Digital Tyranny Has Arrived: Central Bank Digital Currencies Are the Vehicle for Digital Human Concentration Camps

  "If you can take every person to a digital concentration camp, empty their bank account whenever you want and tell them what they can...

 

"If you can take every person to a digital concentration camp, empty their bank account whenever you want and tell them what they can and can't spend money on, you have total control over those people."

"Central bank digital currencies remove the privacy and decentralized nature of physical cash." "It creates an environment where central banks have complete control over every aspect of a citizen's financial life."

 

The White House on Friday released a "comprehensive framework" attacking decentralized cryptocurrencies while promoting a US government-controlled central bank programmable digital currency (CBDC) , according to an official press release .

Agencies selected to lead the ongoing task force to research and potentially develop a CBDC include the Federal Reserve, the National Economic Council, the National Security Council, the Office of Science and Technology Policy, and the Treasury Department.

CBDCs are digital currencies issued directly by the central bank of a nation-state and serve as legal tender.

Crucially, CBDCs are controlled by governments and therefore represent the opposite of the ideas - decentralization, open source software, permissionless, peer-to-peer transactions - that made Bitcoin and other cryptocurrencies such a revolutionary technology.

As you can guess, CBDCs will be linked to user IDs and digital identities, which will allow full state surveillance and eliminate any possibility of financial privacy.

According to the Atlantic Council 's Central Bank Digital Currency Tracker , 112 countries, representing over 95% of global GDP, are exploring a CBDC.

1 1 countries have already launched a digital currency, including Nigeria and several Caribbean countries.

14 countries are testing pilot programs, including South Korea, Thailand, Saudi Arabia, Sweden and China, which is set to expand use of the digital yuan in 2023.

Anthony Pompliano , an American businessman, investor and Bitcoin evangelist , wrote last March that: "central bank digital currencies will be one of the biggest human rights abuses in history".

"Central bank digital currencies remove the privacy and decentralized nature of physical cash," Pompliano explained. "It creates an environment where central banks have complete control over every aspect of a citizen's financial life." "These central bankers will be able to see what's in your bank account, who you're doing business with, what you're buying, and anything else that's weird." about your financial life," he wrote . "This complete transparency with the state removes all elements of privacy, while at the same time giving institutions the ability to censor all transactions, regardless of whether they have a legitimate reason to or not."

Pompliano's comments echo those of Minneapolis Federal Reserve Bank President Neel Kashkari , who, speaking at a panel hosted at Columbia University, said he has no idea what problem centralized digital currencies solve for American citizens.

"What can a CBDC do that Venmo can't?" Kashkari asked. "Well, I can understand why China would do that."

"If they want to track your every transaction, charge negative interest rates or directly tax customer accounts," he said. "You can do that with a central bank digital currency, you can't do that with Venmo."

Robert Kiyosaki, author of the personal finance book "Rich Dad, Poor Dad", has strongly criticized the idea of ​​introducing CBDCs.

Kiyosaki referred to Executive Order 14067 signed by the Biden White House in early March, which defined the administration's position on creating a CBDC as the "most treasonous act in US history" in a tweet he posted on July 17.

Furthermore, Kiyosaki went so far as to state that the establishment of CBDCs is "communism in its purest form".

Jim Rickards made his most important announcement today. It's about the most treasonous act in US history Biden's Executive Order 14067. It's communism in its purest form, the creation of CBDC Central Bank Digital Currency. Stay awake. Tune in to Rickards. Tune out Biden Take care

— therealkiyosaki (@theRealKiyosaki) July 18, 2022

Imagine these scenarios:

• 
  You spoke out against children's masks at your child's school board meeting. The purchase was rejected.
• You have exceeded your vehicle's weekly mileage and exceeded your CO2 emissions limit. The purchase is rejected.
• You posted private messages on Facebook questioning the integrity of the last election. Refusal to buy.
• You didn't take the last injection of Pfizer's mRNA gene therapy. Refusal to buy.
• You defied lockdown protocol and traveled outside your quarantine zone. The purchase is rejected.

All this will be possible because CBDCs are programmable.

For example, China's digital yuan can be scheduled to activate on a specific date, scheduled to expire on a specific date, scheduled to only apply to certain markets, and, as a threat, scheduled to be available only to citizens who meet certain conditions.

Central banks can thus influence and control the behavior of the recipients of this centralized digital currency, as well as exclude those they want to punish from participating in the financial system.

These CBDCs will be linked to digital identities, which will be linked to vaccine passports, carbon footprints and a social credit system similar to that implemented in China.

In fact, the whole compulsion surrounding the implementation of vaccine passports and digital identities appears to be a pre-planned stepping stone to the spread of central bank digital currencies and global social credit systems.

This top-down control fits with the green energy movement, which is designed to produce energy scarcity within a digitally controlled smart grid that will link electricity, natural gas and energy use with digital identities the citizens.

Catherine Austin Fitts, former assistant secretary of the United States Department of Housing and Urban Development, said in a recent interview : "All this clean energy is designed to produce an all-electric system, which will allow them to create a fully digital trading system that will give them digital control".

"The energy will be top-down, and then you'll put sensors and chips on everything that moves in America," he explained.

"If you can take every person to a digital concentration camp, empty their bank account whenever you want, and tell them what they can and can't spend money on, you have complete control."

If your government approves a CBDC, every doctor you visit, every meal you eat, every trip you take, every purchase you make and every dollar you hold will be tracked, in real time, by your government, for the rest of your life .

Central bank digital currencies are the next frontier in the fight for freedom and this is a conversation that needs to start now because centrally controlled digital currencies are coming in a big way.

Without global awareness, central banks will weaponize money against humanity and commit the greatest violation of human rights we have ever seen, and citizens will cheer them on while doing it.

Source: Kanekoa The Great

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