In a fresh interview on the Ask Andrew podcast, the former vice president at Pfizer, Dr. Mike Yeadon, spoke about how the union of central bank digital currencies and digital identity may be used to control every intricate detail of human lives, among other things.

Former Pfizer VP Speaks Out

Yeadon talks about a globally interoperable digital ID, which contains health data, banking data and all individually identifiable data that would be necessary to live, work and move around.

“It contains all of you: your health data, your unique ID dat, your financial data, your driving history, where you live, what you’ve bought”.

Towards the end of the clip, Dr. Yeadon takes an ominous turn, and suggests that through mRNA gene therapy rollouts, which have been unofficially linked to increasing and as yet unexplained rising all-cause mortality rates post-2021, the world may even face accelerating depopulation.

In fact, in various chilling interviews, Dr. Yeadon cites the UN’s Agenda 2030, which he intimates means that vast swathes of populations would increasingly face starvation due to so-called ‘Sustainable Development Goals’.

“Their plans, as you can see from the [UN Agenda 2030] Sustainable Development Goals, is that you will have as little mobility as possible, you’ll be cold unless you live in a warm country, and you’ll be hungry unless you like bugs. That situation is one that’s unlivable as far as I’m concerned. A complete loss of freedom is not a world I want to be in.”

CBDCs & the Corruption of Money

Dr. Yeadon is hardly alone in expressing concerns regarding the union of central bank digital currencies and digital ID. A recent opinion piece by Bitcoin Magazine’s Josef Tetek, published on Nasdaq.com, underscores how a CBDCs’ programmability will render money as it is used today obsolete.

“Imagine this: It’s payday but before the money reaches your account, someone else has already decided what you’ll spend your money on — one third of your paycheck on housing, one third on food (only plant and insect protein allowed), 10% on transportation (with little allowance for gas), 10% on a mandatory pension plan (mostly allocated to government bonds) and the remaining 14% on clothing, alcohol and pharmaceuticals in state-licensed shops. Spending outside of these allocations comes with huge markups and, as if this isn’t bad enough, saving is impossible as this money comes with an expiration date: after three months, it simply disappears from your account.

This dystopian world is closer than you think. Central bank digital currencies, or CBDCs, could make it a reality. CBDCs are an attempt to duct-tape the failing monetary system back together, and in the process provide the State with nearly unlimited control over the financial system, and thus our spending habits and the way we lead our lives.”

This ultimate corruption of money appears to be a last ditch effort to save a monetary regime which can neither maintain purchasing power over time, nor can it function as a means to properly encourage real growth in economies worldwide.

Scholars, mathematicians and economists have debated money and its properties since time immemorial. While there are various approaches, one thing is certain: money is not arbitrary.

There are three basic components for money to function; these are fungibility, censorship resistance and a limited supply. Fungibility is the property of a good or a commodity whose individual units are essentially interchangeable; censorship resistance is a deliberate design attribute which defends against a government’s reliable inclination to abuse its powers; and a limited supply ensures that money retains its purchasing power over time, since the amount of units do not change.

Of these three fundamental properties, central bank digital currencies hold none, while Bitcoin and Litecoin are predicated on all three.

Up until now, even the most totalitarian governments haven’t managed to obtain full control over all transactions. But with increasing restrictions on cash, and incoming CBDCs, countries are fast-moving into a cashless society that may eventually run solely on state-managed money.

All the while, freedom-enabling cryptocurrencies such as Bitcoin and Litecoin continue running seamlessly as free-market and fair systems outside state-control.


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