Putin calls for “full-scale implementation” of digital ruble
The Bank of Russia's CBDC has proven its "efficiency and functionality"
Riley Waggaman
![](https://off-guardian.org/wp-content/medialibrary/riley-digital-ruble-banner.jpg?x66930)
Praising the “efficiency and functionality” of the Bank of Russia’s CBDC, Russian President Vladimir Putin instructed his government on Wednesday to prepare for the widespread introduction of the digital ruble.
“Now we need to take the next step, namely: move to a broader, full-scale implementation of the digital ruble in the economy, in business activities and in the financial sector,” Putin said during a meeting on economic issues.
Since August 2023, the Bank of Russia has been conducting a pilot program for the digital ruble involving 12 banks, 600 individuals and 22 trade service enterprises. The program will be expanded in September to include an additional 20 credit institutions. Participants will be able to make payments via QR code during the second phase of testing.
The law on the digital ruble was adopted in July 2023, designating the Bank of Russia’s CBDC as the third form of national currency. The CBDC will be introduced into the economy beginning in 2025.
![](https://off-guardian.org/wp-content/medialibrary/riley-putin-cbdcs-headline-1-650x1522.jpg?x66930)
Despite widespread opposition to the digital ruble from across Russia’s political spectrum, the Bank of Russia and its media cheerleaders claim that the traceable, programmable, centralized digital token will help bypass sanctions and fight corruption through greater financial transparency.
However, Moscow already has an alternative to SWIFT that can be used to circumvent sanctions, and the Bank of Russia already has the ability to monitor all money transfers in the country.
![](https://off-guardian.org/wp-content/medialibrary/riley-putin-cbdcs-headline2-650x1040.jpg?x66930)
On Russian Telegram channels, reactions to Putin’s call for the “full-scale implementation” of the digital ruble were mostly negative.
The good news is that the Russian government might be too incompetent to fulfill Putin’s dream of a CBDC paradise.
“Considering the fantastic ability of the Russian authorities to fail any projects, skepticism about [the widescale adoption of the digital ruble] does not dissipate,” Russian commentator Anatoly Nesmiyan observed.
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Beer is currency. Mountain bikes, sexual favours, stolen property and drugs are currency, not to put too fine a point on it. Has Putin just re-introduced an incentive to bypass officialdom?
Underlying the concepts of money are ideas of utility and confidence. Why was silver used in Greek war-zones? Conversely, what was the function of the village notary in traditional economies, presiding over publicly made mutual commitments?
Centralised and with control of value external to both the mutual contracts and the thing itself, CBDCs are bound to promote creative currency substitution.
Boo Boo. ‘ere, give us a bottle of pickles over the fence, I’ll ave some luvly fresh eggs for yer the day after tomorrer.
Many think Russia is against it.
Riley proving there fully on board.
Isn’t curious that RW rarely if ever, compares the obvious destruction of Western pillars of society ie the destruction of the family unit, father ( male), mother ( female) and children, nationhood plus the forced Satanic paedophilic perversion ideology indoctrination compared to the Russian Federation and other countries. This was very apparent for all to see in the debacle of the Paris Olympics.
https://strategic-culture.su/news/2024/08/02/paris-olympics-epitomize-toxic-western-elitism-and-disconnect-from-real-world/
The poor conditions in the Olympic village (cardboard beds, food scarcity, no AC, etc.), the female boxer debacle and the opening/closing ceremonies were designed to sabotage the Olympic spirit. Some people seem to actually oppose the world coming together in celebration as if to say “How dare the plebs try to achieve greatness!”
They’ve succeeded only if people stop supporting these amazing athletes.
Every world leader’s Achilles Heel is their obsession with being up to date and on board with whatever the latest technological “advance” happens to be. If for no other reason it makes them all look like they’re working together toward a common goal – which certainly is true of the Five Eyes and its subordinates but may not be true of everyone.
Somewhat curious that Putin should hand the Democrats a big ‘good news’ story with this prisoner exchange when he only had to hang on a few months and could’ve given it to his sock puppet collusionist chum Trump…
Has he never heard of the October Surprise?
Meanwhile Mark Goodwin and Whitney Webb just published a great expose of the other side of the two headed digital coin…
“Trump Embraces the “Bitcoin-Dollar”, Stablecoins to Entrench US Financial Hegemony”https://unlimitedhangout.com/2024/07/investigative-reports/trump-embraces-the-bitcoin-dollar-stablecoins-to-entrench-us-financial-hegemony/
Timing is everything…
Article linked here: https://unlimitedhangout.com/2024/07/investigative-reports/trump-embraces-the-bitcoin-dollar-stablecoins-to-entrench-us-financial-hegemony/
PS Thanks to Riley Waggaman for bringing this into the spotlight…
So what have the sheeple expected?
Trump coming into office and with a click of two fingers he is taking out Larry Fink Blackstone, all the Pedos, Deep State Pentagon and Langley, Bill Gates Faecesbook and Musk IoT satellites plus the City of London……..to save YOU from all your troubles yes?!
This is what you expected, but Trump disappointed you yes?
Erik please read the article then comment:
https://unlimitedhangout.com/2024/07/investigative-reports/trump-embraces-the-bitcoin-dollar-stablecoins-to-entrench-us-financial-hegemony/
I saw this vid on that thread I posted on the black cube, thought it was funny
Slaves on the blockchain …chain gang.
Jabba de Hut (pizza) from the IBS explains….”you are the product”
First the blip and then the chip
What REALLY irks me to put it mildly is the casual way he says “We don’t know today who is using a $100 note …” as if he / the banksters even have the right to know.
It’s all set in stone already.
✅ + I wish people would understand that all National Governments (no matter who is in power) are mere “Policy Enforcers” with the BIS + Central Banks (together with WEF, CFR, Ckub of Rome, etc) being the “Policy Makers” – see Iain Davis
Karma’s overdo to give Jabba a jammer…let’s see how long this POS lasts…
I enforce upon him a crash diet.
Staples only
Judt to clear this up once and for all.
I have posted the link below previously – in response to other commenters at OffG – that the Central Bank of the Russian Federation is still a member of Bank for International Settlements.
https://www.bis.org/about/member_cb.htm
Scroll down the list of CBs in the link to find it.
Yet, Antonym today writes a comment further down stating:
Seriously, it only takes ten seconds to do a check, before putting digit to keyboard.
https://english.alarabiya.net/business/banking-and-finance/2022/03/10/Bank-for-International-Settlements-suspends-Bank-of-Russia-
Should we trust ALARABIA News?
Or BIS’s and Bank of Russia’s obvious hot love affair on their own Home Pages??
It takes only ten seconds in Moscow per bank card to try your Western plastic to find out that non work there: cut off at the knees by Western love. You can only survive there by bringing cash with you. No more branches of Western banks around too. Confiscating Russian financial assets abroad seems to the new normal for some Atlantic governments now.
Nothing to see folks, keep on walking.
Yet, Visa and Mastercard (both American ‘owned’) branded cards issued by Russian domestic banks still work in Russia. They use the Russian ‘Mir’ payment processing system.
Meanwhile, MIR is being adopted by more countries.
