It’s seemed evident for a while that the current fiat monetary system is, at best, unstable. At worst, it’s a Ponzi scheme whose time has expired. If that’s the case, I suspect the central bankers and 0.1% know this and might be prepared to usher in the new system before the old one collapses on itself – even as they loot it on the way down with the most significant wealth transfer in human history.
To anyone who pays attention to these trends, it seems evident that Central Bank Digital Currency (CBDC) will be that new system.
Every indication is that CBDC’s arrival is imminent. On Tuesday, several global banks announced a partnership with the New York Federal Reserve to pilot digital dollars. Given the ubiquity of credit and debit cards, payment apps and other online payment systems, digital money has been bound to happen for some time. The risk isn’t the electronic part, that’s inevitable – it’s the fact that a central bank will oversee the digital currency.
From my vantage point, it’s impossible to overstate the risk presented by CBDC. Whether it’s a utopian vision based on good intentions or a sinister plot to crush our sovereignty, the result may be the same: control. A Central Bank Digital Currency has all the downsides of fiat money, plus the added layers of surveillance and programmability overseen by the state.
So many people on Team Reality have likely felt like dissidents over the last few years simply for challenging anything beyond the herd mentality. Asking questions or speaking against the narrative about topics including the likely origins of the Covid virus, usefulness of PCR, risk to most of the population, benefits of early treatment, advantages of natural immunity, safety and efficacy of vaccines, pros and cons of masks and lockdowns, and the utility of vaccine passports created an environment where people were stigmatised, alienated or outright censored. Imagine a monetary system with features baked-in to socially engineer how we live. For example:
- Health: “You didn’t take your booster… sorry, you’re not allowed in public spaces.”
- Energy: “You used your energy allotment this month… sorry, your electric car won’t start.”
- Food: “You ate too much meat this week… sorry, your money is only good for plants (or bugs).”
- Savings: “If you don’t take your rations soon… sorry, your money will expire at the end of the month.”
- Free Speech: “You shared info that we disagree with… sorry, our algorithm is fining you.” (PayPal has already started doing this.)
If CBDC ultimately becomes the new monetary system, its core features will make it so that world governments will no longer need something like a global health crisis to print money or close society. Lines of code can shape our behaviour and ensure we’re forced to stay home. The entire platform will be designed to expel labour that is no longer deemed necessary. While I initially believed the state-led pharmacological interventions were an isolated, acute threat in this era, it’s become evident they were simply one tentacle in a much larger beast. Whatever forces are insinuating this direction on the world (looking your way, Davos), it’s revealed itself to be unrelenting in its pursuit of perpetuating fear and power.
I’m well aware this must sound insane, especially to anyone that hasn’t paid attention to this trend for a while. A few years ago, I would have thought it was preposterous, but after witnessing the Government’s lies, deception and grab for control, I’ve become fearful that this may be where we’re headed. When you consider that vaccine mandates had no medically justifiable purpose, it’s entirely plausible that they were simply an on-ramp to normalise a ‘papers please’ society. In NYC, where I lived until recently, most people accepted vaxports and loved the Excelsior Pass mobile app because it was convenient. How many will feel the same about digital money, which will undoubtedly come with its share of benefits?
Central Bank Digital Currency will enable governments to impose top-down control, à la Chinese Social Credit Score. Some central bankers are even saying the quiet part out loud. Whether or not this is the programme’s objective, has there ever been a time in history when governments rejected the power they are given? At this stage, this isn’t some tinfoil hat theorising, either. There are many examples of how this type of finance-driven coercion is already underway.
- “Now the Government is asking people to apply for plastic My Number cards equipped with microchips and photos, to be linked to driver’s licences and the public health insurance plans. Health insurance cards now in use, which lack photos, will be discontinued in late 2024. People will be required to use My Number cards instead.”
Source - “The new pass will guarantee the allocation of fuel quota on weekly basis. A QR code will be given for each National Identity Card number (NIC), once the vehicle identification number and other details are verified.”
