G20 Announces Plan for Digital ID and Digital Currencies
Sep 11, 2023 20:31:57 #
I hate to keep repeating myself, but I will say it again because I’m afraid it is not sinking in for the vast majority of Americans and you on OPP:
Digital ID + CBDC = Total control/tracking of all human activity
Once these two totalitarian tools are in place there will be no turning back. The beast system will be hovering over us 24/7, watching everywhere we go, everything we buy, what we are eating, who we are choosing to connect with, and whether we’ve submitted to the latest injection that promises to protect the herd.
The Group of 20 (G20), which includes the world’s leading economies, has agreed to build the infrastructure for digital currencies and digital identification, despite criticism that it will lead to more government control over people’s lives.
Discussions are also underway on a global framework to regulate crypto assets, India’s finance minister confirmed earlier, adding that cryptocurrencies could not be regulated efficiently without the cooperation of all countries.
“India’s (G20) presidency has put on the table key issues related to regulating or understanding that there should be a framework for handling issues related to crypto assets,” Nirmala Sitharaman said ahead of the G20 gathering.
Under India’s Presidency, the G20 reached a consensus in New Delhi, the capital, where they adopted a final declaration over the weekend.
The critical issues discussed at the meeting were “building Digital Public Infrastructure, Digital Economy, Cryptoassets, [Central Bank Digital Currencies]”, among others.
Critics, including experts, fear this programmable system could lead to governments eventually deciding on what people can spend their money and how much.
Plans also cold for more policing of cryptocurrencies, which operate outside central banks.
Yet the World Bank, in a report prepared for the G20 summit, praised India’s use of Digital Public Infrastructure to “enhance financial inclusion” and delivery of public goods and services.
“The India Stack exemplifies this approach, combining digital ID, interoperable payments, a digital credentials ledger, and account aggregation. In just six years, it has achieved a remarkable 80% financial inclusion rate-a feat that would have taken nearly five decades without a DPI approach,” said the foreword to the report.
The foreword was written by Queen Maxima of the Netherlands, who has come under fire over her role in rolling out the plan.
Máxima, the United Nations Secretary-General’s Special Advocate for Inclusive Finance for Development (UNSGSA), was a keynote speaker at the annual IMF.
“If designed properly, CBDCs could hold great promise to support a digital financial system that works for everyone. But that is an important ‘if’”, Queen Maxima said last year.
“If designed and implemented with inclusion in mind, CBDCs could offer many options to expand access to the unbanked and to serve the vulnerable and the poor,” she explained.
However, “Maxima openly advocates for programmable money; power in central banks, without parliamentary accountability,” argued leading Dutch financial journalist Arno Wellens.
Yet she is “an unelected official who is outside politics under [Dutch] constitutional law,” he wrote on the social networking site X, previously known as Twitter. “This is a serious attack on democracy,” added Wellens, reflecting a broader debate in the Netherlands on government control and digitalization.
However, with the G20 moving forward, it remained unlikely Sunday that the trend towards a more digital economy would be halted.
Digital ID + CBDC = Total control/tracking of all human activity
Once these two totalitarian tools are in place there will be no turning back. The beast system will be hovering over us 24/7, watching everywhere we go, everything we buy, what we are eating, who we are choosing to connect with, and whether we’ve submitted to the latest injection that promises to protect the herd.
The Group of 20 (G20), which includes the world’s leading economies, has agreed to build the infrastructure for digital currencies and digital identification, despite criticism that it will lead to more government control over people’s lives.
Discussions are also underway on a global framework to regulate crypto assets, India’s finance minister confirmed earlier, adding that cryptocurrencies could not be regulated efficiently without the cooperation of all countries.
“India’s (G20) presidency has put on the table key issues related to regulating or understanding that there should be a framework for handling issues related to crypto assets,” Nirmala Sitharaman said ahead of the G20 gathering.
Under India’s Presidency, the G20 reached a consensus in New Delhi, the capital, where they adopted a final declaration over the weekend.
The critical issues discussed at the meeting were “building Digital Public Infrastructure, Digital Economy, Cryptoassets, [Central Bank Digital Currencies]”, among others.
Critics, including experts, fear this programmable system could lead to governments eventually deciding on what people can spend their money and how much.
Plans also cold for more policing of cryptocurrencies, which operate outside central banks.
