I wrote about it here earlier:
Jacek’s SubstackLike many another central banks, the European Central Bank (ECB) is in the process of implementing the digital currency.
https://www.ecb.europa.eu/paym/digital_euro/html/index.en.html
At the moment, cash is to be retained as a parallel payment measure, but it is adequate to callback the successive rolling limits on the amount of permitted cash payments in the euro area to realize how its function can easy be marginalised by the Regulation. Also, ensuring that citizens have a advanced level of privacy sounds completely unbelievable, as in a day of developed universal electronic transactions, the biggest difference between the current and the introduced strategy is to let full surveillance and control through the CBDC.
Only 2 aspects, comfort and safety are powerfully highlighted in the propaganda materials on CBDC. It's as if the current strategy is someway peculiarly uncomfortable and dangerous and so requires replacement. In addition, for a long time, the media has been trying to convince us of the link between cash and criminal activity. They say cash is only needed by criminals, and honest people have no reason to fear supervision and control. This is not true, and the fact that crime sometimes occurs is above all evidence of a certain margin of freedom, not an indication of the request to tighten up control. In all strategy there will be willing to enrich by breaking the rules, but in order to counteract alternatively of surveillance and control of everyone, criminals should be prosecuted and punished. In fact, the biggest crimes on a global scale are now committed by large corporations and banks utilizing completely authoritative and legal transfers. They were behind the fresh spectacular collapses of large banks. No digital currency threatens the machinations of global corporations, alternatively becoming a convenient tool for making even greater profits.
In propaganda, we will not find information about the scope of control of citizens by digital currency. I've written about the case before, but I feel that the problem has not been noticed and taken seriously as it deserves. possibly everyone thinks this way: our lives will not change, at most we will gotta pay for everything with a card, and those on the stalls will besides gotta have terminals. Nothing further from the truth. Digital currency means the anticipation of complete government control over all actions of citizens and organisations. This information will not be found on the above pages, but this anticipation is entered in the CBDC. Recently, the president of the European Central Bank, Christine Lagarde, admitted this. He has respective spectacular failures in his account, and late he has been provoked to talk to individual who claimed to be the president of Ukraine.
A fragment of the above video with English subtitles can besides be found on YouTube as lagarde falls for borat.
In this conversation, it was highly honest and admitted without a uncertainty that increased control is 1 of the basic objectives of the digital euro. She besides said:
We wonder if, in the case of very tiny amounts, around EUR 300, 400, we could have a mechanics in which there is no control. But it could be dangerous.
So, as you can see, leaving us free to make tiny purchases without control is considered a threat by our rulers, so they will not let it. They will forbid us from freely having our money for our own safety, for which we should be profoundly grateful. (Note on the side, for Mrs Christine Lagarde 400 euro is simply a very tiny amount, until almost unnoticeable).
One would think naively that the current electronic payment strategy already provides specified control, but that is not true. Regardless of how we pay, the euro, whether the euro is issued by the central bank, and beyond their nominal value they carry no another information. specified gold can be deposited in a selected commercial bank and only he outside of us has access to the account history. Nobody else needs to know about this bill. The gold itself does not know the owner, and the 1 we pay is no different from the gold that individual else, mill or bank pays. Transaction data is recorded to a basic degree by a commercial bank where we have an account. In order to scope them, legal and another actions are needed to link them to purchases, even more action, sometimes a court order.
