CBDC May Be Closer Than We Think

BY JEFF SKINNER

STATEWIDE – In a recent tweet, the newest CEO of Twitter, and World Economic Forum darling, has stated that the collapse of our currency may be closer than we previously thought.

According to the newest CEO of Twitter, Linda Yaccarino, In her tweet related to the One23 event, the currency we all use is about to disappear.

“Because change is not going to stop,” Yaccarino said. “In fact, it’s going to keep coming. The clock is ticking…as of Sept 2024, the currency we’ve all used for years is going to disappear. We can’t slow down…which is why we’ve certified 29 new partners across 5 different categories”

The One23 event which Yaccarino was speaking at is a meeting of administrative personnel for big tech companies and old-media conglomerates. Since the purchase of Twitter by tech mogul Elon Musk, the platform has begun introducing bank level two-factor authentication, which some have argued could be a potential precursor to the introduction of a digital ID, a concept Musk has inched closer towards.

The One23 event Yaccarino spoke at took place on February 8 and featured a keynote speech from Apple Co-founder Steve Wozniak on the role of technology in society and commentary from Late Night talk show bot# 324, Jimmy Fallon.

While Yaccarino has not clarified her comments, it should be noted that Linda Yaccarino has been the chairperson of the World Economic Forum’s Taskforce on Future of Work and sits on the WEF’s Media, Entertainment and Culture Industry Governors Steering Committee.

Among some of the more controversial agendas from the WEF has been the push for a Central Bank Digital Currency, or CBDC. The proposed CBDC concept would use a similar structure to Bitcoin, in which all currency transactions are accounted for in a cyberspace ledger called a “block chain” and all transactions could be monitored and, to an even greater extent, controlled. One of the biggest advantages to a CBDC for a proponent of centralized control is the ability to set expiration dates to currency issued, influence or control what the currency can be spent on, with the eventual hope to link said currency to a social credit monitoring system.

If Yaccarino is to be believed, the implementation of such a system that would effectively spell the end of purchases outside the watchful eye, and controlling arm, of public-private partnerships is a little over a year away. Any bulwark citizens could construct against that coming storm now has a time limit to be enacted of September 2024.

Read more