CBDC - Central Bank Digital Currencies

[gfp927z]

This article (last post) helps confirm what Catherine Fitts has said about Bitcoin --> the Ponzi scheme is nearing its end, and the early mega 'whale' holders have been exiting, with the new Bitcoin / crypto ETFs conveniently creating the demand to sell into. She said Stablecoins will be the basis for the all-digital money system being built, so Bitcoin is out.

The Stablecoins are the smokescreen to get CBDC in place. While CBDC is normally issued / controlled directly by the central bank, the Stablecoin version will be controlled by the banks who own the Fed (JP Morgan, Bank of America, etc). So the US will get its CBDC and social credit score prison, maneuvered into place under the guise of the 'privatized' Stablecoin system.

The other key aspect of the Stablecoin strategy is that they will be fully backed by US Treasuries, and can be disseminated all around the world. So once adopted commercially in other countries, this creates a huge demand for US Treasuries. So this is how steady demand for the US dollar can be maintained. Whether or not this works is questionable, but this is the hope. In the beginning phase, everyone from Visa, Mastercard, Walmart, General Motors, etc will issue their own version of the Stablecoin, and commercial credit will be extended around the globe via Stablecoins. Then at some point the Stablecoin market will be consolidated back into the big banks that own the Fed (JP Morgan, etc). So the Fed will effectively control the Stablecoin system via the small group of banks that own the Fed.

Like the Federal Reserve Act of 1913, the US Stablecoin / CBDC system is brought in using deception, consolidated over time, with the social credit score aspect being added to the mix, to effectively bring us to 1984 (Orwell). This is what we'll see domestically, but the big question is will this scheme actually be able to reverse global de-dollarization, and save the dollar system globally? Seems like a long shot. Catherine Fitts called the scheme extremely clever, so we'll see.



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