Advisory: Be careful of what you read on social media. The algorithms used by these platforms have no regard for Biblical truth. They target your emotions to keep you engaged on their site so their advertisers can drop more ads. These platforms exist to enrich their stockholders. Consider God’s promise to Believers in James 1:5, “If any of you lacks wisdom, you should ask God, who gives generously to all without finding fault, and it will be given to you.”
According to a new research from the Bank of International Settlements, over 90% of national central banks aim to provide their own central bank digital currencies (CBDC) to the general public (BIS).
In the autumn of 2021, the BIS polled 81 central banks on their involvement in CBDC work, as well as their motives and plans for CBDC issuance.
According to the research, a record number of banks are working on CBDC in “some form,” with a growing number in the “advanced phases” of investigating digital currency.
“Central banks actively involved in some sort of CBDC activities increased to 90% in the last year,” the authors said. “According to the survey results, central banks are particularly interested in retail CBDCs: all central banks working on CBDCs either look at wholesale and retail, or focus primarily on a retail CBDC.”
Sixty-two percent of them are “doing experiments or proofs-of-concept” to prove its viability.
According to the authors, no central bank is primarily focused on a wholesale CBDC.
The percentage of central banks establishing or executing a pilot program for a CBDC has nearly increased from 14 to 26 percent since 2021.
The authors noted, “Both Covid-19 and the appearance of stablecoins and other cryptocurrencies have hastened the work on CBDCs–especially in industrialized nations, where central banks argue financial stability has risen in significance as a motivator for their CBDC engagement.”
“Globally, more than two-thirds of central banks believe they will or may issue a retail CBDC in the short or medium term,” according to the survey. “Work on wholesale CBDCs is increasingly being driven by cross-border payment efficiency.”
CBDCs, according to the BIS paper, may essentially cut out the middlemen in financial transactions, making them operate faster, smoother, and at a cheaper cost, allowing merchants to avoid the costs they normally have to pay on debit and credit card transactions.
“Central banks view CBDCs as capable of resolving key pain points such as present payment systems’ restricted operation hours and transaction chain length,” the authors said.
The findings of the BIS survey come after the International Monetary Fund announced in a February 2022 report (pdf) that nearly 100 countries are considering issuing their own CBDCs, citing concerns that the rise in popularity of cryptocurrencies like bitcoin could stifle the growth of domestic currencies.
Unlike uncontrolled and decentralized cryptocurrencies, the value of a CBDC is fixed to a country’s currency, which means the currencies would be issued in dollars, euros, and other stable and safe currencies.
The Bahamas, Nigeria, and the Eastern Caribbean Union are among the countries that have already completely implemented a digital currency. Meanwhile, India, Sweden, Saudi Arabia, and Russia have all established CBDC pilot projects.
BIS announced in April 2022 that it has created two prototypes for a common platform that would allow international settlements using digital currencies issued by various central banks.
The technology, dubbed “Project Dunbar” and developed in collaboration with South Africa, Singapore, Malaysia, and Australia, is aimed to facilitate cross-border transactions between financial institutions utilizing multiple currencies, reducing transaction costs and time.
President Joe Biden signed an executive order in March 2022 directing that “research and development work into the possible design and deployment possibilities of a United States CBDC be prioritized.”
While supporters of CBDCs cite to advantages such as cheaper prices and faster transaction times, opponents worry that CBDCs would give the government more control over money.
In 2021, BIS general manager Agustin Carstens predicted that central banks will have “complete control over the rules and regulations that would regulate the use of that manifestation of central bank accountability, as well as the technology to enforce it.”
As i’ve said before, technological innovation is satan’s chariot. Once this Central Bank Digital Currency framework is developed, government restriction of your own funds is now a real possibility. Because the infrastructure is already there, and ready to be modified to their liking. We’ve seen plenty of things in the past few years that we never imagined would be possible. So don’t be surprised when the Central Banks decide to financially asphyxiate society to a point beyond return.