BRICS just keeps on getting stronger with more countries joining plus parallel systems for banking, payments, trade and so forth.
What perfect timing as Russia started a ‘war’ in Ukraine, just as the Plandemic narrative was collapsing, became an international (aka Western) pariah yet became more popular with the Global South and the East, strengthening trade and economic ties. Observe those Western ‘sanctions’ backfiring.
A globalist’s dream, as the multipolar New World Order they have long dreamt of comes to fruition, while the West commits economic suicide in the process.
Anyone may think that this was all planned well in advance.
“ Yet, Visa and Mastercard …still work in Russia. “
Oh dear !
https://www.rbth.com/business/337260-how-foreigner-can-bring-money-to-russia-2024
I said Visa and Mastercard issued by domestic (Russian) banks still function.
Here is my quote
It seems you omitted the important bit when requoting me. Read my comment again and notice that Mir processes the domestic Visa and Mastercard payments. Link below explains it too.
https://www.theguardian.com/business/2022/mar/06/russians-visa-mastercard-ban-domestic-purchases-mir
Oh dear, how disingenuous of you.
From the link I provided.
“Since mid-2022, Visa, MasterCard and American Express cards have officially ceased to be used as forms of payment in Russia. We’ll tell you what other methods of payment and importing currency are still available to foreigners.
After sanctions were imposed, major international financial companies suspended their operations in Russia. Therefore, Visa, MasterCard and American Express cards can no longer be used to pay in a store or withdraw
cash from an ATM. Because of this, tourists and business people have to look for alternative ways of paying or obtaining money. “
Suggest you read it throughly rather than thinking what they wrote !
You replied to my comment first, and tried to imply I was lying, remember?
i was referring to Russian banks so anyone with a Visa and Mastercard issued by a domestic (Russian) bank could still use it, since Mir processes the payments within Russia and selected other countries
You are referring to foreigners, as does your link. I never mentioned foreigners who do not hold Russian bank accounts, did I?
I already knew foreigners could not use their MC or Visa cards, hence I never said they could. I didn’t mention them at all in my original comment.
What the fuck are you arguing about exactly, when my comment was very clear in mentioning who I was referring to?
Here is part of your initial post .
“What perfect timing as Russia started a ‘war’ in Ukraine, just as the Plandemic narrative was collapsing, became an international (aka
Western) pariah yet became more popular with the Global South and the East, strengthening trade and economic ties. Observe those Western ‘sanctions’ backfiring.”
I am taking issue with your entire post. Ie “ Observe those Western ‘ sanctions’ backfiring.
By the way to misquote Thatcher, if people have to resort to abuse, they have no argument!
If people make no actual argument they also have no argument. It looks like you’re soft spamming generic disapproval and platitudes rather than usefully engaging, refuting, debating or discussing. And this is going round in circles. So I’m not letting more of this through. Please address specific requests made by Admin 1, link to actual corrections or alternative analysis and engage in organic discussion. Thanks, A2
“ If people make no actual argument..” Correct me if I am wrong, is not the entire thrust of this article, one of series of attacks on the RF by RW, without a fair balance of redress from other people and authors for that matter.
In regards, to Sophie’s intervention, it would appear that a blind eye is used to RW’s claim, as a fact I might add, of there being a wide consensus of negative views.
Does OG approve of open debate or is it only controlled debate which suits its views ?
You’ve expressed your opinion, and you’ve been invited to respond with something concrete. Making these sorts of accusations endlessly without backing anything up is just propagandising, and that’s not what this resource is for, I’m afraid.
You know, you don’t have to start the boring, undignified, finger pointing routine. ‘We’re controlled’. Ahh fuck right off with that, Brian. Come on, you can do better!!
” ..you^ve been invited to respond with something concrete ” I have asked for evidence that, according to RW, ” On Russian channels…mostly negative “.
Pray tell, since when is asking for evidence to substantiate a claim known as an opinion.
” ..start with boring undignified ..” Well, when I am being piled upon by the admins because of drawing attention to the point I made above, it would be better the reflections would be drawn nearer to home.
Now, if RW or your good selves cannot provide the evidence I asked for, I bid you Adieu !
You open the link to BIS. You go to Bank of Russia on the list and open the link.
What is stated in the NEWS 30 July 2024 on Bank of Russia’s own www home site cbr.ru ???
BANK OF RUSSIA: FOREIGN BANKS TO OPEN THEIR BRANCHES IN RUSSIA.
“Foreign banks will be allowed to set up their branches in the Russian Federation, while at present they can establish only subsidiary banks or representative offices“.
You thought Putin and Russia was resistance……..LOL…….you believed in it………..LOL…….Trump and Putin would do it………LOL………… 😂 😂 😂 .
“ just to clear this up once and for all “
Oh dear, !
https://thedeepdive.ca/bank-for-international-settlements-suspends-russias-membership/
DeepDiveNews March 11, 2022 2:48 PM Hermina Paull 0 Comments :
“BIS.on Thursday suspended Central Bank of Russia’s access to its “services, meetings and other BIS activities,” following Moscow’s invasion of neighbouring Ukraine.
So they were only freezing Russia’s activities inside the organisation, NOT suspending membership.
So Russia was not for a while able to make use of BIS stupid home page statistics and graphs, participate in their boring meetings, join the ski trips in Austria’s mountains.
Ohh dear, ohh dear, YES my dear Watson. We never got close enough to really get it, did we Sir?
Thank you Eric, saved me having to explain to him.
Also, if there was such a rift between BIS and Russia, BIS would have revoked their membership or Russia would have chosen to leave.
Neither of those happened. Reveals a lot.
Unfortunately, he forgets the Devil is in the detail. As you do !
“ So Russia was not for a while able to make use of BIS stupid home page statistics and graphs, participate in boring meetings, join ski trips in Austria’s mountains “
“ The Bank for International Settlements, known as the central bank for central banks, has suspended Russia from using its services following Western sanctions.
The move will prevent Russia’s central bank from accessing banking services at the Basel, Switzerland-based institution. Following Russia’s invasion of Ukraine, the U.S. and European Union blocked Russia’s central bank from utilizing about 40% of its $630 billion reserves.
Foreign reserves are by their nature held abroad, often in government bonds of other nations as well as at accounts with commercial banks and other nations’ central banks. The U.S. and European countries imposed sweeping sanctions on Russia in response to its invasion of Ukraine. Those strictures bar Russia’s central bank from conducting transactions with domestic banks in those countries, removing its ability to procure dollars and euros through selling its reserves.
Prior to the announcement by the BIS, economists said it was unclear whether the sanctions would prevent Russia’s central bank from accessing accounts and other services at the BIS.
“The Bank for International Settlements is following international sanctions against the central bank of Russia, as applicable, and will not be an avenue for sanctions to
be circumvented,” a BIS spokeswoman said. “The access of the central bank of Russia to all BIS services, meetings and other BIS activities, has been suspended. “
Dearie, dearie me, dearie me.
