CBDCs are an effort to use the Bitcoin underlying design but with a centralized administrative system. Therefore, they are just as dangerous as any other central control mechanism being devised and used by globalists and elitists.
Blockchains such Bitcoin and Ethereum Classic have no central administration and are censorship-resistant. They guarantee our fundamental rights by preventing governments and corporations from intervening in private affairs, such as our payments or apps, or changing our balances, accounts or decentralized applications.
The database was the main invention of Bitcoin that Ethereum Classic has improved with the addition of programmability. “blockchain”, is replicated by thousands of computers all over the world. All accounts and balances reside in the blockchain. This ensures that they have a high degree of redundancy, which protects them against destruction by either natural events or humans.
Ethereum Classic adds programmability to the Ethereum network. upgrade Bitcoin hosts decentralized software called “smart contracts”. The accounts and balances in the cryptocurrency can be programmed to be used with decentralized apps (or dapps), which could be anything from property registries to decentralized exchanges, where you buy, sell and register your homes and cars, to even buying groceries, gasoline, or donating to your favorite church or cause.
All the users’ accounts, decentralized applications and economic transactions can be integrated into a single system. This makes all transactions transparent and replicable for all node operators, which in this case will be all of the major banks in the world. “composable”.
CBDC designers will use the same technologies in order to monitor our transactions and to intervene if they do not like what we’re doing.
Due to their transparency and reactivity, they are able to do this in real-time. Therefore, they can block or cancel anything we do. “bad for the environment”, “hate speech”Or “immoral” Their world views will be reflected in their language.
You can, for example, financial The institutions already work with the national security agencies on monitoring who is purchasing Bibles and who is buying gas, beef or beef products to determine their level of threat. “carbon footprint”, and they are monitThe following are some examples of how to useing who is buying ‘”MAGA” or “Trump” Related products
The CBDCs will control the blockchain technology and use it to stop us from participating in the economy, if our ideologies don’t match theirs, if they don’t approve of what we say on social media, or if they don’t agree with the vaccinations they want.
Blockchains do not have the same level of integration and replication as today’s banking systems, which are owned by banks. The lack of transparency and the inability to control and monitor users and customers in real time is a result.
By imitating Bitcoin and Ethereum Classic, they can gain the benefits of the blockchain, such as transparency and modularity, but still maintain their central control policy.
AI, machine-learning, cloud computing and big data computing will give them a huge power over large sections of the population.
CBDCs are the newest form of cannabis. work They are likely Satanic forces and a Biblical prophecy, as they will be likely used to implement the Mark of the Beast as described in Revelation 13:15-17.
“This article is not financial advice.”
“Always do your own research before making any type of investment.”
Source: etherplan.com