The introduction of the CBDC will lift the anticipation of storing money in commercial banks, choosing 1 that we consider more favourable for any reason. Everything, all transaction will take place with the central bank and will be recorded there. The CBDC unit is recorded in the central bank database and may contain various data. There, in the database of the digital money issuer are collected and available to the rulers all these data. Regardless of the method details, it can be assumed that each digital euro is marked, bears the identifier of the current owner and the erstwhile and the transaction past erstwhile and for what reason it changed its owner. And this data is available at any time continuously. Digital money may besides have additional attributes issued by the issuer and its controlled attributes specified as time constraints, geographical limitations, permitted types of transactions or others. They can be mostly valid or only for circumstantial persons or organisations. The introduction of the CBDC will supply an unprecedented and unparalleled level of control up to the most detailed gradation. They'll be able to add money to your account, take it, and control whether, when, where, and what you can spend it on. Here are any examples:
Overheating of economy — reducing the expenditure of the population by marking the selected part of the money as impossible to spend or receive, sometimes only some
The recession — Extorting spending money by placing a timer on money that disappears if you neglect to run it in time
People making “bad” choices specified as buying combustion cars or eating steaks alternatively of worms, vacationing, choosing natural opposition alternatively of implanting — for selected persons forced deficiency of travel ability by deficiency of approval to buy certain items or approval to store only at circumstantial locations, and yet a full scope of another options for action, come up with yourself
A citizen disobeying or critical of the government or proclaiming “inappropriate” views — As above to a higher degree, purchases can only be made in 1 place and only at a given time, a very limited available scope of purchases
A declared state of higher necessity specified as alleged climatic or pandemic hazards — as above, in multiple configurations at the discretion of the ruling
In this system, it is besides not easy to supply aid by buying to a loved 1 affected by restrictions, and it can automatically address the handicaps of the full chain of those who aid and aid those affected. In Canada, Trudeau blocked accounts for people who dared to financially support organisations protesting truck drivers, but had to break the law earlier and terrorize commercial banks. Twice, erstwhile to get information about transfers to these organizations' accounts, and then to set up the blockade itself. And, of course, he was no longer able to truly track the further series to prevent aid from being blocked. With the digital currency and everything in the central bank, he'll do it with 1 click of a mouse, and no 1 locked up can help.
Imagine that specified opportunities are available to those you dislike and fear, specified as the other political option. Is that what you want? These examples may explain adequate why governments around the planet are so keen to introduce digital money. This is done by the euro area in the European Union, but besides by the United Kingdom and the United States. China and Russia are besides doing this, which may yet give emergence to thinking, as we do not consider these countries to be a standing of freedom and civilian rights.
The second reason is freedom to make and destruct money on request by the central bank. In this money strategy you don't even request to print, you add it to the strategy by clicking. You take the money the same way and let the 1 who disappeared worry. No 1 even needs to know how much money is in circulation or what has changed and when. Digital money is the maximum control over citizens and virtually no control over the operations of the central bank. This translates into a complete deficiency of work for decision-makers for actions affecting millions of people.
Such profound and serious changes should be preceded by a European referendum, but the anointed rulers did not even think about it. Fundamental issues are decided by EU officials, even the European Parliament is just a voting device for nicely sounding slogans. There will most likely be experts and fact-checkers who will show that these are unjustified fears and conspiracy theories, and the EU has no intention of monitoring and controlling its citizens. This may not be a direct mark at the moment, but the current actions implement mechanisms enabling specified control and surveillance, and put them in the hands of persons as wise and predictive as Christine Lagarde and the righteous and honest as Ursula von der Leyen. It's like a saying about a monkey and a razor.
Cash, free economical circulation and the right to privacy together with freedom of speech and the right to free movement are the foundations of citizens' freedom of movement. Meanwhile, CBDC is simply a strategy of name stamps, developed and very complicated, but having small to do with average money. More like a close comparative of the card strategy with a detailed ID. North Korea. Otherwise, the CBDC can rapidly cease to be average money for free economical exchange, for the implementation of citizens' choices as autonomous individuals. It besides does not request to service the functioning of a free marketplace governed by request and supply laws, as it allows central bank intervention in each transaction. Central planning on steroids.
It may service banks and large corporations well, but in relation to individuals and various organizations and companies it will easy become a tool for forcing attitudes and behaviours, and even views. In conjunction with the social credit system, it will become the foundation of a totalitarian state to the degree that we cannot imagine. It will most likely be pleasant and mild at first, comfort will be enjoyed by all, but as the strategy is perpetuated, it will show its possibilities. Unfortunately, it will be besides late.
