Not Letting a Good Tragedy Go to Waste, Banking Elite Use FTX Fraud, Crypto Crash to Push CBDCs

Desultory Heroics

CBDCs mean the total death of any economic freedom the public has left…

By Tyler Durden

Source: The Free Thought Project

Central bankers and international corporate financiers have long been pretending to hate the very concept of cryptocurrencies like Bitcoin and Etherium while at the same time investing heavily in blockchain technologies and infrastructure. The purpose of the ruse is not clear, but more than likely it was an attempt at mass reverse psychology – “We don’t like crypto and digital currencies because we supposedly have no control over them; free market proponents should embrace them blindly because that is how you will beat us.”

In the meantime, while major banking firms are investing billions into various blockchain products, central banks and global institutions like the BIS and IMF have been developing their own systems. In fact, the BIS notes with enthusiasm that around90% of central banksaround the…

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