CBDCs could lead to dangerous control, this is how to protect your wealth and autonomy - John Butler

Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News interviews John Butler, Investment and Editorial Director at Southbank Investment Research, who says
Central bank digital currencies (CBDCs) can threaten your wealth.
They discuss the rollout of CBDCs, and why they could lead to 'dystopian' scenarios playing out in which government control becomes Orwellian. Butler explains why CBDCs could make inflation worse, and offers his thoughts on what a 'CBDC-defensive' portfolio would entail. They end their discussion with an examination of gold and its role in the coming monetary reset.
Follow Michelle Makori on Twitter: @MichelleMakori ( / michellemakori )
Follow Kitco News on Twitter: @KitcoNewsNOW ( / kitconewsnow )
Follow John Butler on Twitter: @ButlerGoldRevo ( / butlergoldrevo )
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0:00 - CBDC overview
8:38 - Government overreach
14:58 - CBDC implementation
17:35 - Banking crisis
25:44 - Privacy and CBDCs
29:00 - Cash
33:08 - Investment implications
40:35 - Gold
55:12 - Bitcoin
57:26 - Preventing CBDCs
#money #gold #banking
__________________________________________________________________
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[@christinakellenberger9045]

We need to pay cash everywhere we go and support businesses that accept cash!

[@jashevitubs5490]

Regardless, the government can engineer a cash shortage as she said around 33:00.

[@37tara]

I pay everything in cash.❤

[@Metal_seer]

I don't currently do this, because I like the accounting a debit card provides, but probably should. It's disconcerting to think government agencies can browse through my personal transactions anytime they please.

[@WW-md3st]

Absolut unexceptible my money is my money 👍

[@DavidWilson-pn7pi]

How many businesses do you know who still take cash - Portsmouth Football Club in the UK dont take cash!

[@mschroed99]

Canada couldn't care less about their citizens opinion, just like all governments.

[@slimefrank6317]

Pretty sure all of us non partisan common folk whole heartedly agree with you.

[@RaymondLi604]

Chinese Canadian here. Obvious when Huawei scandal happened over a couple of lines in a PowerPoint 🙃

[@rem1762]

They're communists.

[@SamsungSamsung-md9xq]

No cbdc's!

[@helterskelter156]

And then - yet again - its gullible citizens will also be some of the first to embrace it. For an extra 100 Canuckistani Digital Pesos, most Canucks will sign right up..!

[@Northernprepper01]

My wife and I paid off the mortgage on our 40 acre off grid homestead this year... we have a garden, milk goats, pigs, chickens.. we've been heavily investing in PM's and bitcoin. We are looking at putting an apartment in our basement to house another family if needed. I find the future terrifying......sadly so few seem concerned.

[@timseiler1]

where is a good place to set up off grid

[@Metal_seer]

I envy you. I am trapped in an urban environment, for reasons too complicated to explain here, but plan to have a backyard garden and raise chickens, use a hybrid electric system using natural gas, electric, and solar generators and batteries, accumulate gold, keep 2 months income in silver, and protect it all with a pisrol and semi-auto shotgun and lots of ammo. God, gold, and guns. God bless all good people just trying to be productive, contributing, and peaceful.

[@Joe-qv6jh]

When do you plan to get started on your plan ? How long will it take YOU to get all this in place ?

[@Metal_seer]

I'm already well into implenenting my preparedness plan, but probably should be moving faster.

[@dabbbles]

And quite rightly as is becoming more obvious every day. But having achieved that, never forget that you'll have to put your life on the line to KEEP it!

[@commonsense6967]

CBDCs have been outlawed by statute in FL. (Thank you, Gov. Ron DeSantis and legislature!)

[@SamsungSamsung-md9xq]

Yes,no cbdc's in a supposedly democratic country,they are supposed to be working for us,not for their rich oligarch mates!

[@dekoli9957]

This is UP TO US, WE wheel power ppl, without us their are NOTHING... Push back with all you've got

[@architecture.w]

Your vote means nothing, assuming it is even counted.

