Just several days ago The WinePress reported that the International Monetary Fund (IMF) stated the world is fairly close to initiating a new global currencies, operated and regulated by government’s central banks.
President Joe Biden’s executive order on the creation of these ‘Digital Assets’ is furthering that along for the United States.
The following is from the official White House website:
Digital assets, including cryptocurrencies, have seen explosive growth in recent years, surpassing a $3 trillion market cap last November and up from $14 billion just five years prior. Surveys suggest that around 16 percent of adult Americans – approximately 40 million people – have invested in, traded, or used cryptocurrencies. Over 100 countries are exploring or piloting Central Bank Digital Currencies (CBDCs), a digital form of a country’s sovereign currency.
The rise in digital assets creates an opportunity to reinforce American leadership in the global financial system and at the technological frontier, but also has substantial implications for consumer protection, financial stability, national security, and climate risk. The United States must maintain technological leadership in this rapidly growing space, supporting innovation while mitigating the risks for consumers, businesses, the broader financial system, and the climate. And, it must play a leading role in international engagement and global governance of digital assets consistent with democratic values and U.S. global competitiveness.
That is why today, President Biden will sign an Executive Order outlining the first ever, whole-of-government approach to addressing the risks and harnessing the potential benefits of digital assets and their underlying technology. The Order lays out a national policy for digital assets across six key priorities: consumer and investor protection; financial stability; illicit finance; U.S. leadership in the global financial system and economic competitiveness; financial inclusion; and responsible innovation.
Specifically, the Executive Order calls for measures to:
- Protect U.S. Consumers, Investors, and Businesses by directing the Department of the Treasury and other agency partners to assess and develop policy recommendations to address the implications of the growing digital asset sector and changes in financial markets for consumers, investors, businesses, and equitable economic growth. The Order also encourages regulators to ensure sufficient oversight and safeguard against any systemic financial risks posed by digital assets.
- Protect U.S. and Global Financial Stability and Mitigate Systemic Risk by encouraging the Financial Stability Oversight Council to identify and mitigate economy-wide (i.e., systemic) financial risks posed by digital assets and to develop appropriate policy recommendations to address any regulatory gaps.
- Mitigate the Illicit Finance and National Security Risks Posed by the Illicit Use of Digital Assets by directing an unprecedented focus of coordinated action across all relevant U.S. Government agencies to mitigate these risks. It also directs agencies to work with our allies and partners to ensure international frameworks, capabilities, and partnerships are aligned and responsive to risks.
- Promote U.S. Leadership in Technology and Economic Competitiveness to Reinforce U.S. Leadership in the Global Financial System by directing the Department of Commerce to work across the U.S. Government in establishing a framework to drive U.S. competitiveness and leadership in, and leveraging of digital asset technologies. This framework will serve as a foundation for agencies and integrate this as a priority into their policy, research and development, and operational approaches to digital assets.
- Promote Equitable Access to Safe and Affordable Financial Services by affirming the critical need for safe, affordable, and accessible financial services as a U.S. national interest that must inform our approach to digital asset innovation, including disparate impact risk. Such safe access is especially important for communities that have long had insufficient access to financial services. The Secretary of the Treasury, working with all relevant agencies, will produce a report on the future of money and payment systems, to include implications for economic growth, financial growth and inclusion, national security, and the extent to which technological innovation may influence that future.
- Support Technological Advances and Ensure Responsible Development and Use of Digital Assets by directing the U.S. Government to take concrete steps to study and support technological advances in the responsible development, design, and implementation of digital asset systems while prioritizing privacy, security, combating illicit exploitation, and reducing negative climate impacts.
- Explore a U.S. Central Bank Digital Currency (CBDC) by placing urgency on research and development of a potential United States CBDC, should issuance be deemed in the national interest. The Order directs the U.S. Government to assess the technological infrastructure and capacity needs for a potential U.S. CBDC in a manner that protects Americans’ interests. The Order also encourages the Federal Reserve to continue its research, development, and assessment efforts for a U.S. CBDC, including development of a plan for broader U.S. Government action in support of their work. This effort prioritizes U.S. participation in multi-country experimentation, and ensures U.S. leadership internationally to promote CBDC development that is consistent with U.S. priorities and democratic values.
