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Is the Digital Euro a Trap? | The Dark Truth Behind CBDCs | Beyond Bitcoin · Simply Bitcoin

• 0:00
  CBDC's aren't just about control, they're about something
• 0:02
  quieter and far more sinister. What's that dependency?
• 0:06
  If you can make a population reliant on a system for basic
• 0:10
  life functions, you don't need batons, you just need buttons.
• 0:13
  We're told of digital EUR for convenience, faster payments,
• 0:17
  and the sovereignty of the European nation.
• 0:19
  Is that really true? But why roll it out if people
• 0:21
  are skeptical? Also, the European Union put out
• 0:24
  a survey asking all European citizens what they think about
• 0:28
  the introduction of the CBDC. The responses were
• 0:32
  overwhelmingly negative. Maybe polling the people was
• 0:35
  never a courtesy to the public, but rather a courtesy warning to
• 0:39
  the public. You better get positioned before
• 0:41
  we draw the invisible borders around you on oceans.
• 0:44
  This is beyond Bitcoin. Stick around if you want to
• 0:47
  learn how to protect yourself from one of the most dangerous
• 0:49
  technologies headed our way. Let's dive in.
• 0:56
  Many people are a little worried about what will happen to them
• 1:01
  with the Digital Trade Euro. Can you encourage them?
• 1:06
  Why is the Digital Trade Euro good for people like you and me?
• 1:10
  A digital currency where it has been piloted and there is only
• 1:13
  one which is clearly now launched in, in a, in a very
• 1:16
  small country, but it is piloted on a fairly large scale in, in
• 1:20
  China is of use and of service to all citizens.
• 1:25
  So it is not something that is good for the elite, or is good
• 1:30
  for the young, or is good for some versus others.
• 1:35
  If it is well done, and if it is well implemented, it would be of
• 1:39
  service to all citizens. Dependency is crushing to the
• 1:42
  human soul. Dehumanizing at economic scale.
• 1:45
  When you must use the system to access basic needs, you will
• 1:49
  self censor to keep that access. Now that's much softer than
• 1:52
  force and it's far more durable. Just think about it.
• 1:55
  You have a way of literally controlling swaths of people at
• 1:58
  the point of their transactions. And that's why I use Bitcoin for
• 2:03
  all of my payment needs. Bitcoin is now available near
• 2:07
  you. Call 1800 BIT coin 2200 Bitcoin.
• 2:13
  It's not even an accurate amount of characters for the number
• 2:16
  Bitcoin. Actually, no bit 33 numbers,
• 2:21
  coin 4 numbers. All right, works.
• 2:23
  Ministers say that the digital hero would cut reliance on all
• 2:26
  the big payment providers like Visa and MasterCard.
• 2:29
  That's the state of why. That's what they're telling
• 2:30
  people why they're doing it. I mean, they're pushing a
• 2:33
  digital euro for the good of the people, right?
• 2:35
  You are pushing the digital euro for the good of the people,
• 2:38
  right? Well.
• 2:40
  If it works. So they wouldn't be reliant on
• 2:43
  the big bad tech rails. Instead, it sounds like they
• 2:46
  want you on much more trustworthy rails.
• 2:49
  You know, the ones that they provide.
• 2:51
  The Supreme Court has created a blacklist for so-called bad
• 2:54
  citizens. Those whose ratings have dropped
• 2:57
  to 0 on it are companies, but also 23 million people to date.
• 3:03
  Among them is this journalist Liu, who he got a little too
• 3:07
  close to uncovering corruption among high profile party
• 3:10
  members. After being sued for defamation
• 3:13
  by the subject of a story he'd written.
• 3:15
  He was blacklisted. He only realised when he tried
• 3:18
  to buy a train ticket and was told he was banned from
• 3:21
  travelling. That tells me I'm still on the
• 3:24
  blacklist. Punished because he's been
• 3:28
  branded untrustworthy by the state.
• 3:32
  Once you're blacklisted, you can no longer get a bank loan, start
• 3:36
  a business, buy an apartment, or even send your children to a
• 3:40
  private school. You, who is among a tiny
• 3:46
  minority of people who have dared to criticize the system
• 3:49
  which some are calling a digital dictatorship.
• 3:53
  I worry because I think many people like me will be deprived
• 3:57
  of individual freedoms and all of us will live with
• 4:01
  restrictions of one kind or another.
• 4:05
  This video illustrates the capital controls of this nature
• 4:08
  can extend far beyond your bank account.
