The Dangers of digital identities and digital bank currencies

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State of Control - Documentary

Full Movie

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This documentary is about the dangers of a digital identity and digital central bank currencies (CBDC). It just premiered. The European Union and other globalist organizations are rushing to introduce digital identity and CBDC, which should make life easier, but critics say would mean the end of our freedom.

Proponents say, of course, that things will not go that fast, but the experts with whom documentary maker Benjamin Jonas van den Brink spoke say something else. “Several politicians told me that although we have a democratic system, this does not automatically mean that things that we all consider undesirable do not happen. That shows how powerful central bankers are who will issue the digital currency,” he said in blckbx today on Monday, November 21.

Van den Brink sought out both national and international experts for State of Control, such as whistleblower Edward Snowden, financial journalist Arno Wellens, investment banker Catherine Austin Fitts and SP Member of Parliament Mahir Alkaya. With their comments and criticism, they warn that innovations presented as improvements can quickly lead to a very far-reaching control society.

Dangers of CBDC

CBDC is digital money – similar to cryptocurrencies such as Bitcoin – that is issued and controlled by central banks. Where citizens can still make purchases anonymously with cash, this is impossible with a digital central bank currency, because every transaction is fully traceable. Moreover, the money can be programmed in such a way that it can only be spent on certain things. Geographical restrictions can also be imposed, with which it can only be spent in certain areas. Linked to a digital identity, these developments, according to critics, lead to a social credit system in which freedom and anonymity belong to the past.

State of Control is produced by Max von Kreyfelt’s Debunk Productions, who previously founded Café Weltschmerz.

Also on DG:

BIS and four central banks complete successful pilot of real-value transactions on cross-border CBDC platform

Bank of England launches plan for Central Bank Digital Currency

And more posts on CBDC

CBDC Digital Currencies: A Recipe for Global Slavery

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The Deep State, acting through institutions such as the Bank for International Settlements, is working to foist “Central Bank Digital Currencies” on humanity under the guise of safety, security, convenience, and social justice, but the real goal is abolishing privacy and implementing total control over the world, explains The New American magazine’s Alex Newman in this episode of Behind The Deep State. Once the system is in place, the war on cash will accelerate until everyone—the Deep State hopes—is forced to use the controlled digital currency systems. The Biden administration and the Federal Reserve, along with governments and central banks around the world, are working rapidly to bring this diabolical system into place—and the goal of “control” has been made clear by leading figures in this movement. It is critical that Americans resist. CBDC Digital Currencies: A Recipe for Global Slavery

See Also:

CBDCs | Central Bank Digital Currencies In 15 Minutes & 34 Seconds | "It Will Be Implanted UNDER YOUR SKIN." - Professor Richard Werner + Featuring: Carlson, Beck, C. Fitts, Kiyosaki, Agustín Carstens, Richard Werner & Ye

BitChute

BBC & Tony Blair provides insight into the level of Western arrogance

The Reset: When Will Globalists Attempt To Introduce Their Digital Currency System?

WHAT THEY JUST ANNOUNCED IS TERRIFYING! (DYSTOPIAN NIGHTMARE)

More nations rolling out digital IDs and making them mandatory for citizens to access bank accounts

The nation of Ethiopia has announced it will make the transition to mandatory digital IDs for all citizens, with the chief enforcement tool being the major banks. Using a World Bank-supported digital ID system with standards also approved by an eight-nation working group within the United Nations, all citizens of Ethiopia will need to have a digital ID in order to use banking services in the country by 2025.

This is just the latest evidence that banks are driving the digital identity agenda. We’ll break it all down in this article and show why digital identity must precede digital money in the reset to a completely digital global economy.

Full article

There is a global pushback against CBDCs; we CAN stop them

By Rhoda Wilson on August 21, 2023 Central bank digital currencies (“CBDCs”) are deeply unpopular with the general public and we have a chance of stopping them in their tracks, writes James Corbett. We’re already seeing a massive global pushback against the CBDC agenda. And this pushback is already causing the banksters to panic and pull back on their grand plan for world domination.

