Press Release
By SHTF Plan
07-25-23
| Bank of International Settlements There can’t really be an institution that includes 63 of the world’s central banks and our trusted mainstream media not really report on it, can there? J.P. Morgan, the actual person, along with several other prominent bankers of his era, helped form the Bank of International Settlements in the early 1930s as an answer to the complex global environment of the time. Today, the bank is headquartered in Basel (Switzerland). Just a couple of weeks ago, it released its blueprint for the future of the monetary system. The report is lengthy, and I went through it. It’s revolutionary. Once implemented, it reveals how the future includes more central banking in your daily lives than ever before along with elements from cryptography, cybersecurity, and hard assets if done right. Additionally, it offers hope for privacy and individual rights in countries where citizens aren’t pissing away their freedoms for security. This is probably the most educational publication we’ve authored in our history, so if you want to know what report 63 of the world’s largest central banks have been handed in the past 14 days, here is the gist of it:The Bank of International Settlements envisions a monetary system with far less intermediaries just like Bitcoin enthusiasts are passionate about The chief part of their proposed framework is tokenizationWhat they want is to integrate records into a traditional database with rules and logic (smart contracts) governing the transaction processes for assets.This is coming straight from the head of research for the BIS!In today’s financial system, you have banks and intermediaries acting as account managers, and they are entrusted with recordkeeping and maintaining accurate logs of transfers and ownershipThe problem is that these are separate databases that use 3rd-party messaging systems. What would streamline business and government-level transactions is if we could marry messaging, reconciliation, and settlement. The monetary unit of account to backstop this entire global system of commerce would be CBDCs. If I read between the lines, the Bank of International Settlements is also implying that if they or the World Bank issue their own CBDC, the first global currency, to act as a unit of account (a digital gold standard), everyone will live happily ever after. This should put you on high alert. Digitization makes it far easier for globalists to issue currency, tax you, and subject you to punishment just like the Chinese do with their social credit system. Ignoring climate change policies? We just deducted a few tokens from your account… On the flip side of this overlord nightmare reality is a gold-backed promise where those who trust gold can handle financial matters with a smart contract that settles in ounces that are tokenized and redeemable. Later, I will explain how the entire thing is laid on top of a unified ledger, which is the dream of the central bankers. Know this: we will see more disruption in the next 3 years than we have in the past 500. Be cautious out there! SHTFPlan Staff |
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