Danger -- Government Digital Currency

Townhall ^ | 05/11/2023 | John Stossel

[SeekAndFind]

President Joe Biden and the media are excited about something new: a Central Bank Digital Currency, or CBDC. It's a currency like Bitcoin, except controlled by the federal government.

Not everyone is a fan.

"Sometimes government does things that may appear to be benevolent but really are kind of like a wolf in sheep's clothing," says Florida Gov. Ron DeSantis in my new video. "This is a wolf coming as a wolf."

For months, I've tried to get DeSantis to sit down for an interview. What finally got him to agree was government's plan for digital money.

"If you don't trust central authority," DeSantis says, "then you should see this immediately as something that is very problematic."

Of course, a lot of people do trust central authority. The Biden administration says a CBDC will "protect consumers, investors ... and the environment."

"That last one's a tell," laughs DeSantis, "they would impose ideology certain criteria ... 'You're filling up too much (with gas). Wait a minute -- climate change. You can't be doing that! You bought another firearm? No, no, no.'"

Canada's government used its banking system to control people when truckers protested vaccine rules. The government blocked their bank accounts. That stopped the protests.

DeSantis is so upset about the Fed's and Biden's plan for a CBDC he just got Florida's legislature to ban its use in their state.

I ask, "This will be a national issue. Why is it the business of a governor?"

"This is part of our role," he responds, citing federalism. "There's a back and forth between the federal government and the states. We're pushing back about things we don't think are good."

DeSantis questions the CBDC's legality. "The Federal Reserve has come out and said, We would only do it after 'consulting with the legislative and executive branches. Ideally, we'd get specific congressional authorization.' Wait a minute! It's not ideal that you get Congress. That's what the Constitution requires!"

Of course, the media is enthusiastic about a government-controlled CBDC.

CNBC says it will be "as trusted as cash, as convenient as a payment app, yet also benefit from the same blockchain technology which underpins cryptocurrencies."

"When I started talking about some of the dangers from privacy," DeSantis tells me, "the corporate press ... all of a sudden (said) 'DeSantis is trying to promote conspiracy theories!'" MSNBC even called it "unhinged conspiracy theory."

DeSantis wonders why the media even care. "Is it really because they are really that invested in cross-border transactions?" he asks. "Of course not. It's because this is something that could help them advance their ideology of having more central authority ... over the average American."

I push him, "America's going to fall behind!" The Wall Street Journal says America's financial system is outdated and CBDCs will modernize it.

"Oh, please," DeSantis sneers. "They want to move to a cashless society, which would basically mean the Federal Reserve, Treasury Department would have supervisory jurisdiction over all of your transactions."

"Cash is independence," adds DeSantis. "You have the cash in your wallet ... It's not dependent on somebody else."

In other words, cash is private. So is cryptocurrency, like Bitcoin. People can buy gas and guns without using government money at all.

Advocates of government digital money don't like that.

Sen. Elizabeth Warren says, "Legitimate digital public money could help drive out bogus digital private money."

"She clearly would be somebody that rejects any type of digital asset that's not controlled by a central authority," DeSantis responds.

The federal government, says DeSantis, wants "to displace all cryptocurrency because they can't control that," telling me, "the dangers so far outweigh any proposed benefits."

DeSantis and I then talked about many other things, like sex education and what critics call the "Don't Say Gay" law, Florida's anti-mask mandates, America going broke and his flying migrants to Massachusetts.

I will cover those topics in a future column.

[butlerweave]

the democrats will take all your real money and replace it with this crap

[Brian Griffin]

I’m so sorry the housing voucher scumbags trashed your place.

I need a place to live and could fix up your place.

Does it have an area for a garden?

[Brian Griffin]

I was so looking forward to getting a few trillion dollar Biden coins.

[butlerweave]

and when the internet goes out or you’re in a place with no internet or a place that doesn’t accept crap good luck

[ProtectOurFreedom]

Excellent article. Thanks for posting. It prompted me to write to my two State Reps and one State Senator (Idaho) urging them to pass similar legislation banning CBDC in Idaho.

I am so impressed with DeSantis. Every day he is leading the good fight in all the right places.