• 4:10
  When your social credit score is intertwined with your ability to
• 4:13
  transact, the state suddenly has extremely powerful levers that
• 4:16
  dictate your everyday life. The messages fall in line or be
• 4:19
  locked out of the system. But European citizens saw this
• 4:22
  coming, right? They couldn't possibly want a
• 4:25
  tool that controls their everyday life like this, could
• 4:28
  they? Why would they move forward with
• 4:29
  the European CBDC if these are the kinds of outcomes?
• 4:33
  We here in Europe, we live in a democracy, right?
• 4:37
  Well, think again. For instance, here in the
• 4:39
  Netherlands, even though the entire parliament voted against
• 4:43
  participating in the CBDC, the central bank digital currency,
• 4:47
  the minister Van Hoefle, this clown over here, went to the EU
• 4:52
  in Brussels and signed the agreement single handedly
• 4:56
  ignoring the will of both the parliament and the people.
• 4:59
  Why? Because she thinks it's
• 5:01
  important and in her words her opinion also counts.
• 5:05
  Also, the European Union put out a survey asking all European
• 5:10
  citizens what they think about the introduction of the CBDC.
• 5:14
  The responses were overwhelmingly negative.
• 5:17
  Everyone said don't do it. So what do you think the EU did
• 5:21
  exactly? They ignored the will of the
• 5:23
  people and in the fourth quarter of this year the first version
• 5:28
  of the CBDC will be released. And then in the second quarter
• 5:32
  of next year, the Dutch NLID wallet will be launched.
• 5:36
  And this is where all your money will exist and it will be fully
• 5:40
  programmable. That means they can control what
• 5:43
  you spend your money on. For example, they could restrict
• 5:46
  you to buying only two closing items per month.
• 5:49
  In the name of fighting climate change, of course.
• 5:52
  Or they could require you to spend your savings before a
• 5:55
  certain date, otherwise your saving would vanish just to
• 5:59
  stimulate the economy. At that point we have no
• 6:02
  financial freedom left. Even though nobody wanted this,
• 6:06
  the people didn't want it and the parliament voted against it.
• 6:10
  It's still happening. Is this a democracy or not?
• 6:14
  Let me know in the comments what you think.
• 6:16
  I mean, Europe is already undergoing a transformation in
• 6:19
  their social media policy where a simple social media post can
• 6:23
  land you in jail. We need to seize the phone at
• 6:25
  this current moment. Yeah, it's you.
• 6:28
  The phone needs to get seized from us.
• 6:29
  Otherwise we will escalate this further.
• 6:31
  We have to escalate this further.
• 6:33
  Yeah. Which means your your daughter
• 6:35
  will get arrested For what? You in the social media post.
• 6:38
  I think you do say maybe given evidence.
• 6:40
  Do you understand that? So I'm actually being arrested.
• 6:43
  Gonna be arrested. OK.
• 6:44
  Alright. And that's the police station,
• 6:46
  right? OK.
• 6:47
  This is in relation to some comments that you've made on a
• 6:50
  Facebook page. Think of the power of a CBDC
• 6:54
  where you wouldn't even have to arrest a citizen for something
• 6:58
  that they posted online. You can simply stop their
• 7:01
  ability to transact. You could restrict their
• 7:04
  transactions to a 15 minute proximity around them.
• 7:08
  That's a jail if I ever heard one.
• 7:09
  Just like a 15 minute radius one in that world borders exist on a
• 7:14
  person to person basis. Bob might have the ability to
• 7:17
  transact anywhere he pleases any day of the week.
• 7:20
  But Alice? Maybe she did something wrong.
• 7:23
  Maybe she could only transact on Tuesdays and Thursdays.
• 7:27
  Well, it's because she said something naughty on Facebook
• 7:29
  that we didn't like. For the stability of the
• 7:30
  economy. No, hidden deep in the weeds of
• 7:33
  the EC BS website, among all of their long winded PDFs that no
• 7:36
  one but Chachi PT will open up, is an account of a survey
• 7:39
  conducted of citizens concerns over a digital euro.
• 7:43
  Now here's a list of some of the questions they asked on that
• 7:45
  survey. I want to be able to use it
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  throughout the euro area. I want my payments to remain a
• 7:50
  private matter. I want to be able to use it with
• 7:52
  my smartphone and at payment terminals.
• 7:55
  Notice how none of them ask. I want my digital payments to be
• 7:58
  integrated with a social credit score.
• 7:59
  I want limits on how much I can transact in a day.
• 8:02
  I want to limit my ability to transact based on the
• 8:05
  government's definition of hate speech.
• 8:06
  In the EC BS own consultation, the number one demand was
• 8:09
  privacy. 43% people aren't asking for new levers, they're
• 8:13
  asking for less. What the people are asking the
• 8:15
  most for is privacy, and I think the ECB will deliver on that
• 8:19
  promise. But how important is privacy
• 8:21
  when you can control entire populations?
