While the final prophecy of crypto's win is still years away, it is safe to say that the predicted Crypto Wars have now begun. The Internet... working at the speed of light, reaches correct analysis, recommends actions... Wake Up, #StopCBDCs, Ditch Malignant Fiat Systems, Fight For, Adopt, and Use Distributed Crypto. Top posts about CBDCs on major platforms are almost all universally negative and posted within last year... I came to Bitcoin for the gains but i will stay for the revolution. I will say NO to CBDC! 1,873 points 303 comments submitted 16 hours ago by XLScrypto to r/Bitcoin https://v.redd.it/1mjfnr835jj81 The introduction of CBDC is next level dystopia: you earn a certain amount of money but if you don't spend it fast enough, you see it quickly shrink on your bank account. The consequences of this would be disastrous as you lose agency over how much and when you spend and what you save 1,832 points 162 comments submitted 4 months ago by uw888 to r/Anticonsumption https://i.redd.it/d6ymdlaw7ms71.jpg The introduction of CBDC is next level dystopia: you earn a certain amount of money but if you don't spend it fast enough, you see it quickly shrink on your bank account. The consequences of this would be disastrous as you lose agency over how much and when you spend and what you save 1,423 points 191 comments submitted 4 months ago by lazybugbear to r/ABoringDystopia https://i.redd.it/d6ymdlaw7ms71.jpg Central Bankers want a CBDC so they can control your life. 1,308 points 567 comments submitted 2 months ago by Horsegoats to r/Bitcoin https://v.redd.it/v1i10cqqg5281 America COMPETES Act of 2022 and the announcement of the CBDC plus Bidens upcoming executive orderMARKETS 1,277 points 880 comments submitted 27 days ago by HammondXX to r/CryptoCurrency So these CBDC's will be really bad news. I went through the last proposal so you didn't have to. TLDR: In short, they want unilateral power over money and to maintain control of global economies. They also fear Russia China and others are using crypto to skirt sanctions. They want complete control to spy and freeze funds in everyones accounts edit clarification: the top are screenshots from the CBDC proposal, they are eerily similar to the America Competes law listed below. One can deduce that with the power and flexibility of CBDC's they will give the treasury unilateral power If you stack this with the America COMPETES Act of 2022 which gives the TReasury unchecked and unilateral power to spy and halt or limit accounts and transactions. Here are some screen shots The following are from the CBDC proposal: compare them to the screen shots below https://www.federalreserve.gov/publications/files/money-and-payments-2022012... https://preview.redd.it/xkfj0sqmyae81.png?width=2158&format=png&auto=webp&s=c795ff1a7b9012e2d085dc97897b46896ddaa927 https://preview.redd.it/dsy69lgryae81.png?width=2022&format=png&auto=webp&s=59dee7fdc7f6bad0d3a185e1c5c597fde7005ff2 https://preview.redd.it/nhlvgd2uyae81.png?width=2079&format=png&auto=webp&s=e9e985dfb9166b612c95a61528d13a31dfdfe1c6 The link below can be compared to the Fed white paper above. These are going to be used in conjunction https://rules.house.gov/sites/democrats.rules.house.gov/files/BILLS-117HR452... https://preview.redd.it/bugsisp70be81.png?width=2026&format=png&auto=webp&s=a7099b9d3a6d32cff8e6bf7b61cda3319a3d3d7b https://preview.redd.it/9cuncbhg0be81.png?width=2152&format=png&auto=webp&s=d2b06506058c9f5148e28a1a276691b09b716b00 here is a little piece about concerns on Russia and China https://preview.redd.it/3ql96evy0be81.png?width=2292&format=png&auto=webp&s=de65b1af74cf66d55dcbde724d68fa2325a88a29 FED NOW is a service that directly competes with XRP and will also be wholly controlled by the Federal reserve here is a link references Russia investing in BTC to get around sanctions. https://www.telegraph.co.uk/technology/2019/01/14/russia-plans-tackle-us-san... Lastly Biden will be using an executive order to provision and issue crypto rules next month This will be done under the banner of national security https://www.barrons.com/articles/white-house-executive-action-regulate-crypt... An executive order is a signed, written, and published directive from the President of the United States that manages operations of the federal government. Executive orders are not legislation; they require no approval from Congress, and Congress cannot simply overturn them. Congress may pass legislation that might make it difficult, or even impossible, to carry out the order, such as removing funding. Only a sitting U.S. President may overturn an existing executive order by issuing another executive order to that effect. https://www.americanbar.org/groups/public_education/publications/teaching-le... Personally I hope this goes all the way to the Supreme court as this is a gross violation of the 4th amendment The right of the people to be secure in their persons, houses, papers, and effects,[a] against unreasonable searches and seizures, shall not be violated, and no Warrants shall issue, but upon probable cause, supported by Oath or affirmation, and particularly describing the place to be searched, and the persons or things to be seized.