I personally think that CBDCs are a risk to our freedoms and one of the most important things that a lot of people are not paying attention to.
I have watched several videos on this, here are some summaries and some good ones to check out.
How to Survive CBDCs
The video “How to Survive CBDCs” on YouTube discusses strategies and considerations for navigating the emergence of Central Bank Digital Currencies (CBDCs). The speaker explains the potential risks and benefits associated with CBDCs, highlighting concerns over privacy and control while also acknowledging the technological advancements they bring.
To survive and thrive in a future with CBDCs, the video suggests diversifying assets, staying informed about technological changes, and understanding the regulatory landscape. It emphasizes the importance of personal financial literacy and preparedness in adapting to this evolving financial environment.
For more details, you can watch the full video here.
CBDC Report You HAVE TO See! You Won’t Believe Their Plans
The video “CBDC Report You HAVE TO See! You Won’t Believe Their Plans!” from Coin Bureau delves into the extensive plans and implications of Central Bank Digital Currencies (CBDCs). It highlights several key areas:
- Introduction to CBDCs and Stablecoins: The video begins by explaining what CBDCs are and their relationship with stablecoins, underlining the difference between decentralized cryptocurrencies and these government-backed digital currencies.
- Current CBDC Pilots and Plans: A significant portion of the video is dedicated to detailing which central banks around the world are currently piloting CBDCs. The video stresses that nearly all central banks are exploring CBDCs, with many planning to implement them by the end of the decade. The presenter also covers the various stages of these pilots and the projected timelines for their broader rollout.
- Potential Uses and Features: The video discusses the intended uses of CBDCs, emphasizing their role in increasing financial inclusion and modernizing payment systems. However, it also raises concerns about potential features that could lead to increased government control and surveillance over financial transactions.
- Totalitarian Features and Privacy Concerns: A critical part of the discussion revolves around the potential for CBDCs to have totalitarian features, such as the ability to track and control individual transactions. This raises significant privacy concerns, which the video suggests could lead to unprecedented government oversight of personal finances.
- Maintaining Financial Freedom: The video offers advice on how individuals can maintain their financial freedom in a world where CBDCs become the norm. This includes diversifying assets, staying informed about technological and regulatory changes, and being prepared to adapt to new financial landscapes.
- Conclusion: The video wraps up by reiterating the importance of understanding and preparing for the changes that CBDCs will bring. It encourages viewers to stay vigilant and proactive in safeguarding their financial independence.
For more detailed information, you can watch the full video on YouTube here (YouTube) (coin bureau) (Croblanc).
The Fed’s Plan To End Money
The video “The Fed’s Plan To End Money | CBDC | What You Need To Know” explores the concept of Central Bank Digital Currencies (CBDCs) and their potential impact on the financial system. It discusses the Federal Reserve's interest in developing a digital dollar to modernize the monetary system, enhance payment efficiency, and maintain the dollar's global dominance.
The video also delves into concerns about privacy, government control, and the implications for traditional banking. It highlights both the opportunities and challenges posed by the transition to a digital currency.
For more details, you can watch the full video here.