Banksters Running Scared

Yes, it’s safe to say that, on the CBDC issue at least, the momentum is not in the banksters’ favour. In fact, things are so bad that the establishment is now beginning to contemplate whether the mad dash toward CBDCs might just wake up the public to the whole monetary scam.

In a revealing op-ed in The Financial Times last month, Brookings Senior Fellow Eswar Prasad warned, “Central banks must not be blind to the threats posed by CBDCs.” After dutifully detailing all of the nifty features of programmable money that would-be world controllers can take advantage of (“imposing negative nominal interest rates to disincentivise saving,” for example), he then cautions the central banksters that their pretence of “political neutrality” might be exposed for the self-evident sham that it is if central banks start meddling in people’s everyday transactions.

Central banks could be viewed as political agents if their visibility into payment transactions is used for law enforcement or surveillance purposes. [. . .] Central banks already face threats to their independence, credibility and legitimacy. The more extensive the functionality of the money they issue, the greater the political pressures they will be exposed to. At a minimum, such innovations pose risks to the integrity of central bank money.

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From COVID to CBDC: The Path to Full Control

evident that (CBDC) will be that new system. Every indication is that CBDC’s arrival"...From COVID to CBDC: The Path to Full Control | The Epoch Times

CBDCs: The Ultimate Corruption Of Money

CBDCs: The Ultimate Corruption Of Money | ZeroHedge by Tyler Durden

Monday, Aug 14, 2023 - 04:40 PM

Authored by Josef Têtek via BitcoinMagazine.com,

Imagine this: It’s payday but before the money reaches your account, someone else has already decided what you’ll spend your money on — one third of your paycheck on housing, one third on food (only plant and insect protein allowed), 10% on transportation (with little allowance for gas), 10% on a mandatory pension plan (mostly allocated to government bonds) and the remaining 14% on clothing, alcohol and pharmaceuticals in state-licensed shops. Spending outside of these allocations comes with huge markups and, as if this isn’t bad enough, saving is impossible as this money comes with an expiration date: after three months, it simply disappears from your account.

This dystopian world is closer than you think. Central bank digital currencies, or CBDCs, could make it a reality. CBDCs are an attempt to duct-tape the failing monetary system back together, and in the process provide the State with nearly unlimited control over the financial system, and thus our spending habits and the way we lead our lives.

Programmable CBDC Is Under Development In China

Digital currencies with limitations on where, when, or to whom consumers can pay, are expected to be piloted soon

Jun 3, 2023

Programmable Central Bank Digital Currencies, with features that enable limitations on where, when, or to whom people can pay, are on our doorstep.

China, the second largest economy in the world with GDP of $17.7 trillion, is likely to endorse programmable CBDCs, according to the recently published whitepaper that lays out a detailed blueprint for the transition to a cashless society.

European Parliament to criminalize physical cash use by imposing limit on cash transactions

03/31/2023 // Arsenio Toledo


A member of the European Parliament (MEP) has warned that the European Union (EU) is in danger of "criminalizing" the use of physical cash in favor of using digital currencies with its new anti-money laundering laws.

Politicians in the European Parliament, the EU's main legislative body, have long been campaigning to impose an upper legal limit on the value of cash transactions within the bloc, claiming that such a move would help curtail criminality within the bloc.

The latest proposal the European Parliament has voted on prevents Europeans from spending over 7,000 euros ($7,617) in the physical tender as part of a single transaction and bans cryptocurrency transactions paying for goods and services that are valued over 1,000 euros ($1,088). (Related: State legislatures are sneakily introducing amendments to laws that would pave the way for CBDC domination.)

Dr. Gunnar Beck, a German MEP from the conservative Alternative for Germany (AfD) Party, warned that the new measure, which is supposedly meant to clamp down on money laundering and tax evasion within the bloc, has gone too far in curtailing how much people can spend cash.

In a statement made in Breitbart Europe, Beck pointed out how the AfD welcomes additional efforts to tackle financial crimes like money laundering and terrorist financing, but rejects the parliament's call to put legal limits on single cash transactions.

