Biggest Threat To Financial Freedom is CBDC

[palehorse]

Posted by Matthew (here)
"PREPARE Yourself!! Digital ID & CBDC Are Closer Than You Think!!"
by Coin Bureau

Coin Bureau talks about CBDC and how it's got a foothold in Nigeria.

Thanks, after banging my mind around this issue for quite sometime now, I think that even when they "officially" run out the digital ID + CBDC it will probably be just like the vaccines, they said it was "mandatory" but many many (40 or 30% maybe?) didn't take it and we still here functioning.

This does not mean I am not concerned because I am, and they may turn things quite harsh for those that opted out, but again we do just like we did when vaccines was mandatory, right.. what could possibly go wrong except denying of services?


Another thing he speaks around @18:30 is about adoption does not mean using it. If it is mandatory in order to get the basic services fully working, then just use it for what really is necessary, all the rest ditch it.. use cash/crypto/barter/trade/whateve just don't run all our money through the belly of the beast.

[palehorse]

CBDC is live in Brazil, here is a live video will start in aprox. 3 hours

PT: LIVE BC #12 - Drex: fatos, fakes e todas as duvídas sobre a moeda digital.
EN: LIVE BC #12 - Drex: Facts, fakes and all doubts about the digital currency.

Source: https://youtube.com/watch?v=GCGbbA5o6mI

It is called DREX (Digital Real Electronic X <--- because X is in ****ing everywhere and it means modernity/fancy/etc)
Here is the official page
https://www.bcb.gov.br/estabilidadefinanceira/drex

It will be tested as a pilot project by a few big corpos in Brazil, and if pass all tests it will be used in retail by the end of 2024 as there plans says.

and an article here:
https://medium.com/blockful/central-...x-a50f55371e12

[gord]

This one, opencbdc, at MIT's Digital Currency Initiative seems to be connected to the Federal Reserve Bank of Boston, the Bank of England, and the Bank of Canada

[gord]

Rep. Tom Emmer has introduced a bill to ban the Federal Reserve from creating a central bank digital currency. "A CBDC is nothing more than a CCP-style surveillance tool that can be weaponized to oppress the American way of life," the Minnesota congressman said in remarks he made after introducing the CBDC Anti-Surveillance State Act.

Majority Whip Tom Emmer at Leadership Stakeout | September 13, 2023

Source: https://youtube.com/watch?v=nFl6KP7ZGl0

[ExomatrixTV]

• Central Bank Digital Currency Gets BANNED by House GOP!:

Source: https://youtube.com/watch?v=7MmuQfr4s5E

[ExomatrixTV]

Nigeria gives up on its deeply unpopular CBDC.

It’s not inevitable. None of it is inevitable. Hold the line.

In a nationwide referendum, 99.5% of Nigerians rejected a CBDC. But they forced it anyway.

Leading to nationwide unrest as physical cash was cancelled and the poor had to resort to barter and using yams and matchsticks as money.

The government finally gave in.

dutch 🇳🇱 (+ Multi-Language Options). 🦜🦋🌳

[ExomatrixTV]

• source video

[onawah]

CBDC Failed: Congress Is Banning CBDC With Massive Support
Lena Petrova, CPA
10/2/23
178K subscribers

Source: https://youtube.com/watch?v=3PAu7thGgmA

[ExomatrixTV]

• Former WEF "Young Global Leader" reveals what the CBDC will look like:

The technology for the CBDC, central bank digital currency, could already be rolled out in 2015, but they waited a while before doing so. This is what Professor Richard Werner, former Young Global Leader of the World Economic Forum and now whistleblower, said in conversation with Ivor Cummins.

What does such a CBDC look like? Nobody talks about that. Initially, the digital currency can be used via an app on your phone.

• Microchip under the skin

The ultimate goal, according to a central banker Werner spoke to, is a microchip the size of a grain of rice that they want to place under your skin.
They realize that many people do not want that and that is why, according to the professor, there are suddenly so many billionaires who are in favor of a universal basic income.

