Fintech & Blockchain

The author is correct that "It's the totalitarian tip-toe," because there is no other way to use blunt force to summarily drop cash on a worldwide basis. However, the WEF's boast is mostly hot air. Only two countries, Zimbabwe and Nigeria, have officially launched a CBCD. Only a few countries have passed the "proof of concept" phase. Several countries have canceled their CBDC projects, including the Philippines, Kenya, Denmark, Equator, and Finland. Several large countries are in the pilot stage, including China, Russia and India.

It is currently illegal for the Federal Reserve t0 accept private accounts so U.S. law will have to change to accommodate the IMF's goal. Every piece of legislation from here on should be examined for sneak amendments. In the meantime, the IMF, BIS and UN are all working toward the same goal: global currency and digitization of humanity. It is not for the "good of humanity" but rather for its enslavement.

Only Technocrat globalists and their organizations are pushing for a universal currency and digital identity for all humans. This will cement their scientific dictatorship. Organizations include the Bank for International Settlements, United Nations, International Monetary Fund and others.

Individual CBDCs are coming together through interoperability. Now, the International Monetary Fund has introduced the Unicoin that may be the "master" key to the rest of CBDCs. CBDCs may still transfer peer-to-peer with other CBDCs but Unicoin could provide temporary and stable storage space when necessary.