Globalists flee in terror as Russia plans for mass adoption of digital ruble in mid-2025
Exciting news from the Yale World Fellow who heads the Bank of Russia
Riley Waggaman
Klaus Schwab is on suicide watch after Russia’s central bank announced on Thursday that it is preparing for the large-scale implementation of the digital ruble, colloquially known in the Global South as the CBDC That Cares™, as early as mid-2025.
“We are planning to start large-scale implementation of the digital ruble. We are aiming for the middle of next year, but for this to happen, the pilot stage must be completed successfully. And we will move on to mass implementation only when we are sure that everything works as it should,” Elvira Nabiullina, the IMF pin-up model who heads the Bank of Russia, said.
She added that there would be consequences for any Russian bank unable or unwilling to fully embrace this fun new anti-globalist multipolar happy freedom currency.
Many hurtful lies and rumors have been typed about the digital ruble, but rest assured: the Bank of Russia’s CBDC is no different from all the other centralized, programmable digital currencies being peddled by friendly central banks around the world.
The Bank of Russia’s CBDC: Myth vs Reality
Responses to common misconceptions about the Bank of Russia’s digital currency
Read More
In July, Russian President Vladimir Putin called for the “full-scale implementation” of the digital ruble, which became Russia’s third form of legal currency a year prior.
Elvira Nabiullina is the kindest, bravest, warmest, most wonderful human being I’ve ever known in my life
A reply to Simplicius’ daring defense of the Bank of Russia’s CBDC
Read More
Putin’s public endorsement of the Bank of Russia’s CBDC vindicated the most serious thinkers on the internet, including Simplicius The Thinker, who reported in August 2023 that Russia’s CBDC would be used for the Greater Good to defeat the globalists forever.
Confirmed and re-confirmed.
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So it’s a bad thing when the West attempts to implement digital money and all the loss of freedom that would entail, but a good thing when Russia decides to do it?
This article makes zero sense.
Please understand that digital money, if allowed to happen, would be the most devastating event in our lifetime and potentially the biggest removal of liberty in modern history, regardless of which nation adopts it.
“Globalists are fleeing in terror”?? I’m so fatigued with these kinds of articles and their bombastic claims.
The author has lived in Russia for a decade. Therefore, I presume he noticed that Russia the “anti-globalist savior” has been for decades pumping so much money into US T-bills, the annual losses it has incurred actually dwarf its national education budget.
And what about 2014, when Russia (and Saudi Arabia) merrily agreed to let the bottom fall out of commodity prices incl. oil, sending their own economies, currencies, and living standards (as well as those of BRICS / The South) into a tailspin?… Who benefited? Not the Russian middle class, I can tell you that.
The truth is, THERE IS ONLY ONE TEAM. Stop feeding this mirage of Russia / China / Whoever the “Adversary” that will thwart the globalists’ plans. That is never going to happen.
Whoever flees at the sound of terror will fall into a pit.
Whoever climbs out of the pit will be caught in a snare.
It’s a monolithic world system, embodied by their “outer space” / “International Space Station” ongoing cosmic psyop. Meanwhile they spin an elaborate phony script of ostensibly polycentric “wars” and “super-power conflict”. When it comes to centralized control mechanisms like digital currency, central banking, “climate crisis”, state sponsored fake “terrorism” and UN / WHO “public health” regimes. They’re all in it together.
Without question. What we are seeing is pure theatre.
digital rubie in an country that does not freeze its grannies.
BRICS 16th Summit in Kazan: Building a Platform for the Global South. Reversing the Tide of Western Domination – Global ResearchGlobal Research – Centre for Research on Globalization
A globalist faked hope of anti globalism
” CBDCs aren’t a future threat: they are a present reality
THE US has had a Central Bank Digital Currency (CBDC) since the late 1990s, or possibly even as far back as the 1970s, depending on how you define it…
It becomes clear that we already have CBDCs when you start examining how money is created. ..
Let’s start with the basics of money creation: government borrowing. The government sells IOUs in the form of Treasury securities (bills, notes, and bonds) to the Federal Reserve. Where does the Federal Reserve get the money to buy these securities? They create it out of thin air. Or, to be more accurate, they simply add some ones and zeros in the database.
The Federal government then pays its bills through its account at the Federal Reserve. When checks are written for projects like a $3.4million turtle tunnel in Florida or a $600,000 study on why chimpanzees throw faeces, the funds are transferred from the Fed’s Oracle database to the accounts of vendors and employees at commercial banks, each maintaining their own separate databases. Some use Oracle, and others use Microsoft…
What’s a CBDC?
As of 2024, only 8 per cent of US currency exists physically, leaving the other 92 per cent digital. So, are we a 92 per cent CBDC? We become a CBDC at the point at which greater than 50 per cent of our currency exists digitally. …
Here’s how it works: The money is initially created in the Federal Reserve’s database, and then it’s deposited into the separate databases of the very banks that own the Federal Reserve. These banks, in turn, create even more money based on those deposits…
Most people have the fear/belief that a Central Bank Digital Currency means they would have an account directly with the Federal Reserve, and the commercial banks would go away altogether. This is also one of the reasons many think CBDCs will never happen, because commercial banks will resist and fight to the death for their very survival. Yet none of the CBDCs launched (including China’s) have this structure. In China, the People’s Bank of China (PBOC) creates the CBDC and then issues it to commercial banks.
