Discover and read the best of Twitter Threads about #CBDCs
Most recents (24)
1) 𝐴𝑠 𝑒𝑛𝑣𝑖𝑟𝑜𝑛𝑚𝑒𝑛𝑡𝑠 𝑐ℎ𝑎𝑛𝑔𝑒, 𝑠𝑜 𝑑𝑜𝑒𝑠 𝑦𝑜𝑢𝑟 𝑝𝑜𝑟𝑡𝑓𝑜𝑙𝑖𝑜.
→ 𝗠𝘆 𝘂𝗽𝗱𝗮𝘁𝗲𝗱 𝗽𝗼𝗿𝘁𝗳𝗼𝗹𝗶𝗼
Everything I hold and expect to do really well for months or years to come 🧵👇
→ 𝗠𝘆 𝘂𝗽𝗱𝗮𝘁𝗲𝗱 𝗽𝗼𝗿𝘁𝗳𝗼𝗹𝗶𝗼
Everything I hold and expect to do really well for months or years to come 🧵👇
2) My portfolio will be split in 2 parts:
• Large holdings
• Low holdings
My large holdings can be seen as the main core.
My low holdings are riskier bets with a smaller %.
Both deserve their own section.
Raked from high mc to low.
⏩ Main holdings first ↓
• Large holdings
• Low holdings
My large holdings can be seen as the main core.
My low holdings are riskier bets with a smaller %.
Both deserve their own section.
Raked from high mc to low.
⏩ Main holdings first ↓
#CBDCs are an instrument that can be fully weaponized by the governments and central banks to monitor and control every transaction of its citizens. If you think you are free now with cash, wait until you have your freedoms with #CBDCs
A thread 🧵for your awareness👇
A thread 🧵for your awareness👇
Here’s a prev 🧵 on #CBDCs
Damn mist these left of the virgin 1 year ago
#IAmWhatIAm the telecommunications company Virgin Media O2; and EY, one of the UK’s big four accountancy firms.
2020 Ernst & Young Global Limited, a UK company limited by guarantee,
ey.com/en_gl/forensic…
#IAmWhatIAm the telecommunications company Virgin Media O2; and EY, one of the UK’s big four accountancy firms.
2020 Ernst & Young Global Limited, a UK company limited by guarantee,
ey.com/en_gl/forensic…
Richard Branson's Virgin private health firm wins £2m in taxpayer cash after suing the NHS for 'serious flaws' when they lost a £82million contract to provide children's medical services...
dailymail.co.uk/news/article-5…
dailymail.co.uk/news/article-5…
Virgin Care, which successfully sued the #NHSCrisis
It sued six clinical commissioning groups (CCGs) in Surrey, Surrey County Council and NHS England after it lost out on a £82m contract to run children's services in the area in 2016. The contract... yorkpress.co.uk/news/national/…
It sued six clinical commissioning groups (CCGs) in Surrey, Surrey County Council and NHS England after it lost out on a £82m contract to run children's services in the area in 2016. The contract... yorkpress.co.uk/news/national/…
We tend to believe in everything the Mainstream Media tell us. This weakness alone is having a profound impact on our society. Most of the population is victim of a propaganda so carefully crafted, they don't even detect it.
1/15
1/15
While we fight with each other thinking that we have a choice, in politics for example, we don't realise that both Conservatives and Labour (Democrats in US) are controlled by the same powers. In UK the Labour Party is effectively dead, replaced by a Tory Party in red.
2/15
2/15
Many think that choosing the "less bad" is a good enough choice. It isn't! Not even close. Those who think that way are completely unwilling to accept that they are only doing the interests of the rich and powerful who are giving them the illusion of a choice.
3/15
3/15
2/13: First off, CBDCs are central bank-issued and backed digital currencies.
They digitally represent a country's fiat currency and can be divided into 2 types: retail CBDCs (for the general public) and wholesale CBDCs (for financial institutions & interbank settlements).
They digitally represent a country's fiat currency and can be divided into 2 types: retail CBDCs (for the general public) and wholesale CBDCs (for financial institutions & interbank settlements).
3/13: CBDCs vs. the Current System.
CBDCs differ from the current financial system. They're digital currencies, unlike the current system, which is based on physical cash and electronic bank deposits. And then there's the whole thing with retail and wholesale CBDCs...