• Tacking

The problem: unemployment, crises. The solution: basic income. You receive 2,000 euros every month, but you must use the latest technology, i.e. an implanted CBDC chip.
Werner expects that many people will agree if they receive 2,000 euros a month.

• dutch 🇳🇱 (+ Multi-Language Options). 🦜🦋🌳

related:

• Does the world need Universal Basic Income?
• Universal Basic Income - Pros / Cons

[ExomatrixTV]

• UNDP Releases "Digital ID Governance" Framework

[norman]

This may not be exactly the best thread for this but it's the same ball park.

Key takeaways from the IMF-World Bank meetings
PUBLISHED SAT, OCT 14 2023


U.S. Secretary of Treasury Janet Yellen arrives for a bilateral meeting on the third day of the International Monetary Fund and World Bank annual meeting, in Marrakech, Morocco, October 11, 2023.


Overshadowed by fresh Middle East violence and hosted by a country still recovering from an earthquake, the week-long annual meetings of the International Monetary Fund and World Bank wrapped up on Saturday.

Discussions in the Moroccan city of Marrakech ranged from the prospects for a world economy weighed down by debt, inflation and conflict to the growing wealth gap between rich and poor countries and floundering efforts to tackle climate change.

Here are the main takeaways:

‘Limping economy’

The new IMF outlook - signed off before the escalation of the conflict between Israel and Hamas - sees global economic growth slowing from 3.5% last year to 3% this year and 2.9% next year, a 0.1% point downgrade from a previous 2024 estimate.

Global inflation is seen dropping from 6.9% this year to a still-high 5.8% next. Central bankers signaled readiness to end interest rate hikes if events allow, hopeful that inflation can be finally tamed without too hard a landing.

Most agreed it was too early to say how Middle East strife would affect a global economy which IMF chief economist Pierre-Olivier Gourinchas described as “limping along, not sprinting”.

Debt squeeze

The heavy debt burdens of advanced economies — from the United States to China and Italy — was a recurrent theme in the meetings, which came after financial markets in recent weeks pushed U.S. bond yields higher. Italian central bank governor Ignazio Visco said there was an impression markets were “reevaluating the term premium” as investors become more nervous about holding longer-term debt.

JPMorgan chair of global research Joyce Chang put it another way. “The bond vigilantes are back, and the Great Moderation is over,” she told a panel of the two-decade era of relative economic calm before the 2008/09 financial crisis.

One policy area where this could have a knock-on effect is the fight against climate change. Vitor Gaspar, head of the IMF’s fiscal division, warned current subsidies-based policies were failing to deliver net zero emissions and that scaling them up would explode public debt. “Countries will need a new mix of policies with carbon pricing at the center,” the Fund concluded.

Debt deals and reforms

Looking beyond the major developed economies, higher policy rates, a strong dollar and geopolitical uncertainties are adding to challenges for the rest of the world.

Turkey was in the spotlight as Finance Minister Mehmet Simsek pitched its reform plan. “The biggest structural issue is to bring inflation down. And they’re working on it,” said Murat Ulgen, Global Head of Emerging Markets Research at HSBC.

Kenya is looking to avoid slipping into debt distress and its central bank governor told Reuters it plans a buyback of a quarter of its $2 billion international bond maturing in June - pushing its 2024 bond up 1.2 cents on the dollar.

One debt restructuring deal emerged: Zambia finally agreed a debt rework memorandum of understanding with creditors including China and France.

Progress on Sri Lanka was less clear. Sri Lanka said on Thursday it reached an agreement with the Export-Import Bank of China covering about $4.2 billion of debt, while talks with other official creditors are stalling.

Risks skewed to the downside

High interest rates will put some borrowers in more precarious positions, the IMF warned in its Global Financial Stability Report. Around 5% of banks globally are vulnerable to stress if those rates remain higher for longer, it estimated, and a further 30% of banks — including some of the world’s largest — would be vulnerable if the global economy enters a prolonged period of low growth and high inflation.

Jostling for influence

The Ukraine war, growing trade protectionism and tensions between the United States and China are all making consensus-building tougher: In the end, there was not enough agreement to issue the usual final communique at the end of the meetings.

