This Is Why We Need to Talk About CBDCs

This Is Why We Need to Talk About CBDCs

 

 Video available at Odysee & YouTube

 

by Aaron & Melissa Dykes, Truthstream Media
July 14, 2023

 

(Normally this is the type of article we only share with our Patreons, but this needs to be seen by everyone who can.)

Central banks and governments, at a global scale, have prepared to implement CBDCs (Central Bank Digital Currencies) with important consequences for every aspect of freedom in our lives.

Though they will introduce it to the public gradually, its capacity for total control is immense.

It isn’t merely that the new dollar is digital, traceable and trackable. It’s based on blockchain technology, of course. It isn’t merely that small business will be hurt (yet again) or that private transactions will be eradicated. Nor will it be merely consequential for drug dealers, scammers, or illicit trades.

CBDCs will be PROGRAMMABLE. Where and how money is spent is literally built into this new currency. And they plan to use it to change how money is used.

Yes, CBDCs are programmable. The executives that frequent the World Economic Forum and the other elite forums have said so.

And so, CBDCs will not just be money. No, not at all. CBDCs are designed as tools of a very political and ideological agenda; some of the worst policies that have been pushed in recent decades will now have the force of spending controls to “nudge” people into submission and compliance.

Again, CBDCs ARE PROGRAMMABLE. Whoever controls the money controls the agenda. That is the point.

Why is this important? Central banks, private banks, government authorities and global designers will have the power to turn on and off transactions of every kind. They can algorithmically-determine precisely what the CBDC money can be spent on; when and under what conditions; and by who.

At the touch of a button, PROGRAMMABLE cash in the form of CBDCs can block the sale of firearms, alcohol, cannabis or tobacco. Or other sensitive products. But that’s just the start (you knew that).

At the same touch of a button, PROGRAMMABLE CBDCs can prevent the sale of meat, dairy, candy and junk food, or disallow the purchase of gasoline or use of a vehicle (and an endless array of other examples; you get the idea.)

With yet another press of the button, they can also freeze bank accounts of political dissidents — like those supporting the recent trucker protest in Canada, for instance.

Spending under CBDCs could be allocated for specific purposes — like rent and groceries — or be timed to expire, requiring, for instance that money be spent by the end of the month.

CBDCs could also prevent individuals with “bad social credit scores” from purchasing anything more than the bare basics of survival. Black Mirror’s Nosedive has already depicted as much, but that’s mild compared to what’s possible.

Blackrock CEO Larry Fink recently said: “Behaviors are gonna have to change. And this is one thing we’re asking companies — you have to force behaviors, and at BlackRock, we are forcing behaviors.”

BlackRock CEO: “At BlackRock we are forcing behaviors… you have to force behaviors.” pic.twitter.com/2Q2H84GPC7

— Te𝕏asLindsay™ (@TexasLindsay_) June 4, 2023

The compliance of private businesses — any major business who relies upon good standing in the global financial system — can also mandate adherence to any number of political agendas and purchasing behaviors. Energy caps; green conscience laundering; medical misinformation policies; sensitivity about world events, wars and catastrophes; identity politic political correctness shifting sand madness; polka-dots-over-stripes; anything is possible!

And the private policies of private banks and businesses — ultimately steered by central bank CBDC policies — could easily circumvent restrictions on our civil rights under governments and public systems. (And what could you really do about it? Where else could you go?) The Bank of International Settlements recently announced 93% of the world’s central banks are currently working on a CBDC, and the International Monetary Fund (IMF) is already hard at work on a global CBDC platform.

Social media and other tech giants have already paved the way to this version of circumnavigation-hell (I’m not touching you; I’m not touching you!!), even as it emerged that shadowy government agencies were literally coordinating the takedown of free speech online in violation of First Amendment protections.

This nightmare of privacy-less technological enslavement under CBDCs is complicated and perhaps predicated by the advent of AI and the loss of employment for hundreds of millions and even billions of people who once held relative autonomy over their own lives.

UBI (Universal Basic Income) funds will be increasingly provided by governments — as it perhaps must be in a scenario with no meaningful employment — not just for the poor and unemployed, but for nearly everyone. Certainly, people will need financial support to live their lives.

But that money would be used to control as much as it would be used to provide sustenance. Not only would every transaction large and small be tracked, but its use would be specifically tailored to the vision of life proscribed by the very powerful and their AI tech tools. Anything in violation of prevailing policies would be automatically out-of-bounds.

While this design could be used for good (though such powers are unwise), and many would give it that benefit of the doubt, those paying attention can see plainly its drawbacks and potential for the very worst.

With little-to-no context and no one to appeal to, an “artificially intelligent” system administers, gives, and takes away as it is programmed to do. Perhaps clumsily suppressing on the basis of key words and categories… perhaps insidiously on the basis of personalized profiles with millions of pieces of data. This system can and will automatically behaviorize all who live under its auspices, with grave consequences which are easy to predict. And even worse outcomes are quite possible.

Even under the most glowing version of this vision of the near future, where personal behaviors are improved, and people become “better” citizens, nicer neighbors and excellent stewards of the environment — even then, if a positive outcome can even be supposed — it would be a world without freedom.

Freedom itself is on the line under programmable CBDCs, in an almost direct way.

Instead of technology freeing us from worry, labor, and drudgery, it stands to reinforce and radically expand top-down control. This is not hyperbole.

New behaviorism — such as living within one’s allotted carbon footprint allowance — could and would be enforced easily, but tyrannically under this kind of system. Likely it would come with a velvety touch and a gradual implementation to dissuade outrage and condition acceptance; but in of itself, the system could nonetheless be flipped-on overnight.

A government powerful enough to give to all, and yet also take away from all is not only possible, but immediately part of the scheme. Accountability, dissent, free expression, and independent lives could all become a thing of the past, replaced by an engineered obedience, dulled further by the extremes of algorithmically driven group think.

Polls show that CBDCs — now being pursued by the Federal Reserve in the United States and by most every major government and financial system around the globe — are extremely unpopular with the people, but only by those who are aware of their potential existence and uses.

The vast majority of the public — most already lost in a sea of apathy and indifference — remain ignorant of how radically the money system they live under is changing. People need to be informed. Dissent needs to be expressed now while it still can be.

The unfortunate, flawed maxim “If you’re not doing anything wrong, you’ve got nothing to hide” is due for a nightmarish upgrade. The elites, already concentrated in wealth and power — and now unleashing AI — plan to literally program and control your entire life through digital currency.

Something huge is happening. Please pay attention. Please tell people what this can do. Please make your voice heard.

 

Resources

The Trust Game ten episode financial docuseries by Truthstream on Vimeo (to Support TSM)

The Trust Game on YouTube (for free)

Bank of England Tells Ministers to Intervene on Digital Currency ‘Programming’

CATO Poll: Only 16% of Americans Support the Government Issuing a Central Bank Digital Currency

CATO: Central Bank Digital Currency — Assessing the Risks and Dispelling the Myths

 

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Cover image based on creative commons work of: FreeGiver & geralt