CBDCs: the ULTIMATE Means of Financial Control with Surveillance as a Feature
Thanks! Share it with your friends!
Watch aantonop Video: CBDCs: the ULTIMATE Means of Financial Control with Surveillance as a Feature.
This short video was taken from Andreas' April 2023 Q&A for patrons, in response to a question about the effects of CBDCs on privacy and the freedoms promised by open finance tools, like bitcoin.
Video summary:
Today, we're stepping into the world of Central Bank Digital Currencies (CBDCs). Unlike decentralized cryptocurrencies like Bitcoin, CBDCs are centrally controlled, and they come with strings attached. They will be used to implement anti-money laundering controls. But these controls aren't about stopping big players from making controversial purchases - they're more likely to prevent everyday folks like us from buying Bitcoin.
But CBDCs are more than just digital money. They're an integrated system of command, control, and surveillance. Money has traditionally been seen as a means of exchange, a store of value, and a unit of account, but with CBDCs, we see the emergence of a fourth aspect - money as a means of control. This shift could have significant implications, marking a kind of 'Nirvana' or dystopian end, depending on how you see it, in the evolution of money.
If you'd like to learn more about this topic, take a look at a longer talk from Andreas entitled: Money as a System of Control: https://youtu.be/FyK4P7ZdOK8 This talk is featured in The Internet of Money volume 3, which can be purchased in multiple languages in paperback, ebook, or audiobook: https://aantonop.com
If you'd like to support this work, we invite you to join us at https://www.patreon.com/aantonop
COMMENT below and let us know what you think of the video. Post your follow-up questions there too!
SUBSCRIBE to this YouTube channel and select the bell 🔔 for notifications: https://www.youtube.com/channel/UCJWCJCWOxBYSi5DhCieLOLQ?sub_confirmation=1
JOIN this YouTube channel to become a YouTube Community Member and access custom emoji and other perks: https://www.youtube.com/channel/UCJWCJCWOxBYSi5DhCieLOLQ/join
BECOME a Community Builder: https://patreon.com/aantonop
LEARN from Andreas in one of his popular Workshops which will teach you practical crypto skills. There’s even a FREE Intro to Bitcoin & Open Blockchains to get you started. https://aantonop.io/takeaworkshop
You can also learn from one of aantonop's many books. Andreas has written three technical books for developers about blockchain technology, Mastering Bitcoin, Mastering Ethereum, and Mastering the Lightning Network published by O’Reilly Media. He’s also written The Internet of Money Series books, which explain why bitcoin, ethereum, and open blockchains matter.
About aantonop: Andreas isn't promoting a company or an organization; he's paid by the community (people who support this work on Patreon and YouTube) and provides an unbiased look at open blockchain technologies, what they can do for our societies, and how to get involved. Learn more at https://aantonop.com
From Andreas: You may already know that my mission is to educate as many people as possible about #Bitcoin and open blockchain technologies. Watching these videos and sharing them with others is a big part of that. Thank you for being part of this mission.
***Learn More From Andreas’ Workshops, Books & Events**
Amazon & Kindle: http://www.amazon.com/-/e/B00MVAG8Z8
Audible: https://www.audible.com/author/Andreas-M-Antonopoulos/B00MVAG8Z8
E-books & Merch: https://aantonop.io/shop
Patreon: https://patreon.com/aantonop
Website: https://aantonop.com
Workshops: https://aantonop.com/workshops
***Connect with Andreas on Socials***
Facebook: https://www.facebook.com/AndreasMAntonopoulos
Instagram: https://www.instagram.com/amantonop/
LinkedIn: https://www.linkedin.com/company/aantonop/
Twitter: https://twitter.com/aantonop
Thanks for watching, sharing, and subscribing!
Bitcoin and other crypto news, prices and info.
Related Videos
-
FedNow launched in midst of banking crisis, is it a precursor to CBDCs, 'totalitarian' control?
Added 30 Views / 0 LikesRichard Werner, Economics Professor and Author of "Princes of the Yen," and Michelle Makori, Editor-in-Chief and Lead Anchor at Kitco News, discuss the Federal Reserve's FedNow instant payments system, and whether it will be used to usher in Central Bank Digital Currencies (CBDCs), digital tokens issued and controlled by central banks. Werner explains what CBDCs are, and warns that they will be used to bring about 'totalitarian' control and a surveill
-
Massive cyberattack by 2030 will usher in CBDCs & ‘total control' - E.B. Tucker (Part 1/2)
Added 37 Views / 0 LikesWatch Part 2 here: https://youtu.be/6QikuqMAkvY E.B. Tucker, Director at Metalla Royalty and Author of "Why Gold? Why Now", joins Michelle Makori, Editor-in-Chief and Lead Anchor at Kitco News, to discuss why he thinks a cyberattack will be used as pretense to bring in Central Bank Digital Currencies (CBDCs) like FedCoin, giving government unprecedented control. Tucker discusses how to protect one's wealth in this scenario and the role of gold and si
-
Financial System Is Done, Nothing Left: Fed Will Now Fast-Track CBDCs Warns Lynette Zang
Added 24 Views / 0 Likes"2008 is when the system actually died and was put on QE life support until [the Fed] could get into place the next system that could take place of the current system," argues Lynette Zang, chief market analyst for ITM Trading. "We seem to be paralleling what's happened in 2008 in regards to bank consolidation. We're at that same juncture right now where everything has changed," she tells Daniela Cambone. "There is nothing left in the system. There is
-
This DeFiChain Killer Feature excites me the most (incl. English subtitles)
Added 18 Views / 0 LikesThanx to Dennis for letting us use this material. If you want the full version, check it out here: https://youtube.com/@defichain-likbez ---------- 👉 DR. JULIAN HOSP's Special Insights: http://newsletter.julianhosp.com 👉 Kostenlose DeFi Academy: https://bit.ly/julianhospacademy 👉 Kostenlose Crypto Quiz: https://bit.ly/crypto_quiz ----------- 🧨 Möchtest du in Julian‘s Inner Circle? Dann bewirb dich jetzt für unsere exclusive Mastermind: http://i-unlimi
-
Fed pivot won’t save economy, Brace for crisis, CBDC and ‘full surveillance economy’ - Lynette Zang
Added 25 Views / 0 LikesLynette Zang, Chief Market Analyst at ITM Trading, and Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, discuss the ongoing banking crisis, and why Zang believes that it may have been engineered to reset the financial system and bring in central bank digital currencies and a "full surveillance economy." They also discuss accelerating de-dollarization led by the BRICS. Zang explains why she thinks the International Monetary Fund (IMF) is
-
What the Bitcoin "Super-Cycle" Really Means
Added 30 Views / 0 LikesWhat the Bitcoin "Super-Cycle” Really Means Twitter: https://twitter.com/Crypto_Daily Instagram: http://instagram.com/crypto_daily Join PrimeXBT Exchange ►► http://u.primexbt.com/cryptodaily 50% Bonus with Code: cryptodaily We know what a bull market is, what it looks like, what it feels like. But do you know what a super cycle is? What that looks like, what that feels like? *screams* Today I will share with you why some analysts in the space think th
-
Silvergate Bankrupt!! What it Means For Crypto!
