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IPFS News Link • Economy - Economics USA

David DuByne: US gov't accelerated collapse of financial institutions to introduce CBDCs...

•, by: Belle Carter

"Adapt 2030" host David DuByne has denounced the U.S. government for pushing central bank digital currencies (CBDCs) that it previously deemed "unthinkable." During the April 14 edition of his program on Brighteon.TV, he slammed Washington for accelerating the collapse of financial institutions to introduce CBDCs.

"This is a track-and-trace digital ID that puts a social credit score in play. Now, why would they do that? Well, they need to track you and your resources and the destruction that's going to accompany these natural as well as man-made economic collapses. They're going to want to know who's alive at the end of it," DuByne said.

In particular, he zoomed in on the Improving Digital Identity Act that the Senate Homeland Security and Governmental Affairs Committee passed in an 11-1 vote. If it becomes law, an interagency task force to support "reliable, interoperable digital identity verification in the public and private sectors" may be established.

"I cannot believe with a straight face that those in our elected bodies had voted to track every American via the passing of the digital identity bill," DuByne commented. "Now it is going to head off to the Senate, it's going to go through the floor."

The "Adapt 2030" host also mentioned that the Digital Currency Monetary Authority (DCMA) unveiled the concept of the universal monetary unit (UMU). The UMU is essentially an international version of a CBDC that can be used for transactions in any nation recognizing it.