Free Republic

Geofencing: "Think of it as an invisible fence around you... that will be related to your face recognition, digital identity, and access control" Big Tech whistleblower Aman Jabbi exposes the digital prison being constructed all around us in this clip from The Agenda: Their Vision Your Future.

legislators passed a series of bills last week aimed at targeting cryptocurrencies– the CBDC Anti-Surveillance State Act, the GENIUS Act, and the CLARITY Act. I explained the GENIUS Act in another post. Some believe that the CBDC Anti-Surveillance State Act and the CLARITY Act are the safeguards that will ensure the USD is never digitized. The CLARITY Act determines who will regulate digital assets and what is considered an asset vs a security. The CFTC was tasked with overseeing digital commodities, while the SEC will oversee restricted digital assets whose value is intrinsically linked to blockchain technology. A token sold...

A proposed GOP ban on a central bank digital currency (CBDC) could pump the brakes on grand visions to reshape electronic payment access around the Federal Reserve. Republican lawmakers pushed the ban through the House on Thursday over concerns the government could use a CBDC to surveil Americans’ financial transactions. The banking industry has also lobbied against the currency, arguing the public already has sufficient access to easily usable and safe digital money.“Nobody yet knows whether a CBDC is a good idea or not,” Rep. Jim Himes (D-Conn.), who has pushed for the government to explore a CBDC, said following...

While the world was distracted by the Epstein debacle, legislators introduced the GENUIS Act that would permit the US government to regulate stablecoins. The GENUIS (Guiding and Establishing National Innovation for U.S. Stablecoins Act), primarily sponsored by Senator Bill Hagerty (R-Tennessee), permits the government to oversee, regulate, and define the $250 billion stablecoin market. Now, stablecoins differ from cryptocurrencies as they are pegged to a stable asset such as a fiat currency or commodity. Cryptocurrencies are allegedly allowed to freely operate on the market based on supply and demand. The GENIUS Act will peg stablecoins to the US dollar and...

He has no experience of elective office. He won by the narrowest of margins, and hasn’t even spent much of his recent career in his own country. Canadians took a huge leap of faith yesterday in voting for Mark Carney as their next prime minister at a moment in their history when the American president Donald Trump has imposed huge tariffs on their country and even threatened to annex it. Still, at least they can reassure themselves that Carney’s vast experience as Governor of the Bank of England means he is a safe pair of hands. But there is one...

Catherine Austin Fitts explains the dangers of a completely digitized financial system. (just over 4 minutes)"It’s called programmable money, some people call it smart contracts. I call it very stupid contracts, but it gives you the ability to issue programmable money and do complete surveillance and control of where and how people use their money." "The thing to understand is if we go to an all digital transaction system - financial transaction system with a digital ID - so I can tell you're you and I'm me with great precision. Then suddenly all those different digitized items and equipments and...

A one-of-a-kind Sam’s Club store opened Thursday in South Tampa after the company abruptly closed the location last year, turning a portion of the building into an online fulfillment center.

On the to-do list of the progressives setting out the steps needed to perfect the world, right at the top we find “Get Rid of Cash.” That makes total sense. Use of cash for financial transactions is the source and enabler of human sin and failing almost without limit. Our free exchange (aka “capitalist”) system gives rise to endless varieties of undesirable activities, ranging from the criminal to the sketchy to the non-virtuous to the icky. If only we had a world without cash, all transactions could be forced onto electronic payment systems where they could be continuously monitored by...

Cash is dead. Speech is scored. Freedom is conditional.. ... Mark Carney didn’t rise through politics. He was not elected. He was installed — by the very institutions that profit most from technocratic control and public obedience. Goldman Sachs. The Bank of Canada. The Bank of England. The Financial Stability Board. The World Economic Forum. Bilderberg. The Trilateral Commission. The Council for Inclusive Capitalism. This is a man who has spent his entire adult life inside the machinery of global finance and elite governance. Now, he’s running a country. Carney is no fool. He speaks in the hushed tones of...

President Trump Signs Executive Order To Ban Central Bank Digital Currencies (CBDC). As I have been warning and appeared in the movie CBDC, the End of Money, that it would have been unconstitutional for the Federal Reserve to create a CBDC, and my sources had confirmed that the Fed would not make a CBDC. This is important that chalks one up for the people – retaining our freedom. This means that there will be no digital dollar and the end of Kaus Schwab’s dream of you will own nothing and be happy. A CBDC was to be programmable where the...

@TheInsiderPaper WATCH: Trump says he will never allow creation of Central Bank Digital Currency (CBDC).

