Islamic finance in the Mideast is emerging as a global leader in financing for Green Economy, or Sustainable Development (aka Technocracy), and its entry into blockchain cryptocurrency is not surprising. Islam and Sustainable Development are compatible on many levels.
Fintech & Blockchain
The U.S. is quietly clamping down on crypto-currencies, which goes hand-in-hand with the global war on cash. As terrorism is always the target, whatever gets classified as terrorism is an immediate target.
A day of reckoning is approaching for rogue forms of money like digital blockchain currencies, when they run head into the global banking cartel. While the Bitcoins of the world are proving a point, global Technocrats have no intention of releasing their current hold on economic and monetary transformation.
Launched over a year ago, China’s satellite has now demonstrated quantum key distribution to the ground, potentially giving it control over the global communication network. This technology will undoubtedly dovetail with its ambitions to create a dominating global blockchain currency, because it will be “un-hackable”.
China is the purest expression of Technocracy on the planet, so it is little surprise that it is leading in implementing a digital blockchain technology to run its governance operation. Central banks around the world are already studying blockchain technology for ways to gain greater dominance over citizens.
Cash is the only economic check and balance against tyranny; once cash is removed, whoever controls the digital monetary realm, controls everything. Forcing everyone into the digital matrix is a core tenet of Technocracy.
Brandon Smith is one of the first to suggest that the global banking oligarchy appears headed toward a single digital currency that resembles Bitcoin. I fully concur that this is the primary reason for removing physical cash from societies around the world. First, it forces everyone into the digital system and second, it paves the way to convert all the digital currencies into a single currency. Lastly, I fully expect that energy will be the touchstone regulator of the entire system.
The war on cash is global as Central Banks cram it down the throat of their respective client-nations. The contagion is the infamous Bank for International Settlements (BIS) that is the central bank to central banks and the mastermind of global monetary policy. To implement Technocracy (aka Sustainable Development), the global monetary system must be digital and there must be no holdouts. Thus, eliminating cash will force everyone into the banking system 100%. The mantra of ‘no person left behind’ is seen in all United Nations documents that support Sustainable development.
The plea for cashless society is always preceded by glowing benefits. China is the world’s largest and first big model of Technocracy, and as an authoritarian state, it can force whatever it wants down its citizens throat. A dictatorship is always the shortest path to Technocracy, and even in 1933, early Technocrats called for FDR to declare himself dictator in order to summarily implement it. Those who do not understand Technocracy cannot recognize China as anything other than a Communist dictatorship.
Bribery by any other name is still bribery, especially when we already know that the global elite are stampeding to a cashless society. Technocracy cannot be established except that ‘no person is left behind.’ Without cash everyone is forced into the system if they merely want to survive in the intended new world order.