Mastercard CEO: SWIFT Payment System May Be Replaced By CBDCs (Digital Currency) In Five Years - we must reject this digital tyranny!

[link to www.zerohedge.com (secure)]

Mastercard CEO: SWIFT Payment System May Be Replaced By CBDCs (Central Bank Digital Currency) In Five Years

It won't be just swift payments, it will be all payments. Cash will be abolished. All privacy will be eliminated. Total financial control including purchase control and geo-fencing. Welcome to the New World Order digital concentration camp.

Catherine Austin Fitts - Digital Concentration Camps

[link to www.bitchute.com (secure)]


MONDAY, MAY 30, 2022
There has been a long list of revelations coming out of the recent World Economic Forum meeting in Davos, but one issue that might have gone under the media radar involves comments by Mastercard CEO Michael Miebach during a discussion on the future of cross-border payments between nations.

Miebach, participating in a panel on Central Bank Digital Currencies at the WEF and hosted by the Global Blockchain Business Council, was one of the few participants that was willing to suggest that the SWIFT system, long dominated by western interests, might be made obsolete along with the proliferation of digital currencies among central banks.

Initially dismissed as “conspiracy theory” only a few years ago by the media, whispers of CBDCs have suddenly gone mainstream and blockchain technologies took center stage at Davos in 2022. The Federal Reserve has even started active public discussions assessing the case for retail digital currency products.

Few at Davos were willing to admit to the outcome that Mastercard's CEO suggested, arguing that SWIFT would continue its prevalence for decades. Yet, almost every major central bank in the world is now pursuing a digital currency program, and the IMF has been exceedingly vocal about the need for a global digital currency system in the near future to provide “stability” in the face of national inflationary crisis events.

Rest of Article:
[link to www.zerohedge.com (secure)]
.