Kit Knightly – Off-Guardian March 19, 2022
A joint project between the Central Bank of Canada and the Massachusetts Institute of Technology will be researching the possibility of an entirely digital Canadian dollar, it was announced yesterday.
The digital dollar would be a state-issued cryptocurrency, or “central bank digital currency” (CBDC). (For more detail on CBDCs and how they work, you can read our previous article here.)
It’s not just Canada – countries from all around the world appear to be accelerating the research and implementation of CBDCs as we enter the second quarter of 2022.
In our New Years post, OffG hypothesized that the introduction of central bank digital currencies would be a major news thread of 2022, and that prediction looks to be coming true before winter has even turned into spring.
CBDC pilot schemes were already active in the Bahamas and Nigeria before the end of 2021, and Jamaica is rolling out their own later this year after a pilot scheme last year.
Dozens of others are not far behind, including the US, UK and the entire Eurozone. Sweden’s “e-Krona” is currently in the testing phase. Joe Biden has called research into CBDCs a matter of “highest urgency”.
Ukraine is right at the forefront of CBDC research and has been prepping for such since 2016. There were plans to implement one later this year, though it’s possible the war has changed them.
The Russian central bank was developing a “digital ruble” before the invasion of Ukraine, and it is now being suggested as a way to circumvent Western sanctions.
China was already leading the race to total digitalization of their currency, and have used the “vulnerability to Western sanctions” as an excuse to push ahead even harder.
India, South Africa, Malaysia…the list goes on and on.
In short, pretty much the whole world has been at least considering the move to entirely digital money.
Why should this concern you?
Well, because a digital currency would mean every single transaction you make can be monitored and recorded by the state, as well as your bank.
The implications for the right to privacy are obvious, but privacy is the least of it.
Much of the research being done on CBDCs concerns making them programmable.
Meaning either the state issuing the money, or the company paying it as wages, could put controls on how or where it is spent.
To quote a Telegraph article from last Autumn:
Digital cash could be programmed to ensure it is only spent on essentials, or goods which an employer or Government deems to be sensible.
As I wrote in October last year:
Governments and employers making sure the money they issue can only be used on “sensible” things, and not be used in “socially harmful” ways? It doesn’t take much imagination to see just how this system could evolve and re-shape society into a truly dystopian nightmare.
…and that was before.
It “wasn’t hard to imagine” then, now we don’t need to imagine. They have shown us exactly how they would use that power.
Just a month ago, the government of Canada was tracking down Freedom Convoy protesters – and even those who just donated money to the protests – and ordering banks to freeze their assets.
Consider how much easier an entirely digital currency would make that process.
Not only would it be easier to seize people’s assets, but you could stop people donating to the “wrong” causes in the first place by changing the “programming” of your digital money.
Reader funded alternate news sites – very much including OffG – could find themselves branded “harmful misinformation”, and placed on the “funding blacklist”.
People who refused the vaccines, or don’t publicly denounce Russia (or any passing enemy of the moment), could have sanctions placed on their bank accounts.
Western governments are currently declaring financial war on dozens of private citizens who have not been charged – let alone convicted – of any crime, just because of their nationality. It’s being done under the guise of “punishing dirty Russians”, but what can be done to an oligarch can be done to anyone.
Essentially, anyone who doesn’t support current thing would be living under the threat of financial ruin.
The possibilities are as endless as they are terrible. Central Bank Digital Currencies are a death knell for the very idea of individual freedom.
It’s almost impossible to overstate the important of this.
As I said in my recent interview on Perspectives with Jesse Zurawell, if you’re only concerned about one thing this year, it should be this.
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Yep.
It’s all just another part of the complex AGENDA, The military conflict defo ‘plan-B’.
As mentioned, (By many) They’ll ramp up the climate fiasco with a vengeance soon enough,
Maybe we can tag that ‘plan-C’.
I haven’t had much in the way of “Brass in’ Pocket” for quite a while now,
I never have had, or will have…a ‘phone’. The tribulation is well under way in regard to my reality.
It seems there are very tough times to endure,
I’m more disappointed because the majority (Not TTS crowd) just can’t comprehend what’s unfolding in real time & resist accordingly.
It would seem the majority of the Jabbed-Stabbed really are poorly !