Added 38 Views / 0 Likes🛒 Get The Hottest Crypto Deals 👉 http://www.coinbureau.com/deals 📲 Insider Info in my Socials 👉 https://guy.coinbureau.com/socials/ 👕 My Merch Store 👉https://store.coinbureau.com 🔥 TOP Crypto TIPS In My Newsletter 👉 https://guy.coinbureau.com/signup/ ~~~~~ 📺Essential Videos📺 Operation Chokepoint 2.0 👉 https://youtu.be/tV1jp4FrKlU Bank Bail Ins Explained 👉 https://youtu.be/0Og5-OJ1x1s Safest Crypto Exchanges 👉 https://youtu.be/ZXli6q5aSEw FTX’s Secret
-
The Banks Are FAILING!! SVB Collapse & Everything It Means!!
Added 38 Views / 0 Likes🛒 Get The Hottest Crypto Deals 👉 http://www.coinbureau.com/deals 📲 Insider Info in my Socials 👉 https://guy.coinbureau.com/socials/ 👕 My Merch Store 👉https://store.coinbureau.com 🔥 TOP Crypto TIPS In My Newsletter 👉 https://guy.coinbureau.com/signup/ ~~~~~~ 📺 Useful Vids 📺 Operations "Chokepoint" 👉 https://www.youtube.com/watch?v=MfkqgXNPiHg Fractional Reserve Banking 👉 https://www.youtube.com/watch?v=L_f6R0DHNH0 ~~~~~~ ⛓️ 🔗 Useful Links 🔗 ⛓️ BackStor
-
The ULTIMATE Key to Dealing With Bitcoin
Added 19 Views / 0 LikesThe ULTIMATE Key to Dealing With Bitcoin. Today we talk about contrarianism and how you can use it to your advantage in the Bitcoin market. Quite recently we had an immense liquidation on short positions and there's an interesting pattern as to why it keeps happening. Twitter: https://twitter.com/Crypto_Daily Instagram: http://instagram.com/crypto_daily Disclaimer: I am not a financial adviser and this is not financial advice. #crypto #cryptocurrency
-
The SEC Wants To Control You! (The #1 Reason They’ll NEVER Win)
Added 19 Views / 0 LikesThe SEC is trying to control how we invest in cryptocurrency and that needs to stop. After looking at the entire history of SEC enforcement actions against crypto one thing stands out —the SEC is all bark, and no bite. Sure, crypto companies have been served a lot of enforcement letters, especially lately. But as these cases get settled, one thing becomes clear: full control of crypto is far outside of SEC control. Interested in Crypto Retirement Acco
-
Bitcoin ONLY FLASHED THIS 2 TIMES IN HISTORY – Here’s What it Means
Added 14 Views / 0 LikesJoin Our FFA Waiting List! https://cryptocrewuniversity.activehosted.com/f/30 Watch Our Popular Videos now! When To Sell Cryptocurrency - 3 Simple Steps (Taking Profit) https://youtu.be/Gm0EhwhTR28 When To Buy Cryptocurrency - 3 Simple Steps (Maximize Profit)https://www.youtube.com/watch?v=DNoSMPvfwWw&t=5s Warning: MEGA CRASH COMING: https://www.youtube.com/watch?v=IJQRiF7DGDU&t=13s 🔥Our NEW Redesigned Courses https://cryptocrewuniversity.com ⬅️(RECOV
-
Bitcoin ONLY FLASHED THIS 2 TIMES IN HISTORY – Here’s What it Means
Added 18 Views / 0 LikesGet Your 7-Day FREE Trade Alerts NOW! https://www.cryptocrewuniversity.com/ Watch Our Popular Videos now! When To Sell Cryptocurrency - 3 Simple Steps (Taking Profit) https://youtu.be/Gm0EhwhTR28 When To Buy Cryptocurrency - 3 Simple Steps (Maximize Profit)https://www.youtube.com/watch?v=DNoSMPvfwWw&t=5s Warning: MEGA CRASH COMING: https://www.youtube.com/watch?v=IJQRiF7DGDU&t=13s 🔥Our NEW Redesigned Courses https://cryptocrewuniversity.com ⬅️(RECOVER