The consumers don’t deal directly with the central bank. There are 134 countries pursuing a CBDC, and we haven’t seen any (including the US) contemplating cutting out the commercial banks. Therefore, I don’t think you can reasonably say that consumers having an account directly with the central bank constitutes a critical requirement for being a CBDC.
Programmability: The most dystopian fears about CBDCs revolve around their ability to be programmed…
The Federal Reserve’s Oracle database and the Microsoft and Oracle systems used by commercial banks are programmable right now. Companies and individuals have been using Application Programming Interfaces (APIs) with these databases for years.
while having a single, centralised digital currency might make it easier for Big Brother to enforce spending rules, the tech to do it is already alive and kicking in our current system…
CBDCs aren’t a future threat: they are a present reality – The Conservative Woman
I have always had massive respect for Slavsquat Riley Waggaman, cos he always writes with such detail, most of which is probably true – he checks out the covid monsters in both Russia and Ukraine and the digital currencies CBDC’s
I do however worry him about a bit – Yes they let Julian Assange go after more than 10 years in Jail, and Chelsea Manning….
Whilst that other bloke who did have an American Passport and lived in Ukraine with his wife? – got arrested twice, and then ended up dead – in fact there is a lot of it about..
Stay safe Riley Waggaman. You seem like a nice American
You have a great quality about how you write
I not only believe you, but you, make me laugh
We aren’t on a globe. The earth is not spinning and hurtling through space and water always find a level. This should be obvious by now to anyone with a brain.
Look up.
The sun and moon are spheres.
Is Earth unique?
Where is the edge?
How do you explain the Coriolis Effect?
https://en.wikipedia.org/wiki/Coriolis_force
So you see a ball in the sky. That’s a bit of an assumption that we are like them, isn’t it?
Yes I do believe the earth is unique, and the centre of everything.
I don’t know where the edge is. Is that ok, to not know something? Science says that’s not ok, we must know (make up a theory).
The coriolis effect as regarding the earth is nonsense. Yes, ants are free to walk in any direction over a basketball which is slowly turning. But that’s because they are attached to the ball.
How are birds and bees, the wind etc “attached” to the earth? Where else can you see evidence of something being pulled round in one direction by the air, while simultaneously having free and full travel in any direction?
If it were possible for the earth’s atmosphere to be pulled round with the earth, there would need to be a fairly robust barrier separating the earth from the ‘endless vacuum’ of outer space. Do you think humans could get through such a barrier?
LOL. Time after time, experiment after experiment have failed to demonstrate that the earth is anything other than a mostly round ball in shape. The atmosphere, to a large degree, moving along with the earth is no different than you doing the same while standing on the ground. Think about it – how are you “attached” to the earth? Gravity does not require that two objects be solid and directly touching one another. Gases are subject to gravity as well, as they too are comprised of particles of matter. This flat earther stuff is hilarious as satire, but you seem too serious about it.
The earth’s atmosphere becomes less dense in proportion to how far away from the surface it gets. This notion you seem to have, of a uniform breathable atmosphere, separated from the vacuum of space by some form of barrier is both simplistically laughable and also touches a bit on the reality. There is no clear outer solid layer comprising a sphere (or any other shape) such as there is with a glass terrarium bowl. There are many ways to visualize or think of it. For example, the oceans (or your everyday swimming pool). The deeper you go (i.e. closer to the bottom layer (the earth’s surface)) the more pressure is exerted by the water above you due to the force of gravity. So not only would you be crushed by the weight of it if you were sufficiently deep, you would also find it much more difficult to move around due to higher density and thus water resistance. Near the surface it’s relatively easy to swim. The same holds for the earth’s atmosphere, which is often referred to as being comprised of “layers” (so are the oceans, BTW) – this appears to be one aspect of the situation which has you confused. Did you also know that the farther away you get from the earth, the less bound to the movement of the earth the atmosphere is? That’s right: On the fringes of the vacuum of space, the earth’s atmospheric gases don’t get “pulled” along with the earth’s rotation at the same velocity as the overall ‘system’ of atmospheric gases does as you near the surface.
Out comes the fancy faux science. Really if we were honest we would have to say from our observations, that the earth is stationery and flat. But science is not honest.
The earth is completely still, and flat. There is proof of this. Actual proof which you can confirm with your own senses and a zoom camera.
Globe earthers presume there is some system or force, that is able to grab hold of and rotate an airplane, the clouds, the birds, etc, and pull them around with the rotation of the earth. But science has never proposed such a force. They have no explanation as to what could hold the atmosphere and everything in it, up to some distance, in the same frame of reference as the spinning earth and spin everything as if it was physically connected to the earth.
So based on our observations and practical experience, if you believe in a spinning earth, then somehow, by some mystical unexplained force you remain linked in the same spinning frame of reference as the earth even when you are physically disconnected from it.
If anyone can describe this mystical force, I’m all ears. As far as I can see it’s just a magical theory with no science behind it.
