CBDCs: Financial Exclusion

Karlysymon

Superstar
Joined
Mar 18, 2017
Messages
5,837
A thread for CBDC-related news. For everyone presently living off the system...as in your digital ID isn't yet logged in a system somewhere...this is how they'll force everyone onto/into the system. Touted as a system of financial inclusion, it's more about financial exclusion or economic throttling.
Given the above video, i wonder what event is going to happen inorder to blow up retail banking sector thus paving the way for CBDCs.
 

Karlysymon

Superstar
Joined
Mar 18, 2017
Messages
5,837

loginine

Established
Joined
Jan 20, 2021
Messages
208
What they will do is create the chaos (c0v1d, other future events) and then crumble the financial sector to bring in the great reset. Then they will bring in CBDCs as the solution and control every transaction on the blockchain. There will be the ability to require a mark to buy or sale.
 

TempestOfTempo

Superstar
Joined
Jan 29, 2018
Messages
7,351
What they will do is create the chaos (c0v1d, other future events) and then crumble the financial sector to bring in the great reset. Then they will bring in CBDCs as the solution and control every transaction on the blockchain. There will be the ability to require a mark to buy or sale.
What of the nations that go against that agenda? Perpetual conflict such as was illustrated in 1984?
 

Sibi

Star
Joined
Aug 11, 2021
Messages
1,207
India is launching its digital currency next month
India plans national digital currency plus a ban on ‘private’ crypto-cash
India has signaled it intends to create a digital version of its currency. The Lok Sabha - the lower house of India’s Parliament – last week issued a bulletin listing bills it will consider in its next sitting. The bulletin lists “The Cryptocurrency and Regulation of Official Digital Currency Bill, 2021” and says its purpose is: “To create a facilitative framework for creation of the official digital currency to be issued by the Reserve Bank of India.”​
“The Bill also seeks to prohibit all private cryptocurrencies in India,” the bulletin says.​
 

Sibi

Star
Joined
Aug 11, 2021
Messages
1,207
Jamaica
Crypto Twitter is not happy with the name and logo of Jamaica’s CBDC
The Jam-DEX is named after the Jamaican Digital Exchange following a competition. Its slogan is “no cash, no problem!”


Mexico
Bank of Mexico Plans to Launch its CBDC
"The Bank of Mexico plans to launch its own central bank digital currency (CBDC) and Mexico’s private banking is willing to support the issuer in this project. However, it must first convince the 85% of Mexicans who still use cash about the benefits of electronic money."​

Zimbabwe
Ceteris Paribus: The concept of CBDC

"Central bank digital currencies (CBDC) are fast gaining traction the world over, including in Zimbabwe. The Reserve Bank of Zimbabwe, in its latest Monetary Policy Statement released this February, reverberated its preference for a central bank digital currency to cryptocurrencies, as it now explores the viability of adopting a Zimbabwean CBDC."​
 

TempestOfTempo

Superstar
Joined
Jan 29, 2018
Messages
7,351
Jamaica
Crypto Twitter is not happy with the name and logo of Jamaica’s CBDC
The Jam-DEX is named after the Jamaican Digital Exchange following a competition. Its slogan is “no cash, no problem!”


Mexico
Bank of Mexico Plans to Launch its CBDC
"The Bank of Mexico plans to launch its own central bank digital currency (CBDC) and Mexico’s private banking is willing to support the issuer in this project. However, it must first convince the 85% of Mexicans who still use cash about the benefits of electronic money."​

Zimbabwe
Ceteris Paribus: The concept of CBDC

"Central bank digital currencies (CBDC) are fast gaining traction the world over, including in Zimbabwe. The Reserve Bank of Zimbabwe, in its latest Monetary Policy Statement released this February, reverberated its preference for a central bank digital currency to cryptocurrencies, as it now explores the viability of adopting a Zimbabwean CBDC."​
AMLO better confront this...
 

Karlysymon

Superstar
Joined
Mar 18, 2017
Messages
5,837
A thread for CBDC-related news. For everyone presently living off the system...as in your digital ID isn't yet logged in a system somewhere...this is how they'll force everyone onto/into the system. Touted as a system of financial inclusion, it's more about financial exclusion or economic throttling.
Given the above video, i wonder what event is going to happen inorder to blow up retail banking sector thus paving the way for CBDCs.
Okay, so the vaccine passport is the digital ID. And the CBDCs, as digital money, are going to be ID-based.
WEF document
1654045528822.png

1654045499172.png

"While none of that may sound controversial upon first reading, it’s worth considering the wider picture. What CBDC research and experimentation appears to be showing is that it will be nigh on impossible to issue such currencies outside of a comprehensive national digital ID management system. Meaning: CBDCs will likely be tied to personal accounts that include personal data, credit history and other forms of relevant information."

