Sponsored by the New York Federal Reserve, participants in this plan include banking giants like Wells Fargo, Citigroup, HSBC and Mastercard, just to name a few.

The pilot program – dubbed "Project Cedar" – would convert regular U.S. dollars into a brand-new type of dollar, which could have massive implications for all American citizens.

But "Project Cedar" is just the second step in a complete overhaul of the U.S. banking system.

The first step was announced on March 9, 2022, when President Biden signed Executive Order 14067.

This Executive Order gave legal provisions for this new U.S. dollar, and could give the U.S. government unprecedented control over your money and freedom.

In fact, it could even pave the way for things like:

Legal government surveillance of all U.S. citizens

Total control over your bank accounts and purchases

And the ability to silence all dissenting voices for good

 
"I've been warning about this for months," says renowned macroeconomist Jim Rickards.

"Now with the launch of 'Project Cedar', the wheels are fully in motion – and I don't believe anything can stop it."

Mr. Rickards is one of the world's foremost financial experts, and has been a respected advisor to the CIA, the Pentagon and multiple U.S. presidents.