Central Bank Digital Currency

The risks associated with a CBDC are endless because government’s authority will grow stronger.  It is all about control.

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…..So they could not buy or sell unless they had the mark, which is the name of the beast or the number of its name.  Revelations 13:17

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FACT

AT SOME POINT IN TIME, DATE TO BE DETERMINED, ALL THE COINS AND CURRENCY IN CIRCULATION WILL HAVE TO BE SURRENDERED TO THE GOVERNMENT AND EXCHANGED FOR DIGITAL ONLY CURRENCY.  ANY PAPER MONEY OR COINAGE NOT EXCHANGED BY THAT DATE WILL BE WORTHLESS AND NOT SPENDABLE IN COMMERCE.  IT WILL BE JUST SO MUCH SCRAP PAPER AND JUNK METAL.

“WE ARE YOUR GOVERNMENT AND ARE HERE TO HELP YOU”

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A WHIMSICAL AND EVEN CYNICAL LOOK AT WHAT WE CAN EXPECT FROM OUR LORDS IN WASHINGTON IN A REAL WORLD COMING EVENT

We are being told that we are within perhaps months of our government converting most of us (ruling class excepted)  to a digital currency and cashless society.  All of us would have an individual digitized sort of “pre-paid” “debit” card.  At some point in the future it is planned that you will no longer need to carry a card, your number could simply be implanted by tattoo in your forehead. 

Digital currency is already being launched in Europe and will likely be implemented here in the U.S. in a similar way.  In at least one country it is being introduced with transactions above $1,000 being allowed only with digital “currency” during the initial phase.  No cash, no checks, no paper currency, no magic beans, no IOU’s, zero, zip, nada.  Only digital transactions.  During the introductory period “regular” cash, checks and credit card transactions will be permitted for transactions of less than $1,ooo.

HERE IS WHAT WE IN THE UNITED STATES CAN EXPECT

First: A Government announcement which will sound something like this: 

Your government has put together a carefully selected diverse committee to implement a transition and evolution from a tired and failing system of coins, currency and checking accounts to an equitable and inclusive 21st Century method of handling all your financial needs. 

This committee was comprised of carefully selected and  trained experts in financial management in a Diverse, Equity and Inclusive environment and whose members had previously honed their financial skills at the Silicon Valley Bank in California.  Heading up this committee was the Vice President of the United States, Kamala Harris, to share her own skills, expertise and articulate style to fine tune the conversion plan.  

Also joining the committee were members of the Treasury Department and Federal Reserve to share their expertise in proper money discipline and management with their years of experience in managing and growing the nations 31+Trillion Dollar Debt.  A further addition to the team was  Congress person Alexandria Ocasio Cortez with her degree in Math and Finance.  One of the committee members was overheard welcoming “AOC” to the committee, adding something about a fish needing a bicycle.

In her opening statement to the committee Vice President Harris stated that it was her intent to lead them as they plan their work and work a plan and then implement the plan to work with the American people on a financial plan in a planned way that will work for them as they plan their financial futures.  Also something about a yellow school bus and craters on the moon but not all of it was caught in the recording.  The Vice President also shared with them her personal six ‘P’ guide for success: 

“People Planned Plans Provide Plan Performance” 

Rollout of the approved plan is expected as soon as the Committee’s chosen Digital Currency Czar and Administrator, former Congress person “Fast Freddy Finegold” is released from prison on his conviction for Racketeering and Credit Card Fraud.

Second:  Expect Government to roll out a carefully crafted introduction to sell you on this new Digital Currency by pointing out all the benefits of the plan.  For example; you will no longer need to plan your own finances, handle filthy currency, write checks or even make sometimes difficult buying decisions.  Since all of your information, supplied by metadata algorithms from Google, including medical history, past purchase records, food preferences, etc. etc. will be stored on your new digital money card.   A no name, faceless bureaucrat in a cubicle in Washington D.C. or perhaps an A.I. Robot, will be able to “help you” discipline your spending with a few keystrokes by activating or deactivating your digital currency for certain items.  Limit or prohibit your purchase of gasoline for your car for example. They/it can even allow you to purchase only certain WOKE approved products from certified WOKE approved companies.  This will make your shopping decisions much easier.  Feeling better already aren’t you!

Third: Expect the government to extol the potential crime reduction possibilities by making it more difficult to engage in criminal activities.  In concept, if you do not have any cash available, your street corner seller of illegal drugs is not going to sell to you.  However, not to worry, the criminal element will always find a way around any laws.  Your local dealer might not be able to sell you Crack Cocaine but he can sell you a bag of dried fish or whatever (wink – wink).  The same with all other criminal endeavors.  You don’t really think the drug cartels, organized crime or disorganized crime will simply go out of business do you?  Remember Prohibition?

Finally, take comfort in the fact that the Committee had the complete plan and all its details declared “Top Secret” and the “Eyes Only” Document securely placed in a half empty case of “Bud Light” stored on a shelf behind President Biden’s Corvette in his Delaware residence garage.  Further security is provided by a $4 Chinese combination padlock on the garage door with only the President, his son Hunter and one un-named business associate having the combination to the padlock.  That should do it.

“The Plan” of course excludes the Ruling Class. Their “Digital Currency Cards” will have no spending limits, no “disciplined” bureaucratic monitoring, no tracking of what they buy,  just unlimited buying power without explanations or consequences.  

What could possibly go wrong.  Your Government at work.

Bob Bandy – April 2023