If you aren’t logged into the system yet because you refused to take the vaxx, you better have some serious contingency plan because it increasingly looks like your participation in societal commercial transactions hangs in the balance.
1654045828399.jpeg
 

Karlysymon

Superstar
Joined
Mar 18, 2017
Messages
5,837
For now, we are being told that the CBDCs are going to be sovereign money. That there’ll be a digital yuan, digital dollar, etc but at the same time, moves are being made to dissolve national sovereignty. If countries relinquish their sovereignty, does the currency in use in a particular jurisdiction remain sovereign? Ofcourse not. This is just a step away from a one world currency, controlled from a central source and it’s not like we weren’t told about the big plan decades ago, so why is the Economist playing it up that CBDCs will be sovereign currencies?

1654046132191.png

30+yrs later
1654046440380.png

 

TempestOfTempo

Superstar
Joined
Jan 29, 2018
Messages
7,351
For now, we are being told that the CBDCs are going to be sovereign money. That there’ll be a digital yuan, digital dollar, etc but at the same time, moves are being made to dissolve national sovereignty. If countries relinquish their sovereignty, does the currency in use in a particular jurisdiction remain sovereign? Ofcourse not. This is just a step away from a one world currency, controlled from a central source and it’s not like we weren’t told about the big plan decades ago, so why is the Economist playing it up that CBDCs will be sovereign currencies?

View attachment 74995

30+yrs later
View attachment 74998

You are doing excellent work here, thanks for your efforts KS.
 

Karlysymon

Superstar
Joined
Mar 18, 2017
Messages
5,837

1654263132543.png

It's interesting to note that one of the excuses oft given for rolling out these kinds of measures or CBDCs is to "fight illicit activity". But don't the TPTB engage in illicit transactions? Case in point: The HSBC scandal (2011?)
 

DavidSon

Star
Joined
Jan 10, 2019
Messages
1,693
It's a few months old but good video from John Titus explaining the situation of "unsustainable" US debt and future of CBDCs:


"The Unholy Trinity of the U.S.—the Federal Reserve, BlackRock and the U.S. Treasury—all concur: it’s lights out for the U.S.

Unsustainable debt levels, check.
Runaway inflation, check.
Imminent loss of world reserve currency status, check.

These are the consequences of entrenched deficits, according to the criminal powers that be, as reflected in their documents and testimony.

What’s so astonishing about the imminent loss of world reserve currency status by the U.S. dollar is that the foregoing opinions were rendered BEFORE the Federal Reserve itself confirmed for all the world to see that the U.S. has no rule of law at all, but is instead ruled by out-of-control bankers who acted on what will prove to be a fatal whim by freezing Russian reserves without so much as the pretense of due process; the Fed just upped and did it, despite the fact that all monetary instruments in the U.S., regardless of who they belong to, are legal instruments.

Incredibly, the same Fed Chairman who presided over this idiocy then turned around and testified before congress that world reserve currency status HINGES ON the very thing he just destroyed, which was the rule of law.

And yet throughout this entire nuclear clown show, nowhere in any official discussion of what ails the U.S. does one find any discussion whatsoever of the actual root of the problem, to wit, a monetary system in which the nation-state host is now borrowing money from its lead parasite (the Fed) at interest, as opposed to bypassing that tapeworm and issuing money itself, ever addressed. Instead, the Unholy Trinity freely opines that the only remedy for the country’s ills is to work enormous austerity and tax increases on its inhabitants. The good doctors, in other words, are telling the stage 4 cancer patient that his only hope now is to subject himself to the massive atrophy of chemo treatments, but with the cancer itself shielded off from the radiation.

Meanwhile, the sedated patient is subjected to the full-on looting by more QE (inevitable) and a wild array of grotesque distractions, not one of which has the slightest chance of changing the inevitable outcome of the U.S. debt-based monetary system from its inevitable demise now that the country is past the point of no return with debt levels.

These and other cheerful topics are discussed herein."
 

Karlysymon

Superstar
Joined
Mar 18, 2017
Messages
5,837
After the 2008 crash, there were many times when warnings were sounded within the conspiracy community that "a crash is coming in weeks/months". Obviously, they never actualized and now i think i understand why. Ofcourse, TPTB could have unplugged the system in 2012 or 2015 or 2018 but they didn't because the system/infrastructure they wanted to install as a replacement wasn't yet ready. Smartphone use proliferated circa 2011/2012, Gates & DARPA were pouring money into mRNA research around the 2010-2013 time period etc. It just wouldn't have made sense to crash the system then when you don't have the digital ID and CBDC platforms ready for roll out....aswell legislation in place that supports the whole thing.

1654379569524.png
 
Top