"While we should focus on money laundering by organized crime and Islamist terrorists, the EU chooses to tighten its surveillance of German savers and pensioners transactions," remarked Beck. "This is a mistake."
Beck further warned how the main proponents of limits on cash transactions are attempting to force the entire bloc to support this by passing "a regulation instead of a directive." This means that individual nation-states will not be able to avoid implementing these reforms, even if they are very much against preventing their citizens from using physical legal tender within their own countries.

EU Parliament to push cash transaction limit further down

Beck further warned that many EU parliamentarians have already rejected the 7,000 euro-limit on single cash transactions. He warned that the original proposal would have put the limit down to just 3,000 euros ($3,267). Fortunately, thanks in part to pressure from the AfD and other conservative parties in the European Parliament, this limit was increased to the current 7,000 euros.

Outside of the EU's main political institutions, individual nations in Europe appear keen on curtailing the use of cash. In Germany, politicians are currently debating on whether or not a legal limit on cash transactions is a good idea.

In the Netherlands, cash transactions over 3,000 euros have already been banned. In France, residents are legally prohibited from paying for goods or services with cash if the transaction costs more than 1,000 euros.

Outside of Europe, Australia is considering implementing a ban on cash transactions worth more than AU$10,000 ($6,696).

Learn more about the expansion of government-sponsored digital currencies at CryptoCult.news.

Watch this episode of "Brighteon Broadcast News" as host Mike Adams, the Health Ranger, discusses how the government has declared war on cryptocurrencies to make way for central bank digital currencies.

Brighteon Broadcast News, Mar 23, 2023 - Govt. declares WAR on CRYPTO to make way for DIGITAL DOLLAR tyranny

Mike Adams w/ David Morgan & Dr. Alan Keyes

0:00 Intro

2:00 Forcemajor

12:35 War on Crypto

28:47 Inflation

34:05 Interview with David Morgan

1:03:03 Interview with Dr. Alan Keyes

1:48:30 Govt attack on crypto

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DeSantis warns of government digital currency

John Stossel talks to Florida governor about the Feds' plan for centralized system

Published May 10, 2023 at 7:00pm

President Joe Biden and the media are excited about something new: a Central Bank Digital Currency, or CBDC. It's a currency like Bitcoin, except controlled by the federal government.

Not everyone is a fan.

"Sometimes government does things that may appear to be benevolent but really are kind of like a wolf in sheep's clothing," says Florida Gov. Ron DeSantis in my new video. "This is a wolf coming as a wolf."

Advertisement - story continues below

For months, I've tried to get DeSantis to sit down for an interview. What finally got him to agree was government's plan for digital money.

"If you don't trust central authority," DeSantis says, "then you should see this immediately as something that is very problematic."

Florida Gov. Ron DeSantis on the Dangers of a Central Bank Digital Currency (CBDC)

Florida Gov. Ron DeSantis on the Dangers of a Central Bank Digital Currency...

The federal government and the media are excited about something new: a Central Bank Digital Currency (CBDC). “I think it would be a total disaster,” Gov. Ron DeSantis tells me. ———— To get our new weekly video from Stossel TV, sign up here: https://www.johnstossel.com/#subscribe ———— A CBDC would be a cryptocurrency, one controlled by the federal government. The Biden administration says a CBDC would “protect consumers, investors...and the environment.” DeSantis tells me, "Sometimes government does things that may appear to be benevolent but really are kind of like a wolf in sheep's clothing. This is a wolf coming as a wolf.” DeSantis says the government will use digital money to spy on us and control our behavior. “'You're filling up too much [with gas]. Wait a minute--Climate change… You can't be doing that! …You bought another firearm? No, no, no.'" He's is so upset about this new plan, he just persuaded Florida’s legislature to ban the CBDC's use in Florida.

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Richard Werner on how CBDC could be the end of banking and on the Sovietization of Europe

Richard Werner on how CBDC could be the end of banking and on the...

Central Bank Digital Currencies (CBDCs): The Battle for the Future of the Monetary System is Underway – Are You Ready?

February 3, 2023


Comments by Brian Shilhavy
Editor, Health Impact News

The United States is getting closer to issuing a Central Bank Digital Currency (CBDC).

What does this mean?

It means that the financial collapse of the economy is getting closer, and this is the plan of the Central Bankers to replace the current monetary system.

