Last updated on November 29, 2022
The Central Bank Digital Currency. Perhaps you missed the news that the United States government is testing a digital currency, so let’s take a quick look.
In this article, I’m going to explain the basics of the proposed Central Bank Digital Currency, why it will make life far worse, and the terrifying things the governments will do to us to make it happen.
Like everything today, this matter is complicated with many threads and implications. For that reason, I’ll stick with the basics because I don’t want to talk out of school. Well, that mixed with my all-important opinion.
I won’t assume that everyone is familiar with cryptocurrency, nor will I pretend to be highly educated on it myself. Just today, I was on the phone with a friend and he asked if Bitcoin is an actual coin or a digital version of money.
That’s nothing to laugh at because he’s in the same boat as millions of people. But, to his credit, just asking that question shows that he already had an idea that it’s digital, not physical.
Already we’ve crossed into the realm of the complicated when I put Bitcoin in the same sentence as crypto. The purests are already looking up my address. At the very least, they’ve begun drafting a scathing tweet directed at my simple-minded thinking.
Let’s look at what the Fed is testing, looking to do, and the likely result.
The Central Bank Digital Currency, or CBDC
Here in the United States, and essentially worldwide, we use the dollar, the Federal Reserve note. This note is accepted and used all over the world. It is the dominant means of currency.
We think of this as a dollar bill. It is, however, just a number on ledgers, transferred and accepted digitally for government and big business.
When we say the government keeps printing money, we’re not referring to printing presses running full-time, spitting out hundred-dollar bills. Of course, there is some of that, but the currency is created from thin air.
When your bank grants you a home loan, those funds are generally ‘wired’ electronically. Does that mean your mortgage funds were added to the seller’s account and removed from the bank’s or mortgage company’s account? Not really.
Those funds were ‘created’ by the act of you borrowing the money. Therefore, they have no skin in the game.
I mention all of this to help you understand that it isn’t such a stretch for the Federal Reserve note we’ve been using our entire lives to transition to digital currency, i.e., a Central Bank Digital Currency (CBDC). Link
The government is beta-testing this new form of money, the CBDC. This confirms many of the so-called ‘conspiracies’ wrapped around a more federally controlled exchange of money.
By the way, I’m going to forgo the discussion of ESG and a movement toward a social credit score for the moment, just for brevity. I won’t even mention The Great Reset.
Why Would The Government Want A Central Bank Digital Currency?
The answer is simple yet terrifying. It’s all about control and taxes. If every purchase has to be done electronically, everything is recorded. You can’t escape a penny of tax if you automatically report every transaction made and all income you receive. You can see why that would appeal to those in power.
It Gets WAY Scarier
Not only is the digital currency trackable, but it can also be controlled. The transactions can be allowed or denied. Already, you should feel the hair rising on your skin if this is the first you’ve heard of this.
Consider this; you want to buy a new car. The government wants you to buy a dirty green electric car (Thank you for coining that phrase Bryan Dean Wright). Even if the bank says yes, the Fed can say, “Not so fast, you filthy citizen slave. We’re going to insist you buy green.”
It won’t happen overnight, but it will happen faster than most think. It will likely begin as part of that social score that I’m not mentioning. If you buy a used muscle car and ignore the Fed’s wishes, you might get negative feedback on your overall social score.
Maybe a negative score affects your ability or the amount of government assistance you qualify for. Maybe by then, everyone is getting their Universal Basic Income (UBI) and that money can be reduced or eliminated if you refuse to play ball. Better get green citizen or you can’t have the carrot.
Here you go; maybe you bought more than the five ounces of meat per person in your household was supposed to buy that week, and you’re spanked for that.
Think about this; the government automatically knows if you smoke or drink. They know if you frequent a gym or buy too much gas. Now think about insurance rates.
Think it can’t happen? You don’t have to look too far. It’s already happening to a degree in China.
But not in the US. That would never happen. Right? And there will never be forced lockdowns, mask and vaccine mandates. Right?
That Brings Us To The Scariest Part—The Impending Collapse
Ask yourself this: How did governments and mega organizations worldwide get people to stay home happily, go broke, wear masks, bathe in hand sanitizer, and accept a new and untested experimental drug?
We can debate all day on whether or not covid was created or naturally occurred, but one thing we should all be able to agree with is that covid was exploited.
Again, whether engineered or not, a crisis was needed to make people bend to those demands no matter how ridiculous the solutions seemed.
I believe the world powers were pleasantly surprised at the ease with which the masses bent over and took it smiling. They only had to worry about the media, social sites, and outspoken experts and professionals. We see how easily those people were either controlled or canceled.
No amount of collateral damage is too significant when it comes to power and profit.
So How Big Of A Crises Is Necessary To Change Our Monetary System?
A complete collapse of our current system should suffice. I know, but hear me out. Not all conspiracies are theories. Unfortunately, many of them turn out to be spot-on.
Tell me you haven’t wondered why we keep shooting ourselves in the foot. Nations all around the world are violating common sense at every level. Why is that?
Why would we, as in the United States, go from the largest oil producer to one that depends on the middle east again?
Why would a war between Russia and Ukraine cause financial heartache?
Why would we continue giving billions to Ukraine when we don’t have the money to take care of our own? Think about it; we’re giving away money that is borrowed from the Chinese. I know; I said money is created, and it is. I also said it’s complicated.
Why would the Biden administration blow TRILLIONS of dollars that we don’t have? Yes, because we’re idiots, buying into politically controlled media rhetoric, believing a lie as big as The Inflation Reduction Act. We can’t see the Build Back Better stenciled just under the new layer of paint.
We can go on and on. It seems almost like the government doesn’t want to fix our economic troubles. I mean, they didn’t even pick a decent excuse. Instead, they are using the climate crises to create a new and much bigger crisis- the complete collapse of our monetary system. Worldwide!
I know it sounds crazy. I’ve walked away from podcasters and bloggers that, with every episode or blog post, they destroyed the world with one dystopian disaster after another.
Trust me, I’ve been blogging for almost two decades, I even have a survival blog, and I don’t do that.
I could be wrong. I do know, without a doubt, that many influential people pull levers and push buttons with the intent of creating the crises I just outlined.
Alright, enough for now. Go back to your family and enjoy your holidays. You have time. You can still prepare. You can still work on a bit of preparedness. You can still look into alternative incomes and currencies. You even have time to look into a parallel economy.
Just don’t wait too long. I don’t know about you, but everything seems to be accelerating for me as far as time.
See ya, Brian
The dog can talk.
I repeat. The dog can talk.
Brian D. Hawkins is a late-blooming thought leader in his mind. So please don't disturb his happy thoughts. It's all he has.
Brian D. Hawkins has been a blogger for over twenty years, having written thousands of public articles on dozens of websites. He currently blogs for NextStepSurvival.com and his personal blog at TheOpinionBlog.com.