the first time i saw this 'banker' he was speaking of the wonders of digital money and how that would enable bankers to control much of what you do, and don't, as in they could easily control all of your money and how you use it. he's the last photo on the link just in case you want to see the sort of creature that will control your financial future should you agree to go without physical money;
Bank of International Settlements chief Augustin Carstens, the man with more chins than China, has been fearlessly advocating – in between sessions of rotundity – for a cashless society and a system of central bank digital currencies.
Now I do not need to rehearse for this website’s readership why I think this whole cashless scheme to be a lousy idea that only globalooney banksters could love. If you think the cancel culture of Paypal and JP Morgan Chase is over the top, wait until they succeed (which, incidentally, I don’t think they will) in getting rid of cash altogether. If they can fine you or close your account now for no good reason, and demand you turn over your lists of donors, associates, friends &c and then they might do business with you, wait until they tell you to “think and say such and such, or lose your ability to buy food.” Catherine Austin Fitts has been warning that the whole goal is a “beast system,” with the so-called digital “currency” being nothing less than a corporate coupon. a reminder to “behave, or else.”
Fortunately, the recent behavior of big banksterdom and electronic-payments-dom has recently been so over the top tyrannicalthat they might have set that agenda back quite a few years: people rushed out of Paypal, sent the stock plummeting, and one can only hope a similar movement is underway from the “banks-too-big-to-function-efficiently-and-legally” into smaller, more responsible, and more accountable entities. In the meantime, prepare the tar and feathers, because Mr. Carstens has forgotten another problem with the scheme:
What happens when the system goes “down”? or is hacked? or hit with electro-magnetic pulse? Well, one answer is, those with cash, or gold or silver, and old fashioned hand-cranked cash registers, will still be able to – horrors of central bankster horrors – buy and sell, while those with all their money invested in Carstenselectroeurocoins will be…well, broke. The “system” may end up costing more money, than providing a steady flow of blips in the profit column of the electronic – and electronically vulnerable – ledger, as just happened in (oh delicious irony of ironies) Switzerland, home of Mr. Castens’ own central bank to central banks, the Bank of International Settlements:........more.........