Are CBDCs (Central Bank Digital Currencies) around the corner?
Ok, so you probably have heard about CBDCs (Central Bank Digital Currencies). At today's meeting of the Bank of France, they are discussing enrollment of Digital Euro, as soon as Q1 2023 (test phase).
- Approximately 100 countries already work on CBDCs (10 countries already have them)
- They want to regulate the decentralized aspect of crypto-blockchain assets calling it "innovation within the lawfully regulated ecosystem"
- EU is the leading edge of CBDC development
Do you still think that the current economic crisis is natural?
Or is it an artificially created crisis which will be used as a bridge/transition towards the era of Decentralized Money?
I remind you that we are still in the midst of Saturn (Aquarius) and Uranus (Taurus) square, which is a cycle of societal advancement (or perhaps not)...
It is in fact a good step toward the global adaptation of cryptocurrencies, but it is also another step toward a dystopian and totalitarian reality.
On another note, why do currencies weaker than US$ falling at the moment?
There is a theory called the "Dollar Milkshake Theory". It isn't well known yet because it is just the beginning of it, and it is already becoming reality.
The biggest global debt is denominated in US$. Most of the countries are in debt to USA because the resources necessary to run sovereign national economies and industries are denominated in US$.
What happens if the US Bank of Federal Reserve stops printing US$ or if there is a global crisis caused by an artificial plague which paused the entire economy?
There will be less US$ in the market, and this makes countries compete over US$.
There is simply not enough US$ in the open market, but countries are still in debt to the USA...so they have to buy US$ to pay their debt.
Weaker currencies are being sold to accumulate US$, and in fact, the only currency which may survive in the end will be US$.
Unless you link other currencies to the US$ with the use of Digital Money - Central Bank Digital Currencies (CBDCs).
Create the crisis, have a solution to it already... - it has been used over and over.
Connect the dots people...