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Bitcoin The Cryptocurrency of The Future , The Bankers Worst Nightmare
Friday, October 23, 2020
👉CBDC, Digital Euro, Digital Dollar And Global Central bank Coming - Be Prepared
👉CBDC, Digital Euro, Digital Dollar And Global Central bank Coming - Be Prepared
CBDC, Digital Euro, Digital Dollar And Global Central bank Coming - Be Prepared
The US Dollar is falling, Paving the way to CBDC, Digital Euro, and to Prevent Bank Runs. Investors are running away from the dollar as the Fed continues debasing it. Meanwhile, the Fed is preparing for the introduction of digital Dollars and a ban on cash. The European ECB also announced the introduction of the digital Euro. The biggest overhaul in monetary and currency history is quietly taking place just behind the scenes. On September 22, the ECB quietly filed to trademark the term "digital euro" (which appropriately enough abbreviates to "DE" to instill a sense of German patriotism.
CBDCs Central Bank Digital Currencies Are Coming.
It's not a question of "if," but "when" at this point. This is going to be the biggest change to the global financial system since Bretton Woods. The IMF recently held a conference on digital currencies and cross-border payment systems. More entities are trying to get away from the dollar and implement Central Bank Digital Currencies in the future instead. These CBDC's will enable central banks to go around the banking and financial system and give or take money (tax or transfer payments) directly.
This will affect banking in the future and will affect your rights.
So what's so different about digital Dollars issued by the Fed and the digital dollars I have on my regular bank account?
Nothing yet, but that's what CBDCs are about.
Changing the rules & scope of Digital Money.
More fine-grained control over those forced to use it.
The only thing that gives any fiat currency value is, of course, the fools working for it.
(Because it's created in unlimited supply for free by those who create it.)
Making Fiat Currencies Digital only ensures that the Central Banks can write the monetary rules that nobody can stop or resist, meaning if they adjust transaction fees or interest rates, everyone feels it, and that's not even mentioning inescapable taxes and monetary surveillance.
The FIAT currencies must not be a store of value! Otherwise, we have difficulties with the new digital FIAT system. Look at the mess we are in today with FIAT currencies.
People should only be able to use the central bank-backed digital dollar as a mode of payment and not as a store of value.
They will achieve this by having a negative interest rate on your account.
By the way, these central bank coins won't ever work. 1) It will be a closed blockchain; they will not want the public knowing who gets the free money. 2) The total number of coins in existence will never be known; this will also be a secret.
In My Opinion, they will have a very limited shelf life (less than five years).
Pretty much and absolute control of transactions.
The Central Banks would never relinquish control over the monetary system; they just want to digitalize it so they can print all that free new money (Ad infinitum).
Now time is finally coming for the Global Central bank. It was always there, but now they will have what they wanted all the time. Negative rates are staying for many reasons, which you know well, and the debt itself is another story. Beast needs new blood. (and I won't touch Equity Derivatives, Derivatives themselves, ETF's, etc. For that is way up there) This time, however, they control the numbers in different ways and decide manipulations as they would wish. Control is unprecedented.
They know well the system is broken, so let's start something they have been working for a while, yes let's reset the system and start the Casino refurbish.
The Fed cannot create money; only nature can create money. The Fed has expertise at creating bondage since it's been doing it since 1913. The good news is their scam is coming to an end, but they will have digital cash, which isn't money either for the chattel to use.
When managed by the government and central banks are part of the government, Electronic money, Central Bank Digital Currency (call it what you want) will be managed by policy. The "policy" will be that of the country's political regime. We know that will be "blowing up the dam" with regard to currency available and in circulation, without any cost of money and, therefore, no way to assess the value of any good or service.
Electronic money is just a way of eliminating the cost of money. All governments are in a tight box. None of them can afford governance because their predecessors have already committed so much of government tax revenues to just servicing the debt.
In the USA, the private sector will not be generating sufficient capital to purchase the coming debt sales. The FED will have to step in. When it does, it will issue the Treasury a right to purchase anything from the private sector, and the US Treasury will give the FED a completely hollow promise to repay the borrowing. Go ahead and stick your head below your belly button and pretend that the scheme is not simple expropriation of goods and services.
Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. Please take a second to click the like button. Many of you have asked me where they can buy silver and gold bullion.
