- A European Perspective on Central Bank Digital Currency
by Steven Guinness, https://stevenguinness2.wordpress.com/
Throughout 2019 I posted numerous articles on the subject of central bank digital currency (CBDC’s) and how simultaneous reforms of payment systems throughout the world are being undertaken in preparation for the full digitisation of money.
I have demonstrated through the words of central bankers themselves how the goal of introducing digital currency is an integral part of their plans over the next decade. It is on record that global planners want to ‘reset‘ the current financial system and replace it with a new set up underpinned by intangible assets. Global elites refer to this as either the rise of the Fourth Industrial Revolution or a ‘new world order‘ of finance. What is a carefully preordained agenda has been fashioned to appear as nothing more than the innocent evolution of technology. It is a deception that can be challenged using the communications issued by central banks.
Rather than rely on supposition, let’s allow those within the central banking community to speak for themselves.
In November 2019 Johannes Beermann, a member of the German Bundesbank responsible for cash management, gave a speech in China called ‘Cash and digital currencies from a central bank’s perspective.’ Beermann confirmed that cash circulation in Germany is on the rise, with the Bundesbank having issued over half the total value of euro banknotes now in circulation. ‘There may be less cash around‘, said Beermann, ‘but we are far from being cashless.’