{"id":36418,"date":"2024-12-30T15:08:03","date_gmt":"2024-12-30T22:08:03","guid":{"rendered":"https:\/\/www.itmtrading.com\/blog\/?p=36418"},"modified":"2024-12-30T15:07:16","modified_gmt":"2024-12-30T22:07:16","slug":"when-cbdcs-launch-how-long-until-the-social-credit-grid-controls-you","status":"publish","type":"post","link":"https:\/\/www.itmtrading.com\/blog\/when-cbdcs-launch-how-long-until-the-social-credit-grid-controls-you\/","title":{"rendered":"When CBDCs Launch, How Long Until the Social Credit Grid Controls You?"},"content":{"rendered":"

Central Bank Digital Currencies (CBDCs) are being sold to us as digital cash, but the truth is far more sinister. With tracking, programmability, and centralized control, CBDCs could pave the way for a dystopian financial future where your every move is monitored and controlled. In this video, I break down the dangers of CBDCs, how they could lead to a social credit system, and what you can do to protect yourself before it\u2019s too late.<\/p>\n

CHAPTERS:
\n00:00 Behind the Lie of CBDCs
\n00:42 What CBDCs Mean for You
\n01:20 Lessons from China\u2019s Social Credit System
\n03:05 How CBDCs Will Track and Control You
\n04:16 Programmable Money and the Risks
\n05:29 The Road to Social Credit in the U.S.
\n06:06 How Much Time Do We Have Before CBDCs?
\n07:17 Three Steps to Protect Yourself<\/p>\n

TRANSCRIPT:<\/p>\n

00:00<\/strong>
\nBehind every lie is a hidden truth, and today’s lie by those in power is that Central Bank Digital Currencies (CBDCs)<\/strong> are merely digital cash. But the truth? CBDCs are far more dangerous.<\/p>\n

O Yang Hau is followed\u2014what she buys, how she behaves is tracked and scored.<\/p>\n

Key difference with the CBDC is that the Central Bank will have absolute control.<\/strong><\/p>\n

They are the gateway to unprecedented government control<\/strong>, an all-seeing system where every transaction is tracked, logged, and rated. But the ratings won’t just stop with your finances\u2014they\u2019ll define your opportunities<\/strong>: where you can work, where you can go, and even how you can live your life.<\/p>\n

00:42<\/strong>
\nNo, this isn\u2019t just about money; it\u2019s about control.<\/p>\n

If this sounds too dystopian, too far-fetched to think that the United States would ever pursue such a future, think again.<\/p>\n

Right now, 134 countries representing 98% of the global economy<\/strong> are actively pursuing a CBDC.<\/p>\n

\u201cPeople don\u2019t need to worry about a Central Bank Digital Currency.\u201d<\/p><\/blockquote>\n

Do you really believe that the U.S. government and the elites would pass up an opportunity for such a powerful tool of control?<\/p>\n

It\u2019s those who dismiss this idea as impossible who will be left powerless<\/strong> and stripped of their freedoms.<\/p>\n

01:20<\/strong>
\nAll it takes is one look at China<\/strong> to see where we could be heading.<\/p>\n

We\u2019re already being watched: every online interaction monitored. Speak out against the mainstream narrative or attend a protest about government overreach, and you\u2019re labeled as a threat<\/strong>.<\/p>\n

For now, the consequences are relatively mild\u2014increased surveillance, maybe. Or, as we saw in Canada<\/strong>, financial blacklisting. Companies like GoFundMe<\/strong> and PayPal<\/strong> froze millions meant to support the Freedom Convoy, showing how close we are to losing financial freedoms.<\/p>\n

But make no mistake\u2014this is just the beginning.<\/p>\n

02:28<\/strong>
\nIn China\u2019s social credit system<\/strong>, rewards for \u201cgood behavior\u201d and punishments for \u201cbad behavior\u201d go far beyond simple monitoring.<\/p>\n