There was much talk ahead of Marrakech on revamping the IMF and World Bank to better reflect the emergence of economies like China and Brazil. A U.S. proposal to boost IMF lending power but save a review of shareholdings in the fund till later won broad support. A pact announced on Saturday spoke of a “meaningful increase” in quotas by end-2023 but gave few other details. Anti-poverty groups were skeptical of what had been achieved.

“The big theme this week is G-7 countries papering over the cracks of shattered promises,” said Kate Donald, Head of Oxfam International’s Washington, D.C., office. “Despite the wringing of hands about the billions of dollars needed to tackle poverty and climate breakdown, there has been no sign of new money.”

[norman]

ECB's Lagarde: "The digital euro is on the move."


https://t.me/disclosetv/12248

[palehorse]

Posted by norman (here)
ECB's Lagarde: "The digital euro is on the move."


https://t.me/disclosetv/12248

The digital world is an extension of the analog one, and that is all it will ever be, in my point of view the digital whatever they bring up will always be backed by the analog. That means we the people can always pull the plug and shut down for good all this digital garbage and the best tool for that is boycott.

I just mean we the people we are deeply rooted in the physical world, the digital fabricated life can't change that. period.

[ExomatrixTV]

• dutch 🇳🇱 (+ Multi-Language Options). 🦜🦋🌳

[palehorse]

Posted by ExomatrixTV (here)

• Microchip under the skin

The ultimate goal, according to a central banker Werner spoke to, is a microchip the size of a grain of rice that they want to place under your skin.
They realize that many people do not want that and that is why, according to the professor, there are suddenly so many billionaires who are in favor of a universal basic income.

• Tacking

The problem: unemployment, crises. The solution: basic income. You receive 2,000 euros every month, but you must use the latest technology, i.e. an implanted CBDC chip.
Werner expects that many people will agree if they receive 2,000 euros a month.

• dutch 🇳🇱 (+ Multi-Language Options). 🦜🦋🌳

related:

• Does the world need Universal Basic Income?
• Universal Basic Income - Pros / Cons

thanks.

It seems the whole shebang is going to be voted in Europe in about 2 weeks.

Here some reference:
2019-1 CEF Telecom Call: eID & eSignature
Carlos Gómez / Michaël de Boer
DG CNECT H.4 e-Government & Trust





Source: https://www.rumble.com/video/v3t5ec7

[ExomatrixTV]

• Welcome to CBDCs: Fahrenheit 451 Becomes Reality as Sony Deletes Movies/Content Access from Servers:

[ExomatrixTV]

[ExomatrixTV]

[ExomatrixTV]

Malcolm Roberts, Australian Senator and member of One Nation, a much-maligned political party (including by me for many years!), presented to the Australian parliament, why the Digital Identity Bill must be opposed. Across the globe, governments are copy-pasting World Economic Forum policy, into national legislation. This is a dangerous move towards globalisation whereby national systems will be nothing more than a mascot whilst unelected private globalists will in fact be in power. We already see this with powerful entities with no qualification or experience on the subjects they speak of, being touted as experts via mainstream media.

• Read more on the issue of digital identity here:
• childrenshealthdefense.org/defender/bill-melinda-gates-foundation-investments-global-digital-id-system

Read what the World Economic Forum are planning for digital identity here:

• weforum.org/agenda/2020/11/legal-identity-id-app-aid-tech

and

• weforum.org/docs/WEF_A_Blueprint_for_Digital_Identity.pdf

• "1984: The Bill" - "The Trusted Digital Identity"

The Trusted Digital Identity Bill represents a watershed moment in Australian history.

We stand at the divide between a free, personal-enterprise future and a digital surveillance age in which the government sits in the middle of every interaction Australians have with each other and with the world.

Transcript:

As a servant to the people of Queensland and Australia, tonight I draw attention to a new government bill, the Trusted Digital Identity Bill 2021. This is no time for subtlety. The Trusted Digital Identity Bill represents a watershed moment in Australian history. We stand at the divide between a free, personal-enterprise future and a digital surveillance age in which the government sits in the middle of every interaction Australians have with each other and with the world. It achieves this in the same way China does, creating a digital identity that forms a central part of a person’s life. Call it a licence to live.

