You had better get ready for the world of central bank digital currencies (CBDCs) because they are coming. And they are coming fast…
According to a recent survey by the Bank for International Settlements (BIS), as many as 24 CBDCs could be in circulation by 2030.
This means even more government control over your money.
According to the BIS, 93% of the 86 central banks surveyed said they are conducting work on developing a CBDC. Meanwhile, “The uncertainty about short-term CBDC issuance is fading.”
The survey suggests there could be 15 retail and nine wholesale CBDCs circulating by 2030.
CBDCs exist as virtual banknotes or “coins” held in a digital wallet on a computer or smartphone. The difference between a central bank (government) digital currency and peer-to-peer electronic cash such as bitcoin is that the value of the digital currency is backed and controlled by the government, just like traditional fiat currency.
Central bank digital currencies are part of a broader “war on cash.”
A cashless society is sold on the promise of providing a safe, convenient, and more secure alternative to physical cash. We’re also told it will help stop dangerous criminals who like the intractability of cash.
But there is a darker side – the promise of control.
The elimination of cash creates the potential for the government to track and control consumer spending. Digital economies would also make it even easier for central banks to engage in manipulative monetary policies such as negative interest rates.
Mark of the Beast!
Love the Beast!
Cant buy or sell without that mark…hell most will flocks in droves to get theirs..look at how many are lost?
But …First the big demonic manisfestion of aliens and ufos to discredit the one true God…we don’t need him ..if you believe in HIM THEN you get nothing…
Because by accepting that mark you must deny christ ..thats the key
try revaltions 13:1 & 9: 7-11, Amos 9:2;3, ephesians 6:12, colossians 1 :16, Nehemiah 9:6, Isaiah 45:12, Hebrew 11:13, dueturoomy 4:1
9& 19:3