"Those who would give up essential Liberty, to purchase a little temporary Safety, deserve neither Liberty nor Safety.

Central Bank Digital Currency Is The Endgame, Part 2

Contrary to the stories we are told, central banks are private corporations. These private corporations operate a global monetary and financial empire that is overseen and coordinated by the Bank for International Settlements (BIS).

The BIS does not come under the jurisdiction of any nation state nor intergovernmental organisation. It is exempt from all “law” and is arguably sovereign over the entire planet. As its current monetary system power-base declines, it is rolling out CBDC to protect and enhance its own authority.

While a “most likely” CBDC “platform” model has emerged, there is, as yet, no agreed single technical specification for CBDC. But, for the reasons we discussed previously, it is safe to say that no national model will be based upon a permissionless DLT—blockchain or otherwise—and all of them will be “interoperable.”

https://www.zerohedge.com/geopolitical/central-bank-digital-currency-endgame-part-2