You only need a zoom camera to see objects on the horizon that you should not be able to see due to the curve. And no, saying “refraction” doesn’t explain this.
No one down here knows that because none of us has been or ever will be high enough above ground to verify what the ACTUAL shape of the earth is.
What we all know is that objects fall down, not up, and that the luminaries in the sky move in an organised and predictable manner.
Now, you write earth capitalised which shows where you stand on this issue. That’s OK we choose and allow to be deceived by the spirit of the world at some point.
One Earth.
One Life.
One God.
One observer.
One experience.
Everything else is an extrapolation of our minds.
Everything.
I have read NASA documents stating it is a flat earth.
India has already prepared the ground as almost everyone including peasants in places without even a road are mindlessly and happily paying for everything with their phones and QR codes, with GooglePay being massively popular… they have made it extremely cheap to get online with a smart phone and have installed antennas everywhere. Hail unfettered “Progress” and “Development”, isn’t BRICS going to be a ton of fun!
https://fakeologist.com/forums2/viewtopic.php?p=18871&hilit=India#p18871
And of course we know they landed a craft on “the dark side of the moon” because they showed us a cartoon to prove it.
https://fakeologist.com/forums2/viewtopic.php?p=18871&hilit=India#p18871
Wajt and see…if the Yanks start sh*tting themselves, then I know it’s better than them having control.
Your types all except bitcoin and all digital wallets as donations.
you would also except bank transfers which is digital.
your mugs you sell sold is by digital payment.
ALL YOUR PAYMENTS ARE DIGITAL.
Its was your lot, that got everyone excited about digital bitcoin BLOCKCHAIN as a game changer.
you pretend to not sell this fact and put it down the memory hole and then Russia hate as baddies for doing what your type sold your own fanbase.
The operator of the MOIN!-Youtube
channel has interesting background.
https://linkmix.co/30066193
“The Halloween Issue: Dat spökert (That Spooks)”
https://www.youtube.com/watch?v=y1k6eZzRsN0
De Spökenkiekers (The Spookseers), named after
a North German ghost entity (similar to the Klabau-
termann, the Gonger, or Ekke Nekkepenn) sing in
kinda Low German, at least what they believe it is.
https://www.youtube.com/watch?v=Xfwql8GRjLc
https://linkmix.co/30062649
Kommste aus Deutshcland?
Do you read any of the German stuff on the internet on Apolut? I think Uwe Froschauer is often very good. ( I know that is not what you were writing about). Just asking cos I think that some of the best commentaries about what is happening in the world come from some of the German sources especially Ernst Wolff. Love that cuddly Rugemeyer bloke too ( he looks like a womble!)
Kommste aus Deutschland? ( Sorry about the typo in the last one)
“Russia’s CBDC would be used for the Greater Good to defeat the globalists forever” Da frak are you guys smoking over at OffGuardian? If this is satire, you need to take a few pointers from The Babylon Bee at letting your audience in on the joke. If not, well, good job propping up the Globalist Elite! Well done good Sir! (yes, that last one was total #sarcasm)
Though I don’t agree with Mr.Waggaman’s assessments vis-a-vis everything Russia does, it is way too clear where he stands not to know he’s being sarcastic. Faulting him for not making it clear with each piece he writes where he stands would be a little like asking, say, Lewis Black to be a bit more obvious that he’s telling jokes.
America’s National Security blob plans to hold a Guy Fawkes event
(to celebrate Guy Fawkes’ deed ?) on Guy Fawkes Day, 5 November.
https://www.sott.net/article/495641-breaking-major-national-cybersecurity-exercise-on-election-day-what
That’s “Election Day” here in the USA. Nice way to inspire confidence in the integrity of the results.
Accusations of Genocide and Murder in Texas lawsuit re the VAXXOne of the lawsuit’s most startling claims is that the Biden administration’s actions amount to “genocide” under 18 U.S. Code §1091.
The plaintiffs accuse the government of facilitating the mass harm of American citizens through policies related to the distribution of COVID-19 vaccines.
“The lawsuit states that plaintiffs have been harmed by the administration’s push for “mRNA nanoparticle injections” and demands that the court “prohibit the distribution, promotion, access and administration of COVID-19 injections, mRNA nanoparticle injections, and all mRNA products in the United States.”
https://jonfleetwood.substack.com/p/biden-admin-accused-of-murder-treason
Defendants include bigwigs at Homeland Security, FEMA & FBI
Can this be serious? Other causes of action include 5G & chemtrails. Case was filed Oct 15. Others are picking it up. At least it’s publicity. Article includes a chemtrails military whistleblower.
when warpspeed was launched by who exactly??
Perhaps a god you don’t believe in? This is a possibility
It can be serious and will be seriously ignored by the justice system, as have many others before this. Aiming too high and hitting nothing.
Hopium smoking is big these days
Lol. Yes. Did you read the filing?
“In Pro Se” means the plaintiffs are suing without counsel.
They’ve listed so many areas, it looks like an attempt to put out a nonsense suit (since govts and gov. officials have absolute immunity) so the federal court can dismiss with prejudice, as a way to pre-empt future suits.