This bill removes the privacy protection currently preventing this exploitation and allows the government to keep one massive data file with everything the government knows about you and to sell that file to private companies overseas. Those companies can add your private sector data to build up a complete digital record of every Australian—everything: medical, shopping, whom we associate with, social security, veterans services, travel, web viewing, employment, our social media comments. Everything will go on the record and be available to any large corporation that can pay for access. We will each have to pay to access our medical records from that corporation. In Morrison-Joyce news speak, it’s a ‘human-centric digital identity’—sounds great, doesn’t it!

This has frightening ramifications for government and corporate control of everyday Australians. Policy documents attached to this bill promote digital identity as a benign housekeeping bill to fix antiquated and incomplete government databases ‘to save a few minutes filling out that government form’, they say. ‘This will reinvigorate the economy after COVID,’ they say. What the economy really needs is for the government to get the hell out of the way and let Australians lift ourselves up through our own hard work and enterprise—remove vaccine passports or, as I call them, digital prisons; ditch QR codes; stop spreading fear; and let the Australian spirit do the rest.

One Nation believes in technological advancements and in streamlining services. We would love to see a bill come forward to clean up the government’s databases and improve the online experience of Australians trying to access our own data. This is not what the digital identity bill does. Digital identity will do nothing to fix the government’s IT, yet it creates a crown-jewel scenario for hackers to steal not just one set of government data but, rather, personalised treasure troves. Far from safe, the Australian government’s is one of the most hacked databases in the world. This year, medical records became a highly sought after target. If you want to know the direction in which global policy is headed, watch what the hackers are trying to steal.

Another concern is vaccination. Digital identity links medical history with consumer purchases. What’s to stop a government locking out an uninjected person from the economy, as more than one state premier already threatens? It is a social credit system. We should not have to ask these questions, because the power should not exist. Digital identity represents the cornerstone in a larger World Economic Forum and United Nations campaign to implement a global digital identity system.

Why is the Morrison-Joyce government allowing the World Economic Forum to write Australian legislation? This bill is a copy-and-paste from the World Economic Forum’s Global Digital Identity Project—part of the digital transformation initiative. The Morrison-Joyce government brought this package to Australia, and this bill will start the World Economic Forum package’s implementation. It’s designed to shift the global economy away from private ownership and into what the World Economic Forum calls an ‘access model’—in other words, control. Australians have heard the slogan of the globalist Build Back Better campaign. You will own nothing and you will be happy. The goal of digital identity is life via subscription. Put simply, everyday Australians will not own assets like a house, car or furniture. Instead, they will rent these from corporations—corporations that the cabal owns—or, as the UN calls them, ‘corporate partners’.

When they talk about us having less, or living sustainably, or living in a closed-loop economy, what they mean is: we will have less—a lot less—so that billionaires can have more. It’s this principle that informed the Liberal Party’s billion-dollar Digital Economy Strategy 2030 which is reliant on the Trusted Digital Identity Bill. Indeed, the bulk of the supporting commentary around digital identity and the Digital Economy Strategy 2030 obsesses about how the government will be able to manage Australia’s economy onto a so-called sustainable path—a UN path.

For a glimpse into this future, we need only look at the food menus on display at the UN climate summit that the Prime Minister attended earlier this month. Each dish listed its carbon footprint, with a United Nations pledge to reduce the carbon footprint of every meal consumed across the world, including ours, every day. What happens when a government, obsessed with pursuing digital net-zero policies, decides to encourage people to reduce the carbon footprint of our food choices? We already know the UN is pushing vegetarianism and limiting red meat consumption to one mouthful per person per day.

The level of control this legislation provides to the UN is frightening. Instead of allowing businesses to seek out and explore natural market forces and people’s needs, digital identity is a tool to introduce a controlled economy under international direction, where implementing something like net zero can be mandated individually.