Education never ends, Watson it is a series of lessons, with the greatest for the last !
https://www.wsj.com/livecoverage/russia-ukraine-latest-news-2022-03-11/card/russia-suspended-from-bank-for-international-settlements-gEiXwjyiIlkp9jSTV7sU
Mon-bot just itching for a worldwide tax:
https://dumptheguardian.com/commentisfree/article/2024/jul/31/brazil-global-tax-billionaires-super-rich
This is really the perfect Batesonian double-bind: either support the mega-rich getting richer or a worldwide state with tax-raising powers.
Taxing the billionaires will reduce their power – while increasing the power of the global oligarchs i.e. exactly the same people! How “brave”!
Which country is ultimately in charge of most of the world’s most egregious tax havens? Funny how doing something about that isn’t what’s on the table….
London city,
switzeland
isle of man boost about an 0% rate of corporation tax, no capital gains tax, no inheritance tax, and no stamp duty.
I can assure you it is not brazil.
your alt right shilling ed.
It’s The City of London.
Wish the Suiturds would just BUCK OFF !
0100000101100111011100100110010101100101011001000010000001001010011011110110100001101110011011100111100100101100001000000100011001110101011000110110101100100000011011110110011001100110001000000110000101110011011100110110100001101111011011000110010101110011001000010010000100100001
Perhaps they’ll get the message or perhaps they never will…
“Democrat” Newsom has nothing against tens
of millions of illegal invaders who cost the state
billions every day and countless civilian casualties
from crime and violence. He considers this legal.
Illegal, on the other hand, should be good humor
(which always seems so authentic that it could be
real), which he personally wants to have forbidden.
These people should be chased out of their offices.
However, most ridiculous humorlessness,
(as is characteristic of the “democrats”) is
still allowed and even expressly desired!
https://x.com/MrReaganUSA/status/1816826660089733492
https://x.com/GavinNewsom/status/1817768956754788440
https://x.com/elonmusk/status/1817999713641062811
Wow: vomit alarm / extreme stench attack!
The identity of the “humanoid bioweapon”
(aka “stinker”) has not yet been disclosed.
https://www.newsweek.com/united-airlines-flight-diverted-biohazard-sparks-vomiting-1931366
https://x.com/thenewarea51/status/1817616110088597749
https://en.wikipedia.org/wiki/Biological_hazard
https://www.youtube.com/watch?v=nFKzWagRQFk
The perpetrators are now presumably mil-
lionaires. They claim that nobody has ever
found them unpleasant smelling. (Presu-
mably they mean among their own kind.)
“The odeur of 30 shekel”?!
If anything can be called anti-Semitic it is precisely that kind of discrimination that lead to the soap factories in the previous Sovjet..
This is not only homophobic, anti-vaxx, clima denial, but also self-hating anti-environmental ultra conservative.
Fun fact: With a landmark launch, the Pentagon is finally free of Russian rocket enginesIt’s been a decade-long effort to end the US military’s reliance on the RD-180 engine.
Or were they secretly cooperating a la WEF?
/s
If they all put us in the same digital prison what the heck does it matter whether or not they cooperate over rocket engines?
When you’re in your 15-minute zone lining up for your bug burger allowance and counting your carbon credits, are you gonna feel better bcz the news tells you America has its own rocket technology?
jesus man try to face the new reality
So long as it is not a Western controlled digital gulag (or perhaps even a real gulag) some people would happily walk into it.
Brand it with a Russian or Chinese flag and tell them Putin or Xi are the bosses and hey presto. It still hasn’t occured to some people that both of them are puppets, just as are the Western ‘leaders’.
Some here are still caught up in the binary Russia vs The West. Like you said, as if it matters.
I dunno. If Putin is a puppet then I do at least prefer the character they have created for him. His character seems to make a lot more sense than those of the ‘ free West’. I like very much what I read on RT DE generally…much better than the stuff in the ‘ free West’ which doesn’t make sense at all. He just comes across as the benign dictator type ( Tito- ish). I have often thought about looking in to emigrating to Russia ( just on the bais that they /Putin at least don’t seem MAD the way the ‘ free West’ does… but I am too old to learn Russian and it always seems to be terriby cold..and it could just be the sham you are describing!
OMG! Everything you said sounds true. Will nobody save us? What can we do????!!!
Certainly comforted to learn that some elements of the Russian public are as sceptical and distrusting about CBDCs and the Cashless economy as some folk here in the UK. Including me. I try to pay cash whenever I can, and don’t have a swipeable card (is that right ?) No, I have to do the full card in the slot and type PIN procedure. Missus is the opposite, talks to Siri, and swipes and taps with card and phone. She got scanned scammed in Harrogate last week, took money out of her account. Got it refunded but now waiting for replacement card. Fully on board with Cash is King but know the tide is running against me when I see fellow Pensioners buying pints of Bitter with their phones.
Give the Russian bashing a rest Wagga.
What would the article say if it wasn’t “Russia-bashing”?
“Putin will NEVER do cbdcs even tho he says he will – honest”?
“Putin definitely not a globalist even tho he claims he is”?
“Only Western cbdcs are a bad idea, Russian ones are nice“?
Maybe he might find time from his paste and post Russian smearing articles to look at in depth the comparison between the RF which promotes the pillars of any nation, the family against the Satanic paedophilic perversion being fostered on to Western populations!
https://johnhelmer.net/the-gods-of-hypocrisy-are-angry-but-the-pope-and-patriarch-are-shtum/
Facts are facts yes? Whether we like it or not.
You mean a post and paste job from this sites man in Moscow!
Is the “post and paste job” factually accurate?
If you find errors it might be helpful to post specific corrections rather than a generic link that does not offer any actual refutation.
If you do post a specific rebuttal of specific facts in the article we will of course pass them on to the author and invite him to make a correction.
Perhaps your man in Moscow can spend time from his incessant Russian bashing whilst ignoring simple things such as upholding : the traditional family unit, Religious beliefs, nationhood and Russia’s long long long history of fighting against the West’s attempts to dismember it, to show evidence for example this party piece.
“ On Russian Telegram channels, reactions to Putin’s call for the “full-scale implementation” of the digital ruble were mostly negative.”
So, from your failure to do as I suggest and point out specific factual inaccuracies in the article, I take there are none.
If you note the quote I made from his article, he states “ ..were mostly negative”. He has provided scant evidence to support this. A few paste and post snippets is scarcely proof !
I guess he could have provided an estimate of percentages. However he does quote some specific examples.
Here’s an opportunity for you. I suggest you research Russian Telegram channels and make your own estimate of positive/negative responses and publish your findings btl.
” The new measures aim to ease transaction difficulties due to international sanctions. ”
” Elvira Nabiullina, the central bank governor, emphasized that the digital ruble would complement existing cash and non-cash rubles, not replace them. ”
Russia set to legalize crypto and launch digital ruble for public use in a years’ time – CoinJournal
Is it developed countries via the BIS, central banks, wanting to impose CBDCs, digital IDs, etc. How would all those in slums in India, Philippines, South America get registered; how much computer storage space would be required to accomplish this global goal.
India has already done it. The world’s largest digital biometric ID database called Aadhaar which started in 2009 with 1.3 billion Indians registered.
