Who's Online
Guest Users: 1173

Stats
3752 Pages Viewed
573 Unique Visits
What's New
Stories  last 2 weeks
My Account
Please Support Us With A Purchase






  • Home
  • Currency/Digital Currency/Money

It Begins! IMF Releases Digital Currency Handbook for World's Central Banks

Central bank digital currencies can push the world away from depending on the U.S. dollar, the organization said.


 

TheEpochTimes.com

The International Monetary Fund (IMF) released a handbook for global central banks regarding the development and implementation of central bank digital currencies (CBDCs).

The IMF’s “Central Bank Digital Currency Virtual Handbook” published last week pointed out that the increased use of CBDCs can “reduce dollarization” of the global economy—a situation where countries move away from relying on the U.S. dollar as a reserve currency. De-dollarization would push up borrowing costs in the United States, making loans expensive for businesses and individuals, thus affecting economic growth. Stock market values can also crash, reducing the savings and investments of Americans.

In addition to de-dollarization, a CBDC “could increase risks of flight to safety from retail bank deposits in periods of market stress.” During times of market volatility, customers withdraw their deposits and move it into safe assets to avoid losing money in scenarios like bank collapses.

Continue Reading

  • Currently 0.00/5
Rating: 0.00/5 (0 votes cast)

Bank to Phase Out Cash, Check & Phone Payments in 2024 and Move to Digital-Only Transactions


100PercentFedUp.com

Macquarie Bank, Australia’s fifth-largest bank, announced it will phase out cash, cheque and phone payments in 2024 as it transitions to digital-only transactions.

The bank told customers they’ll be unable to write or deposit cheques and withdrawal or deposit cash over the counter by November 2024.

“Between January 2024 and November 2024, we’ll be phasing out our cash and cheque services across all Macquarie banking and wealth management products, including pension and super accounts,” the bank told customers, according to news.com.au.

The outlet noted Macquarie Bank’s announcement sparked criticism as another move towards a cashless society.

Continue Reading

  • Currently 0.00/5
Rating: 0.00/5 (0 votes cast)

It Begins: Australia’s Fifth-Largest Bank Announces Digital-Only Transactions

Will Phase Out Cash, Cheque, and Phone Payments in All 80 Branches Starting Next Year


 

TheGatewayPundit.com

Australia’s fifth-largest bank, Macquarie Bank, has announced its transition to digital-only transactions. Starting from January 2024, the bank will begin phasing out all cash, cheque, and phone payment services in its 80 branches. By November 2024, all in-branch cash transactions will be completely discontinued.

“Between January 2024 and November 2024, we’ll be phasing out our cash and cheque services across all Macquarie banking and wealth management products, including pension and super accounts,” the bank said in a statement.

Continue Reading

  • Currently 0.00/5
Rating: 0.00/5 (0 votes cast)

Confirmed: Digital Currency Will Be Used to Control the Masses


Revolver.new

If ever there was a battle worth fighting, it’s the one over digital currency. Digital currency has become the most powerful tool on the planet, and here’s why: it offers a neat and tidy way for a few powerful tyrants to control the masses with just the flip of a switch. Say something controversial about a trans person on social media? Your social credit score could plummet, leading your bank to drop you, and suddenly you can’t buy groceries or pay bills.

Think that’s far-fetched? Think again. They’re already admitting that digital currency will be wielded as a weapon for mass control, and they’re not shy about letting you know. As a matter of fact, Christine Lagarde, the current president of the European Central Bank (ECB) revealed that digital currency will absolutely be used for control. And this very disturbing revelation happened all thanks to a prank.

Continue Reading

  • Currently 0.00/5
Rating: 0.00/5 (0 votes cast)

Worldcoin CEO: Global Digital Currency Tied To Global Digital ID Will Soon Be Required ‘Whether You Like It Or Not’


 

TheGatewayPundit.com

This is no longer talked about in futuristic terms; it’s a current reality that will soon be forced on all of humanity.

I’ve been saying for nearly three years now that the beast system is based on the world’s people accepting two technological components offered up by the Luciferian globalist elites: A globally recognized digital ID to replace the cards in your wallet and a globally recognized digital money to replace the cash in your wallet. The two together will comprise the foundation of the punitive global beast system.

In a hat tip to Slay News, we learned the following today:

Continue Reading

  • Currently 0.00/5
Rating: 0.00/5 (0 votes cast)

Video: Banking Insider Warns CBDC Will Be Implanted Chips

It truly appears the end times are approaching


The Bank for International Settlements recently published a report called, “Blueprint for the future monetary system: improving the old, enabling the new.”

This report proposes that a Central Bank Digital Currency will serve as the new reserve currency and calls for the digital confiscation of all physical property by assigning every real-world item its own unique digital token which will contain rules on how each item can and cannot be used so that each person can be controlled and conditioned directly by the central bank.

 
 

 
  • Currently 0.00/5
Rating: 0.00/5 (0 votes cast)

Video: This Is Why We Need to Talk About CBDC (Central Bank Digital Currency)


Central banks and governments, at a global scale, have prepared to implement CBDC (Central Bank Digital Currency) with important consequences for every aspect of freedom in our lives.

Though they will introduce it to the public gradually, its capacity for total control is immense.


It isn’t merely that the new dollar is digital, traceable and trackable. It’s based on blockchain technology, of course. It isn’t merely that small business will be hurt (yet again) or that private transactions will be eradicated. Nor will it be merely consequential for drug dealers, scammers, or illicit trades.

 

 

Continue Reading

  • Currently 0.00/5
Rating: 0.00/5 (0 votes cast)

Coming Soon! Programmable Money to Control How You Spend


IndependentSentinal.com

The Central Banks want to use negative interest rates (money that expires) along with the introduction of digital currency to control how you spend. The expiring money could go into cash accounts. But how long will cash be around once they wallow in this type of control? It’s digital and programmable, and they want to fool you by calling it “smart” money.

Get used to terms like programmable money, negative interest rates, smart money, expiring money, and digital currency. The globalists want to control how you spend in every way imaginable.

Continue Reading

  • Currently 0.00/5
Rating: 0.00/5 (0 votes cast)

Video: Worse Than Useless - Andreas M. Antonopoulos Explains Bitcoin

Bitcoin Explained By One of The Pioneers


Bitcoin explained by Andreas Antonopoulos.  Andreas articulates, with incredible clarity, the critical importance of privacy and how it intersects with money, technology, government and individuals.

 

 
 
 
  • Currently 0.00/5
Rating: 0.00/5 (0 votes cast)
US Debt Clock
Please Support Us With A Purchase






Please Make A One Time Donation
You can send a check
or money order to:
The KTAO Project
P.O. Box 1086
Crestone, CO 81131
or donate online:
Or Better Yet Become A Supporting Member
Important Web Sites




















Who's Online
Guest Users: 1173

Stats
3752 Pages Viewed
573 Unique Visits
What's New
Stories  last 2 weeks
My Account
Please Support Us With A Purchase