Travel bans.
\nLimited job opportunities.
\nConfiscation of your pet.<\/p><\/blockquote>\n

Now, imagine how much easier it would be to implement a social credit system in the U.S. if there were a CBDC<\/strong>.<\/p>\n

03:05<\/strong>
\nHere\u2019s how it would work:<\/p>\n

    \n
  1. An American CBDC would be integrated with data tracking and identity systems<\/strong>.<\/li>\n
  2. Every transaction\u2014whether it\u2019s a utility bill or a Christmas present\u2014would be tracked by the Federal Reserve, creating an all-encompassing system of control<\/strong>.<\/li>\n<\/ol>\n

    How is this different from today\u2019s digital transactions?<\/p>\n

    There are two key differences<\/strong>:<\/p>\n

    03:40<\/strong>
    \nThe first<\/strong> is the Unified Ledger<\/strong>, a centralized ledger under government surveillance that consolidates all transactions.<\/p>\n

    This makes it easy for the government to identify who\u2019s donating to charity and who\u2019s making purchases the government deems \u201cundesirable.\u201d<\/p>\n

    04:16<\/strong>
    \nThe second<\/strong> is programmability<\/strong>.<\/p>\n

    Here\u2019s the kicker: governments could enforce their rules in real time<\/strong>.<\/p>\n

      \n
    • Buy something the government disagrees with? Suddenly, no access to gas, groceries, or flights.<\/li>\n
    • The government doesn\u2019t want savers? They could impose negative interest rates<\/strong> on your savings, forcing you to spend.<\/li>\n<\/ul>\n

      And with the rise of digital asset tokenization<\/strong>, your home, car, or even the tree in your yard<\/strong> could be under government control.<\/p>\n

      05:29<\/strong>
      \nTo be clear, a CBDC doesn\u2019t automatically mean a social credit system, but it\u2019s an almost irresistible opportunity<\/strong> for those in power.<\/p>\n

      A CBDC is:<\/p>\n

        \n
      • Identity-linked<\/strong><\/li>\n
      • Programmable<\/strong><\/li>\n
      • Data-rich<\/strong><\/li>\n<\/ul>\n

        It\u2019s the perfect framework for ultimate control<\/strong>.<\/p>\n

        06:06<\/strong>
        \nHow much time do we have?<\/p>\n

        The government claims there are no plans for a CBDC, but momentum is building. The U.S. won\u2019t stand by while other countries explore CBDCs.<\/p>\n

        When it happens, it won\u2019t come with fanfare. It\u2019ll be subtle. They\u2019ll call it financial inclusion<\/strong>, faster payments, or a benefit for everyday Americans.<\/p>\n

        It might even be optional at first, with free CBDC money<\/strong> to entice struggling families.<\/p>\n

        But what they won\u2019t tell you is what you\u2019re giving up: your freedom, privacy, and control over your life.<\/strong><\/p>\n

        07:17<\/strong>
        \nSo, what can you do?<\/p>\n

        Here are three steps<\/strong>:<\/p>\n

          \n
        1. Awareness<\/strong>\u2014Congratulations, you\u2019ve started by watching this video. Stay informed. Talk to loved ones and build a sense of community.<\/li>\n
        2. Diversify outside the system<\/strong>\u2014Own assets they can\u2019t control, program, or erase.<\/strong><\/li>\n
        3. Act now<\/strong>\u2014Every day that passes, your window of opportunity closes.<\/li>\n<\/ol>\n

          08:56<\/strong>
          \nIf you don\u2019t already have a strategy with physical assets like gold and silver, now is the time to act.<\/p>\n

          Our team of expert analysts can help you prepare for what\u2019s coming next.<\/p>\n

          This system was never designed with us in mind, and it\u2019s about to get worse.<\/p>\n

          Thank you so much for being here. I\u2019m Taylor Kenney with ITM Trading, your trusted source for all things Gold, Silver, and lifelong wealth protection.<\/p>\n","protected":false},"excerpt":{"rendered":"

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