[@ChancetheCanine]

I hate to tell you but the devil FED has the power!

[@benroberts8489]

@@ChancetheCanine The FED only has the power as long as we are ignorant of their criminal fraudulent nature!!!! Fiats paper currency is the lie that they use to steal from us vast sums of wealth over time.

[@SamsungSamsung-md9xq]

Yes,screw the bankers,they have already proven they are corrupt,the banking Mafia!

[@theresewalters1696]

How do you plan to fight it?

[@darylroughley2807]

Nigerian citizens accepted cbdc under threat of their children going hungry, this is how heartless this situation can become.

[@Andre-lr7ri]

That’s eventually how it will happen in usa as well

[@ZizaGordan]

​​@@Andre-lr7ri I don't think so. I am not an American, but I know that USA is the biggest democracy in the world so there will be massive riots and eventually revolutionary events if they tried to put dictators policies on you ... Don't you agree ?

[@bootangy]

@@Andre-lr7ri and uk

[@alexp3752]

The last I heard, the Nigerian government isn't doing so well with the adoption of CBDC. The people don't want it, and any attempt to continue to push it will not end as those in power believe.

[@joeharvie8362]

They have bitcoin options.

[@WhiteRaven12773]

old way to save your self ... gold silver and bullets , community and farming

[@josephrobi6806]

Just to keep a little bit longer alive but will get the wef war after us because of the depopulation. Get a bible will you. 😅

[@RussCR5187]

"Now I'm hiding in Honduras I'm a desperate man Send lawyers, guns, and money The shit has hit the fan." -- Warren Zevon, "Lawyers, guns, and money", 1978

[@ultravioletindigosoulconne3320]

That's fie people can afford and has work .many people homeless many disabled, many can't get gold and silver. Sad but true

[@BarryKing-mc7vq]

@@RussCR5187😮 precisely

[@billfairhall7828]

This is right out of the WEF handbook.

[@dprhythms5458]

Yes it is and it's scary!!!

[@valerieirvin249]

Soon they will cut off cash completely & you will need to take the chip in your right hand or on your forehead. ( Mark of the beast) but only if you want access" to your " controlled money ....🤔 I'm saying NO !!!!

[@patplante8739]

How can the WEF who were not elected officials get away with all their crap?

[@snowyowl6892]

@@patplante8739 you have to wake up to reality my friend … people think we have “elections” .. NOT SO. We have only had SELECTIONS for a long long time.

[@snowyowl6892]

@@patplante8739 The WEF has been running the world for ‘aeons’. (someone I follow calls them the “motherweffers” 🤣

[@mapodev]

Who Else Sees the mark of the beast incoming? Who Else will refuse digital Dollar and digital wallet?

[@menudobucket9837]

I made relatively the same comment on another video just this morning!

[@tresahollandsworth1382]

I will refuse it

[@jeanpierrebergeron8318]

Try to cross a border with a 100 K worth of your shiny rocks.

[@JILOA]

CBDC's aren't the mark of the beast. They are leading there but the mark of the beast is a mark the anti-Christ will force people to get. We're not there yet.

[@joshspiker]

This is all prophesied in the Bible. Book of Revevlations. Yes, it is coming.

[@maryboyd6636]

I will not be accepting this under any circumstances

[@trg9765]

Da Control is definitely one of the MAIN reasons behind CBDC. COMPLETE AND TOTAL CONTROL OF ALL FINANCIAL MONETARY SYSTEMS. CASH & GOLD ARE KING THEY CANNOT CONTROL IT ALL.

[@dennisexplorer487]

1984 is here, right in front of our eyes.

[@snowyowl6892]

CASH IS KING ?? you mean … IN THE BANK ?? (Or is that the trap)

[@everanon4914]

They will find a way to control cash and gold. They will stop the trading of gold .

[@marybaghikian7026]

@@snowyowl6892 I was asking same thing cash in the bank or, no body knows, if you can’t you cash it should be digital who is gonna take the cash it becomes useless ?

