facebookcollapse
searchengine
robotics
virtualreality
computing
cyberwar
glitch
central banks
09/22/2023
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By Belle Carter
GLOBAL ENSLAVEMENT: G20 heralds launch of government-controlled CBDCs and digital IDs worldwide
The leaders of the 20 largest world economies, famously known as the Group of 20 nations (G20) have agreed to build the necessary infrastructure to implement digital currencies and digital IDs across their territories during the recent New Delhi Summit. The G20, currently under India’s presidency, adopted a final declaration on the subject over the […]
08/10/2023
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By Kevin Hughes
Reuben Yap: CBDCs let central banks CONTROL how people spend their money
Firo co-founder Reuben Yap has warned that central bank digital currencies (CBDCs) will be used by central banks to control how people spend their money. He remarked that CBDCs give central banks “a lot of fine-grained control of how you should be spending your money.” Yap continued: “To me, your money is your business. You […]
07/26/2023
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By Arsenio Toledo
James Grundvig of AMP News calls FedCoin garbage, says the Fed’s CBDC is nowhere near ready
The central bank digital currency (CBDC) being developed by the Federal Reserve, known alternatively either as the FedCoin or the digital dollar, is unlikely to be ready until next year at the earliest. This is according to recent reports regarding the status of the Fed’s development of a CBDC. (Related: Only 16% of Americans would support […]
07/18/2023
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By Kevin Hughes
Tom Renz: Digital currencies will lead to the end of freedom – Brighteon.TV
Ohio-based lawyer Thomas “Tom” Renz has warned that digital currencies will eventually lead to the end of freedom. He issued this warning during the July 11 episode of his Brighteon.TV program “Lawfare with Tom Renz.” According to him, people who are unaware of the central bank digital currencies (CBDCs) ought to know of the unified ledger […]
03/09/2023
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By News Editors
Skynet rising: Why CBDCs must be terminated before they go live
In Part 1 we noted that “money” is no more than a medium of exchange. If we cooperate in sufficient numbers, we could create an economy based upon an entirely voluntary monetary system. We don’t need banks to control our exchange transactions and modern Distributed Ledger Technology (DLT) has made voluntary exchange on a global scale […]
01/18/2023
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By JD Heyes
Central banks will begin using digital currencies soon and it won’t matter whether people are ready for it
A report published this week says that whether or not countries are ready for digital currencies or even understand the concept behind them, central banks are going to begin using them soon either way, and there isn’t much that can be done about it. The Wall Street Journal‘s report touched on the issue of complexity, […]
01/10/2023
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By Arsenio Toledo
HYPOCRISY: Federal Reserve warns banks against using crypto while planning to develop its own digital currency
The Federal Reserve along with other federal agencies have issued a joint statement warning banks against using cryptocurrencies just as the Fed is deliberating over possibly issuing a central bank digital currency (CBDC) in the United States. The Fed was joined in its statement by the Federal Deposit Insurance Corporation (FDIC) and the Office of […]
12/21/2022
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By Arsenio Toledo
Coming economic collapse will be used to close banks and introduce central bank digital currencies
The coming global economic collapse will come with it the quick adoption of central bank digital currencies (CBDCs) around the world This is according to Clive Thompson, former managing director at Union Bancaire Privee, a private bank and wealth management firm in Geneva, Switzerland. He warned that this coming global financial crisis will start in one country and spread […]
12/14/2022
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By Ramon Tomey
UK prepares to introduce central bank-backed digital pound
The United Kingdom is preparing to introduce the digital pound backed by the Bank of England (BoE), essentially making the idea of a trackable central bank digital currency (CBDC) a reality. British Chancellor of the Exchequer Jeremy Hunt confirmed this, adding that the BoE will begin consultations for the CBDC’s design. The digital pound sterling […]
11/30/2022
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By Ramon Tomey
11 Countries have already adopted central bank digital currencies and 105 others are considering it
Central bank digital currencies (CBDCs) are already in use in 11 countries, and 105 other nations are considering adopting the technology. Washington, D.C.-based think tank The Atlantic Council (TAC) defined a CBDC as “virtual money backed and issued by a central bank.” It named 10 countries in the Caribbean, alongside the West African country of Nigeria, as early adopters of […]
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