Welcome to Big Brother's Digital Prison, Part I: Central Bank Digital Currencies
Your money will no longer be yours, but more like a credit or account that you will have with the government and that you will only have access to on condition that you follow the rules
Globalist leaders are working at full speed to introduce central bank digital currencies (CBDCs). A CBDC is a digital currency that is issued directly by a central bank, such as the Federal Reserve in the US, the European Central Bank in the EU’s eurozone, and the Bank of England in the UK.
A CBDC will be the final straw that ensures that every dream of suppression and control that the globalists nurture will come true. Several of those dreams are already a reality, including shutting down dissent and free speech, as in Europe, where people are routinely fined and arrested for saying things their governments do not like. A host of other controlling measures are already in the works, including herding people into “15-minute cities” where it is easier to monitor them, keep tabs on their use of private cars, decide what they can and cannot eat – ideally “ecologically preferable” bugs and lab-grown meat, no beef or cheese — track their “carbon footprints”, determine where and how they can travel, oversee their vaccines and so on.
The Oxford-educated, German economist Richard A. Werner said in an interview last year.
“The push for CBDCs is the final step in a multi-decade program by central planners to increase their power over the people and over countries. This is the ultimate step because the powers of CBDCs are so extraordinary that, I mean, even the worst dictators of past centuries could only have dreamt of having such enormous power over the lives of so many people.
“We are talking about a very dystopian future if we allow central banks to issue central bank digital currencies. You know, even if the original designers and heads of central banks who are launching this are super well-meaning, you know, let’s give them the benefit of the doubt, we just know what human nature is like and history is the best guide…
“I think the power would be abused, if not by the original generation of launchers, then by the next generation…. It will be a completely totalitarian system of such frightening proportions, it’s hard to imagine…
“The micromanaging decision [about your spending] will then be automated and… you have no right to appeal the algorithm… You just won’t be able to use your money for certain things and then there is nothing that you can do… That by definition ends freedom….
“Dictators like Stalin and other dictators, they could only have dreamt of, you know, the enormous power that central bank digital currencies give to central planners… We are talking about dystopian digital prisons that will be created through central bank digital currencies, because the programmability – and this has been mentioned in the studies by the central banks – include of course geography, and there is this proposal for climate change, whatever reasons, that people… should stay within their 15-minute walking small local area… and there will be digital controls… when you walk with all your RFID chips in your cards and your CBDC anyway, of course you will be immediately recognized if you’re out of the area and you will be punished. It’s a digital prison.”
CBDCs will indeed be “programmable”: In 2021, the Bank of England asked for ministers to have the final word on whether a central bank digital currency should be “programmable”, meaning that the central bank would have a veto over how people would spend their money, the Telegraph reported.
“Tom Mutton, a director at the Bank of England, said during a conference on Monday that programming could become a key feature of any future central bank digital currency, in which the money would be programmed to be released only when something happened.”
According to Mutton:
“There could be some socially beneficial outcomes from that, preventing activity which is seen to be socially harmful in some way. But at the same time it could be a restriction on people’s freedoms. That is a really delicate debate that needs to be had. It is not something we can settle ourselves, that is for the Government to lead on.”
Programming, Mutton made it clear, would mean that the technological possibilities would lead to enabling the state or an employer “to control how the money is spent by the recipient.”
Not only is such a scenario horrifying beyond words, but half the world is already hurtling towards this nightmare: A study by the Atlantic Council last year found that 134 countries – including the U.S. at the time – were pursuing central bank digital currencies, with almost half of those countries at an advanced stage in this process. The Biden administration was actively working towards an American CBDC, but in May 2024, the House of Representatives passed a bill to prevent the Federal Reserve from introducing a CBDC. Shortly after coming into office, President Donald Trump banned the establishment of a CBDC in the United States.
In Europe, the European Union is barreling ahead at full speed towards a central bank digital currency for those EU countries that are part of the eurozone, which includes the majority of EU countries. Yet, the dangers of this euro CBDC are nowhere near being discussed in mainstream European media. Of course, EU leaders stress that Europe must have a CBDC to “adapt to the digital age” – a vapid statement evidently intended to subdue skeptics, and supposedly to protect Europe against “increasing geopolitical fragmentation,” whatever that is, if it is even relevant to digital currencies.
Whatever the excuse, the impending CBDCs appear intended to give governments unlimited power: If the government does not like your speech, off to jail you go – as in the UK, where people are imprisoned for months and years for saying or writing things that the government disagrees with. Meanwhile, real crimes, such as the mass rapes of thousands of children over the past 20 years, in Rotherham and other cities,remain rampant and largely unaddressed.
Those who control CBDCs will not only be able to fine and arrest you, as they do today, but also to simply cut off your money. Are you eating beef or cheese beyond your carbon allowance? You will have to buy bugs or fake meat instead, as the state will cut off your purchasing freedom.