[@t.daniel5003]

They will put a 90% tax on Gold and Silver guaranteed. Lead and copper in the form of bullets will be more valuable.

[@bruce5895]

Silver will be the new cash used for barter in a digital world, gold will be a store of wealth like it always has been.

[@henryjohnson-ville3834]

@@cris-rj5zf They banned 'shrooms, yet I still have them. Fvck the government!

[@bruce5895]

@@cris-rj5zf majority rules, not gov. they come and go when people have to feed themselves its every man for themselves

[@nettynoohawk200]

@@cris-rj5zfThey can try…. people have had more than enough of tyrannical governments.

[@RifleJockey365]

The whole idea of digital currency will not be based on gold or silver. They will become worthless.

[@bruce5895]

@@RifleJockey365 Your right a digital currency will be just numbers on a screen and assigned a value by gov. that will not be backed up with anything but the good faith of the people. This is how its playing out in Europe, some businesses refuse to except digital currency as a means of payment but do except silver or fractional gold, and if people are forced to except digital they cash in a little bit of their metals at a time to use it.

[@Josephine-sm2db]

Thank you Michelle for bringing up this topic over and over again. This is a very informative video.

[@douglascain6404]

Outstanding interview with John Butler, Michelle! I enjoy learning from smart people who talk in complete sentences without repeating themselves.

[@paulscottfilms]

Yes, I noticed the verbal fluency. Sometimes I have to drop my playing speed to 0.75 to retain the flow of information. I thought John Butler was timid in the obvious factor that we have a totalitarian system coming and that our evolution o mere cattle is well on the way,

[@KT-en8pq]

He literally warned us about the obvious. Think about that....

[@abdulsijad2419]

same here hate people who repeat themselves same here hate people who repeat themselves same here.....

[@Jonnys00007]

people need to go door to door tell ppl protest everything . CBDC will put a class collar on ppls necks . Forever . Its all over if this happens. These monsters rig the game get to the top . And then make it so no one else can ever get to the top. This is outrageous

[@huwhitecavebeast1972]

Well there is a way out even after it is implemented, but it requires violence.

[@valerieirvin249]

​@@huwhitecavebeast1972my bank ( key ) in wa state has already started switching over to fed. now...

[@theresewalters1696]

The game has been rigged for decades. That's why it's collapsing. Thus the need for digital ass coverage.

[@kenneymusic]

Thank you, Michelle, for exposing this so efficiently.

[@walkthetalk1653]

Its quite simple "POWER CORRUPTS, ABSOLUTE POWER CORRUPTS ABSOLUTELY"

[@huwhitecavebeast1972]

Not necessarily, it is more that power is magnetic to the corruptible, and the people who wouldn't be corrupted by it don't want it.

[@eb3Variety]

Hey KITCO, give Michelle a nice raise (in metals of course 💰) for her continuous hard work and much time preparing for consistent, great interviews. Another job well done. Thank you Michelle❗️🙏🏻🇨🇦🇺🇸

[@shinyshinyman3777]

CBDC is terrible! We need to protect ourselves with Gold and Silver which will enable us to still do some transactions with privacy and freedom!

[@shinyshinyman3777]

In fact some States are already coming out with Gold-backed currencies. I believe many States will secede from the Union to avoid this abuse of power by the central government! ABSOLUTE POWER CORRUPTS ABSOLUTELY! So the abuse of CBDC is inevitable!

[@oldscratch3535]

​@@cris-rj5zf They do it every day in Venezuela.

[@kirstinstrand6292]

Haha...it will never happen because ppl will not resist? The handwriting is on the walls.

[@bdegrds]

Your an example of someone who easily falls for internet hysteria. Sorry to tell you but everything you do is already tracked, has been for decades. Interac, credit card, pay pal, all online banking, your cell phone has a GPS tracker. Cbdc will not make any difference, they don't need to invent something even they are already doing it

[@oldscratch3535]

@bdegrds You have a point but a CBDC is the ultimate control and surveillance device. Right now I can be invisible by using cash and I can buy whatever I want with it. I guarantee you that a CBDC will only lead to more surveillance and more control.

