Tag: buying and selling

Fund Freezing Feature In Central Bank Digital Currency (CBDC)

The Cryptonews.com reported on July 17, 2023 that “A blockchain developer has found a code in Brazilian central bank-backed digital currency (CBDC) that would allow the government to freeze accounts or even drain them at will.” It further stated that “the central bank’s official response is that they can do this at any time … Magalhaes said that Brazilian people have a valid reason to be scared given the country’s history. President Fernando Collor de Mello in 1990 froze the finances of all Brazilians for over a year just two weeks after he was elected. Several other privacy advocates have warned against CBDCs as they would grant government an unprecedented control on people’s finances. Many are afraid that there’s a high possibility that governments will use CBDCs as a mass surveillance tool to control people.”

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UK Prepares to Introduce a ‘Digital Pound’ Central Bank Digital Currency – Cashless Society

The de facto head of His Majesty’s Treasury announced this week that the Bank of England has begun consultations on implementing a Central Bank Digital Currency (CBDC) that could usher in the globalist vision of a cashless society in which all transactions are traceable by the government… Hunt, an anti-Brexit, pro-China figure resurrected from the David Cameron era, said in a written statement to Parliament that the government will begin “bringing forward a consultation in the coming weeks to explore the case for a central bank digital currency – a sovereign digital pound – and consult on a potential design. “The Bank of England will also release a Technology Working Paper setting out cutting-edge technology considerations informing the potential build of a digital pound,” he added. In contrast to Bitcoin, which functions on a decentralised basis in which no single person can control its functions, ownership, or value, a CBDC would be similar to traditional fiat currency issued by a central bank, such as the Bank of England, and therefore could suffer from the same inflation issues if the central bank decided to issue more of it — like printing cash. Should a CBDC replace hard currency altogether, the government would be able to track every purchase or transaction made by the public.” – Source.

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You Cannot Buy or Sell in California!

“Los Angeles homeowners who violate the city’s coronavirus-related safety measures may find themselves on the receiving end of some unwelcome consequences. During a press conference Wednesday night, Mayor Eric Garcetti authorized the city to shut off power and water to properties, including houses and businesses, that are in violation of gathering regulations as a means to “shut these places down permanently.” –Source

This is being done to make it easy to prevent buying and selling without complete compliance. Today if you refuse to do as they demand they can now make it illegal for you to buy the utilities the local municipalities control, and for those with businesses, this means they cannot sell their products without said compliance. That’s exactly what we all know will happen when they enforce the mark. That’s the only reason for the planned-demic. And since we know you cannot enforce the mark while people still have access to cash. The coins and cash are already being removed as we speak with the silly claim that you can spread diseases with cash even though that has never happened before in the history of mankind. But since most go to government funded schools, they have all been dumbed down to be unable to see this.

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Posted on by Gospel Order 0