Cryptocurrency: Crypto Wars - #StopCBDCs - Top Posts All Recent and Negative

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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-20220120.pdf
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-117HR4521RH-RCP117-31.pdf
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-sanctions-bitcoin-investment-says-kremlin/
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-cryptos-national-security-51643312454
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-legal-docs/what-is-an-executive-order-/
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-for-digital-won-tests

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-a-lousy-investment/

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-national-digital-currency

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-cbdc-on-ethereum/

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-competition-innovation/

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-of-cryptocurrencies/

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-e-money-and-cbdcs-to-survive/

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-national-digital-currency

$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-adopts-blockchain-record-keeping/

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-cryptocurrencies/

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