Loading ...RBC says CBDCs are inevitable, but there won’t be a digital dollar anytime soon
Stay with this…it starts out ominously But there is a happy ending. Good Synopsis of the Pros and Cons of CBDCs from the Banking Industry’s Perspective
Thanks Joel…Important piece of the puzzle
Always Alarmism regarding CBDS…always the end game scenario…total control of everyone.
My question has always been Why would the Commercial Banks and the whole Infrastructure supporting them go along with CBDCs as advertised by the fear Mongerers on “Our” team ?
This CBDC shit would Destroy them totally .
And having ONE system for the whole world means if it goes down..everybody is fooked…No CAN DO …not gonna happen !
Lets find something else to fear
Of course, just because the bankers don’t want it either, doesn’t chart us a path in the direction we need to go.
We want freedom from CBDCs AND from fractional reserve lending.
So like in RISK, we can be TEMPORARY allies.
I don’t like it. This is how they go about introducing new programs that are not popular – a little at a time. They convince us that this little change is not so bad, then a while later they add on to it, and so on and so on. Before long it is all mandatory, all the cash is gone and it’s too late for us to do anything about it.
By the way – how are they going to handle the people that (for voting purposes anyway) are unable to get any type of identification? Hmm…
Biometrics Ken. With Biometrics you don’t need ID anymore because you are totally unique. That’s what Worldcoin Iris Scanning was all about. Especially in places like Africa where millions have neither ID nor bank accounts. As long as you have eyes you can be identified and thus transact, shop and trade. This is where we are all heading actually but they just started out with facial recognition but eventually want to move into implants. With an implant you also do not need ID, photos, or passports anymore. Mark of the beast stuff of course. You must refuse or your soul will be lost.
What will the drug cartels do if this happens. They will have no customers. What? You gonna swipe your CBDC to get your fix?
The biggest drug cartel in the world is big pharma. They’ll take digital currency, and then they’ll go out to dinner with central bankers.
The same group of super rich who control the banks will also control the CBDCs, so they will not really be affected.