The Mike Yellen featured in the suit, in Hawaii, has filed suits previously that get dismissed with prejudice.
He might be one of those types who can’t conceive courts aren’t created to do justice, they’re instruments of “the state”, for “the state”, by “the state” to maintain “the state’s”, power, criminal fraud and racketeering without interference from “the state” owned chattel.
Christ I could do with some Hopium these days. Everyfink looks GRIM to me
Muppet, if you don’t try ya can’t win. Truthful reporting and righteous legal actions have something in common: They shift the normal dialog to encompass what was previously impermissible or “radical.”
The truth and the righteous are always to be applauded, my friend. AlwYS.
Hey Penelope what do you know about chemtrails plse? Is that the same as weather manipulation?
Chem-trails, geoengineering, cloud seeding. Call it what you want, it’s war via weather manipulation. If you what to know what’s in the rain water I would suggest finding a lab that will test it thoroughly.
Thanks
Camille, chemtrails may have little or nothing to do w weather-manipulation. Don’t think it’s actually proven. However I have many times witnessed a postcard blue sky after a hard rain– which, within a day or 2, attracts planes emitting chemtrails. Only a few hours afterwards, the trails have somehow spread out so that the sky is just whitish gray & it remains so till the next hard rain.
There is some science reporting that indicates less sunlight is reaching the surface of the earth, which seems believable.
I have a book called Chemtrails Exposed written by Peter Kirby in 2016, but I haven’t followed the science much since.
Yes, they are what as know as chemtrails. Cloud seeding or Geoenginnering is putting a nice spin on blocking out the sun.
Failed to edit in a nanosecond 🙄
Thanks
yes, this time will be different
Lookout Vladimir!
Yulia’s got her sights on you:
https://www.abc.net.au/news/2024-10-22/yulia-navalnaya-says-will-stand-for-russia-president-after-putin/104504472
How can she?
She will be in jail.
Here’s a piece that might explain CJs predicament:
https://brownstone.org/articles/germany-is-the-eus-censorship-champion/
‘It’s not about safety, it’s about control.
‘It’s not about ‘misinformation’, it’s about control.
‘In the Digital Age who controls the net controls everything.’
Kamala’s Secret Weapon: The British Operators Determined to “Kill” Elon Musk’s Free Speech Platform:
https://reclaimthenet.org/the-british-operators-determined-to-kill-elon-musks-free-speech-platform-x
Maybe Donald Trump Is Not All Bad (+ A Verse On Kamala Too). (1:54)
https://www.frisbys.news/p/maybe-donald-trump-is-not-all-bad
More like insane out-of-control. More like obsessed destruction and destrctive manipulation stealing the word “control”.
Maybe Putin is a rotten globalist ..but it seems to me Russia is not as mad as the ‘ free West’. . Judging by RT, Russia does not seem to be exposed to the same warped, nonsense thinking that we are currently plaguesd with oin the ‘ free West’ ( redefining words ( antisemitism/ man/woman etc). Maybe he is a benign dictator?
Has there ever been a benign dictator? He is a high functioning psychopath
I don’t know about the addictive behaviour but Putin (pronounced like “put-in” and not “pewtin” for fucksakes) seems to tick all the other boxes!
I have listened to some of his translated speeches on RT. Always makes a lot more sesnse to me than what I read in the ‘ free West’.
Another head on the hydra laying siege to humanity and planet.. The different heads love fighting each other.. That’s what keeps the masses in a state of fear, confusion, stress, trauma etc.. That’s the energetic frequency that the malignant global spirit feeds off within the collective unconscious, and it has amassed a reasonably powerful body in this realm..
Deeper Self Love, wisdom, compassion and the dissolution of naivety is what removes it’s psychic hook from within us..
Of course Putin is a human being and humans are complex…
“I’m human so all things human are within me” so said the great Spinoza..
He has some admirable qualities and that’s true for some of the folk around him, but basically they are still operating within the slavery paradigm like all heads of state and the folk who bow down to them or fight back ferociously..
The way in is the way out from this world prison shitstem.
What a load of complete garbage!
Sarcasm, Sifi, sarcasm.
Texas AG Ken Paxton Sues Dallas Pediatrician for Transgender Crimes Against Minors“Texas recently passed a new law (subsequently upheld by Texas Supreme Court) that makes it illegal for healthcare providers to “affirm the child’s perception of the child’s sex if that perception is inconsistent with the child’s biological sex.” In other words, Texas doctors are prohibited from manipulating impressionable kids into wishing to be mutilated.
The new law authorizes the state to revoke doctors’ medical licenses if they prescribe puberty blockers and hormone therapies to children for so-called “gender affirming care.”
https://petermcculloughmd.substack.com/p/texas-ag-ken-paxton-sues-dallas-pediatrician
Way to go, Texas!!
Great! Now inject those kids into Autism…
Many established (government enforced) jabs will make a child autistic, if they do not cause sudden infant death “syndrome” first.
Your alternative update on #COVID19 for 2024-10-21. Pfizer knew within 3 months 1,225 people died; freak out conference; how to lie to the American people (blog, gab, tweet, pic1, pic2, pic3, pic4).
who knew…?