If you are unaware of what CBDCs are, and how they can be used for evil purposes to try and control every aspect of our lives, then it is time to take notice, because this is a train that has left the station, and is not coming back.

It is not a new monetary system that can be implemented overnight, however, but will need to be rolled out in stages, and those roll outs have already begun in many countries around the world.

As with anything in life, tyrants cannot control people without their consent. They fear the masses, because they are outnumbered. If there is massive resistance among the public, it can thwart their plans.

They will use fear as their main tool, and we have seen just how powerful fear is, with the COVID-19 operation that began in 2020.

So there is a window of opportunity here to wake up as many people as possible to resist converting over to a new, cashless society, where digital currencies issued by Central Banks will completely dominate our lives and eliminate any remaining remnant of “privacy.”

I am publishing today the latest article by Jim Rickards to give us an update on just where we are today with U.S. CBDCs, and then a video by James Corbett that was just published and explains more in depth just what CBDCs are, along with sources of information on how to learn to opt out of CBDCs.

Do NOT skip or browse through quickly this information, because I am not exaggerating when I say that your future, and the future of our society, depends upon you understanding what is at stake here, and how to resist it.

Warning Shot Fired!

by James Rickards
Daily Reckoning

Another warning shot across the bow just happened…

I warned my readers a few weeks ago about how the Federal Reserve, in cooperation with giant global banks, has launched a 12-week pilot project to test the message systems and payment processes on the new CBDC dollar.

A pilot project is not research and development. That’s already done. The pilot means that what I call “Biden Bucks” are here, and the backers just want to test the plumbing before they roll the system out on the entire population.

That project is due to be completed next month. In other words, Biden Bucks are getting closer to becoming a reality for us all. Now there is another big development to keep you up to speed…

This month, the Digital Dollar Project (DDP) released an updated version of its white paper called “Exploring a U.S. CBDC.”

The project expanded the paper in order to examine central bank digital currency projects internationally, though its focus is still on the United States. Since its original white paper release in 2020, CBDC projects worldwide have increased from 35 to 114.

Here is one statement in the updated paper:

It [is] imperative that the U.S. government consider ways to maintain the use of the dollar in digital global payment systems and develop a strategy related to the use of alternative payment systems.

Pigs in the Digital Slaughterhouse

“Alternative payment systems” is simply a technical term for Biden Bucks, which means replacing the cash (“fiat”) dollar we have now. What’s this mean for you?

Let’s first consider the kind of freedom that physical cash offers you. Above all, cash is untraceable and anonymous. When you buy something with cash, there’s no way to trace the purchase to you individually. In that sense, cash is like gold or silver. It doesn’t leave a digital fingerprint.

And that’s why the government wants to eliminate cash — with cash out of the way, it can trace anything and everything.

At that point, the pigs (all of us) will be in the slaughterhouse ready for the digital slaughter of negative interest rates. All of your money will be locked in the banking system. If you don’t want to spend your money, the government can punish you by imposing negative rates. It doesn’t want you saving your money.

And in a completely digital world, what would stop the government from having individualized interest rates for every citizen?

Biden Bucks would also allow for account freezes, tax withholding and outright confiscation in some cases. After all, this is a government-approved digital wallet without any access to physical cash as you know it now.

You’re Just a Pawn

When the government is in full control of your money, it opens up the door for manipulating the economy by using you as a pawn and your assets as chess moves.

If they need to slow down the economy (as they are attempting to do now with increasing interest rates), they could freeze a certain percentage of your cash so you can’t spend it.

If they feel the economy is too slow and needs a jolt of spending, they could punish people who are saving too much with a “spend it or lose it” policy. That’s the reality behind negative interest rates.

It would make your money less truly your own and under government control. We are already seeing how many retailers are not accepting cash across America.

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Another thing about physical cash: It’s not hackable.

Under Biden Bucks, all the data that the government will have on every aspect of your life would be a dream come true for hackers. Identity theft would become commonplace.

And forget privacy. That would be a thing of the past.

