The Beast System

[The Cub]

The Beast System

https://www.timebomb2000.com/xf/inde...system.627469/

[Ivan88]

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[The Cub]

John Leary

(yet to be approved)
www.johnleary.com

November 29, 2022:
Jesus said: “My people, you have heard the bankers preparing twelve weeks for working out how they will implement the ‘Digital Dollar’ as part of the Great Reset. You have also heard them trying to start introducing this new money system in July, 2023.They will promise to give you some money in your account, but soon you will see your dollars taken out of circulation.All Christians and religious people will be shunned, much like the Jews were shunned in Hitler’s time, and they took away their rights to work. If you do not go along with the liberal laws, they will gradually do away with your money, especially if you do not take the mark of the beast which is a computer chip in your body. It is possible if you are singled out, that you may have to come to My refuges even before the Warning comes. I will notify some people to come to My refuges so the people on the red list will not be captured before martial law is declared.Have no fear because My angels will protect you when your lives are in danger.”

[The Cub]

White House Recommends Creating a Digital Dollar

The Biden admin outlines plans for crypto regulation

By Jim Probasco

Published September 16, 2022

The Biden administration is moving closer to developing a digital currency for the U.S., saying it will help strengthen the nation's role as a global financial leader. Today, it released a framework outlining the regulation of digital assets, including cryptocurrency and other items of value that exist only in digital form. The framework includes ways to make the handling of these assets easier and to ensure the digital asset space is resistant to fraud.1

For the past six months, since the March 22release of Biden's Executive Order 14067,"Ensuring Responsible Development of Digital Assets," government agencies have been working to create the framework released today.2

Key Takeaways

• The Biden White House has released a first-ever framework for the regulation of digital assets.
• One suggestion includes the potential formation of the U.S. central bank digital currency (CBDC).
• The guidelines are a response to Executive Order 14067, issued March 9, 2022.
• The framework presents ways to make digital transactions easier and to crack down on fraud.

Exploring a Digital Dollar
To make digital transactions easier, the framework suggests the creation of a U.S. central bank digital currency, or CBDC, essentially a central band for a digital form of the U.S. dollar. A fact sheet released to describe agency responses to the executive order notes that the CBDC could make possible an efficient payment system, create technical innovations, facilities cross-border transactions, all while fostering environmental sustainability.

Discussion of a digital dollar has led to unfounded charges that will lead to government control of digital assets. One TikTok post said, in part, that implementation of EO 14067 would allow the federal government to “turn on and turn off your money.”The Poynter Institute's Politifact debunked this statement saying, "Executive Order 14067 does not allow the federal government to electronically control money," citing several sources.3

In fact, electronic U.S. dollars currently already exist in commercial bank accounts across the country, backed by reserves under a system known as fractional-reserve banking. The Fed requires banks to hold only a fraction of their deposit liabilities. Transfers occur electronically and don't involve bags of currency.4

A hypothetical digital dollar would be regulated, as the physical dollar is, by the central bank with the full faith and backing of the central bank. Federal Reserve Chair, Jerome Powell has said many times that the main reason for digital currency under a central bank would be to eliminate the need for cryptocurrency.5

Cracking Down on Fraud
Illegal activity in the digital asset space has been a concern since the creation of crypto, so much so that concerns about security and the possibility of fraud have kept all but about 16% of the population away, per report.1
To address these concerns, the response to EO 14067 includes the following: "The President will evaluate whether to call upon Congress to amend the Bank Secrecy Act (BSA), anti-tip-off statutes, and laws against unlicensed money transmitting to apply explicitly to digital asset service providers."6

Other options include the possibility of raising penalties on unlicensed transmission of money and allowing the Department of Justice (DOJ) to prosecute digital asset crimes, no matter where the crime occurs.
According to the framework released today, "The United States will continue to monitor the development of the digital assets sector and its associated illicit financing risks, to identify any gaps in our legal, regulatory, and supervisory regimes. As part of this effort, Treasury will complete an illicit finance risk assessment on decentralized finance by the end of February 2023 and an assessment on non-fungible tokens by July 2023."

Protecting Consumers and Businesses
Creating a U.S. CBDC while dealing with fraud and illicit activities could, according to the framework, enable a payment system that is “more efficient, provides a foundation for further technological innovation, facilitates faster cross-border transactions, and is environmentally sustainable.” It could also "promote financial inclusion and equity by enabling access for a broad set of consumers.” the frameworks states.

In terms of the following steps, in addition to the Treasury's illicit finance risk assessment by the end of February and on non-fungible tokens by July, government agencies have developed Policy Objectives for a U.S. CBDC System, which the framework says "reflect the federal government’s priorities for a potential U.S. CBDC."7c
Article Sources

Investopedia requires writers to use primary sources to support their work. These include white papers, government data, original reporting, and interviews with industry experts. We also reference original research from other reputable publishers where appropriate. You can learn more about the standards we follow in producing accurate, unbiased content in our editorial policy.

