Will Fiat Money Disappear and Swap to Digital Currency? and What is the Solution?

Cash or Fiat money is no longer relevant to use, let alone the emergence of a pandemic that requires social distancing. Require payment via e-money or digital currency.

With the Pandemic (Virus), capitalists want the outdated financial system (Fiat Money) to be exchanged for electronic currency. They have long been building and testing in prototype form.

Pax Americana's Fiat money, namely the US Dollar, is almost on the verge of collapse, is that true? China and Russia are active in the "de-dollarization" campaign. Both of them tried to remove the hegemonic power of the US state in using the dollar as a controller for other countries. EU countries have also made reserves for the Dethrone Dollar as the world's "Reserve Currency".

With the enactment of massive dollar printing by the FED during the Pandemic, causing the amount of US state debt to continue to rise.

There have been some suggestions from economists in several countries to use the Debt Jubile or economy rest plan for those facing the disaster.

For 100 years, the US Dollar has been guarded and managed by the FED, which is an independent institution without being appointed by the US government. And when the FED was founded in 1917, it violated the US Constitution at that time.

In March 2020, 8 countries that are members of the Shanghai Cooperation Organization have mutually agreed to initiate Bilateral Trade, Investment and bond transactions in their respective countries' local currencies and withhold US Dollars.

If all the countries that are members of the SCO are mixed, namely China, India, Russia, Pakistan, Kyrgyzstan, Tajikistan, Uzbekistan and observers namely Iran, Afghanistan, Belarus and Mongolia, it has exceeded 50% of the world's population. It will have a huge impact on the way the world conducts transactions if it no longer uses US Dollars.

Russia and China have actually succeeded in conducting Cross Border payments by Inter-Bank using their fiat money without going through the US economic network. Soon, the great world power, the US, will no longer be allowed to use economic barriers as a weapon to control a country.

They have a joint commitment to bilateral trade using only the Ruble and Yuan, while at the same time abandoning the US Dollar which has been used as the World Reserve Currency for transactions across countries.

The economic system of fiat money which is based on debt, namely the US Dollar as the main currency of world reserves, is almost over. We should all be concerned and willing to deal with this matter, because the economy involves all levels of society. But unfortunately, we are not worried and not willing.

If seen from the history of the US has carried out economic barriers against several world countries, namely Russia, Syria, Iran, Venezuela, North Korea. America actually no longer has "true allies" for now. The US has bullied many countries in the world for decades to keep them in power.

The US Dollar was actually dead when they first started QE1 on November 25, 2008. There is no way to stop Quantity Easing which has already started and it will continue to grow until it explodes when hyper-inflation occurs.

If the US Dollar has disappeared as a Reserve Currency the US people will be shocked to see the fact, how fragile their economic system is. The proof can be seen after the arrival of Covid-19, why were US Nurses and their Front-liners forced to reuse "disposable masks" and use waste plastic as PPE?

This cashless is part of the plan when this virus is released. If this Fractional Banking system crashes and is on the verge of failure, they simply create a new plan using the virus as an excuse. This new system is very effective in controlling any transaction. Many conspiracy theorists say the end game for this pandemic is the collapse of the US economy.

Of course the solution is to introduce a one world currency, owned by the IMF and BIS and overseen by the International Banking Cartel. All countries are easily beguiled once again accept to use a debt-built system that is no longer physical but in digital form.

One world currency, one world banking, and one world economy are on their agenda. If you want to make a story, one world government has existed, namely the UN as legitimacy for central world government so far.

Before all this is over, the Federal Reserve will continue to print more fiat money and will smolder toward destruction through the debt bubble. And this will make a complete recipe to fulfill the agenda that has been played since the start of Covid-19 as a way of opening. The economic devastation created by this debt is inevitable. The value of your salary is decreasing and the cost of daily living continues to increase.

We can see that the group that is most impressed is the low-middle class fighting to accommodate commitment spending which has been without any problems before Corona. This group lives in pursuit of their respective dreams and is looking for a piece of fiat money to allow them to eat to live. The majority of us are already tied up with car debt, house debt, and various debts that cause some of us to not only work to eat, but also work to pay off debts.

The war against the capitalist system and the financial system built on debt is a struggle to free life from the snares of Modern Slavery. In order to make cashless societies fully successful, Biometric implants have been designed for a long time in prototype form. The introduction of Universal Basic Income is the best bait for all to join in and become a Digital Slave.

The desire to go completely cashless is the desire to give up the freedom one has. Look around you, various e-wallets are growing like mushrooms and various tech vendors and various economic experts have declared fiat money to be very dangerous, which may be like the Coronavirus.

With digital currency, every dollar and every unit of your asset will have a code attached. Each transaction will have a complete history from the beginning and you can also identify the type of your shopping pattern. Through the way you shop, you can realize Social credit Score data with the realization of AI technology. In addition, the negative interest rate has also been introduced by many banks in the world is something to be worried about.

When digital currency starts, Fees and Taxes in each of your transactions will become the new norm. It can be rejected automatically from the digital account you have.

In conclusion, our lives after this will continue to deviate far in the way for you to achieve economic freedom. In addition, the Central Bank and IMF have started the process of developing their digital currency.

Imagine in the future fiat money no longer exists and all money is stored in digital form. Banks may do anything according to their discretion in determining fees for us. The fee charged starts at 1.3% for business accounts and 3% charge for buying goods using a credit card not including internet charges of 20%+. If you oppose them or interfere easily they deny your access. Accounts can be frozen without any reasonable reason given.

They will also have extensive access to all your shopping. If the war against the fiat money system created from debt is not carried out properly, we will lose the Free Society.

When digital transformation is introduced, you will not realize that every month the bank has eaten a part of your monthly income on a regular and automatic basis if fiat money no longer exists.

No one can stop the Bitcoin system since it was introduced in 2009 as open source until now. With the realization of relentless propaganda in the mainstream media in several developed countries such as the US, UK, China, HK and Dubai, it has told us that fiat money is not only spreading viruses, in fact there are other types of bacteria that live on fiat money through a study made by the University in New York.

It is undeniable, that all of us will not be able to resist the new technology. Blockchain and Crypto Currency will be realized as a solution. It's certainly not Bitcoin. It is a system that will be fully owned by every government/kingdom that governs each of these countries. It is called CBDC (Central Bank Digital Currency).

Blockchain technology has the characteristics of being decentralized. Distributed, Tamper-Proof, Immutable, and Open Source while making the system Transparent & Secure. With these characteristics introduced, of course, the majority of the people cheered their arrival.

By introducing Central Bank Digital Currency (CBDC) and Decentralized Bio-metric ID, Digital Totalitarianism will be realized. Welcome to Digital Transformation and Cashless Society. Read more: Why Cryptocurrency is Better Than Cash? and Decentralized Finance (DeFi) for Beginner, Advantages of DeFi and DeFi Offer.

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