This is why it is essential to pay attention to innovation, because it will tell you what the next 30 years will look like. Once the people are shaken to the core by events like global food shortages, record breaking violence, and sickness, they’ll submit to the globalist agenda. People want their fancy cars and nice houses. There is enormous potential in investing in the new age technology. However it will all be regulated by a global government soon. Stay inquisitive in the word of God, and the world around you.
The unvaccinated devout in the US Air Force will be unable to “aim high,” as individuals requesting religious exemptions from the COVID-19 vaccinations are being grounded and discharged.
The Air Force announced that as of March 15, 2022, it has rejected 5,259 religious accommodation petitions and granted only 23. According to a lawsuit filed by 36 members of the Air Force, Air Force Reserve, and Air National Guard against President Joe Biden’s administration, the rejection percentage is 99.6%.
According to court documents, the Air Force granted at least 3,781 medical and administrative exemptions while denying most religious exemptions. Other Air Force families who are not officially involved in the case but are in the process of losing their employment are keeping an eye on the situation.
According to a Rand Corporation study, the Air Force spends around $5.5 million to train a single pilot. Attorney Kris Kobach of Kansas, who is overseeing the lawsuit, estimates that the 17 pilots in the group represent $93.5 million in taxpayer money spent on training out of the 36 Air Force clients he represents. Some of the Air Force’s most experienced flight instructors, linguists, and cyber warfare professionals make up the organization.
They are mostly stationed at Offutt Air Force Base near Omaha, Nebraska; McConnell Air Force Base in Wichita, Kansas; and a few other locations across the country.
“Most of them are senior pilots, and the idea that we would terminate these pilots, in whom the US has invested tens of millions of dollars, is absurd.” “We’re putting our readiness at risk,” Kobach told The Epoch Times. “There are a few of full-time instructor pilots from Texas, and the commander at that base complains that we aren’t training enough pilots quickly enough, but the military is pushing the removal of very experienced, highly qualified pilots and the instructors who would educate new pilots.” This is complete bullshit. In the sake of preparation, the military is sacrificing its own readiness.”
The lawsuit, filed in the United States District Court for the District of Kansas, seeks a preliminary injunction to prevent the terminations.
According to court documents, many of the plaintiffs believe that the human body is God’s temple, and that they must not put anything into it that God has banned or that might affect its functions, particularly things containing messenger RNA (mRNA). Many people do not want to utilize a product that was tested, developed, or produced using aborted fetal cell lines because it would be engaging in the abortion industry, according to the filing.
“The First Amendment does not allow governments to deny someone the free expression of their religion faith,” Kobach said. “In particular, if they treat a comparable secular activity better than the religious activity, it is highly likely to be a violation of the First Amendment.” “The military has granted hundreds of medical and administrative exemptions but almost no religious exemptions in this case.”
According to Kobach, the Air Force’s vaccination program has the effect of screening out some of the military’s most fervent Christians.
“All of these people want to stay in the military,” he remarked, referring to the active duty Air Force and the full-time Reserve. “They’ve put their hearts and souls into this career, and they intend to battle tooth and nail to maintain their place in the Air Force.” When it comes down to it, if they have to choose between their career and their faith, they will choose the latter. Denying the men and women fighting to defend our Constitution against foreign aggressors their own constitutional guarantees is a terrible way to treat them.”
The political purge inside the Department of Defense continues despite the fact that the entire nation is witnessing it occur in real time. It’s hard to say wether or not the American people will wake up to the fact that there is an organized movement under the surface that seeks to weed out all who don’t prove themselves useful to the globalist agenda.
This “agenda” is biblical prophecy, and is still widely overlooked in the Christian community; Whether it be due to lack of awareness, or simply due to being a lukewarm Christian. Either way, prophecy is prophecy for a reason. These events will come to fruition because God wills it. Let the evildoers have their victory today, because Christ will proclaim victory thereafter. Stay inquisitive in the word of God, and the world around you.
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