Central Bank Digital Currency (CBDC)

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  • marcel
    Senior Member
    • Jun 2015
    • 317

    #1

    Central Bank Digital Currency (CBDC)

    Central banks are showing great interest in digital currency recently and it's becoming likely we'll be seeing them issue a CBDC before long. Will it be FEDcoin in the US? Prepare yourself. It's not something I will be using.

    The proposed authoritarian evolution of centrally issued digital currencies takes the world closer to dystopia.
  • David Merrill
    Administrator
    • Mar 2011
    • 5947

    #2
    Originally posted by marcel View Post
    Central banks are showing great interest in digital currency recently and it's becoming likely we'll be seeing them issue a CBDC before long. Will it be FEDcoin in the US? Prepare yourself. It's not something I will be using.

    https://bitcoinmagazine.com/culture/...ew-world-order
    I was writing a COMMENT in Academia about HCQ yesterday:

    The Paper subject commentary drew me in right away. The hydroxychloroquine HCQ was my carry over from 2016. Donald John was born wealthy from his grandfather and father colonizing quinine. Since DJ was spouting HCQ and even used it to reduce his own COVID to the weekend flu Hunter made China an offer of back door entry into NextDoor, FaceBook, Norton and Avast etc. Public notice ran through Wikileaks from a "stolen" (planted) hard drive outlining the offer. This put Joseph Robinette JR in the Oval Office. It is easy enough to simply retrofit control algorithms into the mining operations. Especially with puppet Russia online, one could even find a lost cat in Denver from the Kremlin. And with the camera in the bedroom, even tell you if the cat is really lost or hiding under the bed!
    And sure enough within the hour I was looking at a newspaper article about China hacking everybody.

    The US and other Western countries on Monday accused China of hacking Microsoft Exchange - a popular email platform used by companies worldwide.

    They said it was part of a broader pattern of "reckless" behaviour that threatened global security.

    China says it opposes all forms of cyber-crime, and has called the claims "fabricated".
    Attached Files
    www.lawfulmoneytrust.com
    www.bishopcastle.us
    www.bishopcastle.mobi

    Comment

    • shikamaru
      Senior Member
      • Mar 2011
      • 1630

      #3
      Originally posted by marcel View Post
      Central banks are showing great interest in digital currency recently and it's becoming likely we'll be seeing them issue a CBDC before long. Will it be FEDcoin in the US? Prepare yourself. It's not something I will be using.

      https://bitcoinmagazine.com/culture/...ew-world-order
      You might want to get some crypto before government outlaws it!!

      Comment

      • marcel
        Senior Member
        • Jun 2015
        • 317

        #4
        At the IMF April 10th meeting the DCMA announced its CBDC, the "Unicoin" https://www.prnewswire.com/news-rele...301793163.html

        And then the IMF denied involvement...
        The International Monetary Fund (IMF) said in a statement to CryptoSlate that it is not involved with the purported CBDC named Unicoin. IMF denies involvement in Unicoin On April 10,
        Last edited by marcel; 05-01-23, 04:32 PM.

        Comment

        • David Merrill
          Administrator
          • Mar 2011
          • 5947

          #5
          Originally posted by marcel View Post
          At the IMF April 10th meeting the DCMA announced its CBDC, the "Unicoin" https://www.prnewswire.com/news-rele...301793163.html

          And then the IMF denied involvement...
          https://cryptonews.net/news/legal/20833945/

          Thank you for the comment. I believe I see your point:

          George Walker, a Partner at Practus, LLP, specializing in international law, facilitated meetings between the DMCA and the IMF, states "Although the IMF has not officially endorsed Universal Monetary Unit, in reviewing the DCMA's Whitepaper and in weekly team discussions, the IMF has yet to state any objections to UMU's FX premium rates and its monetary sovereignty approach."
          www.lawfulmoneytrust.com
          www.bishopcastle.us
          www.bishopcastle.mobi

          Comment

          • teamsnowden
            Member
            • Sep 2014
            • 37

            #6
            Is LM redemption the solution for those of us who don't want to be forced into using a new currency in the USA?