Unfortunately, If they can do it, with a huge population and a highly rural one, then any country can and most likely will.
https://www.csmonitor.com/World/Asia-South-Central/2022/0425/On-biometric-IDs-India-is-a-laboratory-for-the-rest-of-the-world
As you said Aadhaar is just a biometric ID database, but the biometric part of it is not used for any banking transaction. It is used only in some cases — like getting a new SIM from one of the 2-3 telcom operators.
It doe not equal CBDC, although the Reserve Bank of India is going by the instruction of the world oligarchy and India’s oligarchy to get to it. Whether it will work is doubtful. Cash is still widely used here.
Any idiot can collect a load of nonsense, stamps, weird stones, steal the fingerprint from everybody one meet, your dandruff, whatever.
So what, for what? Why do some idiots collect stamps, because other idiots wanna buy them, why? Because other idiots collect them. Peace!
And there I was expecting to see headlines like “Putin announces CBDC trials a failure and Russia will not be introducing digital currency”.
The UK’s “trial” ends in 2025….
“You can’t hold back the tide of progress. I tried but failed.” — King Canute aka Cnut, 11th-century King of Denmark, Norway and England aka The Triple King.
We are not talking about progress here, but back pedalling.
InfoTech is the way of progress. Has been now for quite a few centuries. Naturally there will always be Luddites who rage against the machine, and wave red flags in front.
“Let us turn Logic into Number. Then all we need is to build an Arithmetico-Logic machine and: Calculemus!” — Gottfried Wilhelm Leibniz, German mathematician and philosopher (1646–1716)
‘Guilty.’
Is Russia in step?
https://timesofindia.indiatimes.com/world/rest-of-world/putin-nothing-is-more-important-than-love-and-children/articleshow/110600687.cms
Russia always has been in step. My wife remembers the Russian soldiers who gave up their seats to a mother and her child when the Red Army liberated Auschwitz and rid Poland of the Nazi plague.
From your Link:
“Russian President Vladimir Putin highlighted ..
Read more at:
http://timesofindia.indiatimes.com/articleshow/110600687.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
Putin as a child absorbed the best from both worlds: the old, Christian and family centred Russia from his pious mother who had him baptized; and the new Materialist and techno-savvy Russia from his Communist father, who was skulking in the shadows of the Cathedral to avoid being chaffed by his Dialectical Materialist comrades.
Hence why he supports the family unit, Christian, Muslim, Buddhist and other religions and refuses to permit the paedophilic perverted ideology into Russia .
Not saying the persons are equal, but saying the propaganda is equal:
Adolf Hitler loved children. Before the war consumed all his energies he entertained children at his holiday home on the “mountain” all the time. Over the years, his court photographer, Professor Heinrich Hoffmann, filled whole albums with pictures of the Master and children.![comment image](https://i2-prod.mirror.co.uk/incoming/article10133314.ece/ALTERNATES/s1227b/PAY-EXCLUSIVE-Hitlers-Alpine-Headquarters.jpg)
“ Adolf Hitler really loved children..”
https://owlcation.com/humanities/lebensborn-program-the-woman-who-gave-birth-for-hitler
“Sweden’s central bank has called for ‘urgent’ strengthening of cash as a payment means in legislation.
The Scandinavian nation’s authorities’ actions and policies on payments are closely watched internationally because it among the countries worldwide where cash is least used.”
https://www.globalgovernmentfintech.com/swedens-central-bank-calls-for-urgent-strengthening-of-cash-in-legislation/
“The first euro banknotes were introduced on 1 January 2002.
Now, more than 20 years later, we are preparing for a future banknote series.”
https://www.ecb.europa.eu/euro/banknotes/future_banknotes/html/index.en.html
Issuing new banknotes means holders will have to spend the old ones or exchanoge them at the bank.
Those who had decided to put notes ‘under the mattress’, such as the 500 and 200 euro notes will be forced to exchange them. Generally, only the 100, 50,10 and 5 euro notes regularly circulate in Europe. Many stores, restaurants and other businesses refuse to accept 200 and 500 euros notes, so holders will have to swap them at the bank and justify as to how they had them in the first place. Even someone with smaller notes would be asked questions which are recorded in writing, if they turned up with a large amount to swap at a bank.
By changing the banknotes, the authorities can identify the holders of larger amounts of cash. Larger these days can mean only two or three thousand pounds, euros or dollars, as anyone who has either tried to withdraw or deposit cash can testify.
Do you now see how this works?
Not so.
I have exchanged old or ddamaged Euro notes anonymously with no problems, and also made large withdrawals with no notice.
Cash is going nowhere, as my link shows.
IT experts please correct me, but I guess it would be feasible to set up a parallel system of Digital Cash. It would have all the convenience of CDBD; but it would also have the freedom of good old cash because by Law it would be protected from government spying.
Public Opinion is a powerful enough force to get that done in spite of government objection (in my humble opinion). The same could be done with protection of private correspondence from government spying IMHO.
“….because by Law it would be protected from government spying.” I doubt it, though as poverty stricken as I am I dont have a lot of direct experience in these things, I have seen enough, though, more than enough, to grasp that as far as domestic espionage goes (way too far) the protection of “law” is simply now an entirely massive thespian charade. Like the motto at the entrance to NSA’s Utah Data Center (massive beyond belief) puts it quite clearly, if dauntingly, enough, “Welcome to Mission Data Repository/ Under Management of [NSA] ~ If you have nothing to hide, you have nothing to fear.” If anyone does the math for that formula, it translates as, “If we so much as suspect you are hiding anything, at all, that grants us instant access to you, yours, now, past, and every possible future we can extrapolate out of your activities, including but not limited to your brainwaves.” Total surveillance. That’s real now. It may not hurt, or bruise, quite as much as Orwell’s boot in one’s face. But that doesn’t mean it’s not happening. [Actually for quite some time: I had a nattily dressed operative shout that at me in an almost empty & darkened parking lot at a Target store in Huntington Beach in 2013, just as I was telling a brilliant and likeable youngster about these issues, well out of earshot, and as the spook was coming from out of inside the store! I shot back, “Sounds like a man who trusts his own government!” That was about the time the psyops & black ops were redoubled against me in my travels (including two solid punches in the face by a cholo a month later). I’ve lived a lot of this, here in sunny southern California. But I did… Read more »
“Bidin‘ their time” of course, just to spell it out (correctly)
I do not doubt all that you say about the cowed state of Public Opinion in our dystopian EU$A, stamped into abject obedience under The Iron Heel of corporate fascism. Nevertheless, I believe that Public Opinion is a powerful force which can remove some of the “brain-forged manacles of man” which shackle us by government lies and threats.
My question to IT experts is this: Supposing that Public Opinion could enforce a Law against government spying on our private correspondence and government control of our private money, could such a crypto-system be implemented on the www? (World Wide Web). A system of e-mail and e-money which would have the global convenience of digital transactions but be immune to government interference?
(With legal prosecution up to and including death penalty for any agent caught trying to hack the system).
I do not know much about CBDC but I heard that for more than hundred years, thousand of different types of local moneys like the L.E.T.S.(Local Exchane Ytading Systems , S.E.L. (Systeme Echange Local) made by citizens small local non profit associations having between 50 and thousand members. They have been so efficient locally replacing banks and saving local economies in Canada, Europe, in Argentine with the Patagon.a local money which really saved the economy of Argentina !!!
