Biden Regime Moves Forward with US Central Bank Digital Currency So They Can Ban, Censor and Shut Down Accounts of Boisterous Conservatives and Starve Them Out

Last July, PayPal partnered with the notoriously far-left Anti-Defamation League (ADL) to determine who can use their services.

The partnership was announced on July 24th, with the companies claiming that they are going to “investigate how extremist and hate movements in the United States take advantage of financial platforms to fund their criminal activities,” according to a report from Reuters.

Of course, the ADL has been known to brand anyone who supports Donald Trump or holds views to the right of Karl Marx as an “extremist.”

Then, without warning, The Gateway Pundit and Jim Hoft were banned from Paypal on the last day of 2021.

The Gateway Pundit is one of the top 250 websites in the United States and one of the top news websites in the country today and had over 900,000,000 page views in 2021. The Gateway continues to grow despite constant attacks, smears, limited social media, and lawsuits.

We have never violated any of Paypal’s bylaws — BUT we are conservative and Pro-Trump.  That was our mistake.

They did not give us a reason for the banning. They say, “It’s contractual right to cease doing business with you pursuant to PayPal’s User Agreement.”

The Democrats have partnered with Big Tech, Big Pharma, and Big Media to stifle, censor, silence, punish, harass, ban and silence conservatives on every prominent social media platform.  Several conservatives have been banned from banks and jobs due to their political beliefs.  Americans who oppose the experimental vaccines have lost their jobs in government and teaching.  Even insurance companies are denying coverage to conservatives. (we know this for a fact!)

Now the Biden regime is working to create a national digital currency for the United States.

The White House reported:

President Biden often summarizes his vision for America in one word: Possibilities. A “digital dollar” may seem far-fetched, but modern technology could make it a real possibility.

A United States central bank digital currency (CBDC) would be a digital form of the U.S. dollar. While the U.S. has not yet decided whether it will pursue a CBDC, the U.S. has been closely examining the implications of, and options for, issuing a CBDC. If the U.S. pursued a CBDC, there could be many possible benefits, such as facilitating efficient and low-cost transactions, fostering greater access to the financial system, boosting economic growth, and supporting the continued centrality of the U.S. within the international financial system. However, a U.S. CBDC could also introduce a variety of risks, as it might affect everything ranging from the stability of the financial system to the protection of sensitive data.

Notably, these benefits and risks might vary significantly based on how the CBDC system is designed and deployed. That is why Executive Order 14067, Ensuring Responsible Development of Digital Assets, placed the highest urgency on research and development efforts into the potential design and deployment options of a U.S. CBDC. The Executive Order directed the Office of Science and Technology Policy (OSTP), in consultation with other Federal departments and agencies, to submit to the President a technical evaluation for a potential U.S. CBDC system.

Today, OSTP is publishing its report, Technical Evaluation for a U.S. Central Bank Digital Currency System, which lays out policy objectives for a potential U.S. CBDC system and analyzes key technical design choices for a U.S. CBDC system. The report also estimates the technical feasibility of building a CBDC minimum viable product and describes how a U.S. CBDC system might affect Federal operations. The report makes recommendations on how to prepare the Federal Government for a U.S. CBDC system. Importantly, the report does not make any assessments or recommendations about whether the U.S. should pursue a CBDC, nor does it make any decisions regarding particular design choices for a potential U.S. CBDC system.

Does anyone really believe the communist left will not use such a system to punish their political enemies?

Of course they will. They already are. Has anyone counted the current number of jailed J6 activists who never even walked inside the the US Capitol on January 6?

Democrats will do anything they can to destroy ANYONE on the right who gets in their way.

To trust grifter Joe Biden or the Democrats with a digital currency is naive to say the least. It will be another tool in their arsenal to punish and starve out their political opponents.

We must NEVER let this happen.

The post Biden Regime Moves Forward with US Central Bank Digital Currency So They Can Ban, Censor and Shut Down Accounts of Boisterous Conservatives and Starve Them Out appeared first on The Gateway Pundit.

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