            Comment

            • David Merrill
              Administrator
              • Mar 2011
              • 5947

              #7
              Redemption and CBDC Central Bank Digital Currency

              Originally posted by teamsnowden View Post
              Is LM redemption the solution for those of us who don't want to be forced into using a new currency in the USA?
              That is a good question, interestingly phrased.

              Most people ask me if redeeming lawful money will have any effect on CBDC? (Central Bank Digital Currency) Or vice versa, will central bank digital currency have any effect on redeeming lawful money?

              I cannot foresee that the Federal Reserve can convert security and confidence into Blockchain. Blockchain security is empty of reserves. Therefore the backing even for CBDC will be Special Drawing Rights, like we have now. When approving your electronic transfer, you will hopefully already have your demand on file, and have retained evidence of your demand on the authorizing signature.

              It is useful for me to have read P.L. 94-564 several times through, out loud in discussion groups. Mostly Christian home bible study. So I post it linked again here for you. The State Department Bulletin about KATZ initiating SDR's as currency during the Secret Jamaica-Rambouillet Accord will round out your reading.

              Another component is the request to Report whether you engage in digital currency as income at all. Leave that Line 2 Question on the 1040 Form unanswered. Do not sign any testimony one way or the other. Do not check either box; Yes or NoJamaica Rambouillet Accord.pdf

              Statutory Public Law 94-564.
              Public Law 94-564 2018.pdf
              Attached Files
              www.lawfulmoneytrust.com
              www.bishopcastle.us
              www.bishopcastle.mobi

              Comment

              • David Merrill
                Administrator
                • Mar 2011
                • 5947

                #8
                Turnover Assets to CBDC

                This on the Horizon (Monday):

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                And the 2024 Election Whisper continues strong:

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                We find that James Emanuel BOASBERG, the alleged Chief Judge over the J6 Trials has his entire career sludged:

                HOWELL and BOASBERG R4C.pdf

                It clearly says, "So help me God." not SO HELP ME GOD.

                If you find yourself studying this post, you should also look up the Rules of Admiralty - Rule B(1)(c) and E(4)(f) in the header:

                (c) If the plaintiff or the plaintiff's attorney certifies that exigent circumstances make court review impracticable, the clerk must issue the summons and process of attachment and garnishment. The plaintiff has the burden in any post-attachment hearing under Rule E(4)(f) to show that exigent circumstances existed.
                BOASBERG may realize he is personally liable for damages if he cannot explain why his oath of office is deviant.
                www.lawfulmoneytrust.com
                www.bishopcastle.us
                www.bishopcastle.mobi

                Comment

                • David Merrill
                  Administrator
                  • Mar 2011
                  • 5947

                  #9
                  The CBDC Event

                  The Event itself is that instead of raising the debt ceiling Congress will be allowing YELLEN to suspend it by default - silence/acquiescence. This means all the assets will be transferred out of reserves (SDR - Special Drawing Rights) as actual registered assets. The endorsers' proverbial shirt on their backs will belong out and out to the Fed, come as soon as Monday!

                  Look at the consequences if the endorsers refuse to yield, from way back:

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                  The way to handle that, then as now, was indictment for Temple Desecration:



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                  Download High Tide Mark.

                  Some might be a little mystified about the quote from the Book of Enoch, last page. Jesus taught His lessons from the Book of Enoch. It was very popular doctrine.

                  Mount Hermon: Colorado's Mount Herman, plays an iconic role too, Monument. This was the Tribe of Dan (Judges 18) negotiating with an alchemist (Priest) for processing illegal monatomic gold. A second Ark in the northerly location.



                  www.lawfulmoneytrust.com
                  www.bishopcastle.us
                  www.bishopcastle.mobi

                  Comment

                  • David Merrill
                    Administrator
                    • Mar 2011
                    • 5947

                    #10
                    American liquidation.

                    Over 25K emails out about the deviant oaths. While America is liquidated for backing the CBDC.

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                    www.lawfulmoneytrust.com
                    www.bishopcastle.us
                    www.bishopcastle.mobi

                    Comment

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