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Central Bank Digital Currency (CBDC)

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Seems like every country is moving forward towards implementing CBDCs. CBDCs equal total financial control, right down to small transactions.

The Bank of International Settlements general manager Agustin Carstens stating boldly they will have "absolute technological control" over your personal spending under Central Bank Digital Currencies.

In other words, Carstens is introducing total-totalitarianism.
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Central Bank Digital Currency

The Reserve Bank is actively researching central bank digital currency (CBDC) as a complement to existing forms of money.

The Reserve Bank currently issues two forms of money:

physical money in the form of banknotes, which can be used by households and businesses to make payments, and
digital money in the form of balances held in accounts that commercial banks and some other types of financial institutions can hold at the Reserve Bank to settle payment obligations between each other.
A CBDC would be a new digital form of money issued by the Reserve Bank. It could be designed for retail (or general purpose) use, which would be like a digital version of banknotes that is essentially universally accessible, or for wholesale use, where it is accessible only to a more limited range of wholesale market participants for use in wholesale payment and settlement systems.

A CBDC could potentially support a number of the Bank's policy objectives, including safeguarding public trust in money and promoting efficiency, safety, resilience and innovation in payment systems and financial market infrastructures.

Our research has been looking at various possible use cases, exploring the potential benefits, opportunities and challenges associated with CBDC, and examining how a CBDC could be designed and developed if a decision was ever taken to implement one. Distributed ledger technology (DLT) is one possible technology platform we have been exploring that could be used to implement a CBDC. We have been collaborating with external parties on this research and will continue to do so.
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www.rba.gov.au

Central Bank Digital Currency

www.rba.gov.au www.rba.gov.au

CBDC-BIS.png
 
CBDCs | "You Can Implement Complete Control. Let's Say I Want to Mandate a Vaccine, Your Access to Your Financial Assets Can Be Denied or Stopped If You Don't Do What You Are Told." - Catherine Austin Fitts Explains CBDCs



https://rumble.com/v25hsvc-cbdcs-you-can-implement-complete-control.-lets-say-i-want-to.html
 
Japan hold large amount of treasuries, so if US said sanctions Russia, then they will say sure, there will be on the list.
or in a sinister way, you still hold USD T. T. t.... t

Your pension money is in our hand
 
Today's Central Bank Digital Currencies Status

CBDC tracker

Central Bank Digital Currencies are a new form of electronic money that, unlike well-known cryptocurrencies, are issued by central banks of certain countries. CBDC Tracker is an information resource for CBDC with news, updates and technology information.
cbdctracker.org cbdctracker.org
 
even when you pay a coin on SS to Shinny, there is a record that visibly by public due to leaks lol
 
The IMF Has Just Unveiled A New Global Currency Known As The ?Universal Monetary Unit? That Is Supposed To Revolutionize The World Economy

A new global currency just launched, but 99 percent of the global population has no idea what just happened.  The ?Universal Monetary Unit?, also known as ?Unicoin?, is an ?international central bank digital currency? that has been designed to work in conjunction with all existing national currencies.  This should set off alarm bells for all of us, because the widespread adoption of a new ?global currency? would be a giant step forward for the globalist agenda.  The IMF did not create this new currency, but it was unveiled at a major IMF gathering earlier this week?

Today, at the International Monetary Fund (IMF) Spring Meetings 2023, the Digital Currency Monetary Authority (DCMA) announced their official launch of an international central bank digital currency (CBDC) that strengthens the monetary sovereignty of participating central banks and complies with the recent crypto assets policy recommendations proposed by the IMF.

Universal Monetary Unit (UMU), symbolized as ANSI Character, ?, is legally a money commodity, can transact in any legal tender settlement currency, and functions like a CBDC to enforce banking regulations and to protect the financial integrity of the international banking system.
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As the press release quoted above indicates, this new ?Universal Monetary Unit? was created by the Digital Currency Monetary Authority.

So who in the world is the Digital Currency Monetary Authority?

Honestly, I had no idea until I started doing research for this article.

The press release says that the organization consists of ?sovereign states, central banks, commercial and retail banks, and other financial institutions??

The DCMA is a world leader in the advocacy of digital currency and monetary policy innovations for governments and central banks.  Membership within the DCMA consists of sovereign states, central banks, commercial and retail banks, and other financial institutions.
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Basically, it sounds like a secretive cabal of international banks and national governments is conspiring to push this new currency down our throats.

We are being told that the ?Universal Monetary Unit? is ??Crypto 2.0?, and those that created it are hoping that it will be widely adopted by ?all constituencies in a global economy??

The DCMA introduces Universal Monetary Unit as Crypto 2.0 because it innovates a new wave of cryptographic technologies for realizing a digital currency public monetary system with a widespread adoption framework encompassing use cases for all constituencies in a global economy.
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...

http://theeconomiccollapseblog.com/the-imf-has-just-unveiled-a-new-global-currency-known-as-the-universal-monetary-unit-that-is-supposed-to-revolutionize-the-world-economy/
 
The first thing I thought when Bitcoin became mainstream is that it was implemented to serve as a precursor to a new cashless system. It was designed to open to doors to corporate adoption and to establish the required framework, both physically and psychologically, to usher in a system of total control...all under the guise of private medium of exchange, targeting a new generation of half wits who cannot comprehend, let alone entertain, the threats such a system posed to our collective freedoms and liberties.

Look at where we are now. All they had to do is create a giant casino to capitalise on typical human behaviour (GREED) by dangling the poisoned carrot. Once they've guided us to the promised land, they put the shackles on and enslave us with their new system of control by pretending it's the only solution to the problems they've created.

I mean, I'm not surprised of the evil and powerful forces that run the world. But I was surprised just how easily the masses could be manipulated, and literally support themselves being walked into a trap.
 
Could not have put it better!!
In addition to that, does anybody honestly believe the banks will tolerate competition to their system & MONOPOLY? Wake the hell up.

How to get the masses on the tit? create a crisis & fix it with a free wallet full of pixels.
Let the shell game run, only for it to be revealed as a scam. Come to the rescue with the only safe way forward back to normal with the government approved safe & effective pixels.

It reminds of the way of the pig trapper. leave the gate open with free & easy bait, mostly on the outside & a bit on the inside.
Initially only the odd pig will quickly venture in & out of the trap, while the rest gorge at the periphery. As the pigs gain confidence, the trapper (banks/ government/corporations) puts less easy enticements outside & more inside. Soon the pigs are fighting to get into the trap, a job made all the easier with a Judas pig leading the way like a paid up celebrity.
When the trapper assesses that he has maximised his yield, he triggers the trap & all the little pigs are headed for a nasty end.
 
Talking with a bloke yesterday that "owns" some crypto accessed via an exchange (name escapes me).
He told me the moment he opened the app that morning that he received a notification from the ATO re: CGT.
Make of that what you will.
 
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