The Dangers of digital identities and digital bank currencies

DIGITAL ID, CBDC'S - CATHERINE AUSTIN FITTS WARNS ABOUT A DARKER GOAL

Digital ID, CBDCs aim to enslave. They're slavers seeking control over land, gold, and the kids.

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While The World Was Distracted By The Baltimore Bridge | THIS HAPPENED

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SWIFT planning launch of new central bank digital currency platform in 12-24 months

SWIFT planning launch of new central bank digital currency platform in 12-24...

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NEW REPORT: ‘Over 98 percent’ of world’s central banks gearing up for new system of programmable, trackable ‘digital cash’ and 24 nations will have ‘live CBDCs’ by 2030

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The World Economic Forum claims, in a new report, that 98 percent of the world’s central banks have agreed to implement the globalists’ long-awaited dream of a cashless society.

Most central banks, such as the U.S. Federal Reserve, are quasi-government institutions owned privately by billionaire bankers.

And the WEF is not the first to reveal the plans of the globalist elite, which have been preparing for years to eliminate paper fiat currencies. But this latest report indicates the grand plan is now very close to being realized, perhaps just awaiting a triggering event – a Black Swan event of some type – before making the switch to “digital cash.”

Continued at link.

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BREAKING: AUSTRALIA HAS JUST BEEN MANDATED INTO THE AI WORLD SOCIETY VIA DIGITAL ID

Aus

This will lead to tracking and surveillance like we’ve never seen.

House passes bill barring Federal Reserve from issuing digital dollar

https://thehill.com/business/4682414-house-passes-bill-barring-federal-reserve-from-issuing-digital-dollar/

The House passed a bill Thursday barring the Federal Reserve from issuing a central bank digital currency (CBDC) unless it has explicit authorization from Congress.

The CBDC Anti-Surveillance State Act passed the chamber by a 216-192 vote, almost entirely along partisan lines.

The move is largely symbolic, as the Fed has not put forward plans to issue a CBDC and has repeatedly emphasized that it would not move forward without congressional approval.

Even so, Republicans, including former President Trump, have voiced concerns about potential government misuse of a CBDC.

A CBDC is a digital version of a currency issued by a central bank. In the U.S., this would entail the Fed issuing a digital dollar that could be used the same way as a regular dollar.

House Majority Whip Tom Emmer (R-Minn.), who introduced the legislation, has argued that a digital dollar “could give the federal government the ability to surveil Americans’ transactions and choke out politically unpopular activity.”

Emmer’s views on the issue track closely with those of Trump, who has vowed to block the creation of a CBDC if reelected.

“As your president, I will never allow the creation of a central bank digital currency,” Trump, who is now the presumptive GOP nominee, said at a rally in New Hampshire in January.

“Such a currency would give a federal government, our federal government, the absolute control over your money,” he added at the time. “They could take your money. You wouldn’t even know it was gone. This would be a dangerous threat to freedom.”

However, Rep. Maxine Waters (D-Calif.), ranking member of the House Financial Services Committee, argued on the House floor Thursday that banning CBDCs “directly threatens the primacy of the U.S. dollar.”

“There is nothing inherent about a CBDC that would compromise privacy — that is a design feature that is within our control,” she added. “This bill is, instead, an attempt to stifle U.S. innovation and competitiveness abroad, and to undermine the federal agency that is the most critical to fighting inflation.”

DON'T GET PLAYED. CONGRESS PRETENDS TO BAN CBDC ON SAME DAY TRUMP VOWS TO BUILD A "CRYPTO ARMY

MariaZeee

CATHERINE AUSTIN FITTS EXPOSES GLOBALIST BANKER COUP

Catherine Austin-Fitts exposing the banking coup and race towards Digital ID & digital currency worldwide.

Why going cashless has turned Sweden from one of the safest countries into a high-crime nation | Fortune Europe

Over 10,000 Swedish kronor ($1,000) had been siphoned from Ellen Bagley's account and the thieves disappeared into the digital shadows.

Although financial crime has garnered fewer headlines than a surge in gang-related gun violence, it’s become a growing risk for the country. Beyond its borders, Sweden is an important test case on fighting cashless crime because it’s gone further on ditching paper money than almost any other country in Europe.

“I’ve heard from so many others who have told me ‘I’ve also been scammed and felt so alone and ashamed’,” she said.

“China is proposing a national digital ID in three forms: an alphanumeric identifier, an ID certificate, and online credentials,” says Jain. “This approach is similar to other countries like Estonia, which uses eID, Smart ID and Mobile ID. However, it differs slightly from India’s system, which was built for a similar population size, where Aadhaar serves as a numeric identifier and a card. For online transactions, Aadhaar relies on one-time passwords sent to registered cellphones, enhancing its security.”