You will find in the description box the links where you can buy American Silver Eagle, Silver Bars, or Rounds. I highly recommend that you start stacking some Silver Bullion for the future.
The Fed's ultimate goal is total control and to prevent bank runs.
Bank runs happen when people understand the implications of four facts:
1) Banks don't lend money; they create currency that did not exist the instant before the loan.
2) Depositors finances these loans, and the loans are a substantial multiple of deposits. The deposits are not loaned out. The amount of deposits are simply a number that is used to tell the bank how much new "currency" the bank can create.
3) One person's loan is another person's deposit .
4) There is NO "real money" in the system. When there exists insufficient real money to service all this credit, all those loans default...because it becomes mathematically impossible to pay them.
Neither Central Banks nor CBDC solves ANY of these issues.
They simply delay the credit collapse and thereby increase its impact.
People won't have to work as hard as they once did for their binary 0's & 1's, which can be printed by virtual keystrokes. I wonder how the counterfeiters feel about this new paradigm?
If the government goes digital, the only private crypto coins allowed will have to be government-approved, therefore tracked to the infinity digit.
A cashless society is an enslaved society, and not that we aren't in bondage to the Fed already. It'll just be worse when every transaction will be tracked. Cashless societies are a statists wet dream come true.
One, they want to tax you on every breath you take and every flush you make.
Two, they want to negate the possibility of bank runs on a failing currency, war, hyperinflation scare, or calamity.
Three, they want to turn you off if they don't like you.
Four, they are going to jack taxes so high that evasion will become a new national pastime; the digital currency will eliminate evasion.
Five, take my vaccine, or we will shut off your chips/cards.
“Burkhard Balz, a German politician and executive board member of the country's central bank, said in a speech on Oct. 20 that it was crucial to build tools to restrict how the digital euro is used upon launch.”
The catch is always in words, and sometimes they will give you a few clues as to what’s going on. They are preparing for the full-blown global digital system; actually, they are pretty much ready; just they make sure blockchain is in full swing.
And now, with the populace preoccupied with stage 2, other nations trying to go through another lockdown, debt getting totally out of control, he speaks to a different audience. And I won’t touch on cryptocurrencies, for that is a bigger topic in itself.
Be ready for that switch being turned off and on; reset is in full swing.
Dollars are tangible. Credits are not. And when they take out our grid or communications go down, so does your ability to buy something. That means Everyone must have a phone or digital mark to buy something—no more physical currency.
There is one and only one reason to dispose of cash. To give the bank cartel TOTAL control of overall finance, and coincidentally, all activity.
They are devising overcomplicated and increasingly creative mechanism designed to confuse Main Street, making people feeling good, getting them to spend, spend, spend the money they don't have, and pray a miracle shows up, and the economy fixes itself. If not, this at least buying some time before it eventually collapses.
The bonds were placed at a negative yield on the 10-year tranche! So in our next crisis, who is going to be buying all these negative yield bonds?
Nobody wants these bonds for any length of time and is buying with the guarantee that the Fed will buy them back, and investors make a profit. That is why so many wanted them, and they knew they could turn a quick profit. No one in their right mind would buy otherwise. Smoke and mirrors just like the FED doing QE claiming they are buying $120 billion a month to ensure credit keeps flowing to households.But in reality, they are taking assets and their corresponding incomes streams from banks and crediting banks accounts, increasing their reserves held at the FED which they can do nothing but borrow against as this is not money as the FED cannot print and banks are not lending, increasing lending standards and buying treasuries and keeping some but flipping the rest to the FED for a profit. The whole thing is one giant scam as rates go lower, these dollar-based assets held by the banks and central banks, including foreign central banks, gain in value, and consumers and businesses get screwed more as they cannot borrow and savors and retirees who once depended on interest income to help them survive also get screwed by the FED and the banks!
If only everyone would just wake up and overrun the silver/gold supply after they come to the sudden epiphany that their life's blood, sweat, and tears are represented by monopoly nothingness.
This was The Atlantis Report. Please Like. Share. Leave me a comment. Subscribe. And please take some time to subscribe to my back up channels; I do upload videos there too. You'll find the links in the description box. You will also find a PayPal link if you want to make a donation. Thank you wholeheartedly to all those of you who have already donated. Stay safe and healthy friends!
