China leads the world with new state-backed digital currency – Axios

https://www.axios.com/china-digital-currency-dd20ff05-7562-4e10-966e-43caf00e629e.html

In the hands of an authoritarian government, a digital currency also offers unprecedented surveillance and control. “Never before has a government ever had access to individual user transactions directly. Technology hasn’t allowed that,” Fanusie told Axios.

“DCEP offers a direct route for the government to cut a person off from payments, from their funds, from their accounts. Right now, the government has to go through a private company or a bank to do that.”

This capability could be used to reduce criminal abuse of the financial system, but also in theory to monitor and shut down the accounts of dissidents, human rights activists, persecuted groups such as Uyghurs, and others engaging in non-criminal behavior that the Chinese Communist Party may want to suppress.

The One World Currency is rolling out.. Brace yourselves for what’s coming..

Please repent and accept the free gift of Jesus Christ’s death on the cross for payment for your sins..

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