Guest Post by John Stossel
President Joe Biden and the media are excited about something new: a Central Bank Digital Currency, or CBDC. It’s a currency like Bitcoin, except controlled by the federal government.
Not everyone is a fan.
“Sometimes government does things that may appear to be benevolent but really are kind of like a wolf in sheep’s clothing,” says Florida Gov. Ron DeSantis in my new video. “This is a wolf coming as a wolf.”
For months, I’ve tried to get DeSantis to sit down for an interview. What finally got him to agree was government’s plan for digital money.
“If you don’t trust central authority,” DeSantis says, “then you should see this immediately as something that is very problematic.”
Of course, a lot of people do trust central authority. The Biden administration says a CBDC will “protect consumers, investors … and the environment.”
“That last one’s a tell,” laughs DeSantis, “they would impose ideology certain criteria … ‘You’re filling up too much (with gas). Wait a minute — climate change. You can’t be doing that! You bought another firearm? No, no, no.'”
Canada’s government used its banking system to control people when truckers protested vaccine rules. The government blocked their bank accounts. That stopped the protests.
DeSantis is so upset about the Fed’s and Biden’s plan for a CBDC he just got Florida’s legislature to ban its use in their state.
I ask, “This will be a national issue. Why is it the business of a governor?”
“This is part of our role,” he responds, citing federalism. “There’s a back and forth between the federal government and the states. We’re pushing back about things we don’t think are good.”
DeSantis questions the CBDC’s legality. “The Federal Reserve has come out and said, We would only do it after ‘consulting with the legislative and executive branches. Ideally, we’d get specific congressional authorization.’ Wait a minute! It’s not ideal that you get Congress. That’s what the Constitution requires!”
Of course, the media is enthusiastic about a government-controlled CBDC.
CNBC says it will be “as trusted as cash, as convenient as a payment app, yet also benefit from the same blockchain technology which underpins cryptocurrencies.”
“When I started talking about some of the dangers from privacy,” DeSantis tells me, “the corporate press … all of a sudden (said) ‘DeSantis is trying to promote conspiracy theories!'” MSNBC even called it “unhinged conspiracy theory.”
DeSantis wonders why the media even care. “Is it really because they are really that invested in cross-border transactions?” he asks. “Of course not. It’s because this is something that could help them advance their ideology of having more central authority … over the average American.”
I push him, “America’s going to fall behind!” The Wall Street Journal says America’s financial system is outdated and CBDCs will modernize it.
“Oh, please,” DeSantis sneers. “They want to move to a cashless society, which would basically mean the Federal Reserve, Treasury Department would have supervisory jurisdiction over all of your transactions.”
“Cash is independence,” adds DeSantis. “You have the cash in your wallet … It’s not dependent on somebody else.”
In other words, cash is private. So is cryptocurrency, like Bitcoin. People can buy gas and guns without using government money at all.
Advocates of government digital money don’t like that.
Sen. Elizabeth Warren says, “Legitimate digital public money could help drive out bogus digital private money.”
“She clearly would be somebody that rejects any type of digital asset that’s not controlled by a central authority,” DeSantis responds.
The federal government, says DeSantis, wants “to displace all cryptocurrency because they can’t control that,” telling me, “the dangers so far outweigh any proposed benefits.”
DeSantis and I then talked about many other things, like sex education and what critics call the “Don’t Say Gay” law, Florida’s anti-mask mandates, America going broke and his flying migrants to Massachusetts.
I will cover those topics in a future column.
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As Catherine Austin Fitts said ( Solari Report ) , they the technocrats and what Aldous Huxley called world controllers, are building each separate component of a control grid , and then bolting them together in modular fashion , like a pre-fab house.
Never heard it said better.
Vaccine or climate passport, CBDC , QR code / chip in hand to buy food. Beast system
Trust the behavioral science.
And whatever you do, be sure to comply, comply, comply. As bad as .gov is, no .gov would be even worse. Be sure to never try it on for size.
/s
Behavioral Science! Acronym? BS. FIFY
The few that wish to control everyone need to go away. permanently.
somebody needs to get like a crypto bounty set up for the heads of these globalist asshats. I’d do it for free. just give me whats needed and shit will pop the fuck off. People are pussies. I’ve got nothing to lose. sign me up.
The time is approaching when you wont have the luxury of sitting back on your haunches, focused on your GOD-DAMNED jobbyjobz.
The time is approaching when ALL OF YOU must make a stand for what you believe in, and you don’t have a choice about that, because that fight is coming for you. Since all of your opinions are deemed criminal by our overlords, you can expect to have shooting battles with government goon squads.
Get used to that.
I’ll be gone before the beast arrives! Getting old and do not care if it’s disease or a bullet at my front porch. Old Hessian is not playing their silly game! Ordered my T-shirt that says- Does not play well with others.
Become a reporter, and schedule an “interview” with Soros before you go…
Or jamie dimon. Or hillary. Do SOMETHING before you kick the bucket.
That would be cool. Then you’d live forever.
Digital currency ,they can’t even keep your ,debit and credit cards from getting compromised.Whos gonna run this shit show ? The Indians ,the Negro affirmative action geniuses?My neighbor is currently trying to clean up his identity theft nightmare,what could go wrong with a digital currency lol.
I had a fraudulent charge for over 14k this year.
Me $2500 fraudulent credit card charges, all in small increments.
UPS lost a 100 pound roll of my fence wire from their Jacksonville Fl warehouse; it just walked away. Home Depot’s Atlanta warehouse charged my credit card for a $120 water pump I didn’t order or receive.
