Friday, October 18, 2019

Bank of Canada wants Digital Currency in order to Track how People Spend Money







Isn't the point of cash to protect your data from the government! Cash payments have been steadily declining since 2011, when contactless credit and debit cards gained popularity. Despite the convenience of contactless cards, cash still maintained a significant portion of the monthly spend in terms of volume and value. Today Eighty-five per cent of Canadian consumers are now paying with either debit or credit on a regular basis.In the past, many articles claimed cash is king in Canada, but is this still the case in 2019? Cash is still king in some quarters. How would the homeless and the panhandle profession thrive without small bills and loose change. Not to mention drug dealers. There would be an underground currency developed within days of any government banning cash. Even politicians need cash for pay offs . Welcome to The Atlantis Report . Cash is freedom. Government monitoring and having the ability to control all transactions between its citizens is slavery. It is something the governments s will use to reward their friends and punish their enemies. We are entering the time of the liberal Fascist , as The Bank of Canada is exploring the possible opportunities and challenges related to launching its own digital currency. The central bank purportedly believes that a public central bank digital currency (CBDC) could be the answer to the direct threat that cryptocurrencies apparently present. The document, titled “Central Bank Money: The Next Generation,” was reportedly prepared for the current Governor of the Bank of Canada, Stephen Poloz, for a September 2018 board meeting and was presented as part of a two-year research project on whether or not the bank should launch its own CBDC. On Oct. 17, an internal source at the Bank of Canada confirmed to Cointelegraph that the presentation did in fact happen. The author of the document, Stephen Murchison, wrote at the time: “We need to innovate to stay in the game. the CBDC would have all the benefits [of a central bank-backed asset] and all the convenience and security of wireless, electronic payments.” According to the document, one of the benefits to the Canadian central bank of launching its own digital currency would be the ability to collect more information on its citizens than is possible when people use cash. These personal details wouldn’t be shared with the payee, but could be shared with police or tax authorities, the document reads. This is truly scary. One day you will check your digital balance and it will be zero due to some bug or hackers. Do we really want the government to know about every single financial transaction in your life? Sure, this system would root out some crooks. But at the same time, it would eliminate important aspects of privacy and would make citizens far more vulnerable to authoritarian control, of the kind we see in China (social credit system). We could probably create a society in which crime is no longer possible; unfortunately, such a society would no longer be fully human. Sometimes we have to choose between freedom and security. I choose freedom with all its attendant risks. Government already has a massive presence in our lives. Inviting it to surveillance our financial lives even more than it already does is frankly insane. As for the underground economy, yes, it's there and it's a problem. The problem would be largely solved if government would reduce its presence and relieve the tax burden for citizens . It is none of any Government's damn business how and where I spend my money. This is just another step in the UN agenda , the untouchable elite's move towards a world dictatorship and it is very scary. Enjoy what little freedom, democracy and free speech we currently have. It will be a distant memory in 20 years. We live in a time of ever-expanding intrusion of the state into our private lives. Now the government will be able to collect tax on every single financial transaction and spy on us to boot. Sweden already has hardly any cash system left. This is good for no one except those who love to monitor and control the masses, i.e. authoritarian psychopaths who masquerade as public servants. People need to realize: government is no longer for the people. Citizens are there for for the government. What is envisioned by the central bankers is a form of statism and it should be strongly resisted. Freedom is a fragile reality. We should resist any further attacks upon it. Tracking every aspect of our personal spending constitutes a major step towards the implementation of a Social Credit ranking system like they have in Mainland China.Very worrisome to see Canada go the way of China and the globalist agenda of total control and surveillance. Everybody get in line for your 666 chip insertions.










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“Control oil and you control nations; control food and you control the people.” Henry Kissinger


once a standing army is established, in any country, the people lose their liberty.”
George Mason

“Military men are dumb, stupid animals to be used as pawns for foreign policy.”
Henry Kissinger

“If you are an ordinary person, then you can prepare yourself for war by moving to the countryside and building a farm, but you must take guns with you, as the hordes of starving will be roaming. Also, even though the elite will have their safe havens and specialist shelters, they must be just as careful during the war as the ordinary civilians, because their shelters can still be compromised.”
Henry Kissinger

"We don't let them have ideas. Why would we let them have guns?" Joseph Stalin

The people who cast the votes decide nothing. The people who count the votes decide everything.
Joseph Stalin

Governments keep a lot of secrets from their people . . .
Why aren't the people in return allowed to keep secrets
from the government?

PHILIP ZIMMERMAN, DER SPIEGEL

“Some call it Communism, I call it Judaism.”

Rabbi Stephen Weiss

“Anti-Communism is Anti-Semitism.”
Jewish Voice, July - August 1941

Taxing People is Punishing Success
UNKNOWN

There's the rich, the poor, and the tax payers...also known as the middle class. Robert Kiyosaki

The Tax you pay is The Bill for Staying Stupid

Stefan Molyneux


“The modern banking system manufactures money out of nothing. The process is, perhaps, the most astounding piece of sleight of hand that was ever invented. Banks can in fact inflate, mint and un-mint the modern ledger-entry currency.” Major L L B Angus

The few who understand the system will either be so interested in its profits or so dependent on its favours that there will be no opposition from that class, while on the other hand, the great body of the people mentally incapable of comprehending the tremendous advantage that capital derives from the system will bear its burdens without complaint and perhaps without even suspecting that the system is inimical to their interests.
The Rothschild Bros

"Debts must be collected, bonds and mortgages must be foreclosed as rapidly as possible. When, through a process of law, the common people lose their homes they will become more docile and more easily governed through the influence of the strong arm of government, applied by a central power of wealth under control of leading financiers.

