originally posted by: Nevercompromise
Just the fact Augustus has already posted this thread has my attention.
What say you about SBV?

I'm not overly concerned.

originally posted by: AugustusMasonicus

originally posted by: underpass61
ISO 20022 coins only for me

An ISO:20022 certified crypto means it's slated for integration into the global settlement system.

The fiat global settlement system?

I take it that you guys aren't big fans of decentralization, finite currencies, and are okay trusting the same sorts of people that took us off the gold standard.

1. History repeats itself.
2. Those who fail to learn from the past are doomed to repeat their mistakes.

originally posted by: Nevercompromise
The USDC is kept in Silicon Valley Bank.
USDC linked to Tether.
Tether linked to Bitcoin.
Having said that I have no clue what it means.
I have no idea what will be left after the dominoes stop falling.
I see the smart guys already here.
Monday is going to be crazy

There is no direct link between Bitcoin and Tether. The liability for all the Tether deposits is in USD.

Bitcoin, the first crypto which was created in response to the foul play that led to the crash of 2008 and the general unfairness of fiat currency, functions independently, decentralized, and with a finite supply, which is why it's been deemed "digital gold".
This means that no matter how many bad actors defraud people, the Bitcoin network remains secure in and of itself.

If you own Bitcoin, it's similar to owning gold or cash, so long as you are in possession of it, your funds are secure.
When you deposit those funds into a bank or an exchange, you are trusting a 3rd party to return those funds upon demand. This is where trust can easily lead to loss. In some cases of fraud we may be protected by Insurance policies, regulators, and or courts, but those things can be messy and don't guarantee the full return of assets, as many of us have learned, are learning, and will learn.

originally posted by: IndieA
The fiat global settlement system?

Yeah, that one. This way you get to use your fiat crypto like a big boy.

...and are okay trusting the same sorts of people that took us off the gold standard.

You mean the Fed? I met with them two weeks ago and was on a call with them this past week discussing how we're going to jack you up with the FedNow ISO:20022 RTP platform. You're gonna be McLovin' it come July.

originally posted by: IndieA

originally posted by: AugustusMasonicus

originally posted by: underpass61
ISO 20022 coins only for me

An ISO:20022 certified crypto means it's slated for integration into the global settlement system.

The fiat global settlement system?

I take it that you guys aren't big fans of decentralization, finite currencies, and are okay trusting the same sorts of people that took us off the gold standard.

1. History repeats itself.
2. Those who fail to learn from the past are doomed to repeat their mistakes.

This thread really isn't the place to discuss the merits/weaknesses of any particular crypto, all I'll say is that if you think that the global banking cartel is just going to roll over and die well...

a reply to: underpass61

This thread really isn't the place to discuss the merits/weaknesses of any particular crypto, all I'll say is that if you think that the global banking cartel is just going to roll over and die well...

Maybe not, but that doesn't mean that the rest of us should support their next evolution in slavery and global dominance, or worse, sell our souls to it.