[Bob434]

Not just that, but they will have itemized records of everything you buy from then on. You won’t be able to buy anything without the gov knowing. With cash, there’s no way for them to know. You also,will not be able to sell things and deposite the money in bank accounts without them knowing because they will know how much you get for your work checks, and will keep close tabs on any extra.

They are doing this in order to squeeze every last nickle out of citizens in taxes AND also to eventually control what is bought and sold and to control the account electronically, shutting it down if a person strays from “approved purchases” etc. (Ie, conserva4ives will be harassed by the gov for buying from conservative outlets that aren’t gov approved. We are already seeing this kind of tyranical control with banks refusing to allow their customers to spend in places that they don’t approve of)

[jdege]

Bitcoin isn’t dependent upon the government, but it’s not private. The blockchain contains a permanent record of every transaction, and it’s generally not hard to connect the Bitcoin to the individual who owns it.

There are cryptocurrencies that provide anonymity - Monero is probably the most widely used - but Bitcoin is not one of them.

[meatloaf]

How will CBDC work in a rural area w/o cellphone service and where internet, if available, is sketchy DSL?

[NewJerseyJoe]

P4L

[SaveFerris]

IMHO, CBDC is coming and there will be no stopping it. Many countries are doing this - IMHO, there will eventually be a One-World CBDC with all nations falling under one Global Money Umbrella - Cash WILL BE eliminated (also IMHO) - I believe this things will be a precursor to the middle of the 7 years of 'Peace and Security' - also coming - a 'peace' deal that divides Israel. (Lurkers please click on my screen name for my FR homepage for some additional information)

These things seem to be coming quite rapidly - I was surprised how many nations are going with CBDC

[SaveFerris]

[ou won’t be able to BUY anything without the gov knowing. With cash, there’s no way for them to know. You also,will not be able to SELL things and deposite the money in bank accounts without them knowing]

BUY and SELL emphasized in your comment

Satan’s ultimate plan for enslaving the human race - control their ability to BUY and SELL

[SaveFerris]

You’ll buy nothing until a good fiber-op connection comes up - or you get good line-of-sight to a cell tower or Starlink-type satellite

[Bob434]

Yup- Digital Currency may just be the vehicle which he uses to force desperate unsaved people to ‘take the mark and worship him’ in order to buy food for the family, heat, gas etc- The Digicurrency won’t be the mark itself- but given that the gov can stop people buying and selling with digi- it will make people desperate enough to submit to taking the mark just so they can get food and essentials for their desperate families-

[SaveFerris]

It's going to be very, very effecting - the pressure from family and friends is going to be enormous - no wonder a person will be betrayed just as Jesus prophesied

A brilliant plan by Satan, the god of this world. (which is why I keep hammering this, lurkers, in some small attempt to inform and warn some portion of the world - I depend upon lurkers to share the information to their family and friends). Satan gets everyone used to BUYing and SELLing - and then pulls the rug out from under everyone's feet.

Covid-19(84) was an excellent dry-run for societal pressure to join in the rush to be accepted - I was forced myself in some ways.

THE FOLLOWING IS SOMETHING SAVED FOR MULTIPLE POSTINGS

Global.........basically, THE ENTIRE WORLD (for all intents and purposes)

Covid-19⁽⁸⁴⁾ ---> Covid-19⁽⁸⁴⁾ is not the Mark of the Beast.

(I'm just saying that for the thread)

BUT:

The parallels are downright eerie.

A clear warning of things to come.

Covid-19 came as a snare. Now it's not THE snare.

But still, it came as a snare. UPON THE ENTIRE WORLD.

A snare that came upon the entire world and institutionalized Global tyranny almost overnight.

Determining if you can travel, BUY and in some cases SELL.

Or if you can even work a job.

Tyranny upon tyranny.

The parallels are just too eerie and too spot-on.

This is a very clear foreshadowing of Revelation chapter 13 and the sheep are blind to it.

[SaveFerris]

Now while this ISN'T the Mark of the Beast, let's start conditioning people to BUY with their hand - convenience, speed, accuracy, anti-theft. Works great - until your Chinese Social Credit Score says you're no longer economically-viable - (another FReeper just mentioned someone getting their credit cards cut off after job loss - not able to buy groceries - it JUST happened to that guy in the last couple of weeks)

Amazon One - Palm-print scanner

Pay with your hand - Forerunner to the coming Mark of the Beast (Revelation 13)

Using one's hands to pay for food. A boxed "convenience store" (Hudson Nonstop, LAX airport, Dallas Love Field airport), to Arbor Trails Whole Foods (Austin, Texas), to paying for food at Panera Bread, to other Whole Foods stores (owned by Amazon).

