MCViewPoint

Opinion from a Libertarian ViewPoint

Posts Tagged ‘digital money’

2024: The Year Global Government Takes Shape

Posted by M. C. on January 3, 2024

Kit Knightly

Global government is the endgame. We know that.

Total control of every aspect of life for every single person on the planet, that’s the goal.

That’s been apparent to anyone paying attention for years, if not decades, and any tiny portion of remaining doubt was removed when Covid was rolled-out and members of the establishment started outright saying it.

Covid marked an acceleration of the globalist agenda, a mad dash to the finish line that seems to have lost momentum short of victory, but the race is still going. The goal has not changed, even if the years since may have seen the agenda retreat slightly back into the shadows.

We know what they want conceptually, but what does that mean practically?

What does a potential “global government” actually look like?

First off, let’s talk about what we’re NOT going to see.

1 – They are not going to declare themselves. No, there will almost certainly never be an official “world government”, at least not for a long time yet. That’s a lesson they learned from Covid — putting a name and a face on globalism only foments collective resistance to it.

2 – They’re not going to abolish nationhood. You can be sure Klaus Schwab (or whoever) isn’t ever going to appear simulcast on every television in the world announcing that we’re all citizens of ze vurld now and that nation states no longer exist.

In part because that is likely to focus resistance (see point 1), but mainly because tribalism and nationalism are just too useful to all would-be manipulators of public opinion. And, of course the continuing existence of nation states in no way precludes the existence of a supra-national control system, any more than the existence of Rhode Island, Florida or Texas precludes the existence of the Federal government.

3 – There will never be an overt declaration of a change of system. We will not be told we are united under a new model, instead the illusion of regionality & superficial variance will camouflage a lack of real choice across the political landscape. A thin polysystemic skin stretched tight over a monosystemic skeleton.

Capitalism, communism, socialism, democracy, tyranny, monarchy…these words will steadily dilute in meaning, even more than they have already, but they will never be abandoned.

What globalism will bring us – I suggest – is a collection of nation-states largely in name only, operating superficially different systems of government all built on the same underpinning assumptions and all answering to an unelected and undeclared higher authority.

…and if that sounds familiar, it’s because it’s essentially what we have already.

The only major aspects missing are the mechanisms by which this rough model can be transformed into a flowing network, where all corners are eroded and all genuine sovereign powers become entirely vestigial.

That’s where the three main pillars of global rule come in:

  1. Digital Money
  2. Digital ID
  3. “Climate Action”

Let’s take a look at each one in turn.

See the rest here

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How The Nation’s Central Bank Is Covertly ‘Nudging’ Americans To Accept Digital Money & The Great Reset – LewRockwell

Posted by M. C. on April 2, 2021

https://www.lewrockwell.com/2021/04/no_author/how-the-nations-central-bank-is-covertly-nudging-americans-to-accept-digital-money-the-great-reset/

By Bill Sardi

Ever heard of the Cantillon Effect?  Neither had I.

It is what is happening right now in America, and it reveals that the primary objective of the nation’s exclusive distributor of money, the Federal Reserve Bank, is to boost the value of wealthy people’s incomes at the expense of the poor, which is why the rich get richer and the poor get poorer in America today.

First, a reader needs some backgrounding before wading through all the financial gibberish found online.

See the rest here

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Covid Is an Orchestration for Serving an Agenda—The Destruction of Freedom – PaulCraigRoberts.org

Posted by M. C. on January 6, 2021

Not that warnings are not all over the place.  MIT’s Gideon Lichfield tells us that there is no going back to normal from Covid.  Controls over our behavior are the new normal.  Freedom, liberty, civil rights are not compatible with a Covid world and the Great Reset that the Covid world is being used to put in place. The World Economic Forum isn’t bashful about describing what is being put in place for us.

The change that elites are bringing to us is so radical that people dismiss it.  But their smart devices have already ensnared them into the change.

https://www.paulcraigroberts.org/2021/01/05/covid-is-an-orchestration-for-serving-an-agenda-the-destruction-of-freedom/

Paul Craig Roberts

The accumulated evidence is overwhelming that Covid is an orchestration the purpose of which is to eliminate human autonomy and make the concept of freedom a dirty word that will bring you Covid illness and death.  

As physical currency is one necessity for human autonomy, globalists are working on its replacement with digital money. Paper currency, coins, money orders, and checks pass hand to hand and allegedly carry possible infection with Covid. In contrast, digital money is virtual.  No one touches it. More importantly for the globalists, It cannot be drawn out of an account in physical form and horded or hidden.  You cannot make anonymous payments with digital money.  Privacy leaves your life. You become totally transparent.