CBDCs differ from the current financial system. They're digital currencies, unlike the current system, which is based on physical cash and electronic bank deposits. And then there's the whole thing with retail and wholesale CBDCs...
"Central Bank Digital Currency is about government-sanctioned surveillance and control." —@TulsiGabbard
"This device is not a pilot but rather already going to be part of the technological tools the NYPD has at its disposal. It will be used in hostage negotiations, counterterrorism incidents and other situations as needed."
nbcnewyork.com/news/local/say…
nbcnewyork.com/news/local/say…
American War of Independence 1775-1783
President Trump grandmother was scottish can't build wall's but other countries can!.
The Protestant message in Scotland arguably only fully crystallised when Swiss reformers John Calvin rather than the German ones,
highlandclearances.net/the-highlander…
President Trump grandmother was scottish can't build wall's but other countries can!.
The Protestant message in Scotland arguably only fully crystallised when Swiss reformers John Calvin rather than the German ones,
highlandclearances.net/the-highlander…
The Highland Clearances changed all that however, and altered a distinct and autonomous way of life. The reasons for the highland clearances essentially came down to two things: money and loyalty.
historic-uk.com/HistoryUK/Hist…
historic-uk.com/HistoryUK/Hist…
Some suggest Albert may have suffered from the deafness that also afflicted his mother, or even petit mal seizures that delayed his intellect—which makes the next part of his life more than a little ironic
factinate.com/people/prince-…
factinate.com/people/prince-…
Thread:
Vaccine passports, central bank digital currencies & digital ID are not for our virtue, security and convenience. It’s all about government control, power and a reduction in our freedoms.
#CBDCs
Vaccine passports, central bank digital currencies & digital ID are not for our virtue, security and convenience. It’s all about government control, power and a reduction in our freedoms.
#CBDCs
It’s the complete digital identification of everything - money, health, energy and travel. It will be framed as “for your safety and convenience”, but in reality it’s for their control, surveillance, power and greed.
#DigitalID
#CBDCs
#DigitalID
#CBDCs
Central Bank Digital Currencies are being piloted under the radar in many countries around the world. And when they are fully rolled out, they will be sold to the public as “for our convenience”. Don’t be fooled by the snake oil sales pitch. It’s all about control.
#CBDCs
#CBDCs
Starting at 14:00 London time today:
@gverdian will be appearing on @FutureofFinanc3's panel discussing how CBDCs will happen in the major global currencies.
Register here: futureoffinance.biz/is-this-how-cb…
Or follow us for live highlights.
#CBDC #CBDCs #DigitalCurrency
@gverdian will be appearing on @FutureofFinanc3's panel discussing how CBDCs will happen in the major global currencies.
Register here: futureoffinance.biz/is-this-how-cb…
Or follow us for live highlights.
#CBDC #CBDCs #DigitalCurrency
@gverdian @FutureofFinanc3 Joining @gverdian will be:
Todd Ricardo Correia, from @inside_r3;
Barney Reynolds, Partner, Global Head Financial Institutions, at @ShearmanLaw; and
Keith Bear, Fellow at the Centre for Alternative Finance, @CambridgeJBS.
The panel will be moderated by @Dominic_Hobson.
Todd Ricardo Correia, from @inside_r3;
Barney Reynolds, Partner, Global Head Financial Institutions, at @ShearmanLaw; and
Keith Bear, Fellow at the Centre for Alternative Finance, @CambridgeJBS.
The panel will be moderated by @Dominic_Hobson.
In 2012 Minister Noonan brought in the Central Bank to be the regulator of Credit Unions (for your safety) 🙄
In reality he was preparing the ground work for CBDCs😉
#CBDCs #Cash
In reality he was preparing the ground work for CBDCs😉
#CBDCs #Cash
April 2012: There are 404 credit unions in the Republic with about 3 million members & assets of about €14 billion
Minister for Finance Michael Noonan has said he is to establish a Restructuring Board in the coming weeks to implement the recommendations…
irishtimes.com/business/finan…
Minister for Finance Michael Noonan has said he is to establish a Restructuring Board in the coming weeks to implement the recommendations…
irishtimes.com/business/finan…
Sep 2012: New regulations for credit unions
Irish credit unions must keep a set amount in a deposit protection account with the Central Bank from the end of November... in return for protection offered under the Deposit Guarantee Scheme...
irishtimes.com/business/finan…
Irish credit unions must keep a set amount in a deposit protection account with the Central Bank from the end of November... in return for protection offered under the Deposit Guarantee Scheme...
irishtimes.com/business/finan…
🧵 SUPER HILO sobre #Bitcoin , el año #Shémita y el Gran Reseteo Económico.