“Sorry, We Really Don’t Want to Do This to You, But We Have No Choice”

What happens when physical cash is eliminated from any payment transactions? Imagine this alarming possibility…

To further advance the climate change agenda, what if Joe Biden or his successor decided that gasoline needed to be rationed?

Your Biden Bucks could be made to stop working at the gas pump once you’ve purchased a certain amount of gasoline in a week! They could justify it based on “national security concerns” or whatever, and that it’s something they just have to do.

They’ll say, “We really don’t have a choice. We have to do it!”

In other words, Biden Bucks would create new ways for the government to control how much you could buy of an item, or even ban certain purchases altogether. Government would keep score of every financial transaction you made.

In a world of Biden Bucks, the government will even know your physical whereabouts at the point of purchase. It’s a short step from putting you under FBI investigation if you vote for the wrong candidate, buy the “wrong” reading material or give donations to the wrong political party.

The Slippery Slope

They may deny that this is part of some grand plan to control the population, that it’s just a way to make the financial system more efficient. The rest of it is just a conspiracy theory that only kooks believe. And they may mean it. They may not have bad intentions.

But history clearly shows that once the government acquires a specific power, it will eventually use it to the fullest extent it can. And when corrupt people are running the government, they’ll use that power for political purposes, even if they might not set out to originally. The temptation is just too strong.

If any of this sounds extreme, fantastical or otherwise far-fetched, well, it’s not. I simply invite you to look at what’s happening around the world.

China is already using its CBDC to deny travel, employment and educational opportunities to political dissidents. Canada seized the bank accounts and crypto accounts of nonviolent trucker protesters last year. Nigeria put a cap on ATM cash withdrawals at $45 to promote digital payments.

Don’t think that other governments, including the U.S. government, haven’t noticed. They have.

The simple fact is “social credit scores” and political suppression will be even easier to conduct when Biden Bucks are completely rolled out in the U.S. With Biden Bucks, the government will be able to force you to comply with its agenda, like with the climate change example I mentioned above.

Because if you don’t, they could turn off your money. But you can fight back. How?

Philip James

    • Mar 16
    • 3 min read

Prepare for Governments to Push CBDCs in Wake of Banking Crisis

The banking crisis is beginning to look like the 'perfect excuse' to implement CBDCs.

The heightened fear of bank runs and the growing calls for more government controls to prevent more Silicon Valley Bank-style events has created space for governments to swoop in and present CBDCs as the solution.

Over 100 countries have CBDCs poised and ready to go, possibly waiting for a crisis such as this to come along tso they can serve them up as the solution. As the banking crisis appears to have started in the tech industry, that 'solution' is likely to come from their also.

Within days of Silicon Valley Bank's failure, it was described as the “first social-media fueled bank run in history” and fears about “social media disinfo” started to be stoked.

Government's are already attempting to Control the Narrative

The US government are already attempting to control the narrative about the banking crisis. Expect your social media posts to be shadow banned if you question it. United States (US) House Financial Services Chair Patrick McHenry described it as “the first Twitter fueled bank run.” During an emergency conference call with high-ranking federal government officials, Senator Mark Kelly asked if the officials were reaching out to tech platforms to monitor “misinformation” and “bad actors” and inquired about the possibility of censoring social media posts to avoid a bank run, they were less than transparent with their response. Expect this to be a given and that there is already a focus on manipulating the crisis for a favoured outcome.

Ramping up the Fear

Experts suggest Governments will seize upon fears of social media bank runs as they push new regulations and proposals in the wake of the SV Bank collapse. They say that 'nudge-units' are likely already manipulating media stories to ramp up fear. This was the same tactic used during the 'pandemic' where a mild flu-like virus was made to sound like a killer plague. Expect nudge-units to be writing stories about people losing their money because of 'outdated' financial systems at the same time as positive stories about CBDCs are circulated.

CBDCs will provide 'Safety'

Commentators say you should be on the lookout for suggestions from officials that CBDCs are “safe” and immune to social media bank runs. While such promises may soothe citizens' fear of bank runs, this fear will be replaced with something far worse for those that embrace CBDCs — programmable money that allows the government to dictate when, where, or if citizens can spend their money.

