Central Bank Digital Currencies are the Bullet Train to Digital Concentration Camps
“If you can move every human into a digital concentration camp, empty their bank account any time you want, and tell them what they can and cannot spend money on, you've got complete control."
The White House published a "comprehensive framework" on Friday attacking decentralized cryptocurrencies while promoting a U.S. government-controlled programmable Central Bank Digital Currency (CBDC), per an official press release.
As you can guess, CBDCs will be tied to user identities and Digital IDs, which will allow for total surveillance by the State and eliminate any chance of financial privacy.
According to the Atlantic Council’s Central Bank Digital Currency Tracker, 112 countries, representing over 95 percent of global GDP, are exploring a CBDC.
11 countries have already launched a digital currency including Nigeria and numerous Caribbean nations.
14 countries are testing pilot programs including South Korea, Thailand, Saudi Arabia, Sweden, and China which is set to expand its use of the Digital Yuan in 2023.
This top-down control dovetails with the green energy movement which is designed to produce energy scarcity within a digitally monitored smart grid connecting electricity, gas, and energy usage to citizens’ Digital IDs.
Remove the privacy and decentralized nature of physical cash,” Pompliano explained. “It creates an environment where central banks have complete control over every aspect of a citizen’s financial life.”
“These central bankers will be able to see what is in your bank account, who you transact with, what you purchase, and anything else they are curious about in your financial life,” he wrote.
“That full transparency with the state removes all elements of privacy, while also giving the institutions the ability to censor any and all transactions, regardless of whether they have a legitimate reason or not.”
Pompliano’s comments mirror those made by the president of the Federal Reserve Bank of Minneapolis Neel Kashkari who, speaking at a panel hosted at Columbia University, said that he had no idea what problem centralized digital currencies solved for American citizens.
“What is it that a CBDC can do that Venmo can’t do?” Kashkari asked. “Well, I can see why China would do it.”
“If they want to monitor every one of your transactions, impose negative interest rates or directly tax customer accounts,” he said. “You can do that with a Central Bank Digital Currency, you can’t do that with Venmo.”
Robert Kiyosaki, the author of the personal finance book, ‘Rich Dad, Poor Dad’ had scathing criticism for the idea of introducing CBDCs.
Kiyosaki referred to the Executive Order 14067 signed by the Biden White House in early March that established the government’s position on creating a CBDC as the “most treasonous act in U.S. history” in a tweet that he posted on July 17th.
In addition, Kiyosaki went as far as to declare the establishment of CBDCs to be “communism in its purest form.”
Imagine these scenarios:
You spoke up against masking children at your child's school board meeting. Purchase denied.
You exceeded your vehicle’s weekly miles and surpassed your carbon limit. Purchase denied.
You posted private messages on Facebook questioning the integrity of the last election. Purchase denied.
You did not take your latest Pfizer mRNA gene therapy shot. Purchase denied.
You defied your lockdown protocol and traveled outside of your quarantine zone. Purchase denied.
The future according to the World Economic Forum’s Klaus Schwab and the billionaires and bankers who back him.
“You’ll own nothing. And you’ll be happy ”.
Catherine Austin Fitts, the former Assistant Secretary of the United States Department of Housing and Urban Development, said in a recent interview, “All of this clean energy is designed to produce an all electrical system which will allow them to build an all-digital transaction system that will give them digital control.”
“Energy will be top-down and then you’re going to place sensors and chips on everything that moves in America,” she explained.
Central Bank Digital Currencies are the Bullet Train to Digital Concentration Camps