Technocrats who are driving the move toward a cashless society could care less about the human displacement and hardships that would be created. No matter what Technocrats tell you about the inevitability of a cashless society, it is pure propaganda to trick you into going along.
There is nothing good about implementing a global or national digital currency because it is the railroad to digital tyranny and total control. Many people will welcome their slavery in return for bread and circuses, but it's not like they were not warned beforehand.
According to Article I, Section 8, Clause 5 of the U.S. Constitution, Congress is specifically granted exclusive responsibility "To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures". No problem for Biden, who rules with a pen. Fintech is the chosen financial system for the post-Great Reset world, aka Technocracy. Read the full EO below, with highlights provided by TN.
Basically, Biden is opening the door to the destruction of paper currency on the flimsy excuse of defending against ransomware and cyber crime. The unnamed source said, "We could see a significant shift in policy in 180 days. This is a likely step toward creation of a central bank digital currency".
Like vaccine passports and digital identity schemes, there has been zero public debate over central bank digital currencies as they are rolled out around the world. All global banking institutions like the IMF, World Bank and the Bank for International Settlements, are pushing as hard as they can.
Justin Trudeau was likely drawn up short by his Technocrat superiors because he let the cat out of the bag too early. That is, he revealed the workings of the dystopian financial controls being set in place to completely control a population through financial access, or lack of it.
Always look beyond the obvious headlines to see what is going on in the shadows. In this case, the tools of outright wealth confiscation are being fine tuned: negative interest rates, limits on cash withdrawals, transfers and freezing assets. To keep cash alive, one must use it daily.
The Fed in general is studying the plausibility of releasing a U.S. digital currency. It has said that a digital currency would not be intended to replace cash, in spite of a mountain of global evidence that cash is in the crosshairs for extinction. The United Nations has declared Fintech to be to financial system to support Sustainable Development, aka Technocracy.
Cryptocurrencies are marketed as being safe, secure and private. Victims of crypto-crooks find differently. If you base your fortune on holding cryptocurrencies, remember that criminals are smarter and trickier than your ability to defend your assets. In time, people will call for central banks to provide security.
Former Twitter CEO Jack Dorsey and a group of tech titans are banding together to upend finance and governance structures with blockchain innovations, loosely called 'Web3'. Offered on the basis of decentralization from existing power structures, it could easily morph into a system of total control over everything on earth.