How the Global CBDC actually works in detail and why it is a total nightmare - stop the one world currency - this is the end of humanity

I don't know how we block it, but it must never be allowed to see the light of day. George in the video says the normies will be fooled into embracing it and then it will enslave us all over time. This is worth risking dying for to stop it. It is the end of all freedom.

Sorry, can't help - too busy reading twitter and instagram

scary shit, must be opposed

Once it gets rolling, it's like trying to put toothpaste back in the tube. Social credit, Digital ID, CBDCs are trash.

WEF's statements might give a clue. They had a "cyber pandemic" exercise called Cyber Polygon, much like their "viral pandemic" exercise Event 201 right before Covid. Cyber Polygon essentially had financial institutions going down along with the internet in pockets.

Reading between the lines a little, the plan might be to empty people's bank accounts or reset everyone's balances to zero. It'll be a nightmare for some people. Banks could fail, people could lose a shit ton of money. I suspect they'll introduce a form of UBI via CBDCs to credit people back some of their lost funds. Or they'll introduce it with incentives much like they did with the covid vaccine. I'm just speculating here, but they're definitely going to Problem Reaction Solution people into begging for it like they did with the Covid Vaccine.

Sigh.

Watched it all, it sounds great for honest hard-working people. It has given me some ideas to think about implementing and improving upon.

They try hard people is getting pissed about the money.

They saw the branch they were sitting on in the meaning that this does not play a role anymore.

Lack of fantasy, who has killed it.

What network will this near future tech run on? (Must be in beta tests) - Stellar

Redo the video based on the network running the new fintech is accessable through flip phone and begins in the BRICS nations and third world. (Mojaloop)

How does it change the equation to know spaceforce will be the auditor of the unified ledger?

cbdc-danger

WEF is pure evol

Dude it has already been scrapped-was supposed to be out by July 1 and it isn't coming

It's coming. We must resist.

That's nice.
Kill them all.
Now.

cbdc actualy work on demons

Thread: The Commodification of Humanity: The Fourth Industrial Revolution and the Global Technocratic Takeover

well if your forefathers haven't ended the privately Rothchild owned Federal Reserve, then sure as hell this modern pussified dying boomer and younger generations won't do anything

and you slavish subjects will just swallow everything thrown

at you, the rest will end in reeducation :fempa: camps

Breaktime is over Kamela

cbdc=slave

and dollar is what exactly than that

lol

Not going to happen.gold is fully in place and waiting. Starting thru Brjcs

I know this to be fact

Just wait until they see our collective internet bitching! That'll show them! They'll tuck tail & run and put us back on the gold standard ASAP!

Internet bitching.....it's as safe & effective as the covid vaccines!!!

facepalm.exe

Dude, when the WEF stooges tell you, repeatedly, that you will own NOTHING, how exactly do you think they are going to implement that?

what if the CBDC will be introduced NWO style World wide

just that it will be in each respective currencies

afterall is a tool to usher in enslavement of the useless plebs through currency control and manipulation, where you'll be banned from getting your well earned money from salaries

if your CHINESE SOCIAL CREDIT SCORE MERGED WITH THE CARBON FOOTPRINT ID FINGER PRINT WILL BE TOO LOW

DOH

They think all people is slaves.People will break them neck

you didn't get my point, dollar is a softer version of financial enslavement, since it's printed out of thin air by the Rothchild owned Federal Reserve, which loans the money to the Governments and taxpayers pay high interests on those fake, printed moneyz and loans

with CBDC of course they'll perfectly execute the system, see my above reply

i know what's the end goal

no one has explained what the incentive is to use it?

why would i use it?

of course if the American founding fathers would eliminate the FED, where dollar lost more than 99% of its value since the introduction of the Federal Reserve Act

we wouldn't be in financial crisis today and talking about further fiscal and financial enslavement with CDBC

otherwise

Adopting a CBDC would have two potential monetary policy benefits. The most significant is the potential for interest rates to no longer be constrained by the zero-lower bound (ZLB), assuming that a CBDC could pay negative interest and paper currency were eliminated. As a consequence, the Federal Reserve could reduce interest rates as far as needed in the event of a deflationary spiral. In addition, a CBDC that paid interest could increase Fed control of interest rates, especially when the FOMC eventually decides to tighten monetary policy by lifting interest rates above zero: If everyone had access to the CBDC, no one would lend at less than the CBDC interest rate.

On the monetary-policy cost side, a CBDC could lead to rapid and huge reductions in reserve balances (the deposits of commercial banks and other depository institutions at the Federal Reserve) when there is a flight to quality, driving up money-market interest rates and potentially destabilizing financial markets. To prepare for such swings in reserve balances, and to accommodate the potential demand for CBDC, the Federal Reserve would have to maintain a much larger balance sheet in normal times than it does now, possibly more than one-third of GDP. If investors in banks and other corporations shifted into CBDC in stress periods, the Fed would also need to replace the lost funding by lending potentially huge sums to banks and nonbank financial institutions, while purchasing correspondingly huge amounts of government and private securities. Also on the cost side, negative interest rates on cash may also result in a public backlash.

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