[@Caomhghin]

You can fool all the people some of the time, and some of the people all the time, but you cannot fool all the people all the time.

[@jetbuggs]

With something life changing such as this, surly the public should be consulted??!!

[@jayr.taylor210]

Thanks. This is one of the best discussions of CBDCs that I’ve ever heard.

[@mikatu]

If you think privacy is just for people trying to do "bad things" just remember that in hong kong people went to the democratic protests by public transports and were being persecuted because used their monthly passes. They had to start paying cash for the tickets in order to use the transports without the chinese government knowing were there were. They were going after anyone who used a certain stop, even if they had nothing to do with the protests.

[@DavidSagala-vs7yf]

People just have to learn history and study the past and they will know the future.

[@lottery248]

HK has all the infrastructure to move to CBDC, and more shops silently going cashless as well. we are one of the earliest ones who exposed WEF as well during that protest, so should you be vigilant to it. we literally live in a police state which they lead the crimes ever the "national security law" is enforced (equivalent to C-11 in Canada, CSAR in the EU, etc.), unlike other countries.

[@jchanmcse]

It's simply because those so called democratic protesters in Hong Kong were rioters and were used by the CIA to create unrest & turmoil Hong Kong.

[@cainejackson8003]

Absolutely, Gold is the real deal!

[@johnqlunchbucket]

Gold is an old technology and a dead rock. Bitcoin is the new gold and far superior as money.

[@erikavarga7060]

Great, thorough interview Michelle. John Butler is very articulate and clear on his views, thank you. No cbdc!

[@jetkastrokdova]

After a horrendous 2022, shell-stunned financial backers have misfortunes to recover and a lot to consider, as an expansion report and a pile of different information did close to nothing to change assumptions that the Central bank would probably keep climbing interest rates regardless of whether the economy dials back, And that implies more red ink for portfolios for the principal quarter of year 2023. How might I benefit from the ongoing unstable market, I'm currently at a junction choosing if to exchange my $250k security/stock portfolio

[@margaritasbunny]

Centre around two key targets. In the first place, remain safeguarded by realising when to offer stocks to cut misfortunes and catch benefits. Second, get ready to benefit when the market turns around. I suggest you look for the direction a representative or monetary consultant.

[@leonarodwell]

@@margaritasbunny >Exactly why i enjoy my day to day market decisions being guided by a portfolio-coach, seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/ analvsis they have, it's near impossible to not outperform, been using a portfolio-coach for over 2years+ and I've netted over 400k

[@Gracej34]

@@leonarodwell I'm sure the idea of a coach might sound generic or controversial to a few, but new study by investopedia found that demand for portfolio-coaches sky-rocketed by over 41.8% since the pandemic and based on firsthand encounter, I can say for certain their skillsets are topnotch, I've raised over $400k from an initially stagnant reserve of $150K all within 14months

[@MarkMilley810]

@@Gracej34 Mind sharing info on the adviser who assisted you? been saving for pension since age 18 - company scheme. along the way I hit higher tax, so I added to my company pension with a SIPP (tax benefits) I'm 46 now and would love to grow my finance more aggressively, there are a few cars I still wish to drive, a few mega holidays, etc.

[@Gracej34]

@@MarkMilley810 My Financial Advisor is CHARLOTTE ANNE MCCONELL. I found her on a CNBC interview where she was featured and reached out to her afterwards. She has since provide entry and exit points on the securities I focus on. You can run a quick online research with her name if you care for supervision. I basically follow her market moves and haven’t regretted doing so.

[@rodmunch1012]

It won't come down to how different governments use it. Because we will all have the same government.

[@huwhitecavebeast1972]

Bingo! You get it.

[@machucagostoso9073]

You mean AI 🤖 lol.

[@DavidJNowak]

“Gold Is Money, Everything Else Is Credit” - JP Morgan

[@jackieherringe]

Gold is eternal, but it can still be manipulated, confiscated or stolen by man.

