Sat Feb 11, 2023 – 1:18 pm EST STORY AT-A-GLANCE In 2023, 11 countries have fully launched a digital currency while more than 20 more will move toward starting one. 114 countries, which represent more than 95 percent of global GDP, are looking into CBDC – up from just 35 countries in 2020. Finance guru Catherine Austin Fitts details 10 practical steps individuals can take to stop implementation of CBDCs. Tips include using cash as much as possible and minimizing your use of digital systems, including avoiding biometric technology and QR codes. Doing business with local people and entities you know and trust, and ditching large, multinational banks in favor of trustworthy local banks or credit unions will also help.
(Mercola) — Central bank digital currencies, or CBDCs, are government-backed digital currencies issued by a central bank. They’re being rapidly rolled out to bring about a new economic transaction system that could lead to a new form of modern-day slavery.
CBDCs are promoted as digital tokens that can simplify monetary policy and bring about convenient, cashless societies. They’re also sometimes said to be similar to cryptocurrency due to their digital nature, but there are
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