Part 1 Understanding Digital Currency For 2025

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It doesn’t take a genius to figure out where this could be heading. For a moment, I would like for you to imagine a rather chilling “fictional” scenario. Not too far in the future, all “global citizens” are required to possess proper “digital identification” or else they will not be permitted to access the new global digital financial system.

Central banks all over the globe have rolled out their new “central bank digital currencies”, but in order to use those currencies you must “prove that you are who you say you are”, and the only way to do that is with the new global system of digital identification that has been introduced. As cash is phased out, those that resist being part of the new global system are increasingly pushed to the outer fringes of society. Hardly anyone is willing to employ them any longer, it has become virtually impossible for them to get loans, and they are looked down upon by much of the general population. And then after the vast majority of the global population has “willingly” signed up for the new global system of digital identification, it is announced that the system will now become mandatory. That means that anyone that does not submit will not be able to buy, sell, get a job or have a bank account. You may think that I am exaggerating the dangers of a global system of digital identification. I wish that I was. Once a global system of digital identification is introduced, it will rapidly become our most important form of identification.

It will become more important than your driver’s license and more important than your Social Security number. Pretty quickly, it would become required for almost every financial transaction that you make online. A lot of people may think that would be a good thing. After all, there are so many scammers and thieves on the Internet these days. And I would agree that there is a need for more financial security on the Internet, but I am 100 percent against any type of global digital identification system because the potential for tyranny would be off the charts. Unfortunately, that is exactly the type of system that is now being proposed by policymakers at the United Nations.

In a May 2023 policy brief entitled “A Global Digital Compact — an Open, Free and Secure Digital Future for All”, we are told that “an open, free, secure and human-centered digital future” is absolutely critical for the “attainment of the Sustainable Development Goals”… The present brief proposes the development of a Global Digital Compact that would set out principles, objectives and actions for advancing an open, free, secure and human-centered digital future, one that is anchored in universal human rights and that enables the attainment of the Sustainable Development Goals.

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