[@huwhitecavebeast1972]

It can't be manipulated but fraud can be perpetrated. There is nothing that cannot be stolen or confiscated, except perhaps your inner thoughts, for now. There will never be a monetary instrument that cannot be stolen or confiscated.

[@snowyowl6892]

@@huwhitecavebeast1972 They are already set up to read the thoughts of everyone and are doing it right now imo So. BE AWARE - SATAN rules - Do not delude yourself …

[@HigginsLawLLCWinterHaven]

known it has been manipulated

[@vioreliachim5646]

Very informative and educational program. Very knowledgeable guests. Thank you Kitco, thank you Michelle.

[@kitco]

Thanks for watching

[@pete9971]

It's gonna all fall apart and fail ...😐

[@tresahollandsworth1382]

I believe it will fail..but we need to protest to help it fail.....EVERYONE PROTEST

[@brian6x]

Thanks for being so well prepared Michelle. It really shows in the quality of the interview.

[@SamsungSamsung-md9xq]

No cbdc's,how can you trust any of these oligarchs,a bunch of terrorists!

[@caz4523]

People better wake up fast...Its all about control

[@huwhitecavebeast1972]

This guy is smart, he is spot on.

[@watchful4087]

Question: How can we tell the Canadian government that we don't want CBDCs? Fascinating interview.

[@RaymondLi604]

Participate in the consultation process. Let's practice some Direct Democracy! ☝️

[@SamsungSamsung-md9xq]

Don't collectively pay your taxes,until they start working for you,the people!

[@helterskelter156]

Our government doesn’t care. It ceased serving the people, and started prioritizing foreign interests years ago.

[@borispetkau1246]

Democracy doesn't exist in canukistan

[@vickiehadd4324]

GET RID OF TRUDEAU!! CASTRO JUNIOR!!

[@888strummer]

So a CBDC can prevent a bank run if the government simply blocks off all the bank's customers from doing withdrawals

[@masculineleadership]

Straight up theft

[@aldas3831]

Right? Their main concern is the dear banks. Who cares about people’s money?

[@theeconomicrevolutionist]

Here is my solution. If the CBDC is forced on us, I will economically fight back by only purchasing products and goods and services from those that don't use the CBDC and allow physical money or use a CBDC and allow physical gold and physical silver for payment.

[@WhiteRaven12773]

then your tax/retirement/social aid returns will only be paid by such CBDC until you submit .. and a black market will form by the means of supplie and demand and they will add a social credit score

[@moonman_73]

...you don't need to fight at all.Just use GAU with its own wallet and you can purchase and buy worldwide without involvement of any government.Its that simple...

[@theeconomicrevolutionist]

@@moonman_73 I don't know anything about GAU. But if it is a crypto, I have no use or trust for crypto.

[@WhiteRaven12773]

@@theeconomicrevolutionist true government basally defeated it by taxing at the off/on ramps and not many accept it unlike gold backs

[@MrHull]

@@theeconomicrevolutionist Bitcoin is trustless Proof of work

[@makeyourlifeeasier5794]

Michelle asks the right questions. Also an excellent quest. Love the way they point out FED hypocrisy ...

[@dope1725]

Thanks for your hard work

[@joparks2509]

Excellent interview with John Butler. Lots of valuable information shared to your viewers. Thanks, Michelle.

[@Jonnys00007]

as a Canadian I reject CBDC

[@vickVIDEOs3682]

But you can't refuse socialist & leftist Canadian dictator Justin Trudeau

[@Jonnys00007]

@@vickVIDEOs3682 i never voted for him. And next election hes gone most likely .

[@dixztube]

Boy I so enjoyed his argument for gold. That ‘‘twas a pleasure to listen to sir.

[@ginayoung6900]

Another great interview!! Very very scary

[@heatherlavender8236]

Thank you for being out there this is very good and keep up the great work and have a blessed evening!

[@commonsense6967]

Any state in the US has the power to outlaw, by statute, CBDCs in their state, as FL did this year. FL also outlawed the implementation of Communist government CBDCs ( China's and other foreign countries) that might otherwise be used in trade in FL.