The Administration will continue work across agencies and with Congress to establish policies that guard against risks and guide responsible innovation, with our allies and partners to develop aligned international capabilities that respond to national security risks, and with the private sector to study and support technological advances in digital assets.
AUTHOR COMMENTARY
[16] And he causeth all, both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads: [17] And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name. [18] Here is wisdom. Let him that hath understanding count the number of the beast: for it is the number of a man; and his number is Six hundred threescore and six.Revelation 13:16-18
This is no surprise here: for the world to be forced to accept the mark of the beast system, all fiat and physical assets must be done away with. A lot of these people who are stacking their gold and silver coins, are going to be in for a rude awakening when the way of the world goes crypto, and the handlers do not regard their gold and silver. Same applies to Bitcoin, and all those meme-currencies like Dogecoin.
[1] Go to now, ye rich men, weep and howl for your miseries that shall come upon you. [2] Your riches are corrupted, and your garments are motheaten. [3] Your gold and silver is cankered; and the rust of them shall be a witness against you, and shall eat your flesh as it were fire. Ye have heaped treasure together for the last days.James 5:1-3
Should A Christian Invest In Gold And Silver?
[7] Who goeth a warfare any time at his own charges? who planteth a vineyard, and eateth not of the fruit thereof? or who feedeth a flock, and eateth not of the milk of the flock? [8] Say I these things as a man? or saith not the law the same also? [9] For it is written in the law of Moses, Thou shalt not muzzle the mouth of the ox that treadeth out the corn. Doth God take care for oxen? [10] Or saith he it altogether for our sakes? For our sakes, no doubt, this is written: that he that ploweth should plow in hope; and that he that thresheth in hope should be partaker of his hope. (1 Corinthians 9:7-10).
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‘Dogecoin’?? Really? I hadn’t heard of that. Do you know what the doges of Venice were? Good grief. Dialect to the nth degree. Like their fake bibles where things that are different are really the same. Choice? Rome or Rome. Venice headed the Silk Road trade & learned fiat currency from the Chinese empire. Just like Dedan & Edom did before them.
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And, as if it was ever our nation who headed the Fed & its system, rather than our leaders partnering w/ the old Babylonian Romish coverted & layered power system, without our knowledge or consent, in that bamboozle of 1913 & then Roosevelt & the rest furthering the thing. Not lawfully, legally or legitimately….all of ambitious men seeking to get a leg up & one over their brother through joining themselves to ‘the brotherhood’. Paving the way with as many necessary assassinations, disappearances, or extortions as the many-headed beast deepest in, highest up commanded, pooling their wicked, amoral, lawless ‘gnosis’, their ‘intel’.
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It must never be forgotten that there was resistance, but the dumbing down & puppeted ‘churches’ enabled & provided cover, the curtain….like the confessional, or the Iron and Bamboo, but more subtle. Most subtle. Definitely with expert & devilish Jesuit guidance. We’re marching to Zion, our mother Jerusalem above who is free…. and early America had more of that sort of Christian than any other historically, though no nation or country of this dispensation is ‘Christian’ in biblical terms. They march to that which is known as Sodom & Egypt. Galatians 4& Revelation 11 KJB. The deceiving & being deceived loving their sorceries, their idolatry, anything but the whole truth, headed for the ditch & judgment.
I never knew. “Doge” is the name of a popular meme featuring a Shibu Inu dog. It was one of the first real “memes” that was introduced on the internet.
To me President Biden resembles Emperor Franz Joseph, & Harris, Trump, Blinken & others resembles the decadent Hapsburg family before World War 1 (before the Austro-Hungarian Empire collapsed into smaller states). Basically war & civil war to come.