IN THE HEAD.
I am atleast comforted that our noble
rothschild mafia never gets their
bank accounts hurt .
Perhaps our pals in the NWO gang (after they crash the world economy) want to combine Central Bank Digital Currency (CDBC) with their Marxist Universal Basic Income (UBI) to extremely control people.
After the world economy crashes, the NWO gang easily convinces people throughout the world to accept UBI, why? Everybody in the world receives a base monthly amount of money which supposedly allows them to live with dignity and avoid poverty without having to work. If they work they get more money.
Combining UBI and CBDCs gives the government (NWO gang) complete control over your assets. They’ll disable UBI recipients ability to convert CBDC into any other currency (easily done with programmable money) which allows the NOW gang to go fully totalitarian; they’ll limit your spending categories and reduce the UBI for the people who don’t comply (example, people who don’t celebrate the non-binary lifestyle for school kids).
They may force you to spend the UBI every month to power the economy, if you don’t they eliminate it from your account.
According to financial experts, CDBCs highly likely become very common before the end of the decade.
You won’t be able to give somebody a calzone for a taco (the illegal barter system).
The Chinese Yuan is fast becoming the new global reserve currency in place of the US Dollar.
The US Petro-Dollar is dying and the Mark of the Beast Chinese Dragon Global, Digital and Biomedical One World Currency is rising as predicted by Daniel, Isaiah, Jesus of Nazareth and John the Revelator:
https://www.bitchute.com/video/zAUcSQRIaCWz/
https://youtu.be/OqDPuhNm4Xs
@ BRIAN USA
but dont forget : since all western
states are soon declared bankrupt
the winner (rothschild) will take
all properties (houses,land, farms,
woods, water, energysuplies)
YOU WILL OWN NOTHING +
BE HAPPY !
‘The digital dollar would be a state-issued cryptocurrency, or ‘central bank digital currency’ (CBDC).’
Personally I, and I know a lot of pipple agree, prefer to call the ‘central bank digital currency’ or CBDC, the Magik Schekel Maschine Currency or MSMC. See, you can be pretty sure that whilst the MSMC will be state-backed, it will NOT be state-issued. Cos, see, the MSM WILL remain in private hands. Otherwise Europe will not survive.
And of course it was the same Magik Schekel Maschine what financed and maneuvered the mysterious origins and outcomes of World Wars I & II. (Plus every other war Amerika has staged.) Cynics say that these wars produced nothing. Except millions of corpses. But we know this is untrue. They produced a cornucpia of riches. For the Magik Elves and their Mysterious Masonic sustainers and supporters.
But this is why it is SO important at this critical juncture that we not lose fath in the Democratic values which generations of young Europeans unwittingly fought and died for. Don’t let their sacrifice be in vain. A sacrifice for Democracy. Freedom. The Constitution. And other stuff. AND, lest we forget, the privately owned and operated Magik Schekel Maschine.
Ask NOT what can the Magik Schekel Maschine do for me but what can I do for the Magik Schekel Machine? Particularly those irredeemably racist Europeans amongst us who are STILL in denial of our White Privilege. After all, the MSM is the very bedrock of our ‘Judeo-Christian’ civilization.
Overture, curtain, lights
This is it, the night of nights
No more rehearsing and nursing a part
We know every part by heart
Overture, curtain, lights
This is it, we’ll hit the heights
And oh what heights we’ll hit
On with the show this is it.
– The Bugs Bunny Overture
I see my premise I first posted on here some weeks ago is being validated & proven correct with news stories like this: Thesis (NATO/Ukraine) Antithesis (Soviet Russia/China) Synthesis (Techno-Communism/Agenda 2030)
The end of cash would be the greatest disaster for the Human race, and I am not kidding. That would be the last nail in the freedom coffin. All people would be beholden to the banksters and their mailed fist for the rest of history. Unless of course there are general uprisings to go in and take out Schwab and the rest of his digital minions. There is an obvious connection to the Covid19 plandemic with all of this.
When you read the follwing books you will understand, that the Jewish Central Banks
are a big cheat towards all States of the world and the people. Every state in the world
is indebted, every country, every province, every community, every city and so on.
