patrick.net

I think I've posted this before.

Robert F. Kennedy Jr Says the Truckers Protest in Canada Highlights the Dangers of CBDC

“When I watched that happen I recognized that freedom of currency is as important as freedom of speech”

@RobertKennedyJr

RFK Jr has many policies that will resonate with conservatives plus some independents and a few Dems. I see a Dem strategy of running RFK Jr as a third party and thus syphon away enough Trump voters for Biden to win.

"If you think about the benefits of digital money, there are huge potential gains. It's not just about digital forms of physical currency. You can have programmability, you know, units of central bank currency with expiry dates. You could have, as I argue in my book, a potentially better -- and some people might see it as a darker -- world where the government decides that units of central bank money can be used to purchase some things, but not other things that it deems less desirable, like, say, ammunition or drugs or pornography or something of the sort. And that is very powerful in terms of the use of a CBDC."

- Eswar Prasad, WEF event in China

ET TU, OUR GREAT CHRISTIAN LEADER?

A new law paving the way for the roll-out of the Digital Ruble comes into force on Tuesday, establishing the blockchain-based currency as a new form of legal tender inside Russia.

What is the Digital Ruble?

The Digital Ruble is a new form of currency in Russia, which will be issued by the Central Bank. It is Russia’s version of a central bank digital currency (CBDC) and will be based on blockchain technology. It will sit alongside cash and existing forms of electronic money as a means of payment. The Central Bank says the Digital Ruble will reduce transaction costs for businesses, add an extra layer of security for consumers and help combat corruption. It is currently being tested by the regulator and commercial banks.

Once launched, businesses will be able to accept payments in Digital Rubles in shops, potentially including through offline methods like NFC payments. Digital Rubles will be stored directly in accounts with the Central Bank, but accessible through wallets with commercial banks. Digital Rubles will be fully convertible into both cash and other electronic payment forms. The Central Bank will not pay interest on holdings of Digital Rubles and will not allow borrowing in Digital Rubles.

Anyone who thinks Russia isn't part of the global agenda is deluded. Just like anyone who thinks Ukraine isn't part of it, or the United States. But if we're from the US of A I think we should be focused on the digital rollout at home, I don't give two shits what Russia does because I'm not Russian.

Russia is accelerating the implementation of the digital ruble.
The Central Bank of Russia will start its first real operations on 15 August in 11 cities. Now Russians are being told that it will be "the onset of a new beautiful and transparent world".

After the full-scale invasion of Russia into Ukraine, Russians rushed to withdraw money from their bank accounts. Last year alone, the volume of cash grew by 2 trillion rubles (about $22 billion). And it is more difficult for authorities to control cash.

Russian blogs contain active discussions about the digital ruble.The main viewpoint is that businesses and citizens will be under an even tighter control of the state with such digital currencies.

The digital ruble will probably have a heavy impact on those who fled Russia - they already call it a digital "serfdom" for Russians.

What is planned:

Since the new digital currency will be issued by the Central Bank of Russia, it means that:
▪️ accounts of all individuals and companies will be on the Central Bank's server;
▪️ Federal Security Service (FSB), financial monitoring, and tax authorities will have access to this data;
▪️ authorities will be able to monitor any transaction;
▪️ authorities will be able to see where and on what money is spent;
▪️ a digital ruble can be programmed so that it can be used only in a certain location.

Who will have to make the transition to the digital ruble:
▪️ state employees;
▪️ social payments (which means millions of people).

Shelf life of the digital ruble:
There is a possibility that the new currency will have a shelf life. After its expiry, the money will vanish. That is, Russians will not be able to save and withdraw money. And it will also have to be spent before the expiry date.
The digital ruble is a new and convenient way of control by the Russian authorities. It will make them able to restrict financial transactions, encourage the purchase of certain goods and forbid others with a single button.
Such a rapid introduction of the digital ruble might suggest that the Central Bank is preparing for a shortage of cash.

Also:

https://www.france24.com/en/live-news/20230815-russia-tests-digital-ruble-in-bid-to-bypass-sanctions

NuttBoxer says

Anyone who thinks Russia isn't part of the global agenda is deluded. Just like anyone who thinks Ukraine isn't part of it, or the United States. But if we're from the US of A I think we should be focused on the digital rollout at home, I don't give two shits what Russia does because I'm not Russian.

EVERYBODY ON THE SURFACE OF THE EARTH'S GLOBE IS A PART OF GLOBAL AGENDA!!!

CBDCs are game -> set -> and match.

https://vigilantfox.substack.com/p/european-politician-breaks-very-bad

https://www.coffeeandcovid.com/p/lapses-thursday-november-16-2023

On the other hand, I often think that graft and corruption could be the only thing saving us from a totalitarian digital currency. I mean, if there’s no cash, how will politicians get their payoffs? Or, what happens if they can’t daisy-chain a bunch of banks and a chain of complicated business entities to wash the bribe money? How will they pay for hookers and blow?

It seems to me that corrupt politicians want financial anonymity more than anybody.

Yeah, this is naive in the extreme. This guy needs to read or re-read 1984. CBDC isn't money, it's absolute power. This reminds me of the people who think that corruption comes from free markets...

https://slaynews.com/news/trump-vows-never-allow-creation-digital-dollar/

President Donald Trump has vowed that he “will never allow” so-called “cashless societies” to infest America and promised voters that he will block “the creation of a Central Bank Digital Currency (CBDC)”

In recent years, globalists such as the World Economic Forum (WEF) and the United Nations (UN) have been pushing for the rollout of a CBDC or a “digital dollar.”

However, as Slay News frequently documents, “digital cash” poses a significant threat to the privacy, security, and freedom and people everywhere.

Trump said he is making the “promise” to block “digital cash” in order to “protect Americans from government tyranny.”

The 45th president and Republican 2024 frontrunner made the pledge during a campaign stop in New Hampshire.

OK, that's a nice point in favor of Trump.

Now if he would only admit that the toxxine has killed millions...

The CBDC is actually more important. Although we should remember politicians will say anything to win an election.

They are going to kick him off the ballot in several states. It will be 'at the last minute' where SCOTUS can't do anything about it and the RNC will happily comply.

Sorry, SCOTUS. But we already printed and mailed out the ballots!

Eric Holder says

accounts of all individuals and companies will be on the Central Bank's server;

And that is what will kill the CBCD. Anything so centralized is hackable. And the effects of said hacking will be that much more amplified.

ALL currencies operate on confidence. Whether they be based on gold, cowry shells, glass beads, reputation or credit. Break that confidence and the currency goes to shit real fast with the public.

This is why Argentina, Zimbabwe and a shit load of other nations' populations conduct serious transactions in a foreign currency. Dollars in Argentina, Rand in Zimbabwe.

And when that isn't available, they resort to barter.

First time a CBCD is hacked, the issuing government had better kill as many ppl as they have to to keep it quiet. Or else the CBCD will become worthless.

In case you think you can legislate your way out of it, you can't...

https://corbettreport.substack.com/p/the-feds-doomsday-book-has-been-revealed