There will be a digital CBDCs for the proles – every penny they earn and how they earned it, every penny they spend and what they spent it on, will be known by the government.
But the government still wont find out how much VIPs have stashed away in an off-shore tax haven. If they could – there’d be no interest in imposing CHDCs.
Gold price up 30 % this year.
Money being moved into real curency.
My fear is there will be a huge “discovery” of gold reserves making it all worthless.
Who owns the gold ?
Or are they invested in something else ?
AI. They want resources to run their grubby data centers and their not very carbon neutral solar panel racket.
There are also the worldwide land grabs…
The big thing now is air and water. Land and food are passe.
Water yes, air not so much. They need water to cool their data centers.
That doesn’t stop the land grab from farmers in particular so they can install their panels and starve the populace.
I’m holding pure lithium dreams, of a catastrophic nature…
keep yer hands above the blankets then…
A pattern of collective destruction, what an ideology.
Seeing is believing. …..maybe should be called idiotology.
The biggest sellers of silver and gold all advertise on the zombied quarter awake lot. shill MIC CC alt media.
The likes of daily shill wire and cancer owens and Gabba hut jones all get huge funding kickbacks from Goldco company that also funds Stew Peters.
and back in the day goldco used to sponsor alex jones and all of them lot and his grift fear porn with THE money is worth nothing grift 💤
BUT buy gold and silver as the banks will go down 💤 . then you do buy gold and silver and by the time it you
transferred it back to REAL money, you’ve lost 10% 15% +.
Who gains from the Armageddon end of the world dooms day apocolyptica Christianity grift?
The whose, probably
Evolution would gain another chance, plus any and all who prepare properly for it.
Those with physical gold gains.
That would be one heaping pile of gold. And the trustee would own and control it.
China owns gold. China swallowed all the fiat money from Uncle Sam in form of debt but used the indebted dollar to buy gold and empty infrastructure.
China owns over $1 trillion in U.S. debt, which is more than any other foreign country.
They exchanged the indebted fiat dollar to something of physical value.
Russia has build up a large gold reserve as a protection of their national Ruble.
Years ago a friend who knew ‘someone’ working on the programme said there will be 4 categories of individuals for digital CBDCs with the sovereign category at the top. The major banks with earnings now in the billions will make so much more with a fee for every transaction.
it’s not about the elites, it’s about fighting the funding of terrorist enterprises, oh wait…
Once more people begin to realize all “govern-ments” are privately owned (for racketeering and unlawful taxation) and centrally controlled through the UN, the country versus country psyop, or bloc versus bloc psyop becomes more transparent.
NATO vs BRICS is just two heads of the same bird.
HRE coat of arms and imperial banner.
Russian Federation Coat of Arms.
Central Bank of Russia logo.
Ordo ab Chao.
I’ll ‘see’ your ‘Ordo ab Chao’- and raise you a ‘Solve et Coagula’ …
😉
Lol. Cute.
I’m all in on “Honi soit qui mal y pense”
You forgot the eastern orthodox churches,same mafia. Many of their arch-priests still use Hebrew names 🤘
Thanks Muppet.
Who, specifically, is UN again? I forgot. Or, are you simply referring to the collective unconscious?
The United Nations.
If we are serious about freedom then stop banking and use cash. If your wages need to be paid into the bank then lift the lot right away.
Anywhere that refuses cash doesn’t deserve our business. Stop buying online and be as self-sufficient as possible.
If not then stop moaning and join the herd.
You have point but it’s all a bit “come the revolution.”
How do you leave the herd when you have to pay the mortgage and get your kids through school ?
It’s all very well to read Catcher in the rye and watch Dennis Hopper on his bike.
And then there’s the real world.
The problem is that you are paying for a house you don’t and never can own. Your kids are being programmed into the system, and you don’t get the big picture.
If we are heading into dystopia it is people like you who won’t see it coming until it hits you in the face.
Having your own home and having your kids brought up with an education that’s truthful and worthwhile is the dream in a world controlled by a good force, Im afraid that’s not what we have and everything you think you own, you will find, will run like sand through your fingers.
I own a house that I will never own.
That’s true.
The illusion of home ownership is one of the great successes of the establishment’s lies.
I have an option:
I can raise an army that will conquer the threats from our borders and then protect my property from outsiders forever.
If you want to join my army, comrade, you will be welcomed with open arms.
I am assured that if there is any flaw in my masterplan, we will all have a great feast in a big hall in the sky with loads if ale and roast boars and horny helmets.
Glad to have you in board, friend.
Anyone else ?
TOA_1_87.jpg (514×775)
People over 70 using the internet.
You haven’t seen nothing yet: https://youtu.be/2poNEiVZNXQ
Hah, no not yet…
Sorry, you own nothing of real value. You are the keeper and have no ownership rights. Yes you can make a profit or loss on the ‘property’. But as the crown agents hold the registered titles and your legal person ALL CAPS/Titled name is on the deed, you own fk all. That includes your bank account I’m afraid.
We get the use of our ‘property’, for the time being, but that could change in a heartbeat.
You could put your house and assets into a private trust as a possible solution.
