Central Bank Digital Currencies, CBDCs for short, are “the future of money.” The IMF claims This controversial claim comes from World Economic Forum, the global lobbyist organization behind the “You will own nothing and be happy.” Great Reset. What do these claims have in common? Both organizations could use CBDCs to gain more control and violate human rights. Let me elaborate on how they might do it. I about the threats of CBCDs two years ago. Since then, central banks worldwide have intensified the implementation of this dangerous technology, and before they implement it. wrote it's only a matter of time Currently, we have the perfect storm for such a project. Crashing financial markets, historical inflation, the looming energy crisis in Europe, recession, and fear of nuclear confrontation give the central banks an ideal opportunity to play the blame card. With the help of the mainstream media, central bankers will soon force the entire population to comply with a new financial system. They will claim that incorporating this new technology is an attempt at modernization for an old system. They will tell us that CBDCs are a step forward because they enable us to make fast and secure transactions 24/7, or they will increase transparency and decrease money laundering. Although this may be true, CBDCs are actually a step back toward the communist nightmares of the 20th century. In other words, CBDC might be the most significant violation to human rights implemented on a global scale. Here are just a few examples of such violations. Loss of privacy Loss of your privacy is the primary threat CBDCs pose to us. You will spend the CBDC only via the online digital wallet. In other words, central banks will monitor, track, and record every transaction and control every aspect of our financial life. This alone should sound alarm bells but imagine what malicious hackers can do with your data if they gain access to the central bank’s private key to your wallet. Personalized interest rate Central banks are allowed to manipulate interest rates and print money. While all the policies are currently distributed to citizens equally, with the CBDCs, the central bank will be able to personalize the monetary policies to the individual. For instance, you get a negative interest rate on your money if they decide to increase your consumption. In other words, they will apply a personalized inflation rate to individuals. Central banks can use such social engineering strategies in a million ways and manipulate people's habits, political affiliation, occupation, location, or even gender identity. The possibilities are endless. Financial censorship Once CBDCs are in the hands of a population, the central banks gain absolute control. They will no longer have to use the justice system to impose new rules and directives. That is to say; the court order will no longer be necessary to censor or seize your funds. In effect, we will surrender our money and civil liberties to a group of unelected bureaucrats meeting behind closed doors. Social credit system Once central banks gain complete control over our financial lives; they can reward or punish citizens for their actions through the so-called social credit system. Have you been eating too much meat? You’ve reached a limit for this year. Have you been driving a lot lately? Now you can’t buy gas before you purchase carbon credits. This sounds absurd until you realize that . China already has one in place, and . the Bank of England is openly discussing this in public now Canada is implementing one in real-time right now Expiration of money It’s important to remember that central banks love to print money during economic uncertainty, which causes inflation. With CBDC, they won’t need to print as much to stimulate the economy. Instead, they can say that if you don’t spend your money in the next three months. In other words, they will confiscate your wealth unless you use it. And if you can’t preserve your capital, you can’t build long-lasting, generational wealth, and by definition, you become dependent on the state. That’s a road to serfdom. These are just four examples of human rights violations central banks could engage in with CBDCs. It should be one of the main conversations in the media right now. However, the central bankers know better than anyone else that without global awareness, people will welcome the implementation of CBDCs. What’s the way out of the abyss? There’s an antidote to CBDCs. Socrates said, “The secret of change is to focus all of your energy not on fighting the old but on building the new.” That is to say, instead of fighting the omniscient power of the central banks, we participate in a monetary system that is orders of magnitude better than their fiat money. Bitcoin doesn't have ever-changing rules; it doesn’t inflate you away, it doesn’t require permission from a third party, and no one can freeze or seize your funds. Bitcoin is an authentic form of real resistance against digital totality. In other words, we can always opt out.
