Category: Digital Currencies

Posted on

New York Fed Announces Test of Digital Dollar with Major Banks – WashingtonExaminer 11/15/22

Source: WashingtonExaminer.com

The Federal Reserve Bank of New York and major banks will launch a three-month test of a digital dollar in hopes of studying its feasibility.

The initiative was announced by the regional Federal Reserve bank and nearly a dozen financial institutions on Tuesday. A news release referred to the experiment as a “proof-of-concept project” in which the banks will work with the Fed’s New York Innovation Center to simulate digital money representing the deposits of their own customers and settle them through simulated Fed reserves on a distributed ledger….

Read More…

Posted on

Legal Definitions of Money and Credit – AlasdairMacleod 11/10/22

Source: GoldMoney.com

At these times of growing confusion over the future of currencies’ purchasing power, it is time to remove all doubt in the definitions of the differences between money, currency, and credit. This article traces the history and legal background to these relationships.

Despite the failure of the Bretton Woods agreement in 1971 and the state propaganda that followed, the position is clear. Both historically and legally money is and remains metallic coin — principally gold — and the rest is credit. 

Continue reading “Legal Definitions of Money and Credit – AlasdairMacleod 11/10/22”

Posted on

At Least $1 Billion of Customer Funds Missing from Collapsed Crypto Exchange FTX, CEO 2nd Biggest Donor to Democrats – Cryptogon 11/13/22

Source: Cryptogon.com

CEO of cratering crypto firm FTX is Dems’ second largest donor, behind Soros:

Sam Bankman-Fried, the CEO of crypto exchange company FTX, and the second biggest donor to the Democrat party, is in hot water as his company is in financial freefall with over $1 billion missing.

According to Fortune, “30-year-old Bankman-Fried has been a major force in Democratic politics, ranking as the party’s second-biggest individual donor in the 2021–2022 election cycle.”

Continue reading “At Least $1 Billion of Customer Funds Missing from Collapsed Crypto Exchange FTX, CEO 2nd Biggest Donor to Democrats – Cryptogon 11/13/22”

Posted on

The Digital Dollar Will Not Be Anonymous, Federal Reserve Chair Jerome Powell Says – ReclaimTheNet 9/27/22

Source: ReclaimTheNet.org

Despite privacy being one of the main concerns citizens have about central bank digital currencies (CBDCs), the heads of the United States (US) Federal Reserve and European Central Bank (ECB) have confirmed that their respective CBDCs will not be anonymous.

Continue reading “The Digital Dollar Will Not Be Anonymous, Federal Reserve Chair Jerome Powell Says – ReclaimTheNet 9/27/22”

Posted on

Ethereum Becomes WEF Coin, and a Global CBDC is Born – TheDossier 9/15/22

Source: dossier.substack.com

Marketed as a climate friendly alternative, a major digital asset becomes the frontrunner for a global central bank digital currency.

The people in charge of the Ethereum token, a popular digital asset previously marketed as a decentralized money, decided last night to finalize its transition into what amounts to WEF (World Economic Forum) coin, securing the network’s path on the road to state capture, and perhaps, the birth of the ruling class’s 1.0 version of a global Central Bank Digital Currency.

Continue reading “Ethereum Becomes WEF Coin, and a Global CBDC is Born – TheDossier 9/15/22”

Posted on

Australia’s Central Bank Working With BIS To Launch Digital Currency System – ZeroHedge 8/9/22

Source: Zerohedge.com

Australia’s Reserve Bank is launching a pilot program over the course of the next year in collaboration with the Bank for International Settlements (the central bank of central banks) to test the “benefits” of a blockchain ledger based digital currency system.  The central bank is added to a long list of participants in BIS efforts to introduce CBDCs (central bank digital currencies) with the target goal of launching them globally by 2025-2030.

