Central Bank Digital Currency is the End of Financial Freedom

Blockchain Daily
4 min readMar 15, 2023

Weeks before the Silicon Valley Bank collapse, several executives sold off large shares of stock, while Mainstream Media tells their viewers to invest in them.

On March 9th, the day before the collapse, Israel’s two largest banks pulled out one billion out of SVB, while Peter Thiel’s Founder Fund withdrew millions and advised their clients to do the same.

The next day, there was a run on the bank and Silicon Valley Bank collapsed.

Is this evidence of a controlled demolition, or a hasty one?

The day before the collapse, a U.S. judge order J.P. Morgan Chase to turn over documents in a lawsuit accusing them of aiding in Jeffery Epstein's sex trafficking operation.

The team behind this lawsuit was the same team who successfully exposed the involvement of Deutsche Bank.

The team subpoenaed several other banks they believe were involved in sex trafficking, including Silicon Valley Bank and Bank Leumi, the Israeli bank that drained a billion dollars out of SVB the day before it collapsed.

Whatever the reason, the U.S. government’s response threatens to collapse the world economy.

The FDIC insures up to $250,000 for each depositor, but now they’re going to cover all depositor losses. They don’t even have enough to cover the $175 billion of SVB losses, let alone the trillions of dollars to be lost on the near horizon as banks across the world begin to break.

The systemic risk among Global Systemically Important Bank’s (GSIB’s) is that they are so deeply connected, when one falls they will all follow.

Much of the world’s economy is already collapsing due to the actions of the U.S. government and the Federal Reserve banking system.

Much of the world has been preparing for the end of the U.S. dollar as a world reserve currency.

After all of the smaller banks die, the people will be left with the Central Bank, and their solution is the Central Bank Digital Currency (CBDC).

With CBDC’s there are no more options. Everyone’s account is run directly through the Central Bank system.

Catherine Austin Fitts

“As the financial system gets more controlling and more invasive, it’s a little bit like bringing up a corral around us, and CBDC’s and vaccine passports, or digital ID’s, are sort of the last shutting of the gate,” said Catherine Austin Fitts, Former Assistant Secretary of Housing and Urban Development for Housing under President George W. Bush.

“It’s hard for people to imagine the risk here because we’re so used to living with financial transaction freedom and we don’t understand that when this gate closes on us, we literally will be sitting in a system where the central banks believe that our assets belong to them and they can dictate where we can spend money and what we can spend money on. If you don’t behave, you can have your money turned off.”

There are 12 Federal Reserve banks, which are located in cities being considered for the 15 minute city model of the World Economic Forum.

This is where it’s all headed and there isn’t much pushback in the federal government.

Utah Senator Mike Lee introduced the “No CBDC Act” last September, which will likely go nowhere.

But we the people have much more sway over our local governments.

An Oklahoma House Committee unanimously passed a bill to protect Oklahoman’s from being forced to adopt a CBDC.

It’s time for we the people to unite with our neighbors and local communities to prepare to liberate ourselves from the central bank’s system, recall our corrupt county officials, and start looking into local barter and trade systems.

Central Bank Digital Currency is coming at us quickly and it equals financial enslavement.

About the Author

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