• 8:25
  Doesn't really matter who or what said what or if you could
• 8:28
  prove it in a court of law. All they have to do is be able
• 8:31
  to shut off your bank account because you did something.
• 8:33
  A camera caught you doing something because you said
• 8:36
  something online that they didn't like.
• 8:38
  This can all be solved algorithmically.
• 8:40
  They don't even have to dive into your privacy.
• 8:44
  It doesn't really matter to them if it's private or not.
• 8:47
  The digital hero isn't even about privacy, It's about
• 8:49
  issuing A checkpoint at every single transaction in your life.
• 8:53
  Today I am announcing this government will make a new free
• 8:58
  of charge digital ID mandatory for the right to work by the end
• 9:03
  of this Parliament. Let me spell that out.
• 9:07
  You will not be able to work in the United Kingdom if you do not
• 9:11
  have digital ID. It's as simple as that.
• 9:15
  Privacy is the least of their concerns, but man, if you say
• 9:18
  something wrong or do something they don't like, you can get
• 9:21
  shut out of their system automatically.
• 9:23
  And here's another ace attribute of the digital euro holding
• 9:26
  limits. The ECB, the European Central
• 9:29
  Bank speeches and research openly contemplate per person
• 9:32
  caps. This is to prevent deposit
• 9:34
  flight. That's a permanent policy lever
• 9:36
  over how much central bank money the public can hold if someone
• 9:39
  else is setting the maximum and how much you are allowed to save
• 9:43
  in the system. That's not convenience.
• 9:45
  That's the ceiling. Now they're also pushing the
• 9:47
  narrative that the digital euro would not be programmable money.
• 9:50
  Yet it could facilitate automatic payments, and the
• 9:53
  system includes calibrated tools like caps to manage liquidity
• 9:57
  and behavior. Olicy can steer outcomes even
• 10:00
  without tagging each transaction with conditions, so it says
• 10:03
  here. The ECB has made the following
• 10:05
  design choices to minimize any potential risks the digital euro
• 10:09
  may pose to the financial system.
• 10:11
  Users would only be able to hold a limited amount of digital euro
• 10:16
  in their account. This would ensure that the
• 10:18
  digital euro would be a safe store of value similar to cash,
• 10:21
  thereby preserving the stability of our financial system and
• 10:24
  preventing outflows of bank deposits even times of crisis.
• 10:28
  Now that's a jail cell if I've ever heard one.
• 10:30
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• 10:34
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• 10:51
  Keep your sovereignty. Protect yourself from
• 10:53
  outagessat123.com Joaquim Niguel Nagel Nagel Nagel.
• 10:59
  What is this Joaquim Niguel? Joaquim Niguel from the BIS says
• 11:03
  that the digital hero will be unifying and trustworthy.
• 11:11
  And who is Joaquim Niguel? Only the president of the
• 11:14
  Bundesbank since 2022 and a European central banker.
• 11:18
  This whole process is not about hunting down Hans and Hamburg
• 11:21
  for hoarding Hefeweizen. This is my precious Hefeweizen.
• 11:25
  It's about population level throttles set, holding caps to
• 11:29
  throttle flights to safety. Enforcing cash ceilings means
• 11:32
  fewer off ramps. At the end of the day, they
• 11:34
  don't have to freeze your assets, they can just reshape
• 11:36
  the pool that you're allowed to swim in.
• 11:38
  And all of This is why owning money that you control matters.
• 11:42
  Bitcoin is borderless, peer-to-peer, censorship
• 11:45
  resistant. It's a bare asset.
• 11:48
  There's no third party setting holding caps on how much Bitcoin
• 11:50
  you have. In a world architected for
• 11:52
  dependency, Bitcoin is a way out.
• 11:54
  Then why would the European Union want their citizens to be
• 11:57
  dependent on them? Well, if they're dependent on
• 11:59
  them, they become slaves. If you can force my transactions
• 12:02
  where I can transact, when I can transact, how I can transact,
• 12:07
  I'm essentially your slave. I will censor my own actions
• 12:10
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• 12:43
  this junkie junkie system. Thank you so much for watching
• 12:47
  this video. I hope you got something out of
• 12:48
  it. If you like what you see and you
• 12:50
  want to see more, you can hit that like button below or you
• 12:53
  can click that subscribe button to the simply Bitcoin channel.
• 12:56
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• 12:58
  the week. Also, do not forget to hit that
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  notification bell. I'm oceans.
• 13:03
  This will be on Bitcoin until next time.