12/4/22 SSN The Political Pendulum E3 PIII: Us v Them Pre WW II Germany? Government Digital Currency

Government Digital Currency and Freedoms
Intro to the March 4th 2002 Hoover Institute forum “U.S, China, and The World at Crossroads”
China Digital Currency
*Technical Revolution a Fourth Industrial Revolution like Klaus WEF
* China Developing Digital Currency appears to be forcing the Free World into doing the same?
*Is Freedom and Privacy a Disadvantage?
*The U.S. Dollar As The World Reserve Currency what does that mean to our everyday lives?
*If the leverage being the world reserve currency protects Americans, The Constitution and Our Inalienable Rights, and the freedom of others worldwide that is extremely import, but what if Nations like Communist China or even Iran convince the World that the U.S. is evil, and tyrannical?
*That the U.S.A. wants to control them all like a bully despite historically that the U.S.A. is one of the few nations that shed its own citizen’s blood to fight in wars and when victorious did not annex the conquered nation, but instead sent id for them to rebuild
*Or even convince the world that the U.S. is out to destroy the planet
*Most alarming what if forces of tyranny like China and Iran could convince enough of the American people their nation is completely evil to destroy it from within!
**The forum is two hours long so we will play you just some clips of importance from what transpired and provide you with a link to the full event.

*Digital Wallet
*Two layer system
*Beijing wants little disruption
*ECNY and Blockchain completely difference
*Centralization v. diversity
*guarding privacy are we supposed to believe that
*Crypto Currency China was never found or it, but interested in its technological workings.
*China already has their system in place for economic and political purposes.
**What could go wrong with Chinese government or any government controlled Digital currency?
*Economic Control by the Communist Chinese Party
*Social Credit Scores
*Who will Watch the Watchers?
*Imprison decenters
*Hong Kong
*Strength the power of the Dictatorship
*China is already a Cashless Society
**Adhering to the Communist State
*Carrots and Sticks
*Complete control
*No food for you: NOTHING FOR YOU! Comply
*What’s the difference between what the U.S. Federal Government and what they do with grants and earmarks now, can you imagine if they had the power of a cashless society here in the U.S. what they would do?
*Good question from Kevin Hasselt one of Trump’s Economic Advisors on China’s Control of countries in its sphere
*Great Question, but didn’t hear and good answers
**Listen to the short clip outs and consider what is being said.
BTW Gisler who may be connected to the FTX Cyrpto Scandal is referenced in the video
*Integrity would play an import part of protecting our rights and our overall well-being
*Bottom line is We The People would be placing a lot of trust in the hands of government with digital centralized currency or manner of exchange, a government which has not proven to be trustworthy that wants concentrated power over our lives much like in Communist China.
March 2022 Hoover Institute China Digital Currency
https://www.hoover.org/events/digital-currencies-us-china-and-world-crossroads

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