CBDC

CBDC, Fintech & Blockchain December 23, 2024

BIS Proposes Hybrid RETAIL CBDC Model

The BIS is still pursuing a retail version of CBDC, where your cash (crypto, not dollars) is held on account directly by the Central Banks, bypassing the commercial banks, making them obsolete. This could wipe out the existing bank system worldwide and put everyone's fate into the hands of the BIS - the global bank for a global Technocracy.

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CBDC July 3, 2023

CBDCs: Expiration Dates, Restrictions On Spending For Social Engineering

Anyone who understands historic Technocracy from the 1930s would immediately recognize "currency that expires" as a key element of a Technocrat-run economy. CBDCs extend the concept to include programmable features that force holders to spend according to a socially engineered dictate. This smacks of Technocracy, not socialism, communism or fascism.

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