THE GREAT RESET WITH CRYPTO - RIPPLE XRP & CBDC - WEF SECRET AGENDA

THE GREAT RESET WITH CRYPTO - RIPPLE XRP & CBDC - WEF SECRET AGENDA

August 31, 2023

THE CURRENCY WAR - FOLLOW THE MONEY

Common Sense Crypto

Enter CBDC — The Latest Lie from Above

As we now see in the slow yet inevitable evolution of Central Bank Digital Currencies, technology can in fact be used to further diminish rather than enhance human liberties.

It seems that in 2022 and now 2023, everyone is suddenly asking about CBDC. And they should be.

But what is it?

To begin with, CBDC is not a new currency, it’s a new payment system—one that is digital and encrypted rather than paper-based. Instead of dollars, yen, lira and euros, we’ll soon have e-dollars, e-yen, e-liras and e-euros etc.

In short, more crappy fiat money—just in digital form.

Furthermore, CBDCs are not cryptos. Yes, they are digital, encrypted and kept in a ledger, but they do not involve blockchain.

In essence, and much like a Visa or Mastercard service, CBDC involves a similar ledger technology, but in this new and twisted case it’s a controlled (rather than distributed) ledger of encrypted digital currencies managed by central banks.

In this new payment system, we hold digital money accessed by apps on our smart phones with an account directly linked to a central bank with (as the policy makers remind us) far greater speed and less intermediary costs (otherwise typical to credit cards).

All good, right?

Not so fast...

The globalist architects of the Great Reset at the World Economic Forum have thrown their weight behind the concept of Central Bank Digital Currencies, claiming that state-controlled cryptocurrencies will “revolutionize” the future of finance.

Just days before its annual meeting in Davos, in which elites from enterprise and government descend upon the Swiss ski resort town, the World Economic Forum (WEF) has released a list of technologies that it believes will “change the world by 2027”, including such New World Order staples as the Metaverse and so-called green energy.

In its list, the Klaus Schwab-led group said that Central Bank Digitial Currencies (CBDCs) will “revolutionize the financial system” through “increasing financial inclusion and improving the lives of billions of people globally by providing access to cheap and affordable financial services.”

“For banks and issuers, they’ll be able to integrate their existing infrastructure and be able to provide a broad spectrum of CBDC-linked payment-related services and exercise cross-chain interoperability protocols for universal payment access to digital national currencies, stablecoins, NFTs, the Metaverse and much more,” the WEF added.

As opposed to Bitcoin, which operate on a decentralised basis with no single entity or person having control over the value, ownership, or functions of said coins, CBDCs act like a digital form of traditional fiat currency, in that they are issued by central banks, and therefore are ultimately beholden to the whims of the state.

https://www.zerohedge.com/markets/2023-abcs-cbdc-great-resets-more-centralized-control

Original: https://youtu.be/SAOoenwCY34

#CBDC #Profits #Resources #WealthTransfer #GreatReset #Plandemic #USDollarCollapse #CRYPTO #XRP

Hey, I am Rich from Common Sense Crypto, bring you crypto news & information regarding the cryptocurrency market. The content on my channel will focus on news, common sense, insights and overall guides regarding XRP, Bitcoin, Ethereum, HBAR, & various altcoins.

#XRP #Ripple #Bitcoin #Profits #WealthTransfer #GreatReset #Plandemic #Vaccines #BillGates #Klaus

$1,000 SIGN UP BONUS ON MEXC: https://bit.ly/3P8NBq7

Follow: https://www.youtube.com/@CommonSenseCryptoYT

=

Welcome to Common Sense Crypto! I bring you the latest cryptocurrency news & analysis. I will dedicate my time & work to bringing you all daily videos covering the cryptocurrency market including, but not limited to Bitcoin, Ethereum, Ripple XRP, Hedera HBAR, & many other altcoins. No matter if you are focused on the latest news or looking for help regarding cryptocurrency information & analysis, you found the right channel! My channel is dedicated to helping you stay on par with what is happening around crypto at all times!