Cryptocurrencies were designed to be “decentralized” and anonymous, safeguarding the cryptocurrency holder from central bankers’ monetary inflation and deflation schemes as well as tyrannical governments seeking to surveil and control their citizens.
CBDCs, on the other hand, are designed to allow government to control YOU by spying on every penny you receive or spend — and then controlling or restricting your spending.
On March 9, 2022, Joe Biden issued Executive Order 14067, which seeks to eliminate cryptocurrencies, while having the Federal Reserve issue a new programmable digital dollar, aka a CBDC.
Others around the world are now joining us to warn about CBDCs.
“CBDCs have the potential to be used as tools of surveillance and control by governments,” says Jeremy Light, a member of the management board for the Pan-African Payment and Settlement System.
Light points out that governments cannot track cash, but “with a CBDC every transaction is recordable and any authority with access to the CBDC ledger could see all transactions.” This “is open to abuse.”
“For example, it would be easy to identify members of political parties, unions, religious groups and social groups. In essence, a CBDC could be used to build a detailed profile of every individual using it.”
Light says governments can easily control where, how, and even if a user can spend money. Government can even put expiration dates on CBDCs that force an individual to spend or lose money.
“All sorts of controls on individuals are possible, such as putting expiry dates on their CBDC, limiting how much they can hold, varying interest rates and prices depending on who they are, preventing purchases and automatically deducting fines,” Light says.
But what concerns many experts is the push to connect digital IDs (like so-called “health passports” with CBDC digital bank accounts or “wallets”). Linking these would be “catastrophic to your privacy, personal freedom and to democracy,” Light warns.
“Be wary of anyone advocating for digital identity to be connected to CBDC and question their motives,” says Light, who says there is no logical reason to link these items for financial purposes. Instead, linking digital IDs with digital wallets provides “plenty of opportunity to do so for malign purposes such as for surveillance and control.”
The Obama-Biden administration used the IRS to attack Tea Party activists they viewed as a political threat. Litigation forced the IRS to pay damages for these outrageous actions. The Obama-Biden duo also tried to force political 501(c)(4) nonprofits to disclose their donors to intimidate them.
Now Biden is up to his old tricks to silence political opposition with just the push of a button and no due process.
A CBDC will allow Joe Biden to know every nonprofit you give to — and he will be able to freeze your account as well as the nonprofit’s account.
If this happens, Liberty Counsel will, of course, fight all the way to the U.S. Supreme Court. But we can avoid this problem altogether if we simply flood Congress now and demand they VOTE YES on HR 1122 and S 887.
Help us protect America from Biden’s planned Financial Surveillance State. Demand Congress VOTE YES on HR 1122 and S 887. | 
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