Tag: digital currency

Guest Post by Kit Knightly

Building on the bitcoin model, central banks are planning to produce their own “digital currencies”. Removing any and all remaining privacy, granting total control over every transaction, even limiting what ordinary people are allowed to spend their money on.

From the moment bitcoin and other cryptocurrencies first emerged, sold as an independent and alternative medium of exchange outside the financial status quo, it was only a matter of time before the new alternative would be absorbed, modified and redeployed in service of the state.

Enter “Central Bank Digital Currencies”: the mainstream answer to bitcoin.

For those who have never heard of them, “Central Bank Digital Currencies” (CBDCs) are exactly what they sound like, digitized versions of the pound/dollar/euro etc. issued by central banks.

Continue reading ““Programmable Digital Currency”: The next stage of the new normal?”

Guest Post by Martin Armstrong

The move to end paper money and move toward a national cryptocurrency took a major step recently when the House Financial Services Committee task force expressed support for experiments to create a digital cryptocurrency version of the U.S. dollar. They argued that the United States had to keep pace with China, and in the process, they enable all Americans to access the digital economy. Neha Narula, who is the academic director of MIT’s Digital Currency Project, testified claiming, as they did in creating the euro, that the benefits of a digital dollar will lower costs within the electronic payment system. Of course, China also cracks down on protesters in Hong Kong. Obviously, the United States must crackdown on all dissent and cancel them from society to keep pace with China.

Continue reading “The Real Digital Plot”

Guest Post by Martin Armstrong

We will be releasing this report this week which includes, as part of the Great Reset, the push to eliminate currency to move toward a digital currency world where they can track everything we do and allow for drastic increases in taxation. They have been suddenly justifying this by claiming that viruses can live on surfaces. So after using money in coins or paper since 700 BC, we have suddenly determined that money is too dirty and we need only digital money to be safe in the future.

Continue reading “Central Banks & the Hidden Agenda to Control Society”

Guest Post by Jack Dapper

Good day Earth Clan—

Imagine this hypothetical situation from the not too distant future:

A widowed grandma no longer has the physical strength to take care of the yard work of her home. She has a bright and well-mannered grandson, who happens to have a pretty and polite high school sweetheart. She nurses a not-so-secret desire that God will bless her with the longevity to see her great-grandchildren. Regardless, the yard work needed to get done and so she hired her strapping young grandson to mow the lawn in the warmer months and shovel the driveway in the colder months, among other sundry tasks throughout the year. She compensated him handsomely for his efforts, paying him $3,000 over the course of year, plus $500 each on his birthday and Christmas.

Continue reading “Digital Dollar Ending Privacy and Liberty”