1. Whitehouse.gov. "FACT SHEET: White House Releases First-Ever Comprehensive Framework for Responsible Development of Digital Assets."
2. Whitehouse.gov. "Executive Order on Ensuring Responsible Development of Digital Assets."
3. Politifact. "Executive Order 14067 will allow the federal government to “turn on and turn off your money.”"
4. Federal Reserve Bank of Atlanta. "Fractional Reserve Banking."
5. federalreserve.gov: ''Welcoming Remarks''
6. Whitehouse.gov. "FACT SHEET: White House Releases First-Ever Comprehensive Framework for Responsible Development of Digital Assets."
7. Whitehouse.gov. "FACT SHEET: White House Releases First-Ever Comprehensive Framework for Responsible Development of Digital Assets."

https://www.investopedia.com/inside-the-new-white-house-framework-for-regulating-digital-assets-6674517

[The Cub]

The Hot CCP Spy War

John Mac Ghlionn
December 9, 2022

Smart appliances are a threat to American national security.

U.S. Commerce Secretary Gina Raimondo recently sounded the alarm on China, warning that the Communist nation poses a significant threat to U.S. national security. She’s right. And of all the security threats presented by the Chinese Communist Party (CCP), the country’s unrelenting harvesting of data is perhaps the biggest. Which brings us to Haier, a Chinese multinational home appliances and consumer electronics company that is heavily invested in the U.S. market.

Headquartered in Qingdao, Shandong, Haier Group Corporation entered the U.S. market in 1999. Initially focused on manufacturing and distributing two rather niche products—compact refrigerators and electric wine cellars—as profits grew, so did Haier’s vision for the future. In June 2016, Haier made headlines when it purchased GE Appliances, an American home appliance manufacturer based in Louisville, Kentucky, for $5.4 billion. That was the point when Haier went from being a Chinese company operating in the U.S. to a dangerous Chinese company operating in the U.S. 
According to Aynne Kokas in her brilliant new book, Trafficking Data, Haier’s acquisition of GE Appliances, which now makes it “the world’s largest consumer appliance company,” “specifically targeted growth through the IoT.” For the uninitiated, IoT refers to the Internet of Things, a network of physical objects or “things” that communicate with each other via embedded sensors and software. IoT is fast becoming the central nervous system of our tech-fueled world. This year alone, IoT devices have generated global revenues of $19.5 billion, representing a 13 percent increase from 2021. In the race to connect every device to every other device, China is leading the way.

IoT devices pose a genuine threat to users’ safety. That’s because they create numerous bridges between insecure networks and insecure devices, allowing hackers to gain control of people’s digital devices and wreak havoc. Devices can easily be hijacked, allowing bad actors to eavesdrop on unsuspecting users. 

Over the past few years Haier has created an entire line of IoT, or “smart,” appliances including smart ovens, smart microwaves, and smart refrigerators. As I have discussed elsewhere, in the world of tech, “smart” is simply a synonym for surveillance. Smart devices connect to various apps and other devices through a wireless connection, which makes them ripe for hacking. Moreover, these devices collect and create copious amounts of data which begs the question, Where is this data stored?

As Kokas notes, “Haier has foregrounded the development of its new proprietary platform for its IoT, the U+ Connect platform, which collects data through all connected GE Appliances and Haier products.”Worryingly, she writes that this platform leverages a Chinese firm that’s “subject to the data localization requirements of China’s 2017 Cybersecurity Law.”

The bad news doesn’t end there. Haier has partnered with the search engine Baidu, China’s answer to Google, a problematic company that has intimate connections with the CCP.As Kokas demonstrates, Haier has already used Baidu’s services to store data for the U+ Connect platform. This means that GE appliances have been integrated into the CCP’s comprehensive data storage system. Haier’s data-collecting devices, according to Kokas, “operate on a Chinese consumer platform that reports back to data centers in China.” Keep in mind that China has already stolen the data of 80 percent of Americans. These appliances appear to be helping Beijing steal even more data.

Some will say, what can the CCP learn about me from my microwave or refrigerator? To ask such a question misses the bigger picture. These devices can connect to other devices, including your cell phone, your child’s cell phone, your laptop, etc., which means that bad actors can also access these devices. The CCP doesn’t care about what you’re having for dinner, but it does care about your conversations, your browsing history, and the passwords stored on your devices.

Although it has been said many times before, it’s worth repeating: data is the new oil. China has identified a multitude of ways to steal data from unsuspecting Americans. TikTok, a Trojan horse for the CCP, is perhaps the most obvious example. A glorified data-harvesting app, TikTok has a staggering 1.5 billion users worldwide, and an estimated 80 million of these users live in the U.S. The data accumulated can be accessed by employees in China. And if it can be accessed by them, it can be accessed by the CCP.

In China, unsurprisingly, there’s no such thing as a private company. To think that ByteDance, TikTok’s parent company, or the aforementioned Haier—or any other Chinese company—is acting independently, entirely free from the omnipresent glare of the CCP, requires a complete suspension of disbelief. If it’s an app or a smart device and it has links to China, chances are you’re being monitored and mined for data. Protect yourself, people.

https://americanmind.org/salvo/the-hot-ccp-spy-war/

[The Cub]

SHORT VIDEO: Central banking digital currencies (CBDCs) and social credit systems explained.


https://twitter.com/JamesMelville/st...47080737968128