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IPFS News Link • World Economic Forum

World Economic Forum Boasts That 98% Of Central Banks Are Adopting CBDCs

•, ZeroHedge

CBDC programs will involve the tokenization of assets, or digital tokens that represent underlying assets like real estate, equities, digital art, intellectual property and even cash. The WEF report, titled 'Modernizing Financial Markets With Wholesale Central Bank Digital Currency' proposed two models for bringing tokenization into the monetary system that include 1) Bring CBDCs and tokenized assets on to a common unified ledger, a one world centralized digital currency system, and 2) pursue incremental progress by creating interlinking systems. 

The WEF and the Bank for International Settlements (BIS) are acknowledging the difficulty of introducing such a system without opposition, so, they are recommending incremental introduction using "interlinking systems" (attaching CBDCs to paper currencies and physical contracts and then slowly but surely destroying those assets and making digital the new norm).

Whatever happened to the WEF?  One minute they were everywhere in the media and now they have all but disappeared from public discourse.  After the pandemic agenda was defeated and the plan to exploit public fear to create a perpetual medical autocracy was exposed, Klaus Schwab and his merry band of globalists slithered back into the woodwork.  To be sure, we'll be seeing them again one day, but for now the WEF has relegated itself away from the spotlight and into the dark recesses of the Davos echo chamber. 

Much of their discussions now focus on issues like climate change or DEI (Diversity, Equity, Inclusion), but one vital subject continues to pop up in the white papers of global think tanks and it's a program that was introduced very publicly during covid.  Every person that cares about economic freedom should be wary of Central Bank Digital Currencies (CBDCs) as perhaps the biggest threat to human liberty since the attempted introduction of vaccine passports.