Source - “According to a report from 9News Queensland, the department has ruled that unvaccinated teachers who have been allowed to return to their employment this term after being placed on leave without pay, will cop yet another financial blow, with a ‘reduction in remuneration’ for a period of 18 weeks.”
Source - “The trial, which is voluntary, will use facial recognition to identify people and how many tickets they have. The technology could be extended to cover automated purchases at concession stands, restaurants and bars.”
Source - “As part of plans recently announced by the Government, Uganda will begin harvesting DNA and biometric data from its citizens when their cards expire in 2024 to be used in its redesigned digital identity programme.”
Source
This is just the tip of the iceberg, and it’s global. As we saw with the lockdowns, China is the model emulated in the west. Like the creep towards health-related authoritarian measures, unelected globalists with financial interests lurk in the background.
I’d love to be wrong about all this. However, until there is evidence, we need to be suspicious of anyone perpetuating this dangerous path, regardless of their motivations.
For a deeper dive into this topic, I highly recommend this essay by Fabio Vighi about Long Covid Monetary Policy. Edward Dowd has also spoken extensively about the relationship between the monetary system and Covid, including at this eye-opening presentation. Next, the excellent Maajid Nawaz has covered the drivers behind CBDC. Others, such as Marty Bent, Saifedean Ammous, and Allen Farrington have been ahead of the curve in identifying these risks. I share their assessment in realising that Bitcoin likely solves this.
If you have yet to notice, a primary theme of the last three-plus years (at least) is ‘freedom vs. control’, so it’s not hyperbole to suggest that the future must be decentralised if we want to ensure our children grow up in a free world.
Joshua Stylman is a tech entrepreneur and investor who co-founded and ran Threes Brewing, a popular New York brewery until March 2022, when he resigned for reasons related to his public opposition to the New York City vaccine mandates. Find him on Twitter and on Substack, where this post first appeared.
To join in with the discussion please make a donation to The Daily Sceptic.
Profanity and abuse will be removed and may lead to a permanent ban.
“I’d love to be wrong about all this”. You’re not. Pretty sure everyone on here has been well aware for a long time that this is where we’re heading. The evidence is now insurmountable. The funny thing is that when digital identification, alongside a biosecurity social credit system backed by CBDC, is introduced, the majority of the moronic public will still think the ones that have been shouting from the rooftops about this just got lucky. Even worse, they’ll actually accept it as a good thing. To overturn what’s hurtling towards us could never really be achieved just by fighting the elites, it was/is always about fighting the robotic members of the public who are so respectful of authority they’ll do anything in the name of “the greater good”.
That is exactly what will happen.
It happened with lockdowns, masks, jabs and vaccine passports. From impossible to a great thing in just a few months.
I don’t share their assessment that Bitcoin is the solution. I see Bitcoin and other cryptocurrencies as a trap. When people find themselves facing large losses from their holdings of cryptocurrencies, the central banks will offer to replace their holdings with Central Bank Digital Currencies. I urge people to use cash as much as possible.
I agree, gold and silver too. I noticed that out of 4 cashpoint machines in my local town, 3 were out of service. I can imagine that they want to restrict access to cash already and would be interested to know if other people are experiencing the same.
Yes, in my part of town all the bank branches have closed. Two cashpoints remain in garages. On one occasion both were out of service at the same time. I feel we’re being nudged away from cash. Time to push back.
Though much of this excellent piece is familiar dark territory trodden by us extensively over at least the past two plus years, it’s heartening to see DS posting it.
I wonder how much the editorial board, through extensive research in order to post relevant sceptical articles, have become steadily red pilled to the conspiracy of the technocrats against our freedoms.
Perhaps Toby has been too busy to notice the move towards team Delingpole at work on his creation?
Every crisis has been used to push global financial surveillance.
They used 9/11 to ramp up surveillance with the excuse of protecting us against terrorism.
They used the GFC with the excuse of protecting us against money laundering and fraud.
COVID was used to push people away from cash towards digital payments.