[@henryjohnson-ville3834]

Sadly eventually mister DeSantis will leave office causing those cursed CBDCs to come to FL either way. ☹☹

[@alfredoacostabeneficiaryak3239]

They outlawed CBDC in Florida and Indiana....

[@dwdwone]

Texas, too.

[@edhouse4826]

Realize once all countries go this route, they will all at the same time NOT allow any bitcoin buy/sell transactions. You've been warned.

[@Al-nd9ep]

Michelle…… you are the Best!

[@larryseibert4102]

Excellent interview.

[@h2jennings]

Michelle, this was an excellent interview with John Butler. Thank you 😊

[@martinchoi4954]

Great interview and guest, well done!

[@VT-ix5oh]

Very articulate,👍👍

[@andywilliams7283]

This was an excellent episode!

[@leroyjones6170]

I like this guy and his optimism

[@kiflymerhu832]

the problem is not the paper money, but endless printing it. one can manipulate everything.

[@donh5794]

Thanks Michelle for this interview with John Butler. You touched on very important issues with great questions that we care about. Great to hear John's answers and your follow-up questions too. 👍

[@christopherashley7553]

One of your best guest’s Michelle.

[@ddprepper5227]

Excellent report

[@ParasiteJR]

I took the Canadian CBDC survey, not that i think the survey mattered. I think my point was clear i did not want a CBDC in Canada.

[@matthewmorgan9269]

Michelle always has the best segues. Divine indeed !

[@RegulusVi]

Great interview, with competitive people. Thank a lot.

[@evannyakabuski]

The whole thing is clearly about covering up the current system failing and also about future social credit score systems coming. They also use powers for top down control, eventually.

[@vaughandinsmore2487]

An extremely enlightening and beneficial interview of Mr. Butler this is. No doubt his reasonable arguments will play out in the future, and therefore instruct us which is the right street to walk down to attain our goals. Patience/Survivalism is a virtue.

[@lubomirdemcak8401]

Awesome John! Thank you Michelle

[@menudobucket9837]

Gonna be share’n this one! My gratitude 🙏🏽

[@brianrundle2875]

John, saying that man cannot manipulate gold as a base for a currency as it was naturally made is ignoring the history that Gold is the most manipulated commodity in price as the spot is set twice a day in London based on the futures market. Governments constantly buy and sell futures to artificially suppress the price of gold... Aden sisters quote "gold will always dissappoint"

[@SirJamesDTech]

Great interview. I always appreciate when those asking the questions have read up on some of the guest's material. Makes for more in depth content.

[@Nilshelppi]

Very very very bright guy, John , explores a wide spectrum of negative possibilities for CBDC , and alternatives .

[@ChancetheCanine]

If you know your Bible the CBDCs should not surprise anyone! There is a big change coming and for those that know Jesus as their savior it won’t be a problem, for others I pray you come to that saving knowledge now before it is too late! 😊

[@matiasss550]

how foreign exchanges will work with cbdcs?

[@kathleenbenjamin2445]

We have no idea how much gold can be mined. That right there can be manipulated at any point.

[@huwhitecavebeast1972]

How much can be mined is irrelevant.

[@WW-md3st]

Thank you too Mr Butler 👍👏👏👏👏

[@Charles-pu1tx]

Thank you for the video, truth told. Great information. Very needed by everyone. 😁🇺🇸👍

[@leroyessel2010]

Excellent content and highly superior to majority of other content contributors.

[@stephanygates6491]

Heck with more “notes!” Governments can, as several US states have, issue actual goldbacks. Let people use actual, physical money when they want to!

[@jimkennedy8532]

No one has addressed the implication and repayment of the national debt. No one has addressed the ownership of gold, stocks, the autonomy of tax havens, currency exchange, interest rates, etc.

