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CBDC takeover: U.K. banks becoming obsolete as high street financial institutions shift to ONLINE transactions

July 31, 2023 -

According to Britain's largest cash machine network LINK, dozens of banks are closing their brick and mortar doors, including HSBC, Barclays, NatWest and Halifax. British tabloid newspaper TheSun reported that Barclays is closing 29 branches between now and the end of August, while NatWest is stopping operations on the 19th. Also, Halifax is shutting two branches while HSBC will discontinue serving customers by the 27th.

Evening Standard also reported that 5,162 bank and ...

CBDCs will be used to control and enslave people – but they’re also destined to fail

February 07, 2024 -

Many Americans are already wary of the amount of knowledge and control the government has over our spending habits, but that could get a lot worse when CBDCs come into play. Many governments realize how powerful they will be for redistributing wealth and controlling the masses.

This concept might have sounded a bit far-fetched even five years ago, but if the pandemic has taught us nothing else, it’s that the government won’t hesitate to use its power to control ...

Russia plans to start testing its digital ruble CBDC this summer

July 20, 2023 -

The Russian central bank reportedly plans to launch a test of the digital ruble involving 15 lenders. Businesses and consumers alike will be given the ability to open a digital wallet using the central bank's platform that they can access through Russian banks.

As a central bank digital currency, or CBDC, the digital ruble would be a centralized token whose value is tied to the country's fiat currency.

The digital ruble pilot comes against the landscape ...

Central banks planning to introduce CBDC microchip implants, warns top economist

July 18, 2023 -

"I was taught by a central banker [that] the CBDCs look like a small grain of rice that they want to put under your skin," said Richard Werner in an interview with podcaster Ivor Cummins. Werner is known for developing the now commonly used bank practice of quantitative easing.

CBDCs, in comparison to other forms of digital currency used at present, demand that individuals open bank accounts directly with central banks such as the Federal Reserve, granting ...

Only 16% of Americans would support adoption of CBDC, survey finds

June 22, 2023 -

This was according to a survey conducted by the libertarian think tank the Cato Institute in collaboration with market research and polling company YouGov, known as the "Cato Institute 2023 Central Bank Digital Currency National Survey." (Related: State legislatures are sneakily introducing amendments to laws that would pave the way for CBDC domination.)

According to the survey, just 16 percent of Americans support the adoption of a CBDC in the country....

Trump tells supporters he will “never allow” a CBDC if re-elected

January 22, 2024 -

Trump told a crowd of supporters in Portsmouth, N.H., that allowing a CBDC would "give the government absolute control over your money," which he described as "a dangerous threat to freedom."

"We are also going to put in place strong protections to stop banks and regulators from trying to de-bank you for your political beliefs. That will never happen while I am your president."

These words from Trump were uttered just hours after Rep. Jim Jordan (R-Oh....

Trump vows to prevent the Federal Reserve from creating an American CBDC

January 21, 2024 -

Trump made this announcement during a speech at a campaign stop in Portsmouth, New Hampshire, as his 2024 presidential campaign prepares for the state's first-in-the-nation primaries for the Democratic and Republican parties on Tuesday, Jan. 23. (Related: BIG BROTHER ALERT: CBDC projects around the world not installing privacy safeguards, British privacy organization finds.)

"Tonight, I am also making another promise to protect Americans from government tyranny," ...

Russian State Duma officially approves country’s very own CBDC, the DIGITAL RUBLE

July 23, 2023 -

The law, documented by the State Duma as Law No. 270838-8, was passed as part of a package of bills introduced at the end of December 2022 to usher in the new currency in Russia. Another bill integrating the digital ruble into the country's tax regulation and control system is currently working its way through the parliament.

The adopted law includes several key provisions to regulate the digital ruble and its platform. Notably, it clarifies that digital ruble accounts ...

DOLLAR DEMISE: Shift from dollar-based financial world to CBDC-focused system is IMMINENT

12 days ago -

However, capital immobility hindered trade among countries. Since encouraging free trade was one of the initial goals of the system, it was undermined by capital immobility, leading to the collapse of the Bretton Woods system.

The Burning Platform's economic and political writer Brandon Smith recently warned: "Think of world reserve status as a 'deal with the devil.' You get the fame, fortune, trophy dates and a sweet car for a while. Then one day the devil comes to collect ...

RIGGED: Brazil’s CBDC pilot program allows government to freeze funds, adjust balances at will

July 25, 2023 -

A blockchain developer by the name of Pedro Magalhaes, founder of the Web3 consulting firm Iora Labs, reverse-engineered the code behind Brazil's CBDC program, which led him to this shocking discovery.

Magalhaes was able to access the Application Programming Interface via the monetary authority on its Github account. And thus far, the Brazilian government has failed to offer any kind of explanation or response about the discovery.

"They tend to keep things ...

