CBDC Ramifications of the G20 Summit

Christian Briggs guests on part 1 of A Good Fight Show with Jameson Haygood. When the G20 met this year, one of the hot topics was how to implement CBDCs across the globe, and a white paper shows the ramping up of the Central Bank Digital Currency and cross border payments. It’s a software architecture system that would allow a centralized digital token to be able to convert local government currencies into the digital currency in the initial launch. Currently, 21 countries are utilizing a centralized digital token based around the Ripple platform. The commissioner president of the EU has called for an international regulatory body for artificial intelligence digital ID systems and advocated for global cooperation to address the challenges presented by AI systems. Now, the problem with assigning a digital ID to all 8 billion people across the globe is that governments around the world will be able to surveille you without any effort, because it is all centralized. Surveillance, control, and containment are guaranteed. On part 2 of A Good Fight Show with Jameson Haygood, they speak about the G20’s plans to impose digital currencies and IDs worldwide. President Putin from Russia and President Xi from China were not present at the G20 summit, as they are working together to create a competing global digital currency based off the BRICS nations (Brazil, Russia, India, China, South Africa). There was a white paper authored on July 20 which confirms the plan to roll out a Central Bank Digital Currency which crosses national boundaries and a joint operation between the Bank for International Settlements (BIS) working with the International Monetary Fund (IMF) to work out cross jurisdiction payments for a central banking digital currency. Why are central banks buying more gold than they ever were before? It’s because these new digital currencies will need to be backstopped by gold.