Ironically, their claim that there is currently “no talk of banning cryptocurrency” hit hard on two levels. First, the need to even state that they’re not talking about it yet means they plan on talking about it in the future. Second, it lines up with theories that the powers-that-be will attempt to piggyback on the popularity of blockchain currencies to force the centralized and fully-controlled digital currencies they want to roll out to the world.

Let’s quickly explain the huge difference between cryptocurrencies like Bitcoin and CBDCs like the upcoming “Digital Dollar.” With cryptocurrencies, there is inherent security and privacy because they are decentralized. They aren’t foolproof but they currently act as a relatively untouchable way to hold wealth, albeit in a volatile environment. CBDCs are, by their very nature, centralized and controlled. They may share similarities from a technological perspective but they are diametrically opposite when it comes to authoritarian control over them.

If the globalists, central banks, and most governments have their way, they will regulate cryptocurrencies, then pull a switcheroo and replace them with Central Bank Digital Currencies.

As reported by Madeleine Hubbard at Just The News:

A global consensus on cryptocurrency regulation is emerging from the G20 Summit in New Delhi, India, officials said Sunday.

Gita Gopinath, the International Monetary Fund’s first deputy managing director, said in a video that the Group of 20, which is currently led by India, “helped shape a global perspective on how policymakers should deal with crypto assets.”

IMF Managing Director Kristalina Georgieva said India led the way in “setting up a road map for crypto regulations,” and that her organization is “contributing to proposals for a comprehensive policy framework.”

Gopinath said that although principles have been agreed upon, “there is no talk of banning cryptocurrencies, indicating a global consensus against such measures,” according to Indian outlet Business Today.

Rather than legalizing cryptocurrency assets like Bitcoin as legal tender, the guidelines suggest creating licensing and registration processes for crypto asset issuers, focusing on treating the activities similarly.

For the last few years, it has been challenging to deny the benefits of cryptocurrencies in their current form. We promote physical gold and silver because they protect wealth in a tangible form, but cryptocurrencies have enjoyed other benefits that have made them smart investments in the eyes of many.

That appears to be changing.

Letting the globalist elite cabal regulate cryptocurrencies is like putting arsonists in charge of the fire department. They are threatened by cryptocurrencies, but their beloved CBDCs can fix it for them.

What are your thoughts? Leave a comment at our Economic Collapse Substack.

But it’s not just the actual leaders. Royalty has entered the fray, and while they have very little direct governmental power, they still hold sway using proxies and resources that often make them more dangerous than elected officials. Nobody votes for a King or Queen who has decades or even centuries of accumulated family power. One such quickly emerging bad guy is Queen Máxima of the Netherlands. She made her presence known as I discussed in a short segment during the latest episode of The JD Rucker Show. Here’s the clip:

Here’s the article by Didi Rancovik from Reclaim The Net that explains the details:

Some might say that in this day and age, members of royal families across Europe should be treated like children in Victorian England: seen, but not heard.

They still appear to be pretty quiet in England – at least when it comes to digital money, cryptocurrencies, and related issues. But over in the Netherlands, Queen Máxima is very active of late trying her hand at vigorously promoting Central Bank Digital Currencies (CBDCs).

Not even a week ago, at a meeting dedicated to the digital euro in Brussels, Máxima made a “passionate plea” in favor of these controversial digital versions of fiat money; now, the audience gathered in Bali for the G20 summit heard much the same.

And critics say, it is at its core a call to introduce “a social credit system based on the Chinese model.”

Financial expert Arno Wellens, is one of those critics. “Max wants to introduce programmable digital money, supposedly to help the poor. That is a nonsensical argument,” Wellens wrote.

“This central bank digital currency (CBDC) destroys our privacy. Soon you will be ruled by an app, with which the government can freeze your life at the touch of a button.”

Queen Máxima’s own country’s prime minister and finance minister were in the audience in Bali, attending the summit’s B20 business event at the G20 conference – and what would a global gathering be without the participation of World Economic Forum’s leader Klaus Schwab, who was also there.

Somewhat amusingly, although perhaps more worryingly – given its status as a “reputable” news source – Reuters reported about Máxima’s remarks in a tweet that claimed “crypto” has a new royal follower.

But CBDCs – which, like the name suggests, are controlled by governments and central banks and whose backers would like to see them linked to digital identities of people around the world in a rather dystopian network – are a very different “beast” that what is known as cryptocurrencies, whose claim to fame is precisely decentralization and “liberation” from central financial authorities.

The Queen cites India a good example of combining digital ID with payment functionality and access to services in one platform.

Máxima sees an important task for stakeholders, such as banks, companies, governments and financial institutions, to enable the digital infrastructure.

Queen Máxima may be vigorous in her CBDCs “propaganda,” as some will no doubt see it, but she does not have anything particularly original or inspirational to say while pitching them to the elites, and by extension to the masses they control.

She talks about “coming together, joining hands, access for everyone” – and her kumbaya speeches insinuate that the world’s real burning problems like runaway inflation, as well as favorite agendas like climate change and Covid, can all be solved with a new, “digital financial infrastructure.”

Máxima is particularly impressed by what’s currently happening in India, where reports say “digital ID cards (are combined) with a payment interface and stakeholder services in an easily accessible platform.”