[2] https://preview.redd.it/wdvfy1q2yce81.png?width=650&format=png&auto=webp&s=46fe900164ebabc8c793536f4f08a0cc616bd587 Joe Rogan Podcast | Bitcoin is Disrupting Power Hierarchies, Just Like The Invention of The Printing Press Did | Elites Are Compensating With CBDC's, Vaccine Passports & Social Credit Systems 1,230 points 358 comments submitted 1 day ago by Fiach_Dubh to r/Bitcoin https://v.redd.it/alh5onyxcfj81 Humanity is being tested once again to see if it has the brains to drive itself forward or if it still needs masters. If you value your freedom, you should stay away from CBDCs. 963 points 203 comments submitted 7 months ago by I_TheAndOnly to r/Bitcoin There already is a digital dollar/euro/whatever, the one that you have in your bank account when you pay with your credit card, so why would you need another one with the same crisis entangled, human controlled value properties like the older ones based on imaginary human formulas and changeable at will? EDIT: It was not enough that they flooded the market with 24-26% of all the cash in existence in the past year and a half, now they want to add the CBDC to the mix to flood it some more. Are you all seeing this?? Bank of Korea selects major Ethereum software company ConsenSys for South Korean CBDC tests 863 points 47 comments submitted 7 months ago by twigwam to r/ethereum https://cointelegraph.com/news/bank-of-korea-selects-kakao-s-blockchain-arm-... I honestly can't stand her. Elizabeth Warren, a democratic US sentor calls crypto a scam but CBDCs are legit.POLITICS 743 points 509 comments submitted 8 months ago by TheRealNotaredditor to r/CryptoCurrency https://coinnounce.com/us-senator-elizabeth-warren-says-crypto-is-bogus-and-... Is anyone else terrified of CBDC's and their potential to enslave humanity? 709 points 702 comments submitted 1 month ago by B-A-R-F-S-C-A-R-F to r/Bitcoin Look into CBDCs and the amount of control they give to central banks. they are fully centralized transparent, every transaction is subject to surveillance. transactions are directly taxable. endless money printing ie. inflation. negative interest rates. expiry dates on money (literally you have 3 months to spend your salary or it is gone). control over what you can and cannot spend your money on. easily restrict where you can spend your money, at what time you can spend your money, or even turn off bankaccounts/people. Look into social credit systems, how effectively they oppress populations. They are already a reality in parts of China. a point system that determines your social status. virtue points for stuff the government likes penalty points for stuff the government doesnt like. your "citizen privileges" are determined by this point system. want access to restaurants? your score needs to be over 100 or your QR doesnt work. went to the wrong protest?, talked to a dissident?>>> no traveling for you, no supermarket for you... no school for your kids. sucked off the balls of the government? >>> maybe youre allowed to buy better food or even some alcohol this month, sucked hard enough?? maybe your kids get to go to a better school. Now combine CBDC's and social credit... CBDCs are every totalitarians wet dream. An airtight tool for oppression. The QR code system that they've been trying to introduce though the covid pandemic is the perfect trojan horse. (I happen to think that is not a coincidence, but then again I am also a crazy conspiracy theorist.) I know one thing though: If CBDC's ever get widely implemented we will forever be cattle to whoever controls them. Ukraine's government has chosen Stellar to build the infrastructure for a central bank digital currency (CBDC).POLITICS 668 points 191 comments submitted 1 year ago by rev0lution1st to r/CryptoCurrency https://www.coindesk.com/ukraine-government-picks-stellar-to-help-build-nati... If you thought CBDC’s are here to help people, here is some clarity from Bank of International Settlement’s head: “With cash, we dont know who is using a $100 bill and who is using a 1000 pesos bill. A key difference in CBDC is that the central bank will have absolute control over its use.”PRIVACY 675 points 204 comments submitted 6 days ago by Set1Less to r/CryptoCurrency Many people seem to think CBDCs are the next step in crypto adoption, and governments are keen on introducing CBDCs to help people spend and invest in crypto in a safe manner instead of having to rely on risky tokens like USDT. I’ve seen statement thrown around like “CBDC will render Bitcoin useless.” If you thought so, here is some clarity on what CBDC’s actually help to accomplish. Agustín Carstens, head of the Bank of International Settlements: https://www.youtube.com/watch?v=rpNnTuK5JJU We don’t know who’s using a $100 bill today and we don’t know who’s using a 1,000 peso bill today. The key difference with the CBDC is the central bank will have absolute control on the rules and regulations that will determine the use of that expression of central bank liability, and also we will have the technology to enforce that. This is not a joke, nor are they even trying to be subtle about it. The goal of CBDC is to enable governments to have complete control over people’s finances. They can already do this to a great extent with the current financial system where most transactions are already electronic, but due to intermediaries like retail banks, the Central Banks are not in an immediate position to halt or know about everyone’s finances. CBDCs are designed to over come this. With CBDCs, the government can directly seize a user’s funds without having to go through retail banks. The current electronic payment system already allows governments and central banks to have complete control over the users of the electronic network. CBDCs