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A Primer on CBDCs - Mostly in Their Own Words
This is a video for those with their fingers in their ears regarding CBDCs, consisting of a series of excerpts and articles from policy makers and organizations about them. If you seek, you can find thousands of them, some more truthful than others, but enough to validate and verify the troubling bits.
Don't agree with all of the 1st article from months ago (which wasn't far off on the "stress free period" BC had left) but it points out some harsh truths - the two possible paths and the precedence set by the Canadian and US governments with respect to the seizure of money - in one case the bank funds of individuals and businesses and in the other of individuals and nations.
The second article is an example of the push for "programmable money" - allowing it to be configured such that it can only be used for specific choices, have its period of use restricted, have it "age out" of existence, and/or be eliminated. Note it talks about using it to enforce "government policy directives." The fact remains that CBDCs are a veritable financial Pandora's Box.
The 3rd article is a heavy push for programmability (though not said, for the government's control). They try to make a distinction between "programmable payments" and "programmable money" - it is a distinction withOUT a difference in the context of the article. Note they discuss the very 'features' I've raised for sometime about CBDCs and the path towards totalitarian control.
The 4th article is a note from the head of the International Monetary Fund talking about countries that are "testing" CBDCs and specifically mentions the US Federal Reserve's. Note the admission too that the IMF is "heavily involved" in the development and push for CBDCs. For the most part, this one completely skirts most of the issues and methods for control. Note there is a discussion of new laws, regulations, and "legal frameworks" to institute said control.
For those who continue to put their fingers in their ears or try to rationalize away the warnings and facts, like some of the reactions to this video, https://www.bitchute.com/video/u7KX1q5iH3yT/ , there is a video on utube from a long time investor that discusses some of the same aspects and warnings. Like me, he too knows nothing ;)
Category | News & Politics |
Sensitivity | Normal - Content that is suitable for ages 16 and over |
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