Central Bank Digital Currency: The CBDC ...

Central Bank Digital Currency: The CBDC Currency Unification Wars

Apr 23, 2022

The Trend To Decentralization Is A Rejection Of Centralized Structures In Totality

Globally, the current collapse of retail banking has been quickening. In Switzerland, UBS Bank is laying off employees and restructuring as quickly as they can. Many within retail banking like to point to blockchain derivatives and blame their misfortunes on cryptocurrency.

This being the case, in a somewhat controlled panic, The Retail Banks' “special interests” are busy in the halls of Congress pressuring lawmakers to get federal law enforcement to raid and arrest small-cap blockchain businesses. At the same time, “the jackals” are trying to be perceived as objective and fair as they go along.

One exception would be Davos’ darling, Nouriel Roubini who proclaims cryptocurrency traders are a ” Cesspool Of Lunatics And Fanatics “. As the panic spreads through the Bank of International Settlements they are missing the wider picture.

Blockchain derivatives or cryptocurrency is just the beginning. The trend to decentralization is a rejection of centralized structures in their totality. The new model of blockchain business communities is almost completely decentralized. Meaning corporate structures are collapsing along with the traditional tax structures. These businesses will only conduct settlements with blockchain assets and there is no place for fiat money.

Is this abnormal? Not at all. Historically, All human ideas regarding business and government collapse eventually when they get too old. This being the case, the Central Banks, are essentially just a guild of bankers. In fact, in London, they have a membership that is referred to as the ” The Guild of International Bankers “. This guild is deeply entrenched with feudalistic language and ideas. And could never innovate quickly enough to compete in a nihilistic existential reality. Therefore, we are witnessing a proportional collapse of the Central Banking system.

The models of Decentralization are now moving forward with incredible speed. The speed that only the Americans with their multicultural ideas of abundance can facilitate. Whereas, in Europe, you will observe a cultural imperative of scarcity, and is completely resistant to change.

Of course, in China, the homogeneous and xenophobic nature of the people could never facilitate a wide-scale open market. Doing business in China is for the Chinese and is closed to everyone else; even though they pretend otherwise. Chinese economies are centralized to the extreme. The decentralization imperative will tear at the fabric of the Chinese system as decentralization moves forward.

Nevertheless, the preachers of the Apocalypse are out in force. But, we can never lose sight of the fact, if you were born in 1910. You would have witnessed the most incredible advancements in human history. You would have witnessed the start of Aviation to the landing on the Moon. You would have witnessed Einstein’s theories on relativity be published. You would have witnessed the discovery of the proton and The Hubble constant. As well as computer science and cryptography. It was only a matter of time before centralized finance came to an end– and here we are.

Contrary to popular belief, human progress is moving more quickly now than ever before. The rejection of the central banking system and its retail appendages is simply a part of human progress. The laws that were made to protect the system are now working against the fiat bureaucracy.

If you think about it, it’s very simple, money is just a (product) that humanity uses for exchange. If it becomes a negative product that people can not use to forward their lives. It will be replaced. Whether it takes the form of an NFT or cryptocurrency it does not matter.

What makes blockchain derivatives a viable product?

  1. Personal Privacy Is An Essential Human Need

  2. Unbreakable Security

  3. Ease Of Use

  4. Immune To Government Corruption Or Interference

  5. Widespread Acceptance for Human Activity

You have a choice, you can use a money product that protects your basic human rights or a product that does not– it’s that simple. No wonder people are adopting cryptocurrency without asking too many questions.

What’s next? A central bank digital currency or (CBDC) Will have the same pitfalls as the terrible money product that currently exist. To start with, the product will debase as you hold it. Second, your basic human need for privacy is not being met. Third, you’re forced to use a product that you may not want. And everybody will love it!

The war to unify all currencies has begun.

A very common use for the FED CBDC, let’s assume you are operating an export business in Cuba and you need to conduct a settlement for a Cuban cigar shipment to Istanbul. You have a choice, you can go to the bank to exchange both currencies and then send the money. Of course, this is expensive, and the risk that the money can be held between either bank for whatever reason is always present. Or, settlement can be as simple as downloading the FED CBDC app and then exchanging the money with a one-to-one peg with the dollar.

Many people think this will be an end to stable coines. Not at all, The FED in turn will accept the current system of blockchain assets like Bitcoin. Because it will feed into the stability of the CBDC narrative as well as help redirect capital into the FEDs CBDC.

Just ask yourself one question. would you rather use a Peso CBDC or the Federal Reserve CBDC? If the answer is neither. Then by inference, you are still using a FED CBDC. The liquidity