just help them exert their control in a more efficient manner. This is how CBDCs are implemented in China. Everything is through their CBDC Digital Yuan app. Money cannot leave that app, nor can it be sent to anyone outside that network. This is how every single proposed CBDC framework looks like. You can transfer/receive CBDCs from others on the same network, thats all. All the funds on the network are ring fenced and cannot leave or enter this system unless the central bank allows for it. Digital Yuan app CBDC shills (i.e. central bankers, regulators etc) will try to claim CBDC's are "programmable money". They are not wrong, but it is "programmable" only by the central bank and the programming enables them to stop payments and remove your access to money. CBDC's are not programmable by end users, developers who want to build with the CBDC. Any attempt to program CBDC must be signed off by the central banks. They are just stealing terms like "programmable money" from decentralised cryptocurrency jargon and using this narrative to pitch to those who do not have an understanding about crypto for the CBDC gotcha moment: "Look CBDCs are here, now your crypto coins dont have a use!". It's false advertising for those unaware of what CBDCs are. If you thought CBDCs are going to allow you to invest in your favourite defi apps or use it as a replacement for USD Stablecoins to earn more interest, that is not going to happen. Once CBDCs are mainstream, the next goal would be to prohibit cash transactions completely, so that the entire economy can be controlled by a centralised entity. The only obstacle standing in this path is the emergence of decentralised currencies. CBDCs are a privacy nightmare straight from a dystopian novel, and an autocrats dream. Central Banks are taking the worst of the crypto industry and devising ways to use it so that the governments can have even more power over their subjects. The Bank Of Israel Aims To Launch Its CBDC On Ethereum 661 points 69 comments submitted 4 months ago by HabileJ_6 to r/ethereum https://thecryptobasic.com/2021/10/23/the-bank-of-israel-aims-to-launch-its-... A new Bank of Canada report, "The Positive Case for a CBDC", sites Ethereum as the standard from smart contracts and programmable money 663 points 55 comments submitted 7 months ago by twigwam to r/ethereum https://www.ledgerinsights.com/bank-of-canada-cbdc-benefits-payment-competit... Edward Snowden calls CBDCs perversion of cryptocurrencies - Blockbulletin 632 points 117 comments submitted 4 months ago by sepke12345 to r/ethereum https://blockbulletin.com/news/markets/edward-snowden-calls-cbdcs-perversion... Banks will be required to work with crypto, e-money and CBDCs to survive - Mosttraded.comNEWS 495 points 48 comments submitted 1 year ago by kostiaaaaa to r/CryptoMarkets https://mosttraded.com/2021/02/22/banks-will-be-required-to-work-with-crypto... W. Sean Ford confirms that there are CBDC deals closed which will be using Algorand's blockchainNews 462 points 88 comments submitted 4 months ago by kullnames to r/AlgorandOfficial https://i.redd.it/w0ubexs74wu71.png Ukraine's government has chosen @StellarOrg to help build the infrastructure for a central bank digital currency (CBDC). 456 points 220 comments submitted 1 year ago by hoban_ to r/Stellar https://www.coindesk.com/ukraine-government-picks-stellar-to-help-build-nati... $Tomo is currently being used by the Vietnamese Government & CBDC soon. Why is Tomochain so undervalued ?FINANCE 409 points 90 comments submitted 5 months ago by KaBuschmany to r/CryptoCurrency https://www.coindesk.com/markets/2020/11/18/vietnams-ministry-of-education-a... I just realized Nero members wear the same suit as cbdc agents from syphon filter. 383 points 53 comments submitted 17 days ago by iCantSeeMyForeheaddd to r/DaysGone https://i.redd.it/cvqg0h7cj9g81.jpg Is anyone else terrified for CBDC's and their potential to enslave humanity?Discussion 🦍 378 points 212 comments submitted 1 month ago by B-A-R-F-S-C-A-R-F to r/Wallstreetsilver https://i.redd.it/6ry3b04n2q981.jpg Thanks Trudeau for showing us all the plan. Now more people can see the dangers of CBDC.End The Fed 386 points 17 comments submitted 6 days ago by Article1Section10 to r/Wallstreetsilver Central Bank Digital Currency... Dead On Arrival This whole thing was planned a long time ago. Trudeau is just an actor, playing his role. The end goal - CBDCs + social credit systemDiscussion 🦍 330 points 75 comments submitted 8 days ago by StonkBrothers2021 to r/Wallstreetsilver Trudeau caused this panic and chaos on purpose. He wants to be the first domino. We are about to experience some insane shit in the coming months. Normies will go batshit crazy and will blame everyone, including truckers and us. They will do anything to make the pain stop. And then the CBDCs will come and will be presented as the solution. The wheels are in motion. Sit back and watch the show. Normies will have questions - enlighten them. Now they'll listen. Bank of Japan considers launching its own digital currency (CBDC). It would be the first central bank in the world doing so. 318 points 27 comments submitted 3 years ago by SaneFive to r/japan https://beincrypto.com/bank-of-japan-exploring-central-bank-issued-cryptocur... Hurry up, get your cash out and stack your PMs. The UK is set to push their CBDCs out.Due Diligence 📜 317 points 112 comments submitted 4 months ago by Wtfcmi to r/Wallstreetsilver https://v.redd.it/rc0wz9vxm6u71