Likewise it seems that the assets some convince themselves they own will also be repriced if the European Central Banks latest proposal gets through. They are proposing that those that invested in BTC early are stealing wealth from those who are late to the party.
” early adopters exactly increase their real wealth and consumption of those who do not hold Bitcoin or who lived in it only at a later stage”
They also advocate for legislation to prevent it rising in price.
Should this gets legs does it set the precedent for this theory applying to houses, shares etc ?
But do agree with you Rickypop that we don’t own our houses already.
Just a question. Who would suffer most from close scrutiny of their source of revenue and their spending preferences – the people who pay their bills and their taxes and try to get by on what’s left or the scumbag billionaires, the drug dealers, the child traffickers, the criminal syndicates, the money launderers, the fraudsters, the gangster bankers? I’m not afraid of scrutiny and I would trade the freedom to keep secret the almost nothing I have in the bank to see the back of the criminals running the world. Any thoughts?
What in earth makes you think for a moment that the billionaires will be scrutinised ???????
That’s the whole point of being a billionaire.
Keep up.
I think you should apply for a job as an MP you have all the attributes.
Buy direct from a retailer works well when you live in the heart of Europe, for example, where everything you could ever need or want is in stock across a range of options.
However, if you live in a backwater region, such as South Africa or Australia, you’ll either live a very basic, unimaginative life or buy online. I’ve decided to live it up as long as I can before full-blown commu-fascism takes over.
I wonder how those indigenous or very recent neo-Australians managed up to 30 years ago. Buying shite you dont need online doesnt make your life worthwhile, or does it?
Even in Europe buying through Amazon is often a better option if you want quality or if you want very cheap, and returning for a refund is no questions asked.
Stopping buying online may also result in being permanently offline. This is because TV, Mobile Phone and/or Internet providers are increasingly requiring their customers to pay online. They simply stop sending a bill – and anyway, years (maybe decades) ago service providers (such as gas & electric) stopped accepting cash payments.
This move toward a cashless society has been inching along for many decades now. It didn’t just spring full blown once CBCDs became possible. It has evolved over time.
Then give them the option to come and collect the cash. If they dont tough luck. They cannot cut you off especially if you make a cash offer of payment.
Cash is not freedom, duh. And, it will be worthless in maybe 10-15 years ….
Cash is freedom and now I know why you call yourself a muppet.
If you start I will come after you, but you must start first!
So….
What can CBDCs do that the normal banking bureaucracy can’t already do?
* Remove cash from circulation.
* Tie the CBDC it to carbon credits, social credit, or algorithms. Or not getting your scheduled by the state, booster shot.
*CBDC can be programmable.
* CBDC can have an expiry date like a token so if not used, wiped.
* May only be able to used within a fenced electronic border (15 minute prison cities).
* Or only used at the company (cryptocracy owned) store/s.
* Run on AI so there’s less human interaction, resulting in slow or no appeals process if you’re debanked or your account’s inextricably wiped.
* Potential to “malfunction” (or be faux “hacked”) to instigate mass starvation within a demographic or region.
* Silencing (through self censorship or direct coercion and threats) of non consensus opinions, or criticism of faux media, faux power structures, faux statutes, guardians of the internet and communications networks.
* Ostracization, or potential wealth and property seizure of non-cooperative or critics, through debanking.
The ultimate in totalitarianism. A LOCKDOWN society.
The bad news is that currency shares the same properties as virtual money. Cash is not immutable — currency notes and coins are always being withdrawn from circulation after which they can only be exchanged at a bank (…maybe). The only difference between the two is that like everything else computer based events happen faster.
Possession of quantities of currency are often taken as de facto evidence of complicity in crime. Typically if you’re found with more currency than is thought appropriate it will be confiscated until you can prove that you came by it legitimately.
Crypto isn’t the answer, either. It relies on a large settled infrastructure to function so its really easy to mess with. It got away with this initially because it was under the official radar. Now its well known its choke points are easy to control.
Not sure why the downvotes, it seems clear and logical
I get them sometimes.
Glitch in the time-space continuum.
Minions more like.
Because it’s inaccurate.
* Legal tender doesn’t share the same properties as virtual currencies. It’s conceivable that CBDC’s value could fluctuate like cryptos.
* The cryptocracy can’t collect data on what cash is used for, when, and by whom, or where, nor can they control its distribution or use.
* Bitcoin is NSA-CIA, it was from its inception a government project to steer the nescient public, and the liberty minded towards digital currencies and the blockchain. Max Keiser incessantly promoting it on RT proves NSA-CIA-FSB-BIS-IMF complicity. BTC and crypto is Blockchain (which provides zero privacy) through the back door.
* Data is the new oil. And it’s the key to more racketeering (by the cryptocracy) market manipulation, control and technocracy. If the cryptocracy know what people are purchasing in trends through all spending data, they can ascertain in real time what social media campaigns, advertorials, product placements, psyops or behavior mod campaigns work, in order to better manipulate future buying habits, *and* predict winners and losers in assets, commodities, technology and the markets, through insider info.