CBDCs will provide financial stability

As Silicon Valley Bank collapsed, the prospect of widespread financial contagion event loomed. Companies said they were left unable to pay staff, large online platforms delayed payments to sellers, and other companies revealed that they held significant portions of their cash at Silicon Valley Bank.

While the US government stepping in to guarantee Silicon Valley Bank customer deposits appears to have averted much of the wider financial collateral damage (although this won't be fully apparent until more time has passed), President Joe Biden has already vowed to “reduce the risks of this happening again.”

CBDCs Offer Better Customer Protection

Many governments have already cited making direct payments to citizens as one of the main use cases for a CBDC. If more banks fail, expect governments to start increasingly focusing on CBDCs as a solution for affected customers.

Other Cryptocurrencies are Being Targeted

The first two banks to go under, SVB and Signature Bank, just happened to be two of the world's biggest Cryptocurrency dealers, which many are saying cannot be a coincidence. This follows several governments instructing high street lenders to limit the amount of other cryptocurrency purchases.

The story is rapidly developing and, as it does, it is becoming clearer that this is not all that it first appears. Freedom campaigners are warning that this could very well be the start of the next phase of the Great Reset. As they have been right so far, perhaps we should be listening to them more closely.

How a CBDC Created Chaos and Poverty in Nigeria

Here is the timeline of the establishment of eNaira, the Nigerian CBDC. Although the attempt to digitize the Nigerian currency ended in failure, it carries A LESSON for the rest of the world.

It is no coincidence that Nigeria, with a population of over two hundred million, became the first serious global testing ground for central bank digital currency (CBDC) implementation.

On October 25, 2022, one year after the national referendum on the establishment of CBDC in Nigeria, in which 99.5 percent of the citizens voted against digitalizing the currency, the then president... issued a decree that despite the opposition.

In December 2022, the government in Abuja launched a total attack on cash. The governor of the Central Bank of Nigeria (CBN) announced that by the end of January 2023 (later extended to February 10), Nigeria would fully transition from physical cash (naira) to eNaira, the central bank’s digital currency.

When February 10, 2023, arrived and about 80 percent of the $7.2 billion, previously in private hands, ended up in digital accounts as CBDC, the poorer segment of the population (over half of the people) still did not have bank accounts. Despite assurances from the CBN that physical cash would not be eliminated until CBDC was fully operational, half of the nation was left with old, worthless banknotes!

It is easy to understand why violent riots erupted in the country on February 16, 2023...

The situation of uncertainty and danger persisted for three and a half months until the inauguration of the new president, Bola Ahmed Tinubu.

On May 29, 2023, approximately 108 days after the actual cash elimination, President Tinubu restored the validity of the old currency, alongside with the new naira and eNaira.

President Bola Tinubu put an end to the experiment and stuck to his position. Once he invalidated the CBDC, he ordered an investigation into the CBN, resulting in the unprecedented detention of the former CBN governor, Godwin Emefiele, on June 10, 2023. In late July the court released him from custody, but the security service rearrested him and is holding him in custody. The investigation is ongoing. Influential protectors from the IMF, the Fed, and even the White House, which singled out Nigeria as the global debutant of currency digitalization, remain silent.

More details are in the article.

Robert F. Kennedy Jr. On The Danger Of CBDCs (Central Bank Digital Currencies) - It's All About Control, Enslavement and Surveillance

💲💥 Robert F. Kennedy Jr. On The Danger Of CBDCs (Central Bank Digital Currencies) - It's All About Control, Enslavement and Surveillance.

:heavy_dollar_sign::boom: Robert F. Kennedy Jr. On The Danger Of CBDCs (Central Bank Digital...

Taken from video: "it's the end for US dollar. The great reset will be the collapse of the dollar". I wouldn't trust anything printed by US Government".

CBDC's-are they being promoted to lockdown the planet?

Catherine Austin Fitts | Executive Order 14067 | How Do Programmable Central Bank Digital Currencies Actually Work?

Augustin Carstens: Concludes; Digital Currency is not private like cash "Difference is Central Bank will have absolute control on the rules and regulations that will determine the use and will have knowledge to enforce that".

@DG-Truther-Videos
Thank-you.