CBDC: Digital Monetary Enslavement
According to a massive report released by the BIS in June 2021, CBDCs will likely be tied to a digital identification system. To some, it may seem natural to design a new monetary system around a digital ID. In reality this is a giant, fluttering red flag.
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Under the proposed CBDC + Digital ID system, the Federal Reserve and government would have near total control over the flow of money. Over the past few years we have seen countless examples of why our governments don’t deserve these new powers.
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Giving government this kind of power is extremely dangerous. They will be able to freeze anyone’s account at will. Everything will be tracked and monitored by government.
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Many of us expect this will eventually lead to China-style social credit systems. Everyone gets a social rating/score, and if you do something the establishment disapproves of, your score drops. At some point you lose access to the financial system and government benefits.
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SEMPER LIBERTAS
https://FreedomMovement.info
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