Tópicos:
· ¿Qué es el año Shémita?
· Los 7 Shémitas
· El Super Shémita (Año del Jubileo)
· ¿Cómo encaja Crypto en todo esto?
· La próxima crisis
· #CBDCs y la Crypto Guerra
· The Great Reset
👇👇👇👇
Tópicos:
· ¿Qué es el año Shémita?
· Los 7 Shémitas
· El Super Shémita (Año del Jubileo)
· ¿Cómo encaja Crypto en todo esto?
· La próxima crisis
· #CBDCs y la Crypto Guerra
· The Great Reset
👇👇👇👇
1) ¿Qué es el año Shémita?
El año Shémita (Shmita o año sabático) es un concepto del calendario Judío que se repite cada 7 años.
Dios le ordenó al pueblo de Israel, guardar el día de descanso (Shabbath), pero también ordeno guardar el séptimo año (Shémita).
"Pero el séptimo… twitter.com/i/web/status/1…
El año Shémita (Shmita o año sabático) es un concepto del calendario Judío que se repite cada 7 años.
Dios le ordenó al pueblo de Israel, guardar el día de descanso (Shabbath), pero también ordeno guardar el séptimo año (Shémita).
"Pero el séptimo… twitter.com/i/web/status/1…
El Shémita también se puede traducir como un año de Juicio y sacudimiento.
Cuando Israel se olvido y se alejo de Dios, el año Shémita se volvió en un año de Juicio para la nación.
Históricamente, el Shémita ha sido asociado con el declive de imperios y amazon.com.mx/El-Misterio-de…… twitter.com/i/web/status/1…
Cuando Israel se olvido y se alejo de Dios, el año Shémita se volvió en un año de Juicio para la nación.
Históricamente, el Shémita ha sido asociado con el declive de imperios y amazon.com.mx/El-Misterio-de…… twitter.com/i/web/status/1…
#FederalReserve is the largest central bank in the world.
Citizen vs. State: If you look at the original founding principle objectives of the federal reserve, you can’t find a single one which benefits the citizen. The fifth objective is clearly a great lie we’ve all been… twitter.com/i/web/status/1…
Citizen vs. State: If you look at the original founding principle objectives of the federal reserve, you can’t find a single one which benefits the citizen. The fifth objective is clearly a great lie we’ve all been… twitter.com/i/web/status/1…
Here’s a prev 🧵 on #FederalReserve
Just an FYI. I tweet from my readings and curated knowledge of the masses. I’m no banking contagion expert 😂
Remember when the government unintentionally, incompetently or deliberately destroyed hundreds or thousands of small businesses and drove sales at big box retailers like Target and Walmart to all time highs with their Covid response?
We could be seeing a similar, selective ‘mistake’ here with small banks and the ‘Too Big to Fail’ banks.
Depending on whether uninsured depositors of #SVB are offered some relief, we could see a widespread systemic bank run in nearly all non-systematically important banks.
Depending on whether uninsured depositors of #SVB are offered some relief, we could see a widespread systemic bank run in nearly all non-systematically important banks.
The contagion effects would be economically devastating, but it would accomplish at least one benefit for the US Security State.
By funneling most domestic deposits into a handful of TBTF banks, it makes the rollout of #CBDCs a lot easier to orchestrate.
By funneling most domestic deposits into a handful of TBTF banks, it makes the rollout of #CBDCs a lot easier to orchestrate.
1) You asked and I promised.
"My ultimate survival portfolio"
The result of thousands of hours of research.
Everything I hold and expect to do really well for months or years to come 🧵👇
(fade at your own risk)
"My ultimate survival portfolio"
The result of thousands of hours of research.
Everything I hold and expect to do really well for months or years to come 🧵👇
(fade at your own risk)
2) My portfolio will be split in 2 parts:
• Large holdings
• Low holdings
My large holdings can be seen as the main core of my portfolio.