One Nation rejects providing more power to unelected, unrepresentative, unaccountable UN bureaucrats to control everyday Australians in what we can eat, where we can travel, how much water and power we can use, under the threat of being shut off from the ability to feed, clothe and house ourselves.

It’s evident that this policy robs businesses of control over their own future. The government will dictate each and every business’s future interactions with customers and suppliers. Small and medium businesses will have to contend with a massive technology overhead and be forced into an unfair David-versus-Goliath fight against large, incredibly well-informed businesses that are in the globalist information-sharing club. More Australian businesses will fall to foreign multinationals.

Digital identity is the end of personal privacy, anonymity, confidentiality, sovereignty and choice. Despite the bill repeatedly insisting that it offers a voluntary service to make life easier, it’s clear from the full documentation that digital identity will be made compulsory in the same way that vaccine mandates are now.

With this bill, once again, Prime Minister Morrison is trying to ban cash. One Nation was successful in striking the government’s cash-ban bill from the Senate Notice Paper last year, after public outrage. Cashless payments are popular, but the complete loss of cash opens up an entirely different conversation. Cash is a safeguard. When we have cash, we have purchasing power. A digital identity, though, could easily limit our individual purchases based on government or corporate policy. So, under this bill, cash has to go and, under this legislation, cash will go.

Australian banks have already voiced their interest in the Trusted Digital Identity Framework, saying it will allow them to create a rich view of their customers. Most people do not want banking institutions creating rich data maps of their personal and private information. This bill will allow banks to micromanage our spending in the name of whatever social justice cause banks are promoting. The design of the new payment platform that the Reserve Bank of Australia introduced in 2018 and forced on all Australian banks, allows for the addition of a digital identity. In fact, the basic architecture of the new payment platform was designed for a digital identity. Under the new payment platform, every transaction, every retail sale, interbank transfer, pay, online sale, all come through one central server. This allows the digital identity of each party to be checked and approved before the payment is finalised. Just how long have the World Economic Forum and the UN been planning this? For decades.

In China, a person’s phone controls their lives. The same thing has happened in Australia during COVID. Without a phone to prove our identity and to cough up medical data, citizens are excluded from society. The need to carry a phone at all times—charged and ready to offer their digital identity to buy something as simple as a cup of coffee—can be replaced with a wearable or an implantable chip. I can’t wait to see how they sell that! All forced at the start of a social credit system.

The Trusted Digital Identity Bill makes a wild claim that it will solve online fraud and protect businesses and customers. The government even put ‘trusted’ in the title, so it must be true! Anyone with any experience in online fraud knows this system will not solve fraud; it will likely make it worse.

The reason we have a Constitution is to enforce absolute boundaries to stop politicians taking liberties with our liberties. The behaviour of politicians during COVID has shown everyone how quick many politicians and bureaucrats were to abuse rights and to punish and coerce citizens into undergoing untested and unproven medical procedures. This bill will give premiers and the Prime Minister the power to take such action at any time. What a terrifying prospect! For this government, once the public understand how much we’re going to lose under the global reset, oppression becomes essential. This bill becomes the framework for that oppression. The Trusted Digital Identity Bill is a global surveillance and control mechanism that profit-hungry corporations and power-mad politicians drafted and crafted. It aims to introduce the total-control economy where citizens own nothing and have no freedom and no choices.

One Nation opposes this inhuman dystopian future that the United Nations promotes as the great reset, and we condemn this parliament for signing on to it. The only way to stop this monstrous plan is, at the next election, to throw out the globalist cheer squad—Liberal, Labor, Nationals and Greens parties—and develop a potent One Nation representation to hold government accountable and return parliament to serving the people of Australia.

VIDEO SOURCE: https://rumble.com/vrua1z-malcolm-ro...-identity.html


Source: https://www.rumble.com/video/vp83y3/?pub=ir01b

[Abondance]

https://www.armstrongeconomics.com/w...f-all-freedom/


The Forecaster, Martin Armstrong, have warned long time ago about all this s**t.

I follow his blog since many years, he's so amazingly correct in his predictions ( thanks to his AI Socrates and his Economic Confidence Model).
To discover if you don't know him.