* Having access to all digital data and foreknowledge of agendas, psyops etc., enables the cryptocracy to set up FRONT corps and faux NGOs to take advantage of their control and wealth transfer mechanisms, including redevelopment, land grabs and rezoning in weather warfare targeted areas.
* CBDCs create more fee transactions – greater profits. Allow for Direct taxation and direct and immediate fines from govt or utility services corps. Leading to abolishing small court claims and the court system for the average man/woman.
* The cryptocracy have been using data on buying habits for decades. Creating shocks and trauma through mockingbird media, staged events, cultural psyops, nudging and behavior modification.
* DEA (and other agencies) are involved with the cartels, involved in drug trafficking directly, completely corrupt, and seize cash unlawfully, in cahoots with TSA scanners at airports, on law abiding travelers.
* The war on drugs is a joke, and a racketeering operation.
* Banks already launder all the drug money and govts facilitate the drug wars and have done so for centuries (Opium wars).
Unfortunately none of these arguments against digital money are interesting at all to the compliant masses.
PROGRAMMABLE CBDCs when linked to social credit system can turn on and off individuals access to money WITHOUT invoking a Turdeau style state of emergency.
You didn’t know that ???????
Universal Credit and State Pensions can also be turned off on a whim.
In your 15 minute gulag everything can be turned off if the plebs don’t comply.
nope- the smart telescreech always stays on… to your corpse’s chagrin
Gotta feed the AI somehow.
I once plugged myself into the grid and had a shocking experience, but you don’t get the same buzz with solar energy.
True.
But look at the Chinese system to see where it leads.
CBDC and programmability go hand in hand.
Got any evidence of that Chinese system, CAS?
I am introducing a physical/digital blockchain based crypto/payment system premised on the unique DNA sequences found in purple olive shells (aka west-coast wampum) whose fluctuating value is tied to the emotional tenor of the exchanges between Dave Portnoy and Taylor Swift…
Lol. If you pay a few faux celebrities, rappers and influencers to promote it, you could probably do a rug pull.
In earlier times I believe it was called “Doing the Merkin Rag”…
In even earlier times Archimedes said “give me a rug large enough, a broom long enough, and a place to stand- and I can sweep anything under it”
😉
Kick the normal bank bureaucracy out. Economist and Lawyers days are over. IT and AI is taking over their areas. They are useless eaters too.
Oh come on, I suppose you’re one of those far right extremists who claimed that Socialist Russia wasn’t a proletarian paradise but a hideous totalitarian slave state.(Irony Alert)
This sounds better: a new BRICS standard backed by 40% gold and the rest Yuans, Rubbles, Rupees, Reals, Riyals etc.
This links to a You Tube Video, here’s the description
“Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, interviews Andy Schectman, President and Owner of Miles Franklin Precious Metals, who says the world is bracing for a reset, with a new system potentially revaluing gold to $150,000 an ounce. Schectman breaks down what to expect from the upcoming 16th annual BRICS summit being held in Kazan, Russia, on October 22-24. He explains reports around the new common currency known as the ‘Unit’ and elaborates how Project mBridge fits in. Schectman talks about the future of the U.S. dollar, the accelerating de-dollarization trend, U.S. response, and the inevitability of central bank digital currencies (CBDCs). He also shares his view on gold in this new one-world system that he forecasts.”
My comments. Project mBridge is about the creation of a new global common currency, the “Unit,” put forth by China, Hong Kong, Thailand, UAE and Saudi, and backed by the Bank for International Settlements and the IMF. Schectman appears to have little idea of what the BIS, the ultimate globalist entity, is actually all about, or else he’s hiding what he knows, hoping to benefit from this very gold-friendly scheme. At around 50:00, he starts hedging, admits the IMF is also supporting this notion, and “maybe the globalists are behind this.”
Here is a very useful article about the increasingly frequent expressions by the global financial elite as to their desire to see a new “synthetic hegemonic currency.” A Synthetic Hegemonic Currency For a Multipolar Global Economy: Part 2, Iain Davis, 8/22/23.
https://geopoliticsandempire.com/2023/08/22/shc-for-multipolar-global-economy-part-2/
synthetic hegemonic currencies are solely ‘in silico’…
😉
It seems RW’s analysis of this subject consists of selective quoting and character assassination ie Simplicus. It is noticeable there is no direct link to the article RW refers too. Here it is
Russia’s CBDC – Exploring the Truth of Russia’s Central Bank
Continuing on the theme of character assassination here is an article from RW which for some reason received no traction here.
Here is a sample .
Schwab meets both Putins. In each case, Masonic thumbs get a workout.
Putin is a Rothschild boy like all world mis-leaders.
By Riley Waggaman
Global Research, September 02, 2024
henrymakow.com 21 December 2023
I agree with Riley.
Do you condone the MSM’s strategies of : smearing, selective quotes and character assassination?
Its difficult to explain away the four Russian super globalists:
Sberbank, Moscow Mayor, St. Petersborg Mayor, and National Bank of Russia, all 100% Liberals.
If you study the history of Russia from approximately the end of the 17th century until present times, there has always been a contingent within the elites of Russia who favoured the West. Indeed at one time, the court language was French.