Some hope that people will have their own private digital money in the form of crytocurrencies. However, transfers can be prevented between an official digital monetary system and private crytocurrencies.  Moreover, private cryptocurrency payment of rents, mortgages, car loans, grocery store bills, and so forth can be banned and enforced.  A private cryptocurrency economy would have to operate outside of the official digital money economy. As the purpose of digital money is to eliminate human autonomy, such a parallel economy would be suppressed. 

The same goes for payments with gold and silver coins.  You could pay for a private service or for privately grown food from gardens if gardens are permitted in a world of artificial food made in factories, which is what the World Economic Forum’s “Great Reset” encompasses. But you couldn’t purchase a house or car or airline ticket with gold or silver. 

People welcomed the digital revolution without recognizing its totalitarian consequences. They love their smart phones, the Internet, video games, social media, online payments, the ability to work from home.  Perhaps many are agreeable to giving up independence and autonomy for these conveniences.  Even if they are not, they are likely to find themselves trapped inside such a system before they become aware of its consequences.

Not that warnings are not all over the place.  MIT’s Gideon Lichfield tells us that there is no going back to normal from Covid.  Controls over our behavior are the new normal.  Freedom, liberty, civil rights are not compatible with a Covid world and the Great Reset that the Covid world is being used to put in place. The World Economic Forum isn’t bashful about describing what is being put in place for us:  https://www.paulcraigroberts.org/2020/11/19/the-insane-tyrant-who-head-up-the-world-economic-forums-great-reset-says-it-means-the-end-of-human-autonomy/ 

The change that elites are bringing to us is so radical that people dismiss it.  But their smart devices have already ensnared them into the change.

The future that is unfolding is a restoration of ancient times when people were regimented under the control of priests or Druids.  Any person showing any sign of independence was a prime candidate for sacrifice to appease the gods. Throughout the Western World this is already happening to truth-tellers.  Manning, Assange, Snowden.

If people want to be free, they are going to have to eliminate the globalists and dispossess the billionaires.  Every last one. It is pointless to peacefully protest, because as the stolen US presidential election makes completely clear, the elites have no regard whatsoever for democracy and the people’s voice.  They hate the concept of government accountable to the people.  

The preferred government is one accountable to the elites, just as ancient governments were accountable to priests, Druids, and pharaohs.  It seems clear enough that this is the direction in which the Western World is headed. World Economic Forum Founder Klaus Schwab explained on May 13, 2019, to the Chicago Council on Global Affairs that the era of freedom was over and done with. https://www.youtube.com/watch?v=CVIy3rjuKGY 

Notice that the new era of freedom’s absence “is upon us.”  

Why is is upon us? How is it that it is independent of “us.”  Did God unleash the new era?  No.  It is upon us because it is what the elites are doing to us.  The global elites are making us think that it is ordained and cannot be resisted. If we fall for this and permit it, we will be responsible for destroying our own freedom.  Why not instead destroy those who seek to destroy us?

They can be resisted.  All that has to be done is to round up a handful of totalitarian globalists.  Nothing like the casualties of the Bolshevik Revolution, the American Revolution, the French Revolution are required.  Freedom is not up against an established multitude that needs to be eliminated.  Only a few globalists who are seizing power while people sit cowering sucking their thumbs.

If the globalists are not eliminated, they will eliminate us in the sense of our autonomy, our independence, our ability to express a point of view contrary to the elite’s, our humanity.  

These last few lines will produce demands to know if I am advocating violence.  I am advocating nothing.  I am describing a situation and asking a question. We are losing our freedom.  Are we going to do anything about it?

Perhaps I am mistaken.  But based on available information it is apparent that governments in the Western World are committing violence against the peoples whom they allegedly represent. Violence against people goes far beyond arrests for not wearing a mask and fines for not maintaining social distance.  Lockdowns are dispossessing people of their businesses, prohibiting family gatherings and freedom of association.  These are massive interferences with rights that took centuries of struggle to achieve.  And it is all for nothing as the death rate from Covid is miniscule.

The Western World frozen in fear by lies and propaganda has abandoned freedom.

Are the people of the Western World going to accept the violence enacted upon them and the cancellation of their rights?

If the people of the Western World will not defend their freeom, they will not have it.  

See also: https://www.paulcraigroberts.org/2021/01/05/the-covid-deception-updated/ 

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Guardians of money bristle at Zuckerberg’s new financial order

Posted by M. C. on June 24, 2019

Having custody of your own assets rather than depositing them in a bank is a totally different paradigm

The obvious Facebook concerns aside, digital money that the owner can actually control is the problem.

Bitcoin was originally envisioned as private banking. No one could stick it’s nose in your business. Facebook’s Libra? Forgettaboutit.

Privacy – there will be none, this is a Facebook/CIA project. Control – It’s extent is yet to be seen. Don’t get your hopes up.

The point of digital currency from a government/bankster perspective is to control your “money”. The bank wants to charge you to store your electrons. Interest? That’s funny!