The Central Banks (Privat jewish banks) produce Money out of nothing and the debtors have to pay back
the credit and usury. And this since about 120 years. So no wonder that the Banking Jews are Billionaires and with this money they change the world to become Masters of the World, The choosen people to rule the world, according to Talmud. More and more people are aware of that.
That the very reason the Central Banks want to issue Bank Digital Money and stop Cash Money in order to keep control over their criminal banking system they run since the FED in 1913 in New York.
Without money the 1 1/2 percent of the worlds population could not get so influential. Ukraine Zelensky is jewish too. So you should know who is behind him, trying to start a war like World War 1 and 2.
The books :
-A History of Central Banking and the Enslavement of Mankind
Stephen Mitford Goodson
-The Banking Swindle, Money Creation and the State
Kerry Bolton
-The Hidden Tyranny of our Money, What most Economists dont know and
few wish to tell
Victor Gomez-Enriquez
-Insside the South African Reserve Bank, its origins and
secrets exposed
Stephen Mitford Goodson
-Opposing the Money Lenders, the struggle to aboish interest slavery
Kerry Bolton
Black House Publishing Ltd.
They need crime, they need illegal drugs, they need prostitution, they need to to buy alcohol and fags. One of the big banks main source of cash is crime money. Same for City Crime Cartel money laundering.
Companies telling sheeple where they can spend their money? No one will work for them. Have your own business or you’re self employed, you are going to demand payments in a form that you want.
The sheeple on benefits, yep, they might get squeezed. But if you have a mortgage or rent, you might decide not to pay it. This happened big time in the US after the 2008 financial collapse, so it can happen again on a much bigger scale.
While the sheeple are thickos, I hold the view that they won’t accept much of what has been outlined in comments above.
Who gives a flying xxxx if they can track your spending, they do that right now. Even if you use cash, they know who you are, because your phone identifies you, & location. Your image will be recored or face scaned.
They can solve 90% plus of all crimes, but they chose not to, because the police don’t have the time or resources, the courts are rammed packed, & the jails are bursting.
The fake news spends an awful lot of time getting the sheeple to believe that the police are on their case, & the filth solves all crimes. Nothing could be further from the truth.
Yes, new tech can be used to enforce policies. I’ve left London for an extended period of time, cus I’m not paying ULEZ charges. Any town of city that brings this in, I won’t go there. For example, Oxford and Cambridge are very anti vehicle, I never go there. Security at airports, I no longer fly. Smart motorways, I never go in the inside lane… do I have mug written on my for head? No.
Dare I say it, I’ll leave this dump of a country.
Many, many years ago, they introduced pay by phone parking. Of course, its a form of tracking. I’ve never used it. My wife has a few times, but me, no chance.
This is why you should research Monero, a truly private cryptocurrency, already used as such.
@ STEPHEN
is there anywhere a military uprising
in the world ? NO ! what tells you this ?
ALL ARE CORRUPTED AND GENERALS
+SECRET SERVICES ARE ALL FREEMASONS
SERVANTS OF THE JEWBANKSTERS !
Whatever we gained from all the fiat money, we can afford to lose, and, in fact, had better lose.
I would second the recommendation of Stephen Mitford Goodson’s work. I’ve read both of the books which Heinrich cites.
What they have, above and beyond dreary economic accounting, is educational grace. Goodson simplifies, what might otherwise be forbidding specialization to the layman, concerning the history and the practice of central banking, very impressively, without the loss of scholarly integrity, nor pace in the narrative. He’s an accomplished educator, who knows how to organize his material for maximal reach.
Stephen Mitford Goodson is a South African fellow, who has quite a lot in common with his compatriot, Jan Lamprecht. Both are completely uncowed opponents of the jews. The first book by Goodson, which Heinrich lists, “A History of Central Banking And Its Enslavement of Mankind” is a brilliantly concise (pp. 185) overview of the problematic history of central banking and of what became of the men who opposed its fundaments; Julius Caesar, Charles I, Napoleon Bonaparte, Czar Nicholas II, Adolf Hitler, John F. Kennedy and Muammar Gadaffi (etc, etc.) I don’t know of any better introduction to the subject matter.
So, just an “aye, me too” for a much undervalued author, Stephen Mitford Goodson. With thanks to Heinrich.