Bill Gates, Microsoft founder and billionaire Bill Gates advocated for centralization of control over digital payment systems by advocating that world governments do so.
A June 29 World Bank press release stated that following the COVID-19 pandemic, “Two-thirds of adults worldwide now make or receive a digital payment, with the share in developing economies grew [sic] from 35% in 2014 to 57% in 2021.” The press release, which was based on findings from the Gates-supported 2021 Global Findex database, noted that “over 40% of adults who made merchant in-store or online payments using a card, phone, or the internet did so for the first time since the start of the pandemic.” Gates suggested in the press release that governments exploit this development and start investing in Orwellian digital public infrastructures for payments.
“Governments can take advantage of the Findex’s progress by investing in technology for payment and identification systems, and updating the regulations to protect consumers and foster innovation. This will allow them to expand financial services access for everyone who needs them.,” Gates fawned in a statement. “The world has a crucial opportunity to build a more inclusive and resilient economy and provide a gateway to prosperity for billions of people.” [Emphasis added.]
In a report that blew the lid off Gates’s phony virtue-posturing, Reclaim The Net stated that digital payment infrastructures would go far “[b]eyond simply keeping an ever watchful eye over what citizens are up to.” Disturbingly, “[G]The overnments might also have the power to make far more extreme and immediately more dangerous moves.Such as cutting people off their money,” Reclaim The Net noted.
Canada’s recent throttling of the digital accounts associated with truckers protesting the country’s harsh COVID-19 mandates illustrated how blocking people’s access to their money was “perfectly doable even without centralized, government-issued digital money,” Reclaim The Net stated. [Emphasis added.]
Gates’s draconian sentiment on the matter of centralized digital payment systems is especially chilling given the Federal Reserve’s recent push to explore a government-managed digital currency. Fed Chairman Jerome Powell said in a statement just under two weeks before Gates’s comments that “we are examining whether a U.S. central bank digital currency would improve upon what is an already safe and efficient domestic payment system. As our white paper on this topic notes, a U.S. CBDC could also potentially help maintain the dollar’s international standing.”
Conservatives are being attacked. Reach out to ABC News by calling 818-460-777 and CBS News by dialing 212-975-33247. Contact NBC News at 212-664-6192And they demand that they highlight the dangers associated with a centrally managed, digital payment system.