Continue reading “Australia’s Central Bank Working With BIS To Launch Digital Currency System – ZeroHedge 8/9/22”

Posted on

Central Bank Digital Currencies Are the Ultimate Tool of Financial Oppression – BrandonSmith 7/6/22

Source: BirchGold.com

Currencies are the lifeblood of a nation’s trade and its economy. When a currency fails, the entire economy collapses.

Even so, most people rarely think about the health or buying power of the money in their pockets. They watch their bank balance, their brokerage or IRA balance and are aware of their home’s value. They see those numbers change, but they never reflect on the value of the currency itself.

Continue reading “Central Bank Digital Currencies Are the Ultimate Tool of Financial Oppression – BrandonSmith 7/6/22”

Posted on

Globalists Convene to Plan Central Bank Digital Currencies – Stefan Gleason 5/24/22

Source: MoneyMetals.com

Central bankers and bureaucrats are seizing on recent turmoil in cryptocurrency markets to push aggressively for central bank digital currencies (CBDCs).

They made their case to other global elites gathered in Davos on Monday for the World Economic Forum’s annual meeting.

Continue reading “Globalists Convene to Plan Central Bank Digital Currencies – Stefan Gleason 5/24/22”

Posted on

Economic World War: Who Benefits? (And How Much Time Is Left?) – BrandonSmith 5/4/22

Source: BirchGold.com

I have been warning about an inevitable East vs. West economic war for many years now. The question was never a matter of likelihood, it was always just a matter of timing. When would the most convenient time be for World War III?

The issue of “convenience” might sound odd, but I want readers to remember one rule: All wars are banker wars.

Continue reading “Economic World War: Who Benefits? (And How Much Time Is Left?) – BrandonSmith 5/4/22”

Posted on

Canada’s New Budget Includes Regulating Crowdfunding After Freedom Convoy Support – ReclaimTheNet 4/9/22

Source: ReclaimTheNet.org

Canada’s new budget announced On April 8 includes restrictions on crowdfunding platforms and an investigation into cryptocurrency. The two provisions are some of the sanctions the government imposed under the Emergencies Act to stop the Freedom Convoy Protest.

Continue reading “Canada’s New Budget Includes Regulating Crowdfunding After Freedom Convoy Support – ReclaimTheNet 4/9/22”

Posted on

The Ukraine Conflict Is Just a Sideshow, and We Are the Real Targets – BrandonSmith 4/6/22

Source: BirchGold.com

From Brandon Smith
Way back in 2014 I wrote an article titled False East/West Paradigm Hides the Rise of Global Currency. I was inspired to cover the issue due to three specific trends which at the time were concerning.

The first trend was the increased mention within globalist circles of something called the “Great Reset.” Christine Lagarde who, as the head of the IMF at the time, was suddenly throwing the phrase around in press interviews and in Q&A events at the World Economic Forum. This appeared to me to be a rebranding of the “New World Order” agenda which establishment elites had been known to mutter about in moments of rare honesty. It indicated a concerted push towards global centralization in the face of economic and social decline within nations.

Continue reading “The Ukraine Conflict Is Just a Sideshow, and We Are the Real Targets – BrandonSmith 4/6/22”

Posted on

Uncovering the Corona Narrative – RobertMalone 3/25/22

Source: rwmalonemd.substack.com

Ernst Wolffs’ answer to the big questions that have plagued all of us.

Many who have followed this coronavirus “public health crisis” and the non-sensical response provided by most of the western nations (including the USA) have been perplexed by two big questions – how was this done (in such a globally coordinated fashion), and why was it done?

Continue reading “Uncovering the Corona Narrative – RobertMalone 3/25/22”

Posted on

A Paradigm Shift in Global Finance, Gold, Silver, Uranium, and Grains Is Now Underway – ActivistPost 3/21/22

Source: ActivistPost.com

The biggest financial paradigm shift in our lives is underway, and there’s no turning back. No one knows exactly what it’s going to look like going forward nor how we’ll be able to get there.

Continue reading “A Paradigm Shift in Global Finance, Gold, Silver, Uranium, and Grains Is Now Underway – ActivistPost 3/21/22”