Did you think that CBDC was about keeping your money safe … for your use?
Agencies and industries will crop up (already have) to help you “resolve” identity theft. That is, it’s a burgeoning industry — good for GDP.
Do you also think the insurance industry fights like hell against insurance fraud? They actually encourage it to a point. As long as it stays within some bounds, more fraud is just an excuse to raise premiums yoy indefinitely. It’s a racket.
Identity theft prevention/resolution is also a racket. Soon to be one of the most lucrative rackets.
It’s a feature, not a bug.
I believe the Comanches will be called out from Oklahoma to run it. That is if not loaded on white man’s cheap whiskey.
I was thinking more in line of Indians from the subcontinent,but he’ll commanches maybe lol.
This is the same federal government where IRS was hacked and lots of files were compromised; where the federal personnel bureaucracy was also hacked and lots of identity theft occurred …
This is all about putting an ever tighter noose around the necks of We The People Of The United States …
I will NOT submit !!!!!!!!!!!!!
cbdc is no different from taking my guns or forcing me to vaxx.
Its a hill to fight and maybe die on.
OK, Langley bot.
So if you EXPRESS A WILL TO RESIST your a glowie to you ?
I think YOUR the BOT on this site or a whipped cur.
Maybe, it’s hard to know.
Spoken by Mr. Big Government himself … he couldn’t have said it better …
Like “pearl harbor?”
No John the bank freezing didn’t stop shyte. It was the goons brought in from offshore, the OPP and rcmp thugs that shut down the protest. It was lack of resolve to carry thru to the end that helped shut everything down. It was scum asswipe tow truck drivers that helped shut it down. It was the aid of a truckers union that helped shut things down.
All the banking freeze did was prove that your bitcoin isn’t as safe as you thought it was.
“It was the goons brought in from offshore, the OPP and rcmp thugs that shut down the protest.”
Saw this yesterday about the fun to be fueled in the States via unrestrained immigration:
https://theoutlawintrepidreporter.blogspot.com/2023/05/rubicon-crossed-and-then-nuked-after.html
This rubbish will be the new, private army that President Trump’s predecessor salivated over … to be turned loose on US …
Protesters need to carry flammables with them. Lite ’em up! Hard to beat people when you find out you are on fire! It will also thin the ranks of those looking for a job of oppressing the public!
Texas Wants to Create a Gold and Silver-Backed Currency
Can the fiat system be reformed? Can this be done or at least initiated at a state level?
https://sashalatypova.substack.com/p/texas-wants-to-create-a-gold-and
PM’s were money for 5,000 years and should never have been allowed to be made illegal. Every state should make them legal again.
I am no Jim Quinn or anything, but the statement that “CBDCs are something like Bitcoin but under government control” appears to be a gross misrepresentation.
I would describe it more like a golden shackle, except that it is made out of pyrite.
Anything we cannot opt out of is a shackle.
Bitcoin, not programmable to indivuals. CBDC’s are programmable to individuals. That is the BIG difference.
+100
TPTB moved Fed Chief Yellen to US Sec of the Treasury and de facto took over; the US Treasury plans to kill the US dollar (like TPTB killed JFK) and begin payroll, Social Security, Medicare, Medicaid, Food Stamps, etc, in FedCoins by Jul2024. All cash, all other cryptos, all silver and gold, even barter will become illegal. No man will be able to buy or sell with out the Mark of the Beast (TMOTB) and FedCoins. The FedCoins are programed and tagged with spyware. TPTB can turn them off at will. No more guns and ammo; no farmland. Suppose you have to big of a carbon footprint: no more gas or hamburgers for you. You are a Right Winger: your FedCoins won’t spend over 5 miles from your house. You protested against FJB: No FedCoins for you. This is worse than Affirmative Action Reconstruction & the Kakistocracy; this is as serious as the causes of Secession and the Civil War. All states need to ban Retail CBDCs like Florida has.
If the CBDC were already part of the control grid in 2020, every one of us would be vaxxed today or dead from starvation. We would be quadruple vaxxed and they could force you to be sterilized, euthanized etc.
This is the end of the line and time to get off the train to hell.
Clarity. Maybe next time.
Meaning what, falcon?
Maybe ‘they’ll’ get it right next time.
CBDC will in short order usher in mandatory multi-vaxxes that we will not be able to opt out of. Your only option then is to go underground , no cell phones, no computers, no traceable vehicles, etc. Survive the best you can .
Just imagine how many dead folks there will be. They want it all.
Totally agree.
Listen to Josh Turner’s song, Long Black Train! I don’t know how to link it here, tech rookie.
Big plus for DeSantis fighting the potential for tyranny. He is way more up to date on bad policies. Just like he was with covid.
Oh well I prefer being alone lol
.
Adding to the above possible timeline: They’ve created their titanic humanitarian border crisis. Next, Jo Burden Admin will declare state of emergency. Yellen will trial issue CBDC for use through gimmigrant’s fedphones before our sorry lot is told to (not be such racist and) fall in line. All cash/FRNs greater than $10 to be turned in to remaining TBTF banks for conversion by some date shortly after 2024 sElection. Then the real Hieronymus Bosch, danse macabre starts.
Those fedphones will issue ATF/IRS “assignments”, on-screen warrants, govt vehicle access, rendezvous times, and BeastCoin payoffs for completion… an app, similar to a PokemonGo, just follow the instructions, amigo.
Like the Colossus of Daniel 2:31-33, this New Tower of Babel will stride across our hinterlands.