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Mastercard CEO: SWIFT Payment System May Be Replaced By CBDCs In Five Years

submitted by TheGardener to EconomicCollapse 2.9 yearsMay 30, 2022 21:44:54 ago (+14/-1)     (www.zerohedge.com)

https://www.zerohedge.com/geopolitical/mastercard-ceo-swift-payment-system-may-be-replaced-cbdcs-five-years

WEF in Davos - Mastercard CEO Michael Miebach during a discussion on the future of cross-border payments between nations:

The SWIFT system, long dominated by western interests, might be made obsolete along with the proliferation of digital currencies among central banks.

IMF has been also exceedingly vocal about the need for a global digital currency system in the near future to provide “stability” in the face of national inflationary crisis events.

It seems that western sanctions are only accelerating a global move away from dollar denominated structures, but of course, this may be exactly what global institutions like the WEF and IMF want.

Global economic centralization.
Groups like the IMF and WEF could come to “save the day” by instituting a global basket system, likely under the SDR (Special Drawing Rights) basket, in the name of homogenizing and stabilizing various CBDC markets into a single centralized entity.



14 comments block


[ - ] knightwarrior41 4 points 2.9 yearsMay 30, 2022 22:01:26 ago (+4/-0)

they are going to digitize our collective asses

[ - ] TheGardener [op] 0 points 2.9 yearsMay 30, 2022 22:29:01 ago (+0/-0)

yep, they will pull this digital identity phone app from the other pocket, and we will be sixsixsixed. well that is their wish.

[ - ] Clubberlang 3 points 2.9 yearsMay 30, 2022 22:48:49 ago (+3/-0)

It's an invisible tattoo on your right hand or forehead wutsyer prallem?! Wutteryoo antitattoo?! Jess gittit areddy jaysus!!

[ - ] TheGardener [op] 0 points 2.9 yearsMay 30, 2022 23:12:15 ago (+0/-0)

lmao

[ - ] Clubberlang 0 points 2.9 yearsMay 30, 2022 23:13:23 ago (+0/-0)

Omaigoowad anudda antitattoowerahhhhh!!

[ - ] BlueEyedAngloMasterRaceGod 3 points 2.9 yearsMay 31, 2022 00:51:11 ago (+3/-0)

so they're going to use inflation to destroy our currencies forcing a needed replacement. sounds right.

[ - ] Belrick 1 point 2.9 yearsMay 31, 2022 01:15:27 ago (+1/-0)

More that they are extracting the last wealth out of currency they can before discarding the worthless husks

[ - ] HeyJames 3 points 2.9 yearsMay 30, 2022 22:35:16 ago (+4/-1)

All the fags tell us crypto will save us lmfao!

[ - ] Teefinyomouf 3 points 2.9 yearsMay 30, 2022 23:11:50 ago (+3/-0)

CBDC = bankercoin. The CB stands for central bank. These won't be the grass-roots democratic or scammy premined cryptos you know and love. They'll be "for us by us" currencies of elites. It will be illegal for you to even know what they are.

[ - ] deleted 0 points 2.9 yearsMay 30, 2022 23:24:40 ago (+0/-0)

deleted

[ - ] WanderingToast 0 points 2.9 yearsMay 31, 2022 04:37:57 ago (+0/-0)

So now that swift has thrown away it's monopoly (the one thing it had going for it) and future purchases of energy, food, fertilizer and consumer goods need to be made in digital won...were gonna move away from swift and towards digital central bank currencies ...

You don't say

[ - ] BrokenVoat 0 points 2.9 yearsMay 31, 2022 03:02:31 ago (+0/-0)

CBDC unlike SWIFT does not work when electricity is gone. There already calls for more papper cash in Europe because of payment issues.

[ - ] GoldenAgeWhen 0 points 2.9 yearsMay 31, 2022 03:31:59 ago (+0/-0)

How does swift work when power goes down?

[ - ] Belrick 0 points 2.9 yearsMay 31, 2022 01:17:02 ago (+0/-0)

Through this they will have an even greater ownership of humans.

They will control when where and if we can earn or buy


They will be the middle monsters in every transaction.

They will taxevery transaction and knowing who you are they will adjust the rate to match your race and gender dear gentile.