However after the collapse of the USSR, this contingent grew to have enormous power. Ie the Russian Jewish Oligarchs amongst a number of others. Nevertheless,
Putin has steadily eroded their power, with many fleeing since the he became president, and many more since the SMO began.
Contrary to the simplistic notion held in the West, Putin does not hold all levers of power. It takes time to oust these Liberals/ 5th Columnists/ Quislings!
I asked May Hem a question which has not been responded to perhaps you can. Do you condone the MSM’s strategies of : smearing, selective quotes and character assassination?
Elvira should be nervous.
She’s been sanctioned by some of the Five Eyes.
And they are tough as.
“The Rubles are coming, the Rubles are coming!”
“What’s that Klaus?”
“The world is gonna end!”
“Klaus?”
“Yes”
“Shut the fuck up!”
It’s about evading SWIFT sanctions:
“Can the Digital Ruble Shield Russia From Western Sanctions?A central bank digital currency could provide Russia with an alternative to the SWIFT international payment system from which it has been cut off, but the digital ruble has a long way to go before it enters mainstream circulation.”
https://carnegieendowment.org/research/2024/10/russia-digital-ruble-development?lang=en
SWIFT was never envisaged as a tool of soft power, at least not on paper. Using it as such renders it useless.
Countries will always have disputes and there will (unfortunately) be ‘police actions’ (i.e. wars) but the payment system has to endure for the rest of the world’s sake. Unfortunately its become just a tool of US foreign policy. Added to this ‘the West’ has now turned to a form of plunder to finance its activities — its not figuring out some way to use Russia’s frozen assets to finance Ukraine but now Israel has its eyes on gold and other assets in Lebanon. (Wars are expensive, someone’s got to pay and the promise that’s been made in recent years to sell wars to people is that they wouldn’t have to make the “guns before butter” choice which could erode popular support.)
““Australians are generally well served by a safe, efficient and innovative retail payments system. Given the potential benefits of a retail CBDC in Australia appear modest at the present time, and a retail CBDC would create non-trivial challenges for financial stability and monetary policy implementation, we are yet to see a strong public policy case emerge for issuing a retail CBDC,” he said.”
RBA assistant governor (financial system) Brad Jones
https://www.globalgovernmentfintech.com/australia-three-year-roadmap-digital-money/
Presumably the same IMF that suspended relations with Russia following Feb. 2022 (and has only very recently resumed them)
https://www.reuters.com/world/europe/nine-european-countries-protest-against-imf-resuming-missions-russia-2024-09-13/
And presumably the same Russia that was cut off from SWIFT and kicked out of the BIS (Bank of International Settlements).
Nobody’s in favour of CBDCs but the Russian banking system ultimately serves the interests of the Russian State. And hence does at least have more transparency than the obscure owners of Vanguard / Blackrock that own the US Fed / Western banking system. At least we get to hear from Mr. Putin from time to time
“Bank of Canada – consistently among the world’s most cautious major central banks on the topic of the potential introduction of a central bank digital currency (CBDC) – has announced that it is ‘scaling down’ its work on the topic.”
https://www.globalgovernmentfintech.com/bank-of-canada-scales-down-cbdc-work-to-focus-on-payments-landscape/
“Recognising the importance of cash to payment choice and national resilience, Norway’s government is considering legislation to ensure people can always pay using banknotes and coins.A press release from the Ministry of Justice and Public Security echoes sentiments recently expressed by Sweden’s Central Bank, saying it is exploring a revision of the Financial Contracts Act to recognise people’s right to choose between digital and physical payments and strengthen the nation against situations in which digital infrastructure may fail.”
https://www.cashmatters.org/blog/norways-government-seeks-to-strengthen-cash-for-national-resilience
That’s so the digital currency is accepted.
Once it’s running a few years they will gradually make it more difficult to use cash eventually removing it from circulation.
Never trust any government- Norway, USA or UK.
Politicians are the most corrupted ppl on the planet.
Criminals in suits with parliamentary protection..
Yes, if a private enterprise like a shop or internet platform chooses not to have cash registers then you will be free to shop elsewhere.
Good luck with that when there is no cash in circulation.
only as corrupt as the people that ‘vote’ for them – allow them to be…
(or so I’m told, but then again I’m harder of hearing as I’m growing old)
Wrong most folk are just brain washed by the media and not corrupt.
Decent hard working people helped build Western civilization only for corrupted politicians to tear it all down.
You forget your neighbours voted these Politicians into office, and your neighbours also support and pay these Politicians willingly, and eagerly follow ALL these Politicians orders and rules.
Your neighbours are the most corrupted ppl on the planet. They would do anything for money, ANYTHING!
Criminals disguised as innocents average Joe and average Maria.
NEVER trust any of your neighbours, any people you meet on the streets! Sucks!!
Do you have any evidence to back up your statement that I forget who voted the politicians into power?
Your priority is my evidence. Your priority is the Politicians, you do insinuate should be crucified.
But the priority and focus in your comment should have been the people. “My damn fcking corrupt neighbours, colleges, friends and family members, I have come for you not with a pen but with a sword to show you how to vote, back up and obey correctly!”.
I will take that a no then.
Nice word salad by the way, you should go into politics..