The IMF Unveiled their Blueprint for a Global CBDC
The IMF has announced they are working tirelessly on a global central bank digital currency, one CBDC, to rule them all. And it is just as bad as you might imagine.
This blueprint is primarily to incorporate cross-border payments for individual CBDCs across the world. Now, obviously, the real reasons why they want to push something like this and the stated reasons for pushing something like this are going to be very different.
Reading between the lines, we find it's about maintaining control over money flow. However, one of the stated reasons is that there has been a rising interest in crypto assets, which is why many monetary policy institutions like central banks have been exploring CBDCs.
Timecodes
0:00 Introduction
0:51 Disconnect between Governments and Crypto
3:44 Financial Tyranny through CBDCs
4:20 Power Struggle for Cross-Border Payments
7:10 Centralization vs. Decentralization
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