At the recent IMF spring meetings, the globalists unveiled their new "international central bank digital currency" called the Universal Monetary Unit, or UMU. The crypto coin functions just like a CBDC and serves as a legal and global money commodity.
"The purpose of this particular iteration of a CBDCs is to make sure banking regulations are enforced, as well as to protect 'the financial integrity of the international banking system,'" reported Reclaim the Net.
Banks can use Unicoin via SWIFT codes and bank accounts that are linked to a UMU digital wallet. This will facilitate digital cross-border payments modeled after the existing SWIFT system, and the IMF says it will allow for the best wholesale exchange rates of settlement currencies along with real-time settlement "while bypassing the correspondent banking system."
(Related: Check out the new CBDC pilot program that Australia just launched for a taste of what is soon to come upon the entire world.)
UMU will "strengthen" the existing international monetary system, says IMF
Admittedly slow, expensive, and risky, the current cross-border payment system that exists can be "strengthened," according to the IMF, by the implementation of UMU. The IMF also wants to do away with the term "crypto" in describing it, since cryptos are traditionally associated with decentralized digital currencies.
To set it apart from all that, the IMF wants UMU to be overtly a central bank-controlled crypto, or "Crypto 2.0," as the globalist entity is now calling it.
As popular as centralized cryptos might be with the globalists, they are overwhelmingly unpopular among the general public. Most people seem to recognize that CBDCs like UMU are a pathway straight into an even worse financial slavery system than the one that already exists.
If central banks control the future of digital money, then you can be sure that all types of spying, tracking, social credit scoring, and other tyrannical schemes will be embedded into it, leaving humanity with no more freedom or liberty.
"More criticism has to do with CBDCs being seen as a way of introducing social credit scores and digital IDs, thus having individuals fully ceding to the government control over their own assets and/or the amount they spend," reports explain.
"Unlike cash and decentralized crypto, CBCDs are feared to spell the end of private financial affairs, and usher in even more surveillance by the authorities."
Obviously, this is all headed straight towards what the Bible predicted concerning a one-world currency and the infamous mark of the beast, which will be a necessary component of buying or selling. The question remains: will the mark be a CBDC, or will it be a much tricker decentralized paradigm that emerges just in time to "save" the world from the threat of a CBDC like Unicoin?
"No one, no matter his social class or influence, will be able to buy or sell unless he has a mark upon the forehead or hand to signify devotion to the beast," wrote one commenter about the matter, quoting loosely from Revelation 13:16.
"It's coming," wrote another. "In America, the FedNow pilot program goes online later this month for early adopters, and is expected to be fully operational by fall 2023. All of the biggest payment processors are already on-board with this. Expect a major marketing blitz stressing the convenience of using it."
As the world fast-tracks towards a global dictatorship, complete with a one-world cryptocurrency, you can keep informed about the latest at Collapse.news.
Sources for this article include:
Please contact us for more information.
