WEF pushes for restricting “certain types of actors and transactions” from using decentralized finance (Important Read)

Reclaim The Net ^ | July 13, 2022 | Didi Rankovic

[Hostage]

Issue: July 13, 2022
https://reclaimthenet.org/wef-restricting-certain-actors-defi

WEF pushes for restricting “certain types of actors and transactions” from using decentralized finance

Kicking people out of the financial system.

Like the response to trucker protests in Canada demonstrated earlier in the year, a centralized and tightly controlled financial system makes it very easy to punish those participating.

On a much bigger scale, the same is true of entire countries – if they are dependent solely on centralized international systems, they can be cut off at any point, and those in control of the systems can use them as very effective weapons.

But the rise of decentralized finance (DeFi) is throwing a wrench into all this, the World Economic Forum (WEF) has noted in an article posted on its site. The WEF is calling the technology behind DeFi “something of a double-edged sword.” The case of Russia is being used as an example and perhaps a smokescreen, from which emerges the old push to regulate decentralized finances as such.

From the point of view of those developing and using DeFi, things are much more simple: the goal is to remove third parties and ensure financial sovereignty.

However, that also means the decentralized system can be used as protection against various forms of punishment – at the level of a single individual, all the way to the highest-stakes geopolitics. And the decentralized system seems to scale well across this huge playing field.

This is what the WEF is worried about: how to make sanctions designed to cripple economies of adversaries effective again, in the era of DeFi?

The article – penned by R3’s Alisa DiCaprio – is presented as a “thought experiment” – but the WEF once again appears eager to give itself a leading role in steering the direction of regulation of emerging technologies.

DiCaprio notes that while there was great hope that the removal of Russian banks from SWIFT would make anti-Russia sanctions much more efficient, that has not been the case. The reason is that the system of authenticated messages exchange is not centralized. While SWIFT is a major player – it isn’t the only one. And so the affected banks have been able to continue to transact.

DiCaprio suggests that regulating blockchain – which is at the heart of decentralized finance – is the right way of gaining control over decentralized networks.

“A future framework must consider how this important activity (the ability of third parties like SWIFT to intercept payments) could be replicated for blockchain based value transfers,” DiCaprio writes.

“Regulators across the board are subsequently fast-tracking regulation on cryptocurrencies to tackle exactly these problems.”

[Hostage]

Notes:

1. The World Economic Forum (WEF) is the thesis brainchild of Germany's Mr. "Own Nothing, Be Happy", Klaus Effing Schwab.

Klaus's University thesis was the idea to pull together the designated elites of obscene money and form the WEF as their clubby new World Countryclub setup in Davos, Switzerland (aka "Davos Crowd") to be gatekeeper for members chosen to lead their home nations to the new gleaming vision of banking nirvana with its Great Reset and Build Back Better BS.

Dan Crenshaw was inducted as one of WEF's "Young Innovators" as was Meta Facecrap's Suckerturd and the like. Canada's Fidel Trudeau is in there as are Lizard Cheney's most recent big donors. You get the picture.

2. SWIFT = Society for Worldwide Interbank Financial Telecommunications. It's been around for decades as a means by which banks transact across national borders. The history behind international banking is one of great convenience and great alarm. It's alarming because banking careerists grow used to thinking "Gee ..... wouldn't it just be peachy if we could like, standardize the planet banking industry?" This leads to globalism and its "Liberal World Order" replete with governance by what Ben Harnwell calls our "Sociopathic Overlords." This is the driver of history's developments in our lifetimes.

You will own nothing; You will be happy.

Also,

You will drive nothing; You will be happy.

The WEF and its shared network tentacles with the real powers behind centralized banking control lead to this:

3. Personal Note:
Since the 2020 Stolen Election aka "THE BIG TRUTH", I've grown disturbingly disturbed with anyone or anything associated with the Globalist Cabal of which central banking is a core component in staging their mannequins in government.

When I now see the terms "financial regulation" or "financial regulator", I see "RED FLAGS", I think "ENEMY".

This is not healthy, unless we can save our voting and election systems. We must secure our voting and election systems. It's a high, if not the highest, priority for everyone.

An equally important related priority is to structure our worldwide convenient banking system to be firewall-separated in every aspect from our elected leaders and institutions, subjugated harshly to the law with mandatory harsh criminal penalties for crossing the lines between banking and politics.

[butlerweave]

Klaus The Reptile

[BobL]

Once Russia completes its Ukraine project, coupled with the BRICS expansion, anything the WEF (Globalists) do to impoverish and make servants out of their ‘subjects’ (Communist style), will only apply to countries they still control (which are primarily in the West).

The rest of the world will live as they please, including retaining the right to unlimited use of fossil fuels.

[MtnClimber]

All I have to say is that cancelling can work both ways.

[AAABEST]

Can’t these MFers be found and dealt with?

Our side needs to seriously up its doxing and reprisals game.

[butlerweave]

Did Klaus take only of those mesmerizing courses https://www.youtube.com/watch?v=6G3nWyoQ5CQ

[Boomer]

I maintain the idea to make WEF members happy they must have the same “social justice” as they prescribe.

Take all their land to redistribute to farmers and others who will use it for the good of the many. Take their wealth to redistribute to all the needy. Allow them a simple 3bd 2ba house and one car per person so they can drive to work at McDonald’s or other worker needed place.

At this point they should be much happier and own next to nothing compared to what they did have when they were miserable for owning so much.

[Hostage]

You’re advocating, perhaps unwittingly, the Antifa response.

There’s a much better response. I have a little time this weekend, I’ll post a separate thread under activism later today or early tomorrow.

But you’re on the right track thinking something must be done. Just a question now of what and how.

[E. Pluribus Unum]

1. The plandemic is to force you to get the vaccine

2. The vaccine is to force you to get the vaccine passport

3. The vaccine passport is to force you into the social credit system

4. The social credit system is to force you to obey the government or starve

[RushIsMyTeddyBear]

Bkmrk

[butlerweave]

The more you hear about WEF the more it sounds like it’s a Terrorist Organization

[laplata]

“The more you hear about WEF the more it sounds like it’s a Terrorist Organization”

That’s because it is.

The WEF is pure evil.

They think they are gods.

[Gen.Blather]

I’ve mentioned this before. An employee where I worked was murdered in his house. The crime happened on a Friday and wasn’t discovered until late Monday. The police had suspects in custody within hours. How? They asked the phone companies for a list of who was at that address in the hours in question. Then they got the texts, where two aspiring prostitutes texted the purps that the soon to be victim was naked and not armed. The perps, two pimps, burst in and shot the victim.

Yet, everyone still carries a phone. All of those riots in the blue cities...I guarantee that all the rioters can be identified and prosecuted based on their phones. Yet, none of that has or will happen. But if you or I become a target, that phone will kill us.

Between control of our money and our own phones we are indeed screwed.

[dljordan]

Rockefeller ===> Kissinger ===> Schwab (son of a slave using NAZI collaborator).

[Highest Authority]

Many times in history, the “gods” have fallen!

[Disambiguator]

The WEF is pure evil.

Just a cursory glance at their logo reveals a "666" created by a curved line that crosses all the "O's."

[DoughtyOne]

These international elites get too heady, and think they
should be able to stomp over the rights of everyone else.

There’s more of us than there are them.

We should never lose sight of that. Just say NO!

[rktman]

DEFUND HOLLYWOOD!? Wrong actors I guess

[laplata]

That’s right. So will these.

[laplata]

Yes.