Thursday, September 24, 2020
👉The Fed to Start Depositing Digital Dollars directly to Each American Digital Wallet !!
👉The Fed to Start Depositing Digital Dollars directly to Each American Digital Wallet !!
The Fed to Start Depositing Digital Dollars directly to Each American Digital Wallet
In an unprecedented monetary overhaul.
The Fed announced that it is planning to send money directly to each American in the next crisis. The Fed will deposit Digital Dollars directly to each American digital wallet.
The Fed itself will make direct deposits into Americans' digital wallets.
The Fed is Preparing To Deposit Digital Dollars Directly To Each American through people's cell phones;So they then can give direct commands on what to do if they want another hit of cash. Free money! For the low, low price of your soul , autonomy and freedom! Get your free money now!
Took longer than expected.
Actually, It's not money but currency what the FED provides. The Economic Hitman has come home to roost and is now waiting to prey on his own. The Fed monetizing its own liabilities is the end.
Just rewrite the Constitution to pay my mortgage and other bills, and free food too, and booze, and hookers. Thanks
That was the goal all along for all these many decades of drunken sailor spending and other fiscal and monetary machinations. Ruin things to the point most people become dependent on government. Those that aren't would be demonized and demonetized.
We're there.
Break it under the guise of saving it. Give the solution, and then total slavery. Technocrats win!!
It is by debt-rigging of nations that the cartel has assumed the control of most nations, and that process is what it excels in the most and has given them such power. The occurrence of the crash of the financial economy in 2019, and the further deliberately-accelerated crashing of the economy in 2020 with the lockdowns, is not a coincidence. It has all been PLANNED to dovetail together, and it results in another purely manufactured crisis to serve the ends of a group despots seeking, with the assistance of their minions and our sell-out governments, totalitarian control over world finances, resources, our nations, and our very lives.
UBI !!!!
Party on serfs!
Now they'll know every purchase made, when, where, and who made the purchase. And they will tax everything!!
And, eventually, the Fed could remotely destroy said digital currency when it so decides.
Ultimate control.
We're way past clown world now.
They should simply raise interest rates - slowly, a few basis points per period - to incentivize savings.
People could actually make money on their savings. Deduct earned interest from their digital money.
People used to make money on their savings - it's called interest. Too bad interest has become even more barbaric than Precious Metals. They don't want savers; no banks do. They won't have good borrowers.
The dollar was not designed to be saved.
The digital dollars in people’s accounts will be on the liability side.
Free debt for everyone.
Cashless society on the way!! On our way to a new system, yet most Americans are too lazy and dumbed down to figure out the old system (central bankers printing money out of thin air to enslave the population).
Bingo. FedCoin is cheese in a mousetrap.
Big Brother will be complete.
This end-game has been telegraphed for years.
The common man must also be sucking on the Fed's teat for this colossal con job to work.
The classic con job always involves implicating the target.
It all sounds good and a utopia until your enslaved in forever serfdom.
So the Central Bank now has the absolute ability to bypass the US government, which is elected by the people, eliminating any pretense of control of this government by the citizens.
The limits they can implement in a system like this is endless. I can only imagine precious metals would be banned for purchase under a digital dollar, along with other commodities.
If they can deposit, they can obviously track and withdraw and confiscate. And freeze your account for bad social scores. The Fed will shut you off.
Now since every FedCoin will have a unique identifier and every portion of the FedCoin spent will have a unique identifier (Thank you BlockChain) traceable to its origin, wouldn't the Fed have the power to revoke or suspend the validity of the coins you have left forcing compliance for users of the FedCoin?
No compliance means your ability to spend FedCoins, and any FedCoins you have are no longer spendable.
Effing insidious.
You won't be able to convert your fed coin to gold.
The Fed will shut you off.
Sorry citizen, your funds are not available for this transaction.
In time, bitcoin and all other cryptos, they all be made illegal.
Do you think the Oligarchs are going to let a bunch of randos become billionaires and keep their cash?
The problem with cryptos is, at some point, you need to exchange crypto to non-crypto. All money flows back to the banks seeing as money is debt, so any business has to pay the banks back in their currency.
That means that although the end-user can purchase in crypto, someone down the chain has to pay someone (or the bank) in US dollars. Therefore, you can't have an alternative currency in the current money system because eventually, the money needs to be US Dollar, and as such, it's not hard to kill off for real-world use.
Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. Please take a second to click the like button. And as You know friends, I rely on your donations to keep this channel functional; as you know, it takes a crazy amount of research and time to bring you this content on a daily basis, so I hope you consider helping with whatever donation you can afford. Thank You.
Soylent Green tastes the same no matter which side of the fence you are on.
So this is likely the final plan by the globalists to completely control everyone's money and accounts.
They steal trillions and gives us dust particles.
A strategy like this will destroy the desire of any sane individual to save for the future. And to think they haven't learned yet from all the harm they have done to working people, savers, and retirees in our country.
Just deposit $1,000,000 of these digital dollars into each American's account and be done with it. We’ll all be millionaires overnight.
Just like Zimbabwe millionaires that starve in the streets because you have to be a billionaire to eat.
Fed: Helicopter money will only be deposited in a digital currency bank account.
Fed: "You will have a digital currency bank account whether you like it or not."
Fed pricks will probably have an expiration date on that BS currency; if you don't use it by a certain date, it'll simply expire. Poof, it's gone!!
Money invested wisely generates future positive cash flows, and so the economy grows, and prosperity reigns supreme. Money given away creates a moral hazard by incentivizing people not to work and creates poverty. We are heading down the path of massive poverty. The entire country will be like one big city ghetto. We need to break up the Fed and start anew with sound money, the incentive to work, strive, take risks to get ahead. Leave them with their Venezuela MMT (Monetary Madness Theory).
Before anyone takes a penny from the Government, better take a look at what has happened to the unfortunate landlords that took the free rent money. In New Orleans and the surrounding areas, if you took the free money, you are now providing rent-free housing.
It is a race to the bottom. All countries need export and want a weak currency. And all governments want to spend now and pay later.
The time is drawing near where we have one chance to make this whole again. One bloody upheaval. If we slip into this electronic, immoral, digital prison, any hope for humanity will be lost for a long time.
Be VERY CAREFUL with this. Both House and Senate have bills waiting to come up that adopt a US digital currency. If the Central Bank criminals would steal $50 Trillion since 1971 from Americans via inflation and interest rates, think what they could steal if they control all your money. Remember, the IRS was created to pay interest to the Fed DIRECTLY for the interest on our sovereign debt they borrow to our government. Their Ponzi scheme would CONTROL ALL MONEY AND PURCHASING POWER OF EVERYONE ON PLANET EARTH. Imagine taxes coming right off the top out of your account, imagine debt/installments would automatically come right out of your account. And imagine if the Dimwits manage to steal our election and impose social crediting like China.Speaking out against the tyranny could render you a bad social credit score and impact what/where you could buy or even your ability to buy at all. Imagine even further - you refuse vaccination, and your account could be frozen. All we would have between us is underground barter that potentially could be determined illegal with capital punishment.
We work. Our labor earns us payroll. We need to be in control of our wages for our work. Otherwise, we are mere slaves subject to the whims of the globalist.
"If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their Fathers conquered.
I believe that banking institutions are more dangerous to our liberties than standing armies. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs."
This quote is attributed to Thomas Jefferson; there is no proof that he ever said it; regardless of who said it, it is 100% true.
The next crises will be created by the federal reserve. They will collapse the stock markets, create the greatest market panic our generation has ever seen, and we will have no choice but to give them even more power than they have already been given by current financial crisis. All part of the plan to hand all financial power over to this international banking cartel, with the federal reserve being only one tentacle of this octopus. But before they collapse all of the world markets, they want us to fall even deeper into debt, and more beholding to them by wanting us to spend even more money we don't have on stimulus. And the dow will reach new heights of 30,000 points.
I expect this world stock market collapse to occur later in 2021 at the very latest. And the end game is to force the world to abandon national fiat currencies, including the US dollar, in place of this international banking cartel's one-world digital currency. And their world power over the people will increase tremendously, since those that control the money of the world control the people of this world.
If you're not stacking food and supplies to the rafters. Well, then you're really not prepared for what's coming.
This was The Atlantis Report. Please Like. Share. Leave me a comment. Subscribe. And please take some time to subscribe to my back up channels; I do upload videos there too. You'll find the links in the description box. You will also find a PayPal link if you want to make a donation. Thank you wholeheartedly to all those of you who have already donated. Stay safe and healthy friends!
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