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Thread: World Economic Forum debuts Central Bank Digital Currency framework

  1. #31
    Quote Originally Posted by oyarde View Post
    Thats how I see it , a US digital Fed dollar would be no different than an unbacked worthless paper dollar except they can capture tax info more easily .
    I expect the formal cryptocurrency Mark of the Beast system that's being implemented, starting with the "vaccines" that alter DNA and turn a human into literal GMO chattel property, will have at least a portion of claimed metals backing, for biblical reasons. I could delve into that at length (King Solomon's 666 talents of gold tribute from his slaves, Mark of the Beast is the Hexagram, which is the Seal of Solomon, and is represented in the Warp Speed logo, e.g.) but there's still claimed to be gold sitting in vaults waiting to be re-monetized once fractional fiat fully fails shortly.
    "Let it not be said that we did nothing."-Ron Paul

    "We have set them on the hobby-horse of an idea about the absorption of individuality by the symbolic unit of COLLECTIVISM. They have never yet and they never will have the sense to reflect that this hobby-horse is a manifest violation of the most important law of nature, which has established from the very creation of the world one unit unlike another and precisely for the purpose of instituting individuality."- A Quote From Some Old Book



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  3. #32
    ht to teh collinz

    Visa starts testing Fedcoin cbdc

    http://www.ronpaulforums.com/showthr...to-use-FedCoin
    "Let it not be said that we did nothing."-Ron Paul

    "We have set them on the hobby-horse of an idea about the absorption of individuality by the symbolic unit of COLLECTIVISM. They have never yet and they never will have the sense to reflect that this hobby-horse is a manifest violation of the most important law of nature, which has established from the very creation of the world one unit unlike another and precisely for the purpose of instituting individuality."- A Quote From Some Old Book



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  5. #33
    https://www.economist.com/leaders/20...es-that-matter

    Quote Originally Posted by Rothschild owned Economist mag
    These “govcoins” are a new incarnation of money (sic). They promise to make finance work better but also to shift power from individuals to the state...
    "Let it not be said that we did nothing."-Ron Paul

    "We have set them on the hobby-horse of an idea about the absorption of individuality by the symbolic unit of COLLECTIVISM. They have never yet and they never will have the sense to reflect that this hobby-horse is a manifest violation of the most important law of nature, which has established from the very creation of the world one unit unlike another and precisely for the purpose of instituting individuality."- A Quote From Some Old Book

  6. #34
    Bill introduced to legislate CBDC/FedCoin
    http://www.ronpaulforums.com/showthr...eserve-tyranny
    "Let it not be said that we did nothing."-Ron Paul

    "We have set them on the hobby-horse of an idea about the absorption of individuality by the symbolic unit of COLLECTIVISM. They have never yet and they never will have the sense to reflect that this hobby-horse is a manifest violation of the most important law of nature, which has established from the very creation of the world one unit unlike another and precisely for the purpose of instituting individuality."- A Quote From Some Old Book

  7. #35
    Seems the roadmap is unfolding more and more lately. Covid>excuse for GMO shots turning natural human with rights into Monsanto property forever>excuse for vaccine "passports">vaccine passports condition the new property for using phone for everything, including CBDC, like a new version of old coal town with company scrip, company store, company shelter, rental society, "own nothing">biometrics implemented to directly identify new property>MS Patent 60606 tying property's labor to CBDC tied to carbon footprint of purchases from company store and social score>phones die, break or get lost so wouldn't you prefer this chip instead, so convenient, does everything phone does>outright mind control via 5G/6G through embedded chip and constant medicating/shots/company store food and water manipulation to keep property docile and controlled with limited movement inside mega cities>all life forms owned by the "company">forever

    I think that about sums up the road map, no?
    Last edited by devil21; 09-27-2021 at 06:07 PM.
    "Let it not be said that we did nothing."-Ron Paul

    "We have set them on the hobby-horse of an idea about the absorption of individuality by the symbolic unit of COLLECTIVISM. They have never yet and they never will have the sense to reflect that this hobby-horse is a manifest violation of the most important law of nature, which has established from the very creation of the world one unit unlike another and precisely for the purpose of instituting individuality."- A Quote From Some Old Book

  8. #36
    Jpow comments on CBDC. tldr = sooooooooon

    But no it's not all planned in advance and scripted out and....NoOoOo, bItCoIn Is TeH fUtUrE cUz cReAtEd By SaToShI!!!111!!

    https://twitter.com/JgaltTweets/stat...32401388306432
    "Let it not be said that we did nothing."-Ron Paul

    "We have set them on the hobby-horse of an idea about the absorption of individuality by the symbolic unit of COLLECTIVISM. They have never yet and they never will have the sense to reflect that this hobby-horse is a manifest violation of the most important law of nature, which has established from the very creation of the world one unit unlike another and precisely for the purpose of instituting individuality."- A Quote From Some Old Book

  9. #37
    Choo choo! Full steam ahead....
    The Bank of England has released a new consultation paper that outlines the goals of its digital pound project and pitches the idea of creating a “new form of digital money for use by households and businesses for their everyday payments needs.”
    ...
    Based on the design outlined in the paper, the central bank would be the sole issuer of a digital pound, which would be accessible to individuals and businesses via smartphones or cards. Wallets would be anonymized on the central bank's ledger to address privacy concerns and the digital currency would be non-programmable, meaning authorities can't control how people spend their money.