My low holdings are riskier bets with a small % of allocation.
Both deserve their own section.
⏩ Main holdings first ↓
• Large holdings
• Low holdings
My large holdings can be seen as the main core of my portfolio.
My low holdings are riskier bets with a small % of allocation.
Both deserve their own section.
⏩ Main holdings first ↓
3) $ETH
This one hardly deserves an introduction.
The mother of all #DeFI and the foundation of every layer 2.
The only one I consider the safest hold in the entire market to park my profits in next to stables.
Even placing it above $BTC.
⏩ Currently sitting at 170b mc.
This one hardly deserves an introduction.
The mother of all #DeFI and the foundation of every layer 2.
The only one I consider the safest hold in the entire market to park my profits in next to stables.
Even placing it above $BTC.
⏩ Currently sitting at 170b mc.
The 2022 UCC Amendments help promote stability & predictability in commercial transactions related to a variety of cryptocurrencies (whether intrinsic, non-intrinsic, NFT, or otherwise). A thread clarifying some of the critiques by @theblaze's Daniel Horowitz & @1MarkMoss 1/n
@theblaze @1MarkMoss First, it is worth noting that the UCC is maintained as a joint project of the Uniform Law Commission and the American Law Institute. I am neither a ULC commissioner, nor a member of the ALI. I am a #law #prof @SMULawSchool & have been a #blockchain lawyer since 2011-ish 2/n
@theblaze @1MarkMoss @SMULawSchool I was, however, an observer on the 2022 UCC Amendments project over the long-haul of the project, and it was a long-haul - years in a process that was open to the public for participation...I am not sure changes to the UCC have ever been accused of being "sudden" before 3/n
[1/🧵] @DigiEuro interviewed @moderndosh and @AntonyWelfare on the @Ripple #CBDC-Manager software.
The underlying private #CBDC-ledger based on #XRPL was also heavily discussed.
I summarized the most of the interview for you, along with my personal comments. 🧵👇
The underlying private #CBDC-ledger based on #XRPL was also heavily discussed.
I summarized the most of the interview for you, along with my personal comments. 🧵👇
[2/19] To begin, if you are completely unfamiliar with #CBDCs and the #Ripple solution, here is a nice place to start:
[3/19] One important reason for using a private version of the public #XRPL is that a central #bank needs to be able to control the #money supply.
Why use a private ledger ❓
▶️ Central banks and #governments must be able to mint and destroy #currencies.
Why use a private ledger ❓
▶️ Central banks and #governments must be able to mint and destroy #currencies.
[1/12] To understand what else is needed to create a financial future based on #blockchain technology, just consider what the #Interledger #Protocol was NOT designed to do. 😉
[A #Thread 🧵]
[A #Thread 🧵]
[2/12] 🤔 What problem does #ILP genuinely address?
Just like the #internet will never agree on a single #protocol to fix everything, the world will never agree on a single #blockchain or ledger [#DLT].
What must be resolved is:
🔹 Addressing
🔹 Fragmentation
Just like the #internet will never agree on a single #protocol to fix everything, the world will never agree on a single #blockchain or ledger [#DLT].
What must be resolved is:
🔹 Addressing
🔹 Fragmentation
{𝗧𝗵𝗿𝗲𝗮𝗱}
We are sleepwalking towards tech totalitarianism. This dystopian and illiberal premise is not who we are or ever should become. We must never become a ‘show us your digital papers’ QR code society. We are not China.
We are sleepwalking towards tech totalitarianism. This dystopian and illiberal premise is not who we are or ever should become. We must never become a ‘show us your digital papers’ QR code society. We are not China.
The very essence of liberalism is a willingness to respect or accept behaviour or opinions different from one’s own, show an openness to new ideas and freedom of choice. And right now, we appear to be losing these fair-minded and balanced liberal values.
We have allowed ourselves to be blindsided by government, behavioural scientists and media under the auspices of “safety and convenience”. A psychological manipulation to act as a mask for the government to hide behind whilst making appallingly draconian political decisions.
This Bank for International Settlements spokespig explains that they consider your money to be their "expression of Central Bank liability". And naturally they want to control what's theirs.