Yet the World Bank, in a report prepared for the G20 summit, praised India’s use of Digital Public Infrastructure to “enhance financial inclusion” and delivery of public goods and services.
“The India Stack exemplifies this approach, combining digital ID, interoperable payments, a digital credentials ledger, and account aggregation. In just six years, it has achieved a remarkable 80% financial inclusion rate-a feat that would have taken nearly five decades without a DPI approach,” said the foreword to the report.
The foreword was written by Queen Maxima of the Netherlands, who has come under fire over her role in rolling out the plan.
Máxima, the United Nations Secretary-General’s Special Advocate for Inclusive Finance for Development (UNSGSA), was a keynote speaker at the annual IMF.
“If designed properly, CBDCs could hold great promise to support a digital financial system that works for everyone. But that is an important ‘if’”, Queen Maxima said last year.
“If designed and implemented with inclusion in mind, CBDCs could offer many options to expand access to the unbanked and to serve the vulnerable and the poor,” she explained.
However, “Maxima openly advocates for programmable money; power in central banks, without parliamentary accountability,” argued leading Dutch financial journalist Arno Wellens.
Yet she is “an unelected official who is outside politics under [Dutch] constitutional law,” he wrote on the social networking site X, previously known as Twitter. “This is a serious attack on democracy,” added Wellens, reflecting a broader debate in the Netherlands on government control and digitalization.
However, with the G20 moving forward, it remained unlikely Sunday that the trend towards a more digital economy would be halted.
Sep 11, 2023 21:22:19 #
Parky60 wrote:
I hate to keep repeating myself, but I will say it... (show quote)
I hear you.
https://youtu.be/jL9iTxLcUZ4?si=53no89GhYiMqG9I9
Sep 11, 2023 21:30:07 #
LogicallyRight
Loc: Chicago
Parky60 wrote:
I hate to keep repeating myself, but I will say it... (show quote)
When that happens, if it happens, it surely will be time to shoot the bastards and start over. The biggest bastards are the ones at the top. All fair game for the preservation of our freedom.
Sep 11, 2023 23:06:14 #
LogicallyRight wrote:
When that happens, if it happens, it surely will be time to shoot the bastards and start over. The biggest bastards are the ones at the top. All fair game for the preservation of our freedom.
Biden’s administration would rather Reign In Hell than serve in heaven.
Sep 11, 2023 23:10:16 #
[quote=Parky60]I hate to keep repeating myself, but I will say it again because I’m afraid it is not sinking in for the vast majority of Americans and you on OPP:
Digital ID + CBDC = Total control/tracking of all human activity
Revelation 13:16-18
16 And he causeth all, both small and great, rich and poor, free and bond, to receive [1] a mark in their right hand, or in their foreheads: 17 And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name.
Digital ID + CBDC = Total control/tracking of all human activity
Revelation 13:16-18
16 And he causeth all, both small and great, rich and poor, free and bond, to receive [1] a mark in their right hand, or in their foreheads: 17 And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name.
Sep 11, 2023 23:23:31 #
DotsMan wrote:
Revelation 13:16-17
16 And he causeth all, both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads: 17 And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name.
16 And he causeth all, both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads: 17 And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name.
And I'll repeat...
Digital ID + CBDC = Total control/tracking of all human activity
Good to see that some like you, Weasel and others are paying attention.
Sep 12, 2023 00:53:47 #
Parky60 wrote:
And I'll repeat...
Digital ID + CBDC = Total control/tracking of all human activity
Good to see that some like you, Weasel and others are paying attention.
Digital ID + CBDC = Total control/tracking of all human activity
Good to see that some like you, Weasel and others are paying attention.
Sep 12, 2023 10:11:55 #
Parky60 wrote:
I hate to keep repeating myself, but I will say it... (show quote)
================
Once and for all when this happens, we have lost complete freedom. The God given gifts of freedom has been hijacked by the power greed of the Totalitarian tyrants.
Biden wants to do that so he could track down every movement of money. Every time money moves there's the tax impost.
I wonder, where he kept his loot. I know, most of them were perhaps invested in hard assets like real estate mansions and acres of land.
Biden and family are thieves!
https://nypost.com/2023/05/10/nine-biden-family-members-who-allegedly-got-foreign-money-identified-by-house-gop/
Sep 12, 2023 13:25:10 #
Parky60 wrote:
I hate to keep repeating myself, but I will say it... (show quote)
The economy will shift to the black market and bartering.
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