China releases draft case for national digital ID, raising fears of tighter social control

Xi Jinping’s government says scheme will protect privacy but record suggests otherwise

China is planning the launch of a national digital ID, and in a sense it is surprising that it has taken this long. Beijing’s tight control on the media and robust public surveillance state are no secret. Beyond the notorious Great Firewall, Chinese internet users already have to provide an ID and phone number to register for popular platforms such as WeChat and Weibo. While the government says a digital identity system would protect online privacy, there are many who believe digital ID would only tighten and centralize the government’s control over people and their data.

WakeUpCall

END TIMES STRAIGHT AHEAD! YOU WILL BE A SLAVE IN THE GRAVE IF YOU LET THEM FORCE YOU INTO THIS!

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WakeUpCall

ITS NOT AS STRANGE AS IT SOUNDS! TRUMP'S "GROCERY ID" IS TRENDING AGAIN BECAUSE IT'S COMING SOON!

Globalism Is Economic Slavery

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dt

Traitor Donald Trump says "we're embracing the future with crypto and leaving big banks behind."

Donald Trump says "we're embracing the future with crypto and leaving the slow and outdated big banks behind."

What Does MAGA Really Mean?

Kuwait to freeze bank accounts of residents who do not register biometric fingerprints

Kuwait is mandating a biometric registration process for citizens and expatriates. Those who fail to register their fingerprints by the set deadlines will face consequences such as suspended government services and frozen bank accounts.

It is claimed that the reasons for enforcing the registration of digital biometrics are to enhance security and address dual nationality issues. However, this initiative aligns with global trends in biometrics and the sharing of our data with selected agencies.

It’s no coincidence that at the same time, the United Nations is pushing for a Global Digital Compact to be adopted by 193 countries so it can play a significant role in the global governance of artificial intelligence, the Internet, digital public goods and digital infrastructure.

Kuwait is preparing to suspend government services for people who fail to register their fingerprints by the set deadlines, 30 September 2024, for Kuwaitis and 30 December 2024, for expatriates

There are approximately 175,000 citizens and 800,000 expats who still need to complete the biometric registration process. The Central Bank of Kuwait has directed banks to implement measures like suspension of electronic channels, blocking of bank cards, and eventually freezing accounts for those who do not comply with the registration requirements. This will also affect financial assets like shares, funds and investment portfolios.

If people do not meet the fingerprinting deadline, their electronic banking channels will be disabled, bank cards will be blocked and their accounts will be frozen. However, deductions for loans and mortgages will continue. While travel rights will not be affected, illegal residents crossing the border will be required to submit fingerprint registrations.

Full Article

WhitneyWebb

The Path to CBDCs - CRISIS POLITICS: A Means of Control | Whitney Webb

Whitney Webb unpacks the use of crises by the elite to usher in reforms of our society. Wars, pandemics, cyber pandemics, banking crises, are all examples of distracting events that allow broad social controls to be implemented.

:rotating_light: ALERT: 1920s-Style GLOBAL DEPRESSION Warning & "Major Changes On The Way" Issued by Central Bank

@DG-Truther-Videos

Hidden Agendas: Beware of the Government’s Push for a Digital Currency

by tts-admin | Oct 6, 2024 | 9 comments

John and Nisha Whitehead – The Rutherford Institute Sept 24, 2024

“The greatest tyrannies are always perpetrated in the name of the noblest causes.”—Thomas Paine

The government wants your money.

It will beg, steal or borrow if necessary, but it wants your money any way it can get it.

The government’s schemes to swindle, cheat, scam, and generally defraud taxpayers of their hard-earned dollars have run the gamut from wasteful pork barrel legislation, cronyism and graft to asset forfeiture, costly stimulus packages, and a national security complex that continues to undermine our freedoms while failing to making us any safer.

Americans have also been made to pay through the nose for the government’s endless wars, subsidization of foreign nations, military empire, welfare state, roads to nowhere, bloated workforce, secret agencies, fusion centers, private prisons, biometric databases, invasive technologies, arsenal of weapons, and every other budgetary line item that is contributing to the fast-growing wealth of the corporate elite at the expense of those who are barely making ends meet—that is, we the taxpayers.

This is what comes of those $1.2 trillion spending bills: someone’s got to foot the bill.

Because the government’s voracious appetite for money, power and control has grown out of control, its agents have devised other means of funding its excesses and adding to its largesse through taxes disguised as fines, taxes disguised as fees, and taxes disguised as tolls, tickets and penalties.

No matter how much money the government pulls in, it’s never enough (case in point: the endless stopgap funding deals and constant ratcheting up of the debt ceiling), so the government has to keep introducing new plans to empower its agents to seize Americans’ bank accounts.

Make way for the digital dollar.

Whether it’s the central bank digital currency favored by President Biden, or the cryptocurrency being hawked by former President Trump, the end result will still be a form of digital money that makes it easier to track, control and punish the citizenry.

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