I am surprised not to hear of this so efficient easy solution. Imagine millions of decentralized local moneys in the world !!!
No, the issuing of new banknotes does not mean the old ones cannot circulate in parallel, before being withdrawn due to damage etc gradually.
New series of notes does not imply that old ones are taken out of circulation.
For example Charles III notes are now entering circulation, but notes with Liz remain legal tender.
When the Bank of England introduced plastic notes, a date was announced when each of the paper denominations would no longer be legal tender.
In June 2021 the plastic £50 entered circulation and by September 2022 the paper £50 was no longer legal tender. Only 13 months later.
https://wwwtest.bankofengland.co.uk/news/2021/june/the-new-50-enters-circulation-paper-20-and-50-will-be-withdrawn-in-2022
Therefore, anyone with the paper notes had to spend them before that date or exchange them at a bank, although banks were not obliged to accept them, even as deposits, after that date. That would leave only an exchange available at the BoE after that date.
The point is anyone who had a large amount of paper banknotes was asked questions about the origins of those notes before being able to exchange them. It would not matter if someone split them up into smaller value exchanges unless extremely small as a couple of thousand a time is considered large and is recorded. It was supposedly for money laundering prevention, in addition for HMRC tax purposes.
15 months later, not 13. Edit function still does not work.
From my experience RR it hasn’t always been easy to spend £50s on the UK Highstreet, even had grief at Morrisons supermarket; till girl calls supervisor, supervisor calls junior manager etc. All examine the note then look at me as if assessing God knows what. €500 & €200 notes doesn’t bear thinking about.
That is so true. Pull a £50 out of your wallet in UK and the staff look at you like you have 2 heads.
I had noticed some UK shops used to state on a sign that they did not accept £50 pound notes. Now most don’t bother with the sign since so many people never even use a fiver. Every purchase goes straight onto either the debit or credit card or their mobile phone.
I did have a couple of 1000 euro notes. I bought a van with them in Spain. To get our stuff back to England and begin to prepare for what I knew would happen next. (2012)
Quiet relentless persistence when necessary.
What is special about 2012?
Enough of the writing on the wall was clearly legible by then. It was clear that the Guardia Civil were under orders to close us down.
https://www.ecb.europa.eu/euro/banknotes/current/html/index.en.html
‘Banknotes from the first series are legal tender and will always retain their value. They will continue to circulate alongside the Europa series…”
The banknotes must therefore not be exchanged.
Yes, you are talking about the second series (Europa) vs the first. Yes, that is correct, the two run concurrently although there are relatively few of the first series still in circulation.
However, I am talking about this latest move for future banknotes. The Europa series only completed issuance in 2019. Yet, ECB already started consulations on the design for a third series in 2023, only five years later.
Who is to say, if the next (third) series of notes will allow series one and Europa to run in tandem or will they follow BoE and remove the older notes as legal tender?
Also, just because there are plans to issue new banknotes does not mean that they will go ahead with it, or that everyone will be entitled to hold them or spend them legitimately.
Plausibly, it could be linked with a digital or other ID, such that spending banknotes will be tracked. A variation on CBDC but with a requirement to track all cash transactions.
That’s always been SOP for/in USA INC.
Let’s hope it stays that way.
After all, it can be very problematic for them to dismantle many laws on the books and practices, customs, Constitutions, etc. and from more than just a quaint Public Relations (organized sucker punching) perspective. They went for the quick KO of the public in 1930s Germany, but incrementality in eviscerating America makes more sense, due to many modern circumstances and angles.
Dissidence itself, not so much a problem here.
Just long-term practical concerns. Or issues.
As Margaret Hamilton, as WWW Wicked Witch of the West was wont to coo, in her castle above Oz, “These things must be done del-i-cately… Or you risk breaking The Spell.”
Here, let her parse it, “…these things must be done del-i-cate-ly or you hurt the spell”
https://youtu.be/VdeLkCkdf5Y?si=YbP1kj93q7TLzUSQ
I see how it should work, higher prices means higher bills in circulation to pay those prices, what i see working is the inflation of prices, as circulated bills are reduced to smaller bills.
Why should the gvts spend like drunken sailors w/o accountability while at the same time they want to monitor the citizens use of money?
Its the hypocritical wolf in sheep’s clothing.
OT:
27 taken to hospital, 12 treated on the scene.
O RLY?
No mention of any injuries to people other than the governments enforcement agents……..
Funny how the blokes in helmets and body armour are always getting injured, eh?
Not wishing to suggest any disrespect or lack of sympathy for anyone affected by this tragedy in Southport. However, I can’t remember the occasion or reason for public unrest, sadly, but do recall quite a few injuries reported along the thin blue line actually turned out to be Wasp stings.
The “enhanced stop and search powers” are in place until 19:54 BST
Make of that what you will…….
I mentioned in the previous topic that the new government seem to be going out of their way to upset as many people as possible.
In power for less than a month, they’ve announced building on green belt, stealing peoples heating money, throwing £11.6 B into the rich club’s slush fund called net zero, announced amnesty for 70,000 illegal immigrants, blatant two tier policing…….the list goes on.
The unspeakable murders in Southport, though, may have crossed a line in the sand.
It’s up to the police/government to prove they can safeguard their citizens.
If they can’t, I can foresee unprecedented unrest.
I’m not optimistic.
Its been the longest time of peace in recorded history.
Errrr what?
Nanny state?
Police state?
It was a euphemism.
It is well known that most cash US Dollars circulate outside the US, and that the volume is considerable.
This means that if another country, such as Russia, were unwise enough to phase out the use of their own cash against the wishes of their citizens, that those people would still have the option of transacting in US Dollars.
Since the holding of cash Dollars constitutes an interest-free loan to the US government, the phasing out of cash in Russia would be thus potentially a massive own goal.
Cash US Dollars will never be phased out, because too many wealthy and powerful people benefit from the anonymity conferred by cash. If the US authorities were to announce the end of cash, they would ignite immediate hyperinflation as purchasing power storms out of dollars.
Massively inconvenient and horrific. I mean, electronic – anything can be done with that. Good there is opposition. BTW, you now have yiur biometrics taken if a foreigner in Russia buying a SIM card for your phone.
This story dates back to 2022 still don’t thank heaven for 7/11 lol…:)
“7-Eleven Sued Again For Collecting Customers’ Biometric Data”
https://news.bloomberglaw.com/privacy-and-data-security/7-eleven-sued-again-for-collecting-customers-biometric-data
China has had digital currency for years; part of its Great Leap Forward. I expect Russia’s next move forward will be to make its own IT chips.
I remember when Britain finally went metric in the 1960s; but its IT industry fizzled out during that same decade; so did IT in the rest of Europe (with a few exceptions). There’s a lot of catching up to be done West of Kiev..
< China has had digital currency for years >
Also U$A, see post by Martin Usher Jul 30, 2024 9:13 PM.
It’s the convenience. Nature always takes the path of least work.
Shills promoting each other’s disinfo
The second half of the title is missing no?