Yes, I use Amazon for shopping from time-to-time but this "scan-your-hand-to-pay" is already alive and in operation - no doubt it will continue to expand / grow in acceptance. The conditioning (intentional or unintentional, it will make no difference) has started.

I'm sure the people in the pics think they're showing the latest "cool thing" - possibly mocking and laughing at any reference to the "Mark of the Beast" - this is just a sampling of the pictures I found.

By the time the actual Mark of the Beast, these kinds of payment systems will be fully-embedded in society I think.

Amazon One

The world is not there - YET. But the conditioning, intentional or unintentional - it will make no difference. Fast, easy, secure, convenient. IMHO, cash will be outlawed. Digital Currency 100% will be the future. /Captain Obvious































And so shall the world be prepared for 7 years of 'Peace and Security'

[Georgia Girl 2]

Good luck trading internationally with Fed Coin when all the BRICs nations are trading with asset backed currencies.

Texas is coming out with a gold backed digital currency Sept 1st. Fed Coin is DOA.

[SaveFerris]

Tie your Digital Currency to your Phone - Your Amazon One Account - WHAT could possibly go wrong?

Acts 2:38
New King James Version

38 Then Peter said to them, “Repent, and let every one of you be baptized in the name of Jesus Christ for the remission of sins; and you shall receive the gift of the Holy Spirit."

https://www.biblegateway.com/passage/?search=Acts+2%3A38&version=NKJV

John 3:17-18
New King James Version

17 For God did not send His Son into the world to condemn the world, but that the world through Him might be Saved.

18 He who believes in Him is not condemned; but he who does not believe is condemned already, because he has not believed in the name of the only begotten Son of God.

https://www.biblegateway.com/passage/?search=John+3%3A17-18&version=NKJV

Romans 10:9-10
New King James Version

9 that if you confess with your mouth the Lord Jesus and believe in your heart that God has raised Him from the dead, you will be Saved.

10 For with the heart one believes unto righteousness, and with the mouth confession is made unto Salvation.

https://www.biblegateway.com/passage/?search=Romans+10%3A9-10&version=NKJV

An Amazon Go (Just Walk Out) store in the United Kingdom:





Amazon Unveiled A New Program To Pay Using Only Your Palm And I’m Both Impressed And Concerned



NASCAR taps Amazon’s Just Walk Out to improve Phoenix Raceway fan experience









Amazon Go’s first Southern California convenience store opens in Whittier - It’s the company’s first Southern California location, and another is coming to Torrance (Notice Logging-In with a Cellphone)



Cardless Bank ATM - Cellphone Money Recharge / Amazon One



TECH: There's no good reason for Starbucks to use Amazon's palm-scanning tech



Amazon sued for not telling New York store customers about tracking biometrics



Amazon and Starbucks team up for cashier-less cafe in New York City - (Notice Logging-In with Cellphone)



Glover Park (D.C. area) Whole Foods finally reopens; just walk out



Amazon Is Opening A 30,000 Square Foot Retail Clothing Store In Los Angeles That Will Feature Paying By Palm Scan And QR Codes In Dystopian Harbinger





GREATER LA - Cameras, not cashiers, let you ‘Just Walk Out’ of Sherman Oaks (California) Whole Foods



Amazon Whole Foods: Easy Ways To Shop and Pay In-Store



Amazon Fresh to unveil ‘Just Walk Out’ technology in Cerritos – a first for California



Hudson Nonstop, Powered By Amazon’s Just Walk Out Technology, Takes Flight At Dallas Love Field Airport

[SaveFerris]

IMHO, this “Digital Currency” thing and this hand-scanning thing to make purchases (it’s even at a NASCAR track already) is going to change all of our lives and very rapidly.

Luke 21:34-36 friends. God bless, everyone.

[SaveFerris]

Early afternoon bump

The 🌎🌍 planet is changing rapidly - our money is taking on a new form