There’s been a lot of talk recently about Digital Currency. I have been watching this closely and I find it troubling. The Chinese government is by far the furthest along in implementing digital currency by already testing it out. Central Back Digital Currencies (CBDC) are very much becoming a reality.
What’s the benefit of a digital currency? None for the common man but everything for the those in power. CBDC would allow the government to have knowledge and control over every transaction. This move towards CBDCs would give governments the ability to even further control the wealth within the nation as they saw fit.
My mission in life is to see people live free! Freedom is often found in finding economic independence. When the government, central banks, and big business controls the distribution of wealth it creates obstacles for people to find true financial freedom. This is the danger of CBDCs. They further restrain people from finding freedom.
It has been my thought for sometime that the stimulus packages have been a precursor to the CBDC. The more the public becomes familiar and accepting of money being digitally put into their bank account by the Federal government the easier it is to implement CBDCs. This could very well be a test run. The US has been taking about digital currency already.
The monetary system is crumbling before our very eyes. It makes sense for the central banks and governments all over the world to institute this change. It will now be a matter of how they sell it to the public. The Great Reset is not a conspiracy theory. They desperately need a monetary reset.
A Great Monetary Reset is unstoppable. The system is crashing before us. Debt is at an all time high. The whole world is seeing the potential collapse due to debt. We need change. I’m just not sure it is the change they will offer us.
CBDCs make money even less desirable. In fiat currency system cash is trash. In the world of CBDCs digital cash it is even more unappealing. The solution has been to always pursue a superior form of money. I call it acquiring assets.
CBDCs won’t save us. In fact, it will make the whole thing worse. This is how desperate governments and central backs are right now. They will push this even though it will further debase their own currency.
This might seem depressing and maybe you are feeling hopeless. There’s still hope. You can avoid the coming disaster. It’s time to position yourself to be protected and profit.
Please reach out to Explore Financial Freedom to learn more.
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