#CBDCs
#CBDCs
"The goal is actually on the monetary side - that is the prize that they're aiming for: they're aiming for CBDCs connected to digital IDs. And that means we're talking about the most totalitarian control system in human history"
rumble.com/v2athxq-conver…
rumble.com/v2athxq-conver…
CBDCs are programmable.
"there's never been such a powerful control tool as they're about to introduce" —@ProfessorWerner
rumble.com/v2athxq-conver…
"there's never been such a powerful control tool as they're about to introduce" —@ProfessorWerner
rumble.com/v2athxq-conver…
Former Bank of England Governor Lord King destroys the case for CBDCs - see his analysis in the thread below.
So why is the Bank of England still pressing ahead?
#CBDCs #CBDC #Britcoin
So why is the Bank of England still pressing ahead?
#CBDCs #CBDC #Britcoin
"CBDCs are about ways of making payments; they are not a new currency."
"Whether a country needs a CBDC is really about the state of its current payments system," he pointed out in the House of Lords this month..
"Whether a country needs a CBDC is really about the state of its current payments system," he pointed out in the House of Lords this month..
"What are the problems in our payments system to which a CBDC might be the answer? .... There are no problems to which a CBDC is the only, or even the most obvious, answer."
"Our payments system is more efficient than those in most other countries, certainly the United States."
"Our payments system is more efficient than those in most other countries, certainly the United States."
Vaccine passports, central bank digital currencies & digital ID are not for our security and convenience. It’s all about government control, power and a reduction in our civil liberties.
Thread/
#CBDCs
Thread/
#CBDCs
It’s the digital identification of everything - money, health, energy and travel. It will be framed as “for your safety and convenience”, but in reality it’s for their control, surveillance, power and greed.
#DigitalID
#CBDCs
#DigitalID
#CBDCs
Central Bank Digital Currencies are being quietly piloted in many countries around the world. And when they are fully rolled out, they will be sold to the public as “for our convenience”. Don’t be fooled by the snake oil sales pitch. It’s all about control.
#CBDCs
#CBDCs
The House of Lords Economic Affairs Committee has attacked CBDCs, saying that they are a “solution in search of a problem.”
Here we list some of the threats and risks identified by the House of Lords.
A thread:
#CBDC #CBDCs #KeepCash
Here we list some of the threats and risks identified by the House of Lords.
A thread:
#CBDC #CBDCs #KeepCash
PRIVACY:
“A CBDC system could not support anonymous transactions....
This lack of anonymity is to prevent CBDCs facilitating large-scale criminal activity, and to ensure a CBDC system complies with national disclosure laws that apply to payments"….
“A CBDC system could not support anonymous transactions....
This lack of anonymity is to prevent CBDCs facilitating large-scale criminal activity, and to ensure a CBDC system complies with national disclosure laws that apply to payments"….
“This means payments data on CBDC users would exist and would be accessible to some authority or institution.
There is concern about the potential for state surveillance.”
Of course the tax authorities, with their strong investigatory powers, would get hold of CBDC data.
There is concern about the potential for state surveillance.”
Of course the tax authorities, with their strong investigatory powers, would get hold of CBDC data.
Move over, #Bitcoin! 🚀 Central Bank Digital Currencies (#CBDCs) are the newest players in town.
But what are they, and why are governments creating them? 🤔
Let's dive in: (Thread 🧵 Alert 🚨)
But what are they, and why are governments creating them? 🤔
Let's dive in: (Thread 🧵 Alert 🚨)
CBDCs or Central Bank Digital Currencies are essentially digital versions of fiat currencies issued by central banks.
They exist for a variety of reasons, including:
👉 Improved efficiency and lower transaction costs for payments
They exist for a variety of reasons, including:
👉 Improved efficiency and lower transaction costs for payments
👉 Increased financial inclusion by providing access to digital payments for everyone
👉 Reduced reliance on cash, which can be costly to print, distribute, and handle
👉 Combating illicit activities by providing traceable digital payments
👉 Reduced reliance on cash, which can be costly to print, distribute, and handle
👉 Combating illicit activities by providing traceable digital payments
#CBDC #CBDCs give more power to the government and less power to people using them as means of exchange. Your government could stop your financial transactions at a moments notice just like PayPal/Venmo/Zelle stopping people from using its services, state will do the same like… twitter.com/i/web/status/1…
Here’s a prev thread on #CBDCs
Here’s the original thread on #CBDCs
