How to Survive CBDCs?
By Nomad Capitalist
Here’s what others had to say:
The WEF committees was discussing CBDCs 5 years. They were saying that it will happen, you will have no choice. This is where hidden totalitarianism within our governments actually emerges out into the open.
I still blame the FEDs for this, because in the end they benefit by either buying off the failed banks cheaper or something. The fed can print credit as long as someone will borrow it into existence, but they cannot print product (or production).
“Show me a western country that’s not Broke”. Awesome quote!
Slovakia recently added a right to make cash payments to its constitution.
There is a simple solution. Don’t consent, don’t comply. They only get power when YOU give it to them or consent. If you do consent, then you fully deserve the consequences and are actually a part of the problem.
The temptation for avarice, corruption, and tyranny, will be absolutely overwhelming.
Programmable money a government can cut off at any time based on what you say online, your political views, and whatever else the government doesn’t like you doing.
CBDC is basically the Patriot Act 2.0.
Andrew, this was one of my favorite episodes that you’ve done. I’ve been a subscriber for a long time and seen most of your shows. I’m not a 7 figure individual, however I’ve traveled the world since 1993, seen a lot of cultures… I agree with you %100 on all your views. Ignorance of the world by American people is our worst enemy.
One aspect I constantly see people miss, is that they will pay the military and police in CBDC’s. Once that happens, the gov’t no longer has to care whether you like what’s going on or not. In fact, if you’re enough of a problem, the nice officer will gladly help you “dissappear” once they threaten to shut off his CBDC’s if he doesn’t do what they want. They will, of course, had made it socially acceptable via their control of media at that point so, being the mindless state attack dog that he/she is, will gladly do their “duty” to “keep democracy safe”.
It’s not the countries that make the currency, it’s the central banks owned by private entities that create the currency. The fact is, the “Federal Reserve Bank” is not “Federal” at all.
A US dual-citizen living in the Caribbean and the hell I faced to open a bank account here was insane! I got it done thank goodness but the US is watching these off shore bank accounts like a hawk. I’m not a millionaire… yet!
When the Privat school started putting things up the nose on my healthy daughter spring 2021. We all moved away from Denmark to Bulgaria.
70% of all trade is in cash here in Bulgaria BUT it is still part off corrupt EU Unfortunately
Bulgaria will probably be the last country for CBDC
And my second back up plan is El Salvador ( Bitcoin land ) I have also heard that Malaysia is looking into bitcoin.
It’s not conspiratorial. Just look at how the SNAP program in the USA works. They literally control what items a person can and cannot purchase with SNAP dollars.
Reminds me of a story a friend told me about how he visited towns in China that are owned by Chinese billionaires. They create jobs in their towns, build shopping centres and homes, so people are working for and paying rent and all their expenses to the same person. It removes all freedom from the person working there because their wages and expenses are all controlled by the person who owns that town, as they are going to do everything they can to keep a person working in their town as long as possible. Essentially centralisation on a smaller scale.