If individual thinks that someway he will slip through the system, he should know about another totalitarian tool of a country in parallel introduced by the loving freedom of the European Union. This is an integrated digital recognition system. All personal, biometric and wellness and financial data are to be integrated. We're handing the monkey another razor. Allegedly, only we will have access to our data, but in turn we will request access for further agencies, services and offices. For our sake, safety and convenience, of course, without any bad intentions. There is besides no warrant that the government holding the data on their servers with this anticipation will not usage it whenever it feels like it. Especially since there is besides a carbon footprint in the plans (i.e. the bank of Belgium) and this is most likely not the end of it. It is possible to evidence all behaviours, statements on the net and not only, and then to measure the civic attitude on the basis of them. You say lame alternatively of lame, or you usage the incorrect individual pronoun for LGBTQPZ's newest celebrity and you won't be punished to watch your favourite tv series just a reeducation video, and the computer will give you training in how to talk and think for which you will pay extra. This will be ensured by ubiquitous cameras with facial designation and motority and body shape. Their action can be seen in a video about Chinese 15-minute cities. Now the police inactive request to identify you, giving you a reason. In a minute this will be unnecessary, recognition will be permanent, and the social credit strategy invented by the Communist organization of China will become a reality.
Digital money and digital identity are the pillars of the slavery system. Meanwhile, there is no discussion in the media on these issues. While they are informing us at all about the process of introducing a digital euro or digital identity, only 2 aspects are raised: convenience and security. I remind you, all specified offices as KGB, UB or SB had a word of safety in their name. Granted, the comforts were not mentioned. Fortunately, there were no method possibilities yet, so there were gaps, any margin of freedom. Now you can end up with specified a mess. erstwhile and for all. specified changes are fundamentally irreversible, as only a major disaster can undo specified a process that destroys the full state or group of states.
I have a question:
When voting in the referendum 20 years ago, did we vote in favour of joining the European Union?
And a reminder. Fortunately, we have not been seduced by the Euroenthusiasts and alleged experts, so we inactive have our own currency, but we do not know what the intentions of the opposition are, due to the fact that no 1 speaks of it as if it were a subject of small concern. The reflection of behaviour and declarations on akin subjects (the announcement of "accurate integration with the European Union") makes it possible to fear the worst, or meek acceptance of the dictatorship of EU bureaucracy on all issue. The current NBP president defends cash in Poland, so possibly we should look a small differently at attacks on him, possibly it's not always about what's being accused of him?
Let us learn to separate individuals and their image from the real effects of their actions.
With all conviction, I will repeat what I wrote earlier:
I'm not a fan of Adam Glapinski, it's an antipathic, cocky kind who has a lot on his conscience. However, I believe that defending cash in Poland defends our freedom and for that I am inclined to forgive him a lot. due to the fact that freedom is fundamental.
And it doesn't substance whether it's done by a willing, by default, or to hide individual else's, possibly its own embezzlement. Intentions can be the meanest. Never mind, it's the effects of the action and only them. In this case, the real effect is to defend cash and hold the triumphant impact of digital money. Cash is 1 of the foundations of freedom by the fact that all buck earned, borrowed from someone, received in a gift, found, won in cards, worn or stolen is the same. Power does not have the tools to differentiate it, so its control over citizens is limited, and for this reason power is so determined to change.
When there is no freedom, all another matters will abruptly be insignificant. It will stay a physical endurance for which we will be forced to accept and do what we will and command power, and this may be much more ugly than what we are now rejected. Of course, there will always be those who consider that the current NBP president is unattractive and request to be replaced by individual more beautiful, with a more elegant political option, for which they will be happy to follow the digital gulag erstwhile erecting beautiful sounding slogans.
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