This truth is well known among our principal men now engaged in forming an imperialism of Capital to govern the world.

By dividing the voters through the political party system, we can get them to expend their energies in fighting over questions of no importance. Thus by discreet action we can secure for ourselves what has been so well planned and so successfully accomplished."

USA Banker's Magazine, August 25 1924


Cutting Tax Rates stimulates Economic Growth creates more Profit , more Jobs and therefore The Treasury ends up with more Tax Money
UNKNOWN

Taxation is legalized Theft
UNKNOWN

"The Objective of the Bank is not the control of a conflict , it's the control of the debt that a conflict produces . The real value of a conflict , the true value is in the debt that it creates . You control the debt , you control everything . this is THE VERY ESSENCE OF THE BANKING INDUSTRY , to make us all , whether we be nations or individuals , SLAVES TO DEBT " An UNKNOWN Banker

Patriotism is the last refuge... to which the scoundrel clings .... Steal a little and they throw you in jail ..steal a lot and they make you king ....

Bob Dylan


"Corporations are stealing billions in tax breaks, while the confused, screwed citizenry turn on each other. International corporations have no national allegiance, they care only for profit." Robert Reich


There is NO political answer to a spiritual problem!
Steve Quayle


Po
litical Correctness is a Political Stand Point that does not allow Political Opposition , This is actually The Definition of Dictatorship
Gilad Atzmon

The modern definition of racist is someone who is winning an argument with a liberal
Peter Brimelow


When People lose everything and have nothing left to lose , They Lose It !

GERALD CELENTE

Your Greatest Teacher is Your Last Mistake
DAVID ICKE

The one who Controls the Education System , Controls Perception
UNKNOWN

"The world will not be destroyed by those who do evil, but by those who watch them without doing anything."

Albert Einstein

In The Left Nothing is Right & in The Right nothing is Left
UNKNOWN


No man escapes when freedom fails; The best men rot in filthy jails. And those that cried 'Appease! Appease!' Are hanged by those they tried to please
UNKNOWN

Freedom is not Free
UNKNOWN

Don't Steal The Government Hates The Competition

Ron Paul

"Buy The Rumor , Sell The Fact " Peter Schiff


You can love your Country and not your Government

Jesse Ventura


" The Government Works for ME , I do not answer to them They Answer to ME "
Glenn Beck

"Tyranny will Come to Your Door in a Uniform "
Alex Jones

"The Government is not The Solution to our Problems , The Government is The Problem "

Ronald Reagan


"The price good men pay for indifference to public affairs is to be ruled by evil men." Plato


The world is a tragedy to those that feel, and a comedy to those that think...Beppe Grillo

"The people should not fear the government for it is the government who should fear the people" UNKNOWN

"If You are looking for solutions to the world's problems , look in the Mirror , You Are The Solution , You have the power as a human being on this planet " UNKNOWN

"They don't control us , We empower them " UNKNOWN

"Serial Killers do on a Small Scale What Governments do on a large one..."

Serial Killer Richard Ramirez

There is a Class War going on in America, & unfortunately, my class is winning." Warren Buffet

"When the people fear their government, there is tyranny; when the government fears the people, there is liberty."

Thomas Jefferson

"College is a waste of Money"
Albert Einstein

Schools manufacture people who think that they're smart but they're not.
Robert Kiyosaki

Education is what you learn after you leave School
Robert Kiyosaki

" ‏Schools were designed to create employees for the big corporations."
Robert Kiyosaki


"If a law is unjust, a man is not only right to disobey, he is obligated to do so" Thomas Jefferson

Dissent is the highest form of patriotism
Thomas Jefferson

“True education makes you feel stupid. It makes you realize you have so much more to learn.” Robert Kiyosaki


"One day your life will flash before your eyes. Make sure it's worth watching." - Gerard Way

"Aspire not to have More but to be More "
UNKNOWN

The losers in life think they have all the answers. They can’t learn because they’re too busy telling everyone what they know.
Robert T. Kiyosaki ‏

"Failure is simply the opportunity to begin again. -This time more intelligently." Henry Ford

What You Own Owns You
UNKNOWN

If you expect the government to solve your problems, you have a problem. Robert Kiyosaki

"Those who give up their liberty for more security neither deserve liberty nor security." Benjamin Franklin

"None are more hopelessly enslaved than those who falsely believe they are free.” -
Johann Wolfgang von Goethe

"Always trust someone who is seeking the truth , never trust someone who found it" Jordan Maxwell

Be The Change you want to see in The World
UNKNOWN

Failure inspires winners but defeats losers
Robert Kiyosaki ‏

“If you are planning for a year, sow rice; if you are planning for a decade, plant trees; if you are planning for a lifetime, educate people” A Chinese Proverb

"First they came for the Socialists, and I did not speak out--
Because I was not a Socialist.

Then they came for the Trade Unionists, and I did not speak out--
Because I was not a Trade Unionist.
Then they came for the Jews, and I did not speak out--
Because I was not a Jew.
Then they came for me--and there was no one left to speak for me." UNKNOWN