Something like ‘in aggressive takedown of western regime technoslavery agenda”
“Striking a blow against the globalist regime£
Or “despite calls for consultation with freedom experts” etc
Where are these “freedom experts” hiding? The West badly needs to consult them.
Cell phone digital wallets will be made to be completely useless (just like flip phone) and necessitate the need for microchips. Here in Canada they already put out a call to tender for non-card or non-cell phone based payment system a number of years ago. That is the future you will be microchipped assuming you opt for their digital prison.
“New Android malware wipes your device after draining bank accounts”
https://www.bleepingcomputer.com/news/security/new-android-malware-wipes-your-device-after-draining-bank-accounts/
If these fuckers think they can pull off this digital revolution of theirs they are going to be sadly mistaken. How do you pull off a complete dependence on automation and automated systems when you simultaneously conduct blowouts of the same system? They don’t think some of us are going to catch on?
A new normal note, I went to a store (super market type) and got some groceries and bought some beer. When I checked out I had to use three cards, one was the store’s card which they make you use to get their “sales”, another was my debit card to my credit union (sorry, didn’t use cash this time), and the other was my license to prove that I, at age 69, was old enough to drink, or so they say. What a pain. See where that’s leading? (Hey, have we got a solution for you, just take this chip in the old wrist and you can save time from having to show multiple cards when you check out!). Classic, make people sick of some shit and they’ll beg to get microchipped.
My local food shop has just put all its fruit and veg inside display units where previously it had been on open shelves.
The units aren’t locked… yet.
There is going to be a lovely market for fake digital IDs very soon……
Doesn’t make Putin a globalist, period. A purely nationalist autocrat is better than a One World autocracy which will deliver robotic uniformity – with AI. Many nations at least give diversity of thought, culture etc.
Very different from woker joker Kamala Harris heading the Anglo mafia empire every where.
If following almost every aspect of the globalist agenda and openly promoting globalist goals “doesn’t make you a globalist” – what does?
Except that little detail called patriotism.
For most Asian leaders add wokism and the CO2 fraud.
The sad little contingent who turn up to plug this bullshit every single time a Russian article gets posted is perhaps one of the more depressing things I witness on the Internet.
’Putin’ ceased to be a single entity anyone could discuss in the terms you’re using many, many years ago. Everyone sounds like kids with MCU posters on their walls. For the love of Pyotr, stop!
What is more depressing is the almost total reliance of OG’s man in Moscow to give his paste and post articles with a semblance of text to provide a one sided view of the RF. It would make a refreshing change to have a more balanced insight from much more talented and analytical Moscow based journalists such as John Helmer.
https://johnhelmer.net/the-gods-of-hypocrisy-are-angry-but-the-pope-and-patriarch-are-shtum/
Not forgetting the family unit ie a dad( male), mum ( female) plus children.
Digital is the path of least resistance. The obviously easy choice. And everybody’s doing it. It’s part of the contest versus nations, too?
But the path to hell is also paved those ways.
But it’s not just Putin or the others, it’s the trend all around. And in most other arenas, beyond all coins.
Kudos to those who resist it, but one suspects that paper money, paper printing, and all hard copies and the rest are simply going the way of the dodo and the model T.
How else? Tell us.
Natural museum items, or Vintage relics?
Nature seems to need a Great Reset, for humanity’s sake.
Modified meteors? Solar flares? Tectonic Resets?
Heaven help us! Oy
I simply say, “Tell us.” If leaders could apply another way, I’m sure we are all ears.
Crypto money, like vaporware’s incursion into voting, seems totally deadly to all human values.
I’m unaware of any candidates who will reverse that trend. Anyone? All other things being equal, I would support any real candidacy, just based on defiance of those two digitals.
I wrote at great length in the 2000s how the Urosevich brothers had introduced vaporware into something like 90+% of American voting machines.
Uroso~WHO? That’s right, two brothers, Bob and Todd, Urosevich had essentially occulted almost all voting process for USA Inc. just through the two main companies. The corporate boards were all stacked with CIA, like Robert Gates.
All C👁️A run and operated.
That’s when I came to fully grasp fully able historian Gore Vidal’s comment in a 2004 WBAI (NYC) interview after the 2004 Ohio “election” nuclear meltdown (where I had just interviewed Ohio culprit Kenneth Blackwell’s skanky spokesman Carlo Loparo by phone):
“Then there’s always our elections, which have been pretty much rigged from the getgo….”
Yes, Nature played a cunning trick on our ape-like ancestors when she gave them a unique bone: the Talis in our ankles which enables us to stand upright and frees our digits for counting on and pushing digital keypads to operate digital machines and shop with digital cash.
Cruel Nature. Fallen so. But there were upsides, musical instruments crafted with our digits in mind, paintings in caves, “digit”ally brushed.
Long before Plato, too.
If there were a gods~forsaken edit function, here, at OffG, these days, months, I would have updated that to read, more correctly, “Nature itself seems to need its own Great Reset.”
The context makes my meaning, that, pretty clear, but not fully spelling it out may (just may) account for the wanton flurry of down votes.
Anyone skimming, that is the vast majority of down voters, may have taken that, by miss, to mean that Nature needs THEIR Great Reset.
Hardly the case, eh?
Good one Riley, incompetence and stupidity as a virtue. But I think the project itself will turn out to be filled with bs. But if it can double down the chaos comes quicker.
A lot of black work and trade will hopefully pop up everywhere. The old days with alcohol ban in US and crime syndicates is back again.
That’s my main mantra against hyper -organization, always led by all the squares who cotton to (global) Nazism: whenever it doubles down and accelerates, that’s always the prelude to emergent chaos, while the perps escape with all the goodies from.our busted piñatas, leaving us with all the trash.
One would almost believe that’s the whole Plan.
I suspect that Klaus Schlob and his mates at the WEF have wry grins on their faces as THE PLAN appears to be going quite well. And there I was thinking that Putin was on ‘our’ side …
What a tangled web they have woven when first they practiced to … dec….
Is there really no end to the deception?
Speaking of tangled urWebs, here’s the longtime irrepressible Otto Skorzeny “spinning” one of his own [it’s my premise that it was “their” California franchise that slaughtered Sharon Tate, and are still pursuing ~ 56 YEARS later! ~ her widower, whose mother was killed by them at Auschwitz when he was only 6]: ~
https://en.m.wikipedia.org/wiki/Die_Spinne
Historically fun bunch of guys. Still very much in our hair. Bandera’s Band of Boys.
“Jones, do you realize what the Ark is!? It’s a transmitter! It’s a radio transmitter for speaking with God!”
No wonder we have so much trouble from their tech.
They were frustrated by their stone silent calls, so they spun a worldwide web.
Patrolled by a worldwide Spinne
“We do it … for you, and your benefit, of course.” 😂
“A digital ruble will be an additional form of money and will circulate along with cash and non-cash rubles.”
http://www.cbr.ru/statichtml/file/113008/consultation_paper_201013_eng.pdf
In making that statement, Bank of Russia has stated exactly the same as the Bank of England and ECB. I bet the US Federal Reserve has said it too.
They can all say it but for how long do they mean it?
