Stephen A. Ridley Profile picture
I write. I take photos. I used to make things that broke things (https://t.co/Rke62RnW9x). Former VC-backed founder & NYU Professor https://t.co/ccOjYkn6tI

Aug 28, 2023, 11 tweets

Did you know that the BIS (Bank of International Settlements) aka "the central bank of Central Banks" has directed all Central banks to implement their CBDC plan by 2025?

I didnt, and I follow this stuff pretty closely.
cointelegraph.com/news/central-b…

The BIS also recently stated that Gold is now a Tier 1 reserve asset. Hence the reason all the Central banks started buying up and hoarding gold recently.

they're preparing for something.

marketwatch.com/story/why-base…

If I had to guess, I suspect the prep related to the central banking crisis of 219 (that no one seems to know about). I did a thread in May with clips from Professor Vighi who did a great explanation of what happened in the leadup to lockdowns

The 2019 central banking market crash (and crumbling banking system) many say is the impetus for the "going direct" strategy outlined by Blackrock. Essentially for nations to crush small banks and centralize big ones. (we're starting to see this happen)

Big names in MacroEconomics have been talking about this for some time. Even business leaders. Jack Ma hinted at it and is (i believe) the real reason he was silenced.

Now knowing that the CBDC "mandate" came down from the BIS, I suppose this (and "going direct") is how they intend to rescue the financial system. programmable money aka CBDCs. Where purchasing habits and policy can be centrally controlled.

Also, the nomination of Secretary Omarova suddenly makes more sense. She wanted to end private banking and force Americans to bank DIRECTLY at the Fed. The government would become your bank. This would *perfectly* align with going direct.

FedNOW just came online in August... 🤔
it clearly is going to be the network platform for their inevitable CBDC.

The Treasury even announced that they may be considering all other Crypto Currencies to be threats to national security.

All the pieces seem to be falling in place.
</THREAD>

As much as the cyberpunk in me loved the idea of freedom of cryptocurrency (zcash was my jam) ... the more I learn about Macro economics, banking, and history of the West ... the more it has started to look like an intentional trap.

Endnotes:

- Good recent BRICS episode of QtR Podcast (@QTRResearch):
- Good video:
- relevant tweet: pca.st/t9rx57bp

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