112 Countries are Exploring Central Bank Digital Currency

According to the Atlantic Council’s Central Bank Digital Currency (CBDC) Tracker, by Oct 2022, 112 countries, representing over 95% of global GDP, are exploring a CBDC. 11 countries have already launched a digital currency including Nigeria and numerous Caribbean nations; 14 countries are testing pilot programs including South Korea, Thailand, Saudi Arabia, Sweden, and Communist China where the pilot app is already available for download in 12 cities beginning of this year. 19 of the G20 countries are exploring a CBDC, with 16 already in the development or pilot stage; the US and UK are the furthest behind on CBDC development.

Anthony Pompliano, an American entrepreneur, investor, and Bitcoin supporter commented last March that CBDC will be one of the greatest violations of human rights in history. It removes the privacy and decentralized nature of physical cash, it creates an environment where central banks have complete control over every aspect of a citizen’s financial life. That full transparency with the state removes all elements of privacy, while also giving the institutions the ability to censor any transactions, regardless of whether they have a legitimate reason or not.

Since Apr 2021, Miles Guo, leader of the Whistleblower Movement and founder of the New Federal State of China, has warned the U.S. and the world of the goal of the national digital currency DCEP (Digital Currency Electronic Payment, DC/EP) developed by the CCP is to destroy the US dollar.

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