The plan is to remove cash from circulation eventually, probably by stealth, sooner rather than later. Placing disincentives to dissaude usage of the current fiat system which has banknotes, in favour of CBDC. However, in the meantime they will tell the plebs otherwise.
The head of BIS, Augustin Carstens made it very clear that with cash it is impossible to monitor every transaction. He was salivating at the prospect of CBDC, whereby every transaction can be monitored, tracked and blocked by the central banks, if so desired.
Remember the promise that vaccine passports were never under consideration?
That promise dated rather quickly – reneged upon within months.
One ring connects them all, and all Central Bankers obtained invisibility and totalitarian control over every single dime you used.
“It also forced all people, great and small, rich and poor, free and slave, to receive a mark on their right hands or on their foreheads, so that they could not buy or sell unless they had the mark, which is the name of the beast or the number of its name.”
“One ring connects them all…”
That so reminds me of a verse:
“One Ring to rule them all,
And in the darkness bind them…
In the Land of Mordor, where the shadows lie…”
Think he was on to something?
You can bite yourself in the nose he was.
It’s like phones. I was being so intimately tracked on my phones, really palpable security issues [like a 24/7 virtual proctoscopy, that intimate, Ok?? LOL!] that I tried and tried to switch out ten years ago, to flip phones etc.
But they had “probably by stealth” made most flip phones almost unusable and absurdly awkward. It wasn’t always that way. You couldn’t help but notice they were devolutioning them all. I discussed with techs and others. One Walmart tech told me in 2017 that they had all noticed they were making the flip phones almost impossible to text on. And all the rest, trending out the back door, in stealth.
One more reason to finished off Nokia.
For covid alone, there were other promises: 2 weeks to flatten the curve, masks unnecessary, asymptomatic infection, safe effective jab..
Lest we forget. Pacification of the herd “promises”.
BIS had Russia kicked out on US demand. A blessing in disguise…
It reminds one of the ol’ saying … We’re from the government, and we’re here to help you.Pigs arse, they are…
One more currency to make exchange money from. These finance guys are simply too much. Back to gold and silver based currency.
“Despite the rapid growth of cashless payments, cash money, i.e., banknotes and coins, remains an important part of the financial system and an important part of national identity and culture.”
https://www.cbr.ru/eng/cash_circulation/#highlight=cash
https://www.cnbc.com/2024/07/30/russia-considers-legalizing-crypto-as-a-form-of-payment-amid-sanctions.html
Trump backed bitcoin recently:
https://dumptheguardian.com/technology/article/2024/jul/29/bitcoin-price-donald-trump-backs-cryptocurrency-us-election
Both Bloomberg and Foreign Policy (the rag of the CFR) threw their toys out of the pram – although the full articles are behind paywalls.
Something’s going on here but I wouldn’t claim to know just what yet.
Here is my thought on this.
There is the possibility that Bitcoin is a Trojan horse. The controllers have thrown CBDC out there to gauge public reaction. Clearly the reaction is not good from the ‘awake’ contingent, however, Bitcoin is generally well received.
The plan could be to pull a bait and switch and make Bitcoin the digital currency rather than CBDC. The majority will go along with whatever, however, the benefit of Bitcoin from the controllers perspective is that many of the ‘awake’ would willingly herd themselves into the digital enclosure if it was called ‘crypto’.
Since Blackrock and others have issued ETF’s on Bitcoin it is clear that the controlling interests have leverage in the Bitcoin/crypto market. Who really knows who is ‘Satoshi’? Are cryptocurrencies a controlled invention and is Bitcoin truly decentralised?
After all, Faecesbook was a three lettered agency seed funded investment. Without a doubt, so were many other entrepreneurial inventions and discoveries.
Satoshi was an unsung hero found among homeless guys who suddenly invented Bitcoin in a garage, because he wanted to change the world to the better for average Joe = out of absolutely pure goodness and charity.
Rothschild, Rockefeller, BIS, IMF and all the other billionaire guys were helpless. Checkmate.
They couldnt do and are STILL to this day unable to do a shit about it!
This is here where YOU get in and for the first time in history YOU average Joe take advantage of the billionaires while they still are in deep chock.
““We are taking a historic decision in the financial sphere,” Anatoly Aksakov, the head of the Duma, told lawmakers Tuesday, according to reporting from news agency Reuters.
Mati Greenspan, CEO of crypto market research firm Quantum Economics, said Russia warming to crypto made sense as bitcoin transactions “cannot be censored or blocked by any government or bank,.”
“Previously, Russia would not want to allow that kind of transactional freedom to its citizens — but now we’re at the point that bitcoin is used so often in every day commerce that the opportunity cost for them not to allow it is simply too great,” he added.”
It’s quite weird the reaction I get when I mention “programmable” to anyone I know.
Then there’s the denial of chemtrails but, in the next sentence, the 1.3 Billion pound industry of geo- engineering.
Innit marvelous !
I dunt believe it.
why does the writer live in Russia when he sounds so anti Russian/Putin
He’s not anti-Russian, he’s anti-globalist oligarchies – just like you probably are. The problem is you think only the West has them. Open your eyes. If CBDCs are bad when the US or UK does them they’re also bad when Russia does them
The thing is. If you’re a foreigner and live in a country known for it’s non-persons, why would you be so outspoken?
The fact that the writer continues to post contradicts your western ideas about Russian/Russians, such as it being ostensibly ‘known for non-persons’.
Of course Russia is lousy with mafia oligarchs. That’s been their credo since Gorby. But there are still the most massive distinctions between systems, theirs v. NATO, other holdouts v. NATO, or so it still seems.
Could you tell me what those “massive distinctions” are? And when Russia is implementing Agenda 2030, just like the West, rolling out carbon credits, pandemic legislation, digital currencies, 4ir etc – how will those “massive distinctions” improve the lives of ordinary Russians?
Being a Russophobe is implicit and expected of any American, especially those employed to generate false equivalencies between the west and Russia. The writer serves western purposes and thus cannot be ‘anti-globalist’.
I have more faith in Russians being very aware of their situation more than any American propagandist for multiple reasons.
If the writer were honest he’d talk about the massive differences between Russia and the western world – banking or otherwise, but no, that’s not the agenda here. I pity those who feel informed by this hack.
There are many writers spelling out the differences between Russia and the ‘West’ (often in blurry, sweeping terms, like many commenters here, like you in fact). If you feel that pointing out any similarities is somehow unbalancing things then by all means link to other sources. But why would you think this, from a sane, agenda-free perspective?
What you’re actually saying is anyone not focusing on these differences, good or bad, must be ‘dishonest’, and by implication controlled! Bit of a silly attitude to strike, when you think about it?
If you think the author is specifically misrepresenting something, link specifically to a correction. Or be still. Thank you, A2
“…Keep your enemies closer…”?
Open letter to Vlad Putin
What do you do when your power and your network are down for a day…week…month(s)…year(s). Not a very smart plan considering open war is upon you.
Ah but you know that your the saviour of the Christian world…not!
Gold and gold backed paper currency are king all else is nothing more than the WEF’s sleight of hand.
