Central Bank Digital Currencies (CBDCs) Why They Are A Good

in voilk •  4 months ago

    The Federal Government wants supreme control over digital currency. Effectively, it wants to reboot the banking systems that Alexander Hamilton first architected. This time, though, it wants the ability to track and see every movement of any exchange:

    From Black Listed News:

    An author and political activist shared that the Massachusetts Institute of Technology (MIT)’s Media Lab, which has direct links to child trafficker Jeffrey Epstein, has funded three central bank digital currency (CBDC) pilot (trial) programs, two of which are ongoing and none of which have been covered by the mainstream media.

    In contrast with other forms of digital currency, CBDCs require that individuals open bank accounts directly with central banks such as the Federal Reserve, giving governments control over citizens’ access to money and opening the door to unprecedented tyranny.

    Pedophiles. MIT. Technology. Banks. Tyranny. None of that sounds good. Why then, is the title of this article why it is a good thing? (Martha Stewart hasn't trademarked that has she?)

    It is a good thing in the sense that going to the doctor and getting diagnosed with a long, agonizing disease is a good thing. There are treatments. There is the potential to recover. There is hope. There are paths forward and there are antibiotics:

    U.S. Sen. Ted Cruz recently introduced the CBDC Anti-Surveillance State Act to prohibit the Federal Reserve from issuing a CBDC, warning that “The Biden administration salivates at the thought of infringing on our freedom and intruding on the privacy of citizens to surveil their personal spending habits, which is why Congress must clarify that the Federal Reserve has no authority to implement a CBDC.”

    So the resistance has drawn a line in the sand and the antidote is clear.

    But what should happen if that antibiotic fails? Why, then it becomes a system that sounds suspiciously like the "Mark of the Beast" from Revelation, and that means if that is the case, ultimate redemption draws near for those who believe.

    Either way, the problem will be solved. It is only a matter of the level at which the problem will be addressed.

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