September 20, 2023 Washington, D.C. – Today, the House Financial Services Committee considered Majority Whip Emmer’s (MN-06) CBDC Anti-Surveillance State Act. The bill was passed out of the Committee and reported favorably to the House floor during the markup session, an important step toward passing this legislation through Congress. Transcript of Remarks: Thank you, Chairman McHenry. I’m extremely proud to have this legislation, that frankly, I have been working on for three years at least, the CBDC Anti-Surveillance State Act, included in your markup today. It’s the first anti-central bank digital currency legislative effort introduced in the United States and...

Central bank digital currencies (CBDCs) are the digital form of a government-issued currency that isn’t pegged to a physical commodity (in other words, CBDCs are digital FIAT currency). They are similar to cryptocurrencies, except that their value is fixed by the central bank and equivalent to the country’s fiat currency, which is the US Dollar. The US Federal Reserve has not created a CBDC … yet. Our woefully corrupt El Presidente Jose Biden (more of a Latin American, tinhorn Banana Republic dictator than as US President) has ordered the study of a CBDC. Since everything Biden touches reeks of “boodle”...

Propelling ahead at breakneck speed, the globalist elite are implementing their plan to utilize CBDCs embedded under the skin, aiming to abolish the Second Amendment.The World Economic Forum has called on Western nations to “urgently” ban cash and implement a Chinese-style social credit score system amid growing public rejection of the globalist agenda.The WEF urged world leaders to begin fast-tracking the implementation of CBDC’s during the “Summer Davos” event last week.For years now the globalist elite have been telling us about their plans to seize control of every aspect of our lives and turn the world into a giant prison,...

House Majority Whip Tom Emmer (R-MN) on Wednesday introduced legislation to prevent the Federal Reserve from issuing a central bank digital currency (CBDC), which he and others say could surveil Americans’ financial activity. “Today, I introduced the CBDC Anti-Surveillance State Act to halt efforts of unelected bureaucrats in Washington, DC from stripping Americans of their right to financial privacy,” Emmer, a staunch cryptocurrency advocate, wrote (on Twitter). He continued, “Any digital version of the dollar must uphold our American values of privacy, individual sovereignty, and free market competitiveness. Anything less opens the door to the development of a dangerous surveillance...

Banking giants including BNY Mellon, Citi, U.S. Bank and Wells Fargo will be issuing tokens and settling transactions through simulated central bank reserves as part of the pilot.The Federal Reserve Bank of New York’s Innovation Center, or NYIC, announced that it would be launching a 12-week proof-of-concept pilot for a central bank digital currency, or CBDC.In a Nov. 15 announcement, the New York Fed said the program would explore the feasibility of an “interoperable network of central bank wholesale digital money and commercial bank digital money operating on a shared multi-entity distributed ledger” on a regulated liability network. Banking giants...

The United States is inching closer to issuing their own Central Bank Digital Currency (CBDC). The term FedCoin has been used for a shorthand reference to the US version of a CBDC. It would follow on the heels of several other governments around the world which have already launched their own CBDC, perhaps most notably the People’s Bank of China (PBOC). In addition to the White House’s Executive Order 14067 and the resulting Fact Sheet, most recently detailing several plans of action. This comes as several other nations have either piloted or officially released their own Central Bank Digital Currencies...

CBDC Caution A central-bank-issued digital dollar could enable a dark future.Few likely paid much attention when, on March 9, President Biden signed an executive order directing the government to begin developing a “central bank digital currency” (CBDC) to be issued by the Federal Reserve, alongside a framework to regulate private cryptocurrencies. But this was a moment to which close attention is very much due. CBDCs have the potential to become an unprecedented totalitarian nightmare.As the term implies, a CBDC is digital money that a central bank issues directly. You might assume that you are already using “digital currency” regularly...

The Federal Reserve Governor has urged the United States to be at the forefront of developing CBDC to maintain the U.S. dollar’s role as a global reserve currency. 22756 Total views 2 Total shares Listen to article 2:26 US must win CBDC race to maintain dollar's global reserve currency status: Federal Reserve GovernorNEWS The Fed’s governor has argued that The United States must be at the forefront of developing a central bank-issued digital currency, or CBDC, to bolster the role of the U.S. dollar as a global reserve currency. In a May 24 announcement, Federal Reserve Governor Lael Brainard asserted...

Treasury Secretary nominee Scott Bessent declares it during Senate hearing for his confirmation. CBDCs are Fascist Coin. A CBDC would effectively give the government total control over each person's money individually....a level of control even Orwell never dreamed of.