IMF “working hard” on new global CBDC platform to replace dollar and other national currencies

June 23, 2023 -

Right now, the various currencies of the world are, for the most part, already controlled by unelected, private central banking cartels. A new IMF CBDC, however, would unify them all into one cashless cryptocurrency that everyone will be forced to use in order to buy and sell.

"If we are to be successful, CBDCs could not be fragmented national propositions," Georgieva declared at a policy roundtable discussion with Bank Al-Maghrib in Rabat, Morocco about ...

CBDC will be used for ‘control,’ ECB president admits in vid chat with fake Zelensky

April 11, 2023 -

(Article by Luke Huigsloot republished from CoinTelegraph.com)

The video was highlighted by the breaking news account Watcher Guru on April 6 and generated a significant amount of social media chatter. In it, Lagarde cited a desire to not be reliant on an “unfriendly countries currency,” or a currency provided by a “private corporate entity like Facebook or like Google.”  She said she is “personally convinced that we have to move ahead” with the digital euro.

JUST ...

BIG BROTHER ALERT: CBDC projects around the world not installing privacy safeguards, British privacy organization finds

January 17, 2024 -

A CBDC is a blockchain-based digital form of fiat currency that is issued and managed by a national – or, in the case of the European Union, a supranational – central bank.

CBDCs draw significant inspiration from cryptocurrencies but differ in the aspect of decentralization. By their very nature of being managed by central banks, CBDCs are under the direct control of national financial institutions. These central banks can pass a variety of ...

CASHLESS DOWN UNDER: Australia gears up for CBDC rollout, with major banks banning OTC cash withdrawals

August 16, 2023 -

The Daily Mail named the four banks as National Australia Bank, Commonwealth Bank, ANZ and Westpac. While "special centers" will be designated to accommodate "more complex banking needs including cash," the overarching objective is to gradually eliminate paper money altogether. This, in turn, would nudge the public toward a fully digital monetary system.

The Australian government, in partnership with the Reserve Bank of Australia (RBA), has undertaken a comprehensive ...

James Grundvig of AMP News calls FedCoin garbage, says the Fed’s CBDC is nowhere near ready

July 26, 2023 -

This is according to recent reports regarding the status of the Fed's development of a CBDC. (Related: Only 16% of Americans would support adoption of CBDC, survey finds.)

While the introduction of a government-issued digital currency is on the horizon, many speculate that there will be significant delays. "The FedCoin is not ready," said James Grundvig of AMP News. "The FedCoin is coming, but it's garbage. The FedCoin is nowhere near ready."

Grundvig ...

CBDC in 2023: Federal Reserve planning to implement “FedNow” digital currency between May and July of 2023

December 16, 2022 -

Brannon Howse spoke with Rebecca Walser about the shift, which is right now being piloted in anticipation of a soon full release. Here is how the Board of Governors of the Federal Reserve System describes the FedNow Service:

"The FedNow Service will be available to depository institutions in the United States and will enable individuals and businesses to send instant payments through their depository institution accounts. The service is intended to be a flexible, neutral ...

IMF working to create a global CBDC platform that will let the globalists CONTROL your money wherever you are

June 26, 2023 -

This is according to IMF Managing Director Kristalina Georgieva, who claimed that such a platform would create the global infrastructure necessary to ensure the interoperability of settlement between digital currencies issued by different national banks and would avoid the underutilization of CBDCs.

"We are working on a principle of interoperability," she said during a conference in Rabat, Morocco. Such a concept would supposedly avoid the emergence of so-called ...

Reuben Yap: CBDCs let central banks CONTROL how people spend their money

August 10, 2023 -

He remarked that CBDCs give central banks "a lot of fine-grained control of how you should be spending your money." Yap continued: "To me, your money is your business. You should be free to spend your money as how you like it. It's your choice."

"Your independence is a very key part of who we are. It's not for the state to tell us how we spend our money."

According to the Malaysian co-founder of the privacy coin, CBDCs run contrary to how free ...

GLOBAL ENSLAVEMENT: G20 heralds launch of government-controlled CBDCs and digital IDs worldwide

September 22, 2023 -

The G20, currently under India's presidency, adopted a final declaration on the subject over the weekend in the Asian nation's capital. However, this decision naturally incited major anxieties given its potential as a mechanism through which governments can keep tabs on their citizens' spending habits and stifle opposition. According to the group, discussions are already underway to create international regulations for cryptocurrencies. However, many are alarmed by the potential ...

Poll: Americans don’t want a central bank digital currency

June 12, 2023 -

(Article by Adam Dick republished from RonPaulInstitute.org)

This result of the poll conducted from February 27 through March 8 in collaboration with YouGov is promising for Americans concerned about the threat a CBDC, which the Federal Reserve and big financial companies have been testing in preparation for its potential introduction, poses to freedom and privacy in America.

The poll results further indicate that, if Americans can be educated about the ...