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If ever there was a battle worth fighting, it’s the one over digital currency. Digital currency has become the most powerful tool on the planet, and here’s why: it offers a neat and tidy way for a few powerful tyrants to control the masses with just the flip of a switch. Say something controversial about a trans person on social media? Your social credit score could plummet, leading your bank to drop you, and suddenly you can’t buy groceries or pay bills.
Think that’s far-fetched? Think again. They’re already admitting that digital currency will be wielded as a weapon for mass control, and they’re not shy about letting you know. As a matter of fact, Christine Lagarde, the current president of the European Central Bank (ECB) revealed that digital currency will absolutely be used for control. And this very disturbing revelation happened all thanks to a prank.
European Central Bank (ECB) President Christine Lagarde recently fell victim to a prank call in which she unwittingly revealed that Europe’s central bank digital currency (CBDC), the digital euro, will have a “limited amount of control.” In the video prank posted online last month, a prankster impersonating Ukraine President Volodymyr Zelensky had a conversation with Lagarde.
Here’s some “fast facts”on the prank call and digital currency push from Forkast:
- “We are considering whether for very small amounts, anything that is around €300 [or] €400, we could have a mechanism where there is zero control, but that could be dangerous,” said Lagarde, recalling a previous terrorist attack in France that was believed to be financed by rechargeable and anonymous credit cards.
- Late last month, the European Union introduced new cash payment limits of €7,000 (US$7,645). The cap is lower in some member states of the EU, such as €1,000 in France and Italy. The region also imposes restrictions on anonymous crypto asset transfers over €1,000.
- Lagarde also said in the video that the decision on the digital euro is expected to be made this coming October.
- The prank call and its resulting revelations come amid a larger discussion about CBDCs and the role they may play in the future of global finance. While some see CBDCs as a way to modernize and streamline financial systems, others have expressed concern about the potential for government overreach and loss of privacy.
- Robert F. Kennedy Jr., who recently filed to run for U.S. president in 2024 as a Democrat, shared his concerns on CBDCs via Twitter on Wednesday.
- “A CBDC tied to digital ID and social credit score will allow the government to freeze your assets or limit your spending to approved vendors if you fail to comply with arbitrary diktats, i.e. vaccine mandates.” Kennedy’s verified account tweeted.
- “The Fed will initially limit its CBDC to interbank transactions but we should not be blind to the obvious danger that this is the first step in banning and seizing Bitcoin as the Treasury did with gold 90 years ago today in 1933.”
- At least 114 countries are currently exploring CBDC developments, according to the Atlantic Council.
Watch what the shameless Lagarde had to say:
ECB President Christine Lagarde
CBDC Will Be Used For Control 🚨🚨🚨
Cash transactions above 1,000 Euros already banned. Jail or fines if you are caught.
With CBDC Euro, there will be controls. Maybe transactions 300-400 Euros won't be controlled. Anything above will be.
— Wall Street Silver (@WallStreetSilv) August 18, 2023
And we’re not the only ones warning about the horrors of digital currency. Recently, Revolver published a powerful piece on Joe Rogan’s reaction to digital currency, which was very simple: “That would be game over.” He’s right.
If there’s one thing we’ve learned, it’s that giving the left an inch means they’ll take 100 thousand miles. It always begins innocently, with promises of how “easy” and “convenient” something will be — perhaps even impressing you with sleek, high-tech flair. But once they gain a foothold, you and everything you say and do become beholden to a group of elites who can shut down your entire livelihood with just a flip of a switch. The digital currency battle is a hill worth dying on — it’s that big of a potential game-changer.