And climate policy shortages will be used to ensure the “fair” allocation of resources.
But now the techno fascists are really going for it. The corona crisis has demonstrated to them that people will put up with anything. Literally anything. And that governments have all fallen into line are fully on the side of the global technocrats. None of them dare stand up for their people.
So now it’s just a question of working through the technical obstacles. Getting the system to work. The path is wide open.
Bitcoin likely solves this? You share that view and also you’ve lived in NY until recently and also say ‘I’m well aware this must sound insane’.
Well many people here have been warning of this for a couple of years, would have got out of NY pronto in 2020 and realise that Bitcoin is most likely run by the same predator class as every other financial scam imposition.
Evil exists, we all know it and avoid it (as much as we can) but is evil succeeding since it’s masquerading as good intentions? (which in itself fools even the most sincere and kind individuals). Or is evil becoming even bolder with more and more selling out as if some end is near and the corruption so profound?
Nothing is what it seems anymore, no one is ever held accountable (I turn 50 this year and granted one becomes more cynical the older one gets – with good reason if you ask me) but the world is in such a bad place and our perception of that world is so twisted I’ve genuinely never felt more afraid as I do now. Thankfully I take great comfort from those around me and from my faith in God but one can’t help but feel a storm is coming.
I do not fear death but I fear what I might become when the situation becomes dyer. Sorry, not a particularly encouraging message but I guess let’s be thankful for what we have, not for what we haven’t – and fight with our last breath for the very things we hold so dear.
*dire
An honest, supportive post. Thanks.
Appreciate the backing. It’s not that I’m naïve to struggle, I’m a paraplegic of 30+ years so can cope with adversity and have naturally learnt to adapt. But something is changing, in a big way for the powers that be to soldier on regardless – I just hope I come out the other side with my dignity. Thanks again huxley.
👍
Totally agree. I’m a similar age. And Christianity has become a more important part of my life than I ever could have imagined. I’ve been doing what I can to prepare and it’s my kids I worry about as well as all the other innocent young ones who are potentially entering a very dark world.
I hope to give them the means to opt out and prepare them for what’s coming, to varying degrees of success. They are alert if not fully awake but as the things I keep warning about keep coming true, they are noticing, Dad might not be as crazy as we thought.
I still think they will fail eventually. The biggest problem they have in my view is that once the financial collapse that they are helping to bring on commences, it ushers in chaos that they no longer will be able to fully control. That’s when things can go very badly for them indeed. Best laid plans and all. That’s basically the game plan according to the big Book after all, if it’s that playbook we are on now rather than later.
The Financial collapse that is on its way will have to be sudden and relatively compressed. I cannot see financial collapse in one country not having a knock-on effect on others. At that point, and certainly as chaos takes over, as it surely will, TPTB will NOT be in control and anything could happen.
This will be the brutal stage and then God knows.
But surely you felt that the church failed you, along with many other believers, in favour of a new faith – Covid? I’m genuinely curious how a red-pilled Christian views the modern direction of the church e.g. why did the church replace their faith in God with faith in pharma? The churches support of all things woke etc. I’m not a religious man, but I was astounded by the churches response to a perceived viral threat.
I found a renewal of faith without the church. Yes the churches for the most office were and are not very inspiring and the top of the hierarchy is totally woke and hopeless.
But there are some great YouTube sermons. The Seventh Day Adventists are on to all of this totalitarianism. Arch Bishop Vigano and the priests from the Irreverand podcast are great.
Of course just the bible on its own …
Yeah, I’d best not write too much in opposition to the church (C of E) but I’ve also lost faith, pardon the pun, in their direction – a part of me feels they want to speak on certain things but haven’t the guts. How that sits with honesty, integrity and exposing evil where it resides I’ve no idea. I’m a product of growing up within the church with a devout pair of parents heavily invested in the daily machinations, I was a choirboy in St.Albans Cathedral and have many an amazing memory singing to the masses but much of what I learnt back then now has little function in today’s world of excepting everything.