    “The Bank will not implement central bank-initiated programmable functions,” a separate technical working paper said. “Instead, the Bank would provide the necessary infrastructure for the private sector to implement programmability features for users. Those features would require user consent.”

    The consultation paper is meant to pitch the idea of a digital pound to the public and solicit comments on the proposed design to help the central bank determine if the creation of a digital pound is warranted. The ultimate goal of the paper is to help increase public engagement and work to enhance public trust in the event that a digital pound is launched.
    ...
    https://www.kitco.com/news/2023-02-0...d-project.html

    Link to paper:

    https://www.bankofengland.co.uk/-/me...king-paper.pdf

    Britons would be limited to 20,000 digital pounds (US$24,000 or RM103,736) each if the country goes ahead with a digital currency, Bank of England (BoE) Deputy Governor Jon Cunliffe said yesterday.
    ...
    “We propose a limit of between £10,000 and £20,000 per individual as the appropriate balance between managing risks and supporting wide usability of the digital pound,” Cunliffe said in a speech.

    A limit of £10,000 would mean that three quarters of people could receive their pay in digital pounds as well as holding pre-existing balances in the same account, while a £20,000 limit would allow almost everyone to use digital pounds for day-to-day transactions, Cunliffe said.

    Money above the cap would be “swept” into a customer’s commercial bank account given that a digital pound would not be a means for storing wealth, he told members of UK Finance, a banking industry body.
    ...
    https://www.malaymail.com/news/money...and-plan/53881

  10. #38

  11. #39
    CBDC Handbook coming soon.

    https://sociable.co/government-and-p...govt-rollouts/


    According to former People’s Bank of China deputy governor and current IMF deputy managing director Bo Li:

    “The Handbook will be a compendium of knowledge and experience on CBDC. It will be the basis for capacity development and hopefully help countries make as well-informed decisions as possible when taking the major step to design and issue their own CBDC.”
    "Let it not be said that we did nothing."-Ron Paul

    "We have set them on the hobby-horse of an idea about the absorption of individuality by the symbolic unit of COLLECTIVISM. They have never yet and they never will have the sense to reflect that this hobby-horse is a manifest violation of the most important law of nature, which has established from the very creation of the world one unit unlike another and precisely for the purpose of instituting individuality."- A Quote From Some Old Book

  12. #40
    Austria Looks To Enshrine Cash In The Constitution

    https://www.thefinancialtrends.com/2...-constitution/
    Never attempt to teach a pig to sing; it wastes your time and annoys the pig.

    Robert Heinlein

    Give a man an inch and right away he thinks he's a ruler

    Groucho Marx

    I love mankind…it’s people I can’t stand.

    Linus, from the Peanuts comic

    You cannot have liberty without morality and morality without faith

    Alexis de Torqueville

    Those who fail to learn from the past are condemned to repeat it.
    Those who learn from the past are condemned to watch everybody else repeat it

    A Zero Hedge comment



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  14. #41
    Global Regulator Wants Increased Scrutiny Of DeFi


    https://www.thefinancialtrends.com/2...utiny-of-defi/
    Never attempt to teach a pig to sing; it wastes your time and annoys the pig.

    Robert Heinlein

    Give a man an inch and right away he thinks he's a ruler

    Groucho Marx

    I love mankind…it’s people I can’t stand.

    Linus, from the Peanuts comic

    You cannot have liberty without morality and morality without faith

    Alexis de Torqueville

    Those who fail to learn from the past are condemned to repeat it.
    Those who learn from the past are condemned to watch everybody else repeat it

    A Zero Hedge comment

  15. #42
    India Central Bank Promotes E-rupee With New Features

    https://www.thefinancialtrends.com/2...-new-features/
    Never attempt to teach a pig to sing; it wastes your time and annoys the pig.

    Robert Heinlein

    Give a man an inch and right away he thinks he's a ruler

    Groucho Marx

    I love mankind…it’s people I can’t stand.

    Linus, from the Peanuts comic

    You cannot have liberty without morality and morality without faith

    Alexis de Torqueville

    Those who fail to learn from the past are condemned to repeat it.
    Those who learn from the past are condemned to watch everybody else repeat it

    A Zero Hedge comment

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