In a press release earlier this week, the Bank for International Settlements (BIS) announced that it was throwing its weight behind central digital currencies (CBDCs), publishing a blueprint of a future monetary system “underpinned” by this type of money.
And the BIS also heaped praise on the concept of programmable money.
The announcement of the blueprint that’s supposed to represent the foundation of the world’s new financial and monetary system came just a day after reports that the BIS and the Bank of England had completed a CBCD project.
The project – dubbed “Rosalind” – is described as a joint experiment by the BIS Innovation Hub London Center and the Bank of England, that produced 33 API functionalities and looked into over 30 retail CBDC use cases.
And those behind the “experiment” said they were satisfied that it proved an API layer could work “with different private sector applications and central bank ledger designs” – and what’s now needed is standardization of API functionalities to support many use cases.
As for the newly-published BIS blueprint, it came as a special chapter in the organization’s annual economic report, purporting that it was opening the door to “a new era” where the monetary system and the economy would develop together.
Programmable central bank money seems to be taken as the key to make this happen, by creating a single platform for transactions and contracts, thanks to putting together tokenized commercial bank money and assets “on a single platform.”
The BIS will not tell you that this could be seen as yet another move towards dangerous levels of global centralization, but rather explains its ideas as a game-changing new financial infrastructure that would offer a range of benefits.
And in this land of financial rainbows, butterflies, and unicorns, not only will things get done faster and cheaper – but new kinds of transactions will be possible, with the only limit being “the ingenuity of public and private innovators.”
But before we get there, we must accept that tokenization in this context isn’t really any good without access to central bank money, and all the “trust” that comes with it.
The proposal is to turn to what’s referred to as a unified ledger – and it could, the BIS said, “capture the full benefits of tokenization by combining central bank money, tokenized deposits and tokenized assets on a programmable platform.”
Article cross-posted from Reclaim The Net.
Controlling Protein Is One of the Globalists’ Primary Goals
Between the globalists, corporate interests, and our own government, the food supply is being targeted from multiple angles. It isn’t just silly regulations and misguided subsidies driving natural foods away. Bird flu, sabotaged food processing plants, mysterious deaths of entire cattle herds, arson attacks, and an incessant push to make climate change the primary consideration for all things are combining for a perfect storm to exacerbate the ongoing food crisis.
The primary target is protein. Specifically, they’re going after beef as the environmental boogeyman. They want us eating vegetable-based proteins, lab-grown meat, or even bugs instead of anything that walked the pastures of America. This is why we launched a long-term storage prepper beef company that provides high-quality food that’s shelf-stable for up to 25-years.
At Prepper All-Naturals, we believe Americans should be eating real food today and into the future regardless of what the powers-that-be demand of us. We will never use lab-grown beef. We will never allow our cattle to be injected with mRNA vaccines. We will never bow to the draconian diktats of the climate change cult.
Visit Prepper All-Naturals and use promo code “veterans25” to get 25% off plus free shipping on Ribeye, NY Strip, Tenderloin, and other high-quality cuts of beef. It’s cooked sous vide, then freeze dried and packaged with no other ingredients, just beef. Stock up for the long haul today.
Bypass Big Tech Censors
- See all the latest videos on conservative politics, culture, and faith, plus articles patriots need to read at Discern.tv.