Who is Behind the Recent Attacks on Crypto? That’s an Easy One: BIS, the Central Banks of All Central Banks

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by Chris Black

All info taken from this Twitter thread:

about the Bank of International Settlements 2021 Annual Report:

 

  • They advocate for a global digital identity system.
  • Vaccine rollouts are a focus for economic recovery.
  • Individuals will have direct accounts with the central bank where all users are identifiable using a universal digital ID scheme.
  • Financial surveillance by central banks has increased drastically during the cov-ID era.
  • Calls for more surveillance, regulation and enforcement against Crypto Service Providers [link (www.bis.org/fsi/publ/insights31_summary.pdf)].
  • Recommends automatic ’embedded surveillance’ in crypto.
  • Shows favour towards the Chinese social credit system.
  • “In a cashless society, the general public does not have access to public money.”
  • Banks are warming up to the idea of teaming up to form a global digital ID and CBDC system.
See also  China has ordered central government agencies and state-backed corporations to replace foreign-branded personal computers with domestic alternatives within two years, marking one of Beijing’s most aggressive efforts so far to eradicate key overseas technology from within its most sensitive organs.

This is all the stuff I feared and spoke about since the start of the scamdemic.

The attack on crypto will only intensify.

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