Hmmn now which shell was it under…
Where IS all the gold in the world? Years ago, Western countries tried to repatriate their gold reserves, much of which was held in the US, UK and elsewhere … but they could not. – Why not?!
One scenario could be that Western powers you speak of surrendered their gold to the banksters for safe keeping [snicker] and the banksters used the gold to buy the Western powers thereby making repatriation a non issue perhaps. I don’t have the answer to that question. It’s like what happened to the gold from the Fed Reserve vaults at ground zero in New York on 9/11? We can only speculate.
According to Gold.org here are the stats:
https://www.gold.org/goldhub/data/gold-reserves-by-country
There is a lot of gold in the ground still and with price per ounce at an all time it is definitely cost effective to mine gold now.
One theory I found from a few years ago when Germany wanted to repatriate its gold reserves from the US was:
The popular explanation is that the Fed has already rehypothecated all of its gold holdings in the name of other countries. That is, the same mound of bullion is earmarked as collateral for a host of different lenders. Since the Fed depends on a fractional-reserve banking system for its very existence, it would not come as a surprise that it has become a fractional-reserve bank itself. If so, then perhaps Germany politely asked for a seven-year timeline in order to allow the Fed to save face, and to prevent other depositors from clamoring for their own gold back – a ‘run’ on the Fed.
https://www.globalresearch.ca/u-s-dollar-collapse-where-is-germanys-gold/5321894
LOL! You know you’ve touched an honest nerve when the shills on this site give you the thumbs down and are too gutless to post their position in an appropriate reply.
Putin has played his role well as good cop. So they are all in it ok?
No more Trump will take out all the pedos, and Putin will teach them all Orthodox Christianity with hypersonic missiles.
They are all in on sitting in front of a flat screen 10 hours a day with big boob eyes….if there is money in there…..yes?
Lol…Dah!!!
Transactions in the US have been monitored and reported for years now, ostensibly to combat money laundering. In addition, any large transfers of money into and out of the country in cash or other negotiable forms have to be declared and failure to do so may result in their confiscation.
We’re not likely to have an official ‘digital dollar’ in the US as the banking system already provides it. Checks have long ceased to be anything other than a paper card transaction and they’re now being phased out. Cash is discouraged and is unsafe for any large transaction due to the risk of either being robbed or it being confiscated by law enforcement as possible proceeds of crime (you’ll get it back…..eventually…..maybe). Traditional card payment systems and ad-hoc systems like Venmo are gradually be supplanted by systems like “Payz”. The resulting oversight over transactions isn’t just a bonus for government, its a goldmine for marketing and advertisers, a readily monetized information flow.
In a sense writing an article about Russia and its digital Ruble feels almost like a diversion, a “look over here at what they’re doing” that diverts attention from the reality of it being everywhere. The only complaint we’d have with the digital Ruble — or Yuan — is that we, the US, can’t exercise oversight or control over it, a potential problem that might need attention. (You’ve got to bet that the NSA is working 24/7 on ways to infiltrate, monitor and maybe corrupt these systems — its the new frontier of inter-bloc rivalry!)
I find it interesting that you who turn up here to soft sell the establishment line on 9/11, climate change, false flags, covid and almost everything else are also very keen on keeping the idea of the East-West binary alive.
Very revealing…
So “If you’ve got nothing to hide, you’ve got nothing to fear”
Yeah, right.
That’s on the marquee of the nefarious Utah Data Center, aka Mission Data Repository.
You can see the photo in a Google maps view, so large it takes a whole gallery of photos to review it. That phrase is at the entrance?
Ironically, multipolarism provides a highly effective “unipolar” biosecurity surveillance state operating by deploying regional managers.
Leading to the eventuality of one common or singular system which appears to be the “end game”.
“And from our digital cages we wondered what our lives might have been like had we just spent cash…”
NO CASH=NO FREEDOM [period]
“There’ll be a breaking of the ancient western code, your private life will suddenly explode…”-Leonard Cohen “The Future” circa 1993
So all these Doo’ish poets knew what was coming 30-40 years ago.
“The Future”, see yes? “Brave New World”, yes? “1984”, yes? They knew it!
They knew it, and they refused to tell us anything other than we would and should lose our last Penny to the Kraken. Privacy only in the Public Soup Kitchens.
“And all these lousy little poets coming ’round trying to sound like Charlie Manson…see the white man dancing”-Leonard Cohen “The Future” circa 1993
Let’s have it, let us see what they see. https://youtu.be/5Vb6TowG4As
Not long ago there was several similar articles in the U,K and the alternative media hardly mentioned it.
U.K Conservative Government tables amendments to Data Protection Bill to allow the DWP to carry out regular checks on benefit claimants’ bank accounts
(including pensioners and family and friends)
https://www.privacylaws.com/news/government-tables-new-amendments-to-data-protection-bill/
U>K digital currency being trailed on the poor ( it doesn’t get mentioned in blogs like this?? question is why?)
https://www.gov.uk/government/consultations/modernising-support-for-independent-living-the-health-and-disability-green-paper/modernising-support-for-independent-living-the-health-and-disability-green-paper
Social Services in USA Inc. Land regularly is authorized to check our accounts. At least during applications. But my sense is they mostly do what they want. As a vocal dissident they have hacked, even selectively deleted, my email. It’s a civil liberties farce now. All you really have to do is disagree with them, go to a protest, and you’re smack dab on a potential terrorist list
Presto, the gloves are off.
But I found by digging they already had me under a constant lens from the cradle. 72 years. The dawn of the National Security State [read: 4th Reich],.
That year, 1952, is well exposed for all that re~nazification in The Quiet American novel, and then it was very well filmed in the Sir Michael Caine starring take, so named, by Aussie Nam vet Philip Noyce. Brilliant movie.
Tells the soiled tale, deftly.
Yes. And we all have digital dossiers.
Protestors end up on a terrorist watch lists.
Protests are bait anyway, set up by the faux security state to foment unrest, divide and conquer, generate more business for the security state, justify more monitoring, spying, hacking, infiltration, bigger budgets, militarization etc.
Ordo ab Chao.
Their own circular (National security-Defense) economy.
All the orgs Americans think of as dissident or rebel orgs from militias to the KKK, Black Panthers, Weathermen, Communist party, Proudboys, Oathkeepers, Occupy, Anonymous, Antifa, BLM etc., are Intel “fronts”, set up as a cats paw against the public.
Well, the logic of our populist predicament certainly suggests all that. Pretty roundly & rudely.
“We” often need to work with orgs.
But trust? Meh…
I’ve (over)used for years the standard graphic:
Like fish in a barrel.
When not in their aquarium, or global bowl. I felt that more and more by the hour when I sang in a well-known chorus, but at least I got on their nerves, substantively.
Just doing that opened many doors, for so many insights etc etc.
If slamming others! LOUD
(Quite the personal process. More should try it!)
This is interesting news as cross border payments with friendly country’s can be done electronically, while deficits with unfriendly country’s are transacted with assayed gold. So one better hope you don’t need much from Russia or that deficit will grow quickly.
The appearance of a multi-polar system emerging…more WEF smoke and mirrors n’est ce pas…
Ah, the better to rise up out of while no one notices.