There is a global pushback against CBDCs; we CAN stop them
Central bank digital currencies (“CBDCs”) are deeply unpopular with the general public and we have a chance of stopping them in their tracks, writes James Corbett.
If you listen to the stenographers and presstitutes of the establishment dinosaur media, you’ll believe that CBDCs not only represent an exciting opportunity to bring our outdated paper money system into the digital age but that they’ll be bestowed on us by the benevolent central banker technocrats in the next year or two (if we’re lucky!).
If you listen to the pundits in the alternative media, however, you’ll believe that CBDCs not only represent the greatest threat to human freedom in our lifetime but that they’ll be forced upon us by the evil central bankster overlords in the next year or two (no matter what we do to fend them off).
Do you see the similarities in these two “competing” narratives? In both cases, you and your opinion about CBDCs are utterly irrelevant. It’s a fait accompli. You can love ’em or hate ’em, embrace them or recoil from them, but whatever your position, you will be forced to use them.
But this just isn’t true. In fact, we’re already seeing a massive global pushback against the CBDC agenda. And this pushback is already causing the banksters to panic and pull back on their grand plan for world domination.
Global Pushback
As we all know, when globalists are looking for a population to test out their latest technology of enslavement, they turn to Africa. From genetic manipulation to vaccine experiments to agricultural “revolution,” there is no shortage of examples of pathocrats disguising their experiments in technocratic tyranny as philanthropic concern for the poor, beleaguered people of that continent. It’s hardly surprising, then, that Africa is once again serving as a laboratory for the latest globalist technocrat pet project: digital money.
Accordingly, Nigeria became one of the first nations in the world to adopt an official, national central bank digital currency when the Central Bank of Nigeria (“CBN”) launched the eNaira amid much fanfare in October 2021. Promoted with the slogan “Same Naira, more possibilities!” the bankster class collectively held its breath as it watched this trial run of digital money unfold before their eyes.
The early results of this experiment, however, were not promising for the money manipulators. Despite a massive push of the eNaira by the government and breathless coverage of its rollout in the establishment media, it was revealed one year after the digital currency’s launch that a mere 0.5% of the population – one in every 200 people – had actually used it.
Not to be dissuaded, the CBN imposed new banking regulations last December, limiting cash withdrawals from ATMs to just ₦20,000 ($45) per day in a bid to increase the adoption of the nation’s CBDC.
The result? Again, utter failure. In fact, worse than utter failure. An actual uprising!
Nigerians took to the streets in February of this year to protest the cash restrictions and even attempted to storm the central bank.
CBN officials are now rearranging the deck chairs on the Titanic, upgrading the eNaira app to allow contactless payments, as if that was what was keeping people from using the banksters’ new digital enslavement tokens. But, try as they might to cover it up, the results of this experiment in monetary manipulation are now clearly visible for all to see. The eNaira is a failure of such gargantuan proportions that it now serves as a cautionary tale to central bankers around the world about how pear-shaped things can get when a digital currency is shoved down an unwilling public’s throat.
But it isn’t just Nigeria where people are saying “no, thanks” to the banksters’ digital money agenda.
In the European Union, protesters are already marching against the European Central Bank’s (“ECB”) proposed “digital euro.” In Croatia, for example, activists are warning that their government’s adoption of the euro “will be followed by the introduction of a digital euro, and then you will have to kiss all the freedoms you know goodbye.” In the Netherlands, meanwhile, demonstrators have staged rallies warning about the coming European CBDC and the ECB’s plan “to control the spending habits of the population.”
In Russia, too – where Putin has just signed the Central Bank of Russia’s “digital Ruble” into law as an official national currency – people are already threatening to go Nigerian on their government. Recent polls show that a mere 6% of Russians are actually excited about their opportunity to use the new CBDC. This widespread distrust of the digital Ruble is reflected in the coverage of the currency on the nation’s alternative news websites, which are filled with articles decrying the technocratic tyranny. One such article sums up the situation by noting that “we can only say that if citizens actively use non-cash transactions, then they themselves will enter the electronic banking concentration camp, seemingly completely voluntarily.”
And how about in the bastion of liberty, the beacon on the hill, the good ol’ US of A? Well, the grandstanding politicians – always eager to get in front of a parade and pretend they’re leading it – are already introducing (and even passing) legislation to ensure CBDCs never sees the light of day in America.
Of course, readers of this column will know that these political promises aren’t worth the paper they’re written on. Nevertheless, the proposed legislation is important because it reflects two underlying realities. Firstly, it demonstrates that the American public is not on board with the CBDC agenda. And secondly, it signals to the Fed and other central banksters that they risk upsetting their whole rigged monetary system if they push this agenda too far and too fast.
Own a piece of libertarian activist history! In 2013, the police accountability organization Cop Block produced a one-time run of "Shiny Badges" modeled after the Keene, New Hampshire police department badge from a manufacturer of "real" police badges. The heavy-weight badge features the Cop Block logo and the words: "Shiny Badges Don't Grant Extra Rights,” reminding the police of the incredible delusion required to believe a shiny badge gives one an exception from morality or the "right" to imprison peaceful people for victimless crimes among other immoral transgressions required for the job.
The Art of Liberty Foundation acquired Five (5) of these at PorcFest 2023, and we are auctioning these off to support the foundation. You can buy here for $250 OR "Go Paid" as a $250 Founding Member on SubStack to receive your shiny badge, an Everything Bundle, AND a One-Year Founding Membership on the Art Of Liberty Foundation's Important News Substack. These are the only Cop Block Shiny Badges available on the internet and when they are gone... They are Gone!
Go Paid (or Upgrade) at the $250 Founding Member level and get the Badge + an Everything Bundle + a One-Year Founding Membership to the Daily News & The Art of Liberty Foundation’s Important News Substacks.
Just not use it is what the people can do.
It is the 1% of the 1% money, they can do what they please with it.