As with most of our institutions they’ve been captured, it would appear they’ve not been exempted from the threat from within.
I’m aware of Archbishop Vigano but will endeavour to check out the Seventh Day Adventists. Thanks for the tip – sounds interesting.
P.S: It would seem a simple search of The Seventh Day Adventists with ‘Be Evil – don’t be evil’ Goog & Youtube.. one receives a host of countering slop of how misguided they are – I guess I’m on the right track!!!
Sorry for the late reply but I don’t get alerts.
Check out Sermons Room in particular the videos of Walter Veith
There are a lot: https://youtu.be/1OSCmzryjZk
Yes they are highly criticised.
They are. By their actual bosses. Constantly and very quickly.
Look at how quickly Truss was held to account. Sunak? Within days. He wanted to miss COP27 and quickly got told to attend.
They’re so terrified of their real bosses that they are prepared to do anything. Look at how Trudeau delt with his trucker problem. They all know what to do to keep their jobs.
Civil unrest to protest against the agenda? Crushed mercilessly.
Civil unrest pro agenda, e.g. BLM, Extinction Rebellion? No problem.
Not a single politician has lost his job for following the global agenda. But look at what awaits those that don’t, e.g. Bolsonaro.
Remember they don’t work for us. When they try it ends badly for them.
And look at the pushback in
Brazil. Some cool Twitter footage here re the rigged election.
https://www.thegatewaypundit.com/2022/11/done-3-million-brazilians-protest-election-fraud-bolsonaro-annul-steal/
Lots of depressed sounding folks below. For all the situation seems grim, I feel sure ‘The Human Spirit’ will prevail. Courage Mes Braves! Vive La Resistance!
Don’t forget smart meters, there is no doubt these will be highly instrumental in the regime to come. The friendly language used to persuade you to have them reminded me of the pointy thing. The last letter from them turned slightly threatening: “your meter has reached the end of its life, it is a legal requirement to have it replaced, book an appointment now”. Although not stated in so many words, the implication was clear: smart meter is the only choice. They did not send me the usual email asking me for readings this month. I sent them anyway, but I suspect had I not done so, they would have used this to their advantage, and sent a hugely overestimated bill, with “you should have got a smart meter”.
Stand firm.
Exactly.
But I’m proud to say I and other critical thinkers were aware of this 2.5 years ago.
Sadly we have to pay the price, on this earth at least, intentionally caused by the RPTB.
After all that has happened, and all the vitally important information the DS has published, this piece is likely the most important.
Please share it widely.
Resistance brothers and sisters.
I can see this making Bitcoin more attractive.
This article summarises the problem very clearly and succinctly. With the advance of digital currencies, we are inescapably heading towards dystopia, which is obvious to us but perhaps not to John and Janet over the road. I suspect we’ll find a lot of people are capable of understanding this, but they probably don’t read the Daily Sceptic so aren’t aware of or don’t fully grasp the events of the past few years.
What I intend to do, and what I would strongly recommend other readers do, is print this article off and distribute it through neighbours’ letterboxes. It’s no good hiding in a corner of the internet, this information needs to be widely read.
The only thing I, like others, would remove or alter is the bit about Bitcoin. Being a shameless Luddite, I don’t fully understand it but, at the end of the day, it is still a digital currency and therefore susceptible to all the flaws and potential abuses of a CBDC. Physical cash needs to continue in some form, and its acceptance be mandated, for us to enjoy real freedom.
In my ideal world, I would have none of the dehumanised substitutes for social interaction which digitalisation has made the norm. I would love more than anything to sever myself from the constant bombardment of fearmongering and idiocy that masquerades as informed opinion, and I loathe the thought of being turned into a pasty-faced weakling dependent on a piece of overpriced, pointless plastic tat made from the exploitation of Third World workers. I don’t think Bitcoin is my salvation.
Support The Global Walkout.
https://globalwalkout.com/about-the-global-walkout/
Even if you can’t follow all the steps (I can’t) every little helps.