Central Bank Digital Currency (CBDC)

! Under Construction !

The U.S. is about to undergo a massive financial, life-changing series of events in the very near future. On Thu, Mar 9, 2022, President Biden signed Executive Order 14067, titled “Ensuring Responsible Development of Digital Assets.” The financial community (banks, credit unions, credit card companies, etc.) are preparing to implement CBDC. Three bills (HR HR 1122, HR 3712 & S 887) have been introduced in Congress to stop it. Hold onto your seat belts.

Liberty Counsel Action | Mon, Jun 19, 2023 | Digital Currency’s Shocking Implications
Our White House is working to replicate the financial control that the Chinese Communist Party holds over its people. Right now, just a handful of congressional members are trying to stop Joe Biden.
We need YOUR HELP to stop Biden from implementing this deceptive “FedCoin” — a digital currency designed to replace cash and insert government control over your every transaction. Below we will reveal the shocking implications of so-called “digital currency.” It is worse than you can imagine.

Early information suggests we may learn more about the CBDC on Wed, Sep 20, 2023. Time will tell.

Infomercials

Side Note: I’m not advocating or endorsing their products and/or promotions. However, the information they provide may be of interest to you.

Weiss Ratings | US Government Docket No. OP-1670 | Exposes New Fed Power to Seize Control of US Bank Accounts. (Video | Transcript)

Rogue Economics | Distortion Report with Nomi Prins summarizes these events. It’s filled with a lot of information and includes a sales pitch at the end for their subscription. (Video (1 hr 5 min) | Transcript)

Stansberry Research | Beginning July 1, the release of FedNow could make you 3,050% on the U.S. dollar’s biggest innovation in 51 years | Days from now, Executive Order 14067 will roll out the first phase of a Gov’t-backed crypto that will open a historic investment opportunity. (Video) | Transcript)

Miscellaneous Articles

Libert Counsel | Wed, Dec 20, 2023 | Crypto and CBDC — The Critical Difference… | According to Brookings Institute, cryptocurrencies are “a form of payment that can circulate without the need for a central monetary authority such as a government or bank.” These technologies “enable people to buy, sell or trade” in total privacy with no government intermediary to snoop, stop, or control the transaction.
Central Bank Digital Currencies (CBDCs) use much of the same technology as cryptocurrencies, with one highly significant difference — they insert a government or central bank in the middle of every transaction, which creates fees and allows the go-between full access and control over every financial transaction, no matter how small.
As more and more people use cryptocurrencies, Joe Biden and globalist central bankers are rushing to create CBDCs with the federal government in control of your money.
According to blockchain security specialist Reuben Jackson, “Financial regulators are already worried about losing control over the money supply given the rising adoption of Bitcoin and other cryptocurrencies.” (emphasis added)
In other words, governments and central banks are exasperated by the financial privacy provided by cryptocurrencies.

Liberty Counsel | Mon, Nov 20, 2023 | This Is How A CBDC Will Be Forced On You… | Joe Biden isn’t the only world leader pushing a Central Bank Digital Currency (CBDC), nor is the Federal Reserve the only Central Bank conniving to replace cold hard cash with programmable digital dollars designed to track, trace, and control citizen finances.
On October 18, the European Central Bank announced it was in the “preparation phase” for implementing a CBDC on European citizens.

Kitco News | Fri, Sep 15, 2023 | Rep. Tom Emmer reintroduces anti-CBDC bill as the digital dollar debate heats up | (Kitco News) – U.S. House of Representatives Majority Whip Tom Emmer (R-MN) reintroduced his CBDC Anti-Surveillance State Act on Tuesday, a piece of legislation he said was designed to “halt the efforts of unelected bureaucrats in Washington, D.C. from issuing a central bank digital currency (CBDC) that dismantles Americans’ right to financial privacy.” | According to the press release, Emmer was joined by the bill’s 50 original cosponsors in reintroducing the legislation intended to block the Federal Reserve from issuing a digital dollar. They warned such a payment vehicle “could give the federal government the ability to surveil Americans’ transactions and choke out politically unpopular activity.” | Specifically, the CBDC Anti-Surveillance State Act – which was first proposed by Emmer in January 2022 and formally submitted to Congress in February – prohibits the Federal Reserve from issuing a CBDC directly to individuals, ensuring the central bank cannot transform itself into a retail bank able to collect personal financial data on Americans.

WND | Fri, Jul 28, 2023 | Klaus Schwab, WEF nailed for ‘importing’ China’s ‘Cultural Revolution’ into West | 80 years after Neville Chamberlain, ‘appeasement of brutal totalitarian regimes is back on the table’ | American and Western conservatives are sounding the alarm about the potential for a CCP-style “social credit system,” possibly enforced through a national digitized currency or “central bank digital currency” (CBDC), being forced on the public. The libertarian group CATO writes that in addition to potentially spelling “doom for what little financial privacy protections remain” for citizens, “a CBDC would provide COUNTLESS OPPORTUNITIES for the government to control citizens’ financial activity.” (Emphasis in original.)

Federal Reserve | Thu, Jul 20, 2023 | Federal Reserve announces that its new system for instant payments, the FedNow® Service, is now live

Federal Reserve | FAQ | What is the FedNow® Service?

The Epoch Times | Fri, Jun 30, 2023 | Expiry Dates, Restrictions Benefits of Central Bank Digital Currencies, Economist Tells WEF
Expiry dates and restrictions on “less desirable” purchases are some of the key advantages behind central bank digital currencies (CBDCs), according to an economist at a World Economic Forum (WEF) event.
“You could have … a potentially better—or some people might say a darker world—where the government decides that units of central bank money can be used to purchase some things, but not other things that it deems less desirable like, say ammunition, or drugs, or pornography, or something of the sort,” he said. “And that is very powerful in terms of the use of a CBDC, and I think also extremely dangerous to central banks.”

Federal Reserve | Thu, Jun 29, 2023 | Organizations Certified as Ready for the FedNow® Service

WND | Fri, Jun 9, 2023 | How the feds will control you by controlling your finances
Exclusive: Glenn Guest lays out realities of coming ‘Central Bank Digital Currency’

Liberty Counsel Action | Thu, Jun 8, 2023 | This Will Fundamentally Change Banking
The Biden administration is DESPERATE to see and control every penny of your money. The Central Bank Digital Currency (CBDC) is the best chance it has to take total control. And don’t be fooled — this desire for control is not limited to the Biden administration.
However, there are three bills in Congress to stop the government from targeting American citizens.
We can stop this serious threat to freedom if we speak up now. There are bills in Congress that will prevent the weaponization of CBDCs. Tell Congress to VOTE YES on HR 1122, HR 3712, and S 887 to protect Americans from Biden’s money grab!

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