[@mauriciocarli7762]

Exelent ..as you said. Divine note!! From Argentina. Thankss

[@DavidJNowak]

A Texas Senate committee considered a proposal Monday that could give Texans the ability to purchase everyday goods with a new digital currency backed by Texas gold. Senate Bill 2334 proposes to: Establish a new gold and silver based digital currency through the office of the Texas Comptroller of Public Accounts.

[@mr1234tempo]

Just got to love this guy... Gold standard is absolutely the only way to get out of this mess!

[@l.k.7940]

If it worked they would have done it, there are reasons why no known country relies on gold to backup any currency to do certain economics etc.

[@vaughandinsmore2487]

@@l.k.7940 Gold works. However, they haven't embraced Gold because they're fleecing too many sheep with the current monetary environment.

[@unamass75]

@@l.k.7940 isn’t china doing that

[@patrickpontee7985]

Great job !!

[@vivienslennett7197]

Love him 🙌. Very honest.

[@StealthyNomadica]

I am truly impressed with Mr. Butler’s knowledge and ability to clearly articulate complex concepts, but even more impressive is his spiritual perspectives that gold is God’s money, cryptos are fraught with risk, and that human beings are highly adaptable and will naturally fight injustice! It is heartening to hear his vote of confidence that we will inevitably stand up against corruption when we work collaboratively. I for one will resist cdbcs until it comes to starvation and homelessness. I am sick of corrupt entities probing into my deeply private life to exert perverted controls and siphon my hard-earned works away to their corrupt purposes. We (hard-working people) are but batteries to the greedy, unelected meddlers in human affairs who have an overblown sense of entitlement. The good news: God wins!

[@RaymondLi604]

People's Bill of Rights for digital currencies. Tiered systems, privacy budgets, appeals process, public source policy... Start crowd sourcing ideas to limit their abuse. De-risking CBDCs 💡

[@machucagostoso9073]

Just like movies 2 tiered society film IN TIME 2011 Featuring Justin Timberlake babies microchipped for digital currency for life

[@erikonas822]

Agree 100%

[@lupecardenas5338]

Great job. And taking a different look at how things can go

[@adtiamzon3663]

Good conversation, Michelle, John! Way to go - Physical Gold. 🌞💪

[@valerieirvin249]

Senior citizens, who have direct dep., are a sitting 🎯 for these wolves...🤔

[@cherylburger1534]

Ultimately, governments can no longer source a metal cheap enough to have zero intrinsic value.

[@menudobucket9837]

With this payment method, payment of taxes could be manipulated to favor the wealthy at the expense of the impoverished, no?

[@RussCR5187]

Of course. Expect it.

[@bunrisl]

Thanks for this detailed and important discussion. People need to know and think about this seriously.

[@misty671]

Grest conversation. I appreciate the level-headed approach despite the draconian nature of CBDC.

[@SuperLammens]

The way to control us is distraction and fear and division and the way make you feel and be powerless is currency and separation . ❤❤❤❤❤❤❤we create the world with our thoughts and feelings. Stop feeling powerless and create your best world in yr mind and feel it in yr hearth we are energetic vibrational beings❤❤❤❤

[@renegademind1833]

On a better bright side, 'gold transporting' from Country to Country, many opportunities gold 'heists' gone wild. We recently had a juicy gold heist in Canada.

[@debbie6921]

Very informative.....Canadians should listen along with other countries. Do not agree to CBDC.

[@YankeeClippa]

Great interview! Very knowledgeable guest imho 😊

[@janewinthermusic]

Thank you so much for the info to both of you 👌

[@stephanygates6491]

Abuse by those in authority is all but guaranteed.

[@shrutefarmer]

This was a great conversation. Thanks Michelle

[@huwhitecavebeast1972]

Abuse is still abuse whether it is done for "the greater good" or not.

[@pete9971]

The BIS guy looks like he just ate 12 sandwiches...with a side of potato salad.. ....and a diet Coke of course....😐

[@cheesecake7671]

He needs to take the advice and eat the bugs and be happy.

[@MD-hd1cp]

He looked like a cartoon villain

[@leahc5224]

Powell assumes that we’re all stupid.