🔴 BREAKING: CBDC Launch Date REVEALED, Prepare!

Transcript

0:05

hello and welcome back I have a very

0:07

interesting news for you today and I

0:09

wish that what I'm about to share with

0:11

you was not true but it is all of us

0:14

realized that this was just a matter of

0:16

time and the question was never if it

0:19

was when the largest financial services

0:22

transfer system Swift which by the way

0:24

stands for Society for worldwide

0:27

interbank Financial telecommunications

0:29

and Belgian company just like Euro clear

0:32

if you want to go ahead and connect the

0:34

dots so Swift just announced its

0:38

intention to launch new Central Bank

0:41

digital currency platform in 12 to 24

0:44

months from now so in a year to two

0:47

years all ducks will be in a row and

0:49

every single thing will be ready for us

0:51

to be under full and complete control of

0:55

our government that's what this means I

0:58

will remind you that since I started

0:59

researching cbdcs and actively posting

1:02

videos on it the timeline has shifted

1:05

dramatically just a little over a year

1:07

ago think about it just a little over a

1:09

year ago vague statements made by the

1:12

bank for international settlements as

1:14

well as a group of political leaders

1:16

worldwide the majority of whom were from

1:19

the United States and Europe of course

1:21

said oh you know what we're not really

1:22

sure if we even need digital currencies

1:25

we're still thinking about it we're

1:27

developing legal framework where we're

1:30

discussing it it may not even happen so

1:32

don't worry about it well just last week

1:34

fet share drum Powell echoed that and he

1:38

gave an extremely vague I would even go

1:40

as far as to say quite embarrassing for

1:43

a person of his position answer when

1:46

asked about the fed's progress on the

1:48

digital dollar you can watch the full

1:50

video with Powell's response over on my

1:53

substack by the way but here is a short

1:55

version to a conclusion that we should

1:58

propose or

2:00

anything like that a that Congress

2:02

consider legislation to authorize a

2:05

digital dollar and it would take

2:07

legislation by Congress signed by the

2:09

president to to give us the ability to

2:12

do the what we think of as a cbdc which

2:14

is really a retail cbdc with with the

2:16

public of so so we're just a long long

2:19

way from

2:20

that and here we are a week later

2:23

finding out that Swift is launching cbdc

2:26

platform within the next two years and

2:29

it might be safe to assume that if this

2:32

announcement has already been made the

2:35

platform is ready to go it's been tested

2:38

and they're ready to roll it out in fact

2:41

nobody is hiding this anymore for

2:43

example a recent report reads global

2:47

bank messaging Network Swift is planning

2:49

a new platform in the next 1 to two

2:52

years to connect the wave of Central

2:55

Bank digital currencies now in

2:57

development to the existing fin Finance

3:00

system this of course means that we will

3:02

see a wave of cbdcs launched by Major

3:06

economies within the next year or two

3:09

the move which would be one of the most

3:11

significant yet for the cbdc ecosystem

3:14

given Swift's key role in global banking

3:17

is likely to be fine-tuned to when the

3:20

first major ones are launched I will

3:23

remind you that Swift has a truly

3:25

massive Network it is being used in 200

3:27

countries and it is the platform for

3:30

nearly 1,000 Banks worldwide the report

3:34

then goes on to explain that around 90%

3:37

of the world central banks are now

3:39

exploring digital versions of the

3:41

currencies and I would like to point

3:43

something out when they write exploring

3:46

we need to understand that what they

3:48

really mean is aggressively developing

3:52

while remaining completely silent on the

3:55

progress and the timeline during the

3:58

past 3 years we have been getting given

4:00

bids and pieces in many cases

4:03

conflicting and misleading bids and

4:05

pieces of what's really going on behind

4:07

closed doors and of course I would say

4:09

that it has been that way by Design

4:12

Swift said that its latest trial took

4:15

six months and it involved 38 central

4:19

banks in addition to a group of

4:21

commercial Banks and settlement

4:23

platforms reportedly HSBC City Bank and

4:27

Deutsch Bank were involved according to

4:30

Swift the pilot program was one of the

4:33

largest global collaborations on cbdcs

4:36

and tokenized assets to date central

4:39

banks from Germany France Australia

4:42

Singapore Czech Republic and Thailand

4:45

among others were involved this trial

4:48

run focused on making sure that

4:51

different countries cbdcs can all be

4:54

used together even if built on different

4:56

protocols on different platforms it also

4:59

showed that they could be used in highly

5:02

complex trade or foreign exchange

5:05

payments Swift said and I quote here

5:08

it's moving out of experimental stage

5:11

towards something that is becoming a

5:13

reality so what does this mean it means

5:16

that we need to use the next I would say

5:18

12 months to prepare for cbdc launch the

5:22

fact that Fed chair J Powell gave such a

5:24

vague answer without providing any

5:27

valuable information whatsoever should

5:29

tell us something it should tell us that

5:32

there's likely a very important event

5:34

that should in theory take place later

5:37

this year you know what it is and

5:39

because the digital dollar progress is

5:41

kept behind closed doors it will likely

5:44

be a surprise to us all and will provide

5:47

a quote unquote a solution to a problem

5:50

it's part of the problem reaction

5:52

solution Playbook Swift mentioned a

5:55

recent forecast from Boston Consulting

5:58

Group that by 20 30 around $6 trillion

6:03

worth of assets could be tokenized a

6:06

process where assets like stocks and

6:08

bonds are transformed into digital chips

6:11

that can then be issued and traded in

6:14

real time remember that for cbdcs to be

6:17

rolled out they will first tokenize all

6:20

assets absolutely all assets to prepare

6:23

for the digital currency

6:27

launch we tend to establish the

6:30

equivalence with

6:31

cash and there is a huge difference

6:34

there for example in cash we don't know

6:38

for example who's using a $100 bill

6:41

today we don't know who is using a 1,000

6:44

peso bill

6:45

today a key difference in with the

6:48

cbdc is that Central Bank will have

6:52

absolute control on the rules and

6:55

regulations that will determine the use

6:58

of that EXP expression of Central Bank

7:01

liability and also we will have the

7:04

technology to enforce that those are

7:07

those two issues are extremely important

7:10

and that makes a huge difference with

7:13

respect to what to what cash

7:17

is let me know what you think about this

7:20

in the comments below how are you

7:22

preparing I would love to hear from you

7:24

thank you for watching thank you for

7:25

joining me please show your support it

7:28

truly does go a long way make sure that

7:29

you give this video a thumbs up consider

7:31

sharing it and subscribe both on Rumble

7:34

and YouTube I would love to have you

7:37

back for my next one and if you enjoy

7:39

reading check out my substack you will

7:41

find all of my links in the video

7:43

description below enjoy the rest of your

7:45

day and I will see you tomorrow take

7:58

care

8:01

[Music]

8:06

[Music]