Everyone wants to know your business. There will be no “crypto”.

The government wants banks to be able to shut you off at the flick of a switch. The bank and the government want to be able to give you haircut when things get bad.

This is a war on you and your cash.

https://www.bnnbloomberg.ca/guardians-of-money-bristle-at-zuckerberg-s-new-financial-order-1.1277277

Alastair Marsh

–With assistance from Michelle Jamrisko.

Facebook Inc. was hours away from the formal announcement of its ambitious foray into financial services, but French Finance Minister Bruno Le Maire was already broadcasting his discontent.

“It’s out of the question’’ that the social-media giant’s digital money compete with sovereign currencies, Le Maire said.

That was just the first shot in a torrent of criticism and skepticism from policy makers around the world. U.S. House Financial Services Committee Chair Maxine Waters promised an aggressive response from Congress. Former European Central Bank Vice President Vitor Constancio called the initiative “unreliable and dangerous.”

Led by the social network with more users than the combined population of China and the U.S., the project represents a potential challenge that the guardians of money have never faced: a global currency they neither control nor manage. And while the megabanks and their regulators face no short-term threat to their command of finance, advocates of cryptocurrency say the future has arrived and that there’s no turning back.

“It is the beginning of a new financial system where current gatekeepers are substantially less relevant,’’ said Joey Krug, co-chief investment officer at Pantera Capital, founded in 2013 as the first U.S. investment firm focused on Bitcoin.

Called Libra, Facebook’s new currency will launch as soon as next year. It will initially be used for sending money among friends, family and businesses through the Messenger and WhatsApp services and then be used for routine transactions.

Facebook founder Mark Zuckerberg’s ambitions extend beyond simply minting a new coin. The Libra token would contribute to a fairer world, where those now excluded from the banking system would have ready access to cheap and easy payments and financial services, according to a company white paper.

Libra is the latest example of how tech companies including Apple Inc and Amazon.com Inc have ventured into the financial industry, offering everything from payments to money management and lending. While finance currently makes up a fraction of their business, giant companies with huge customer bases have the potential to trigger rapid changes in the industry and introduce new risks, according to a report Sunday by the Bank for International Settlements.

“Technology is changing the basis of competition,’’ says Huw van Steenis, senior adviser to Bank of England Governor Mark Carney. “It’s tearing up walls between businesses. It’s not just Facebook trying to do a currency.’’

Moving into the heavily regulated financial-services industry via cryptocurrencies, which are seen by many officials as nothing more than a conduit for financing illicit activities, Facebook has shown little reluctance to lessen its confrontation with authorities…

Meanwhile, Waters said Libra is “like starting a bank without having to go through any steps to do it,” and that it’s seeking to “compete with the dollar without having any regulatory regime that’s dealing with them.”

While Libra is designed to be less volatile than cryptocurrencies like Bitcoin and is backed by a basket of securities and traditional currencies, some question how a technology company will interact with the monetary system. “I’m not entirely convinced that a tech company, at the end of the day, can be held accountable,” said Vishnu Varathan, head of economics and strategy at Mizuho Bank in Singapore.

There are still many questions about how it will operate and its success is far from guaranteed. Yet the endeavor is being taken seriously by the financial-services industry because of Facebook’s scale and its already vast impact on the world.

While Facebook is now trying to sign up banks to the association governing the token, its new system is a challenge to banks that often act as middlemen in virtually all transactions, according to Charles McGarraugh, a former Goldman Sachs Group Inc. partner who has moved into the digital world as head of markets at cryptocurrency-wallet provider Blockchain.com.

“We are witnessing a re-orientation of financial services,’’ said McGarraugh. “Having custody of your own assets rather than depositing them in a bank is a totally different paradigm and a superior system to the too-big-to-fail construct that dominates the market now.’’

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Should Cash Be Abolished? – LewRockwell

Posted by M. C. on January 31, 2017

https://www.lewrockwell.com/2017/01/frank-shostak/cash-abolished/

Yesterday I witnessed a friend at the state wine shop paying with plastic.  Helping keep the data bankers in business.

First, there is the problem that the mandatory switch from physical money to money held as deposits within banks will deprive people of the privacy they may wish in the allocation of their financial resources.

Second, once all cash is transferred to the banking system, there is the real risk that control over that money is progressively ceded to that system and to the governments which thrive upon it. Political or consumption activities that are unpopular with government and/or commercial interests — especially in an environment of growing powers of the “security state” — could result in retributive action via restrictions on access to those monetary balances.

Third, in a purely digital world it would be impossible to withdraw physical money should people believe that their bank (or the banking system as a whole) was at risk of collapse. This could potentially lock people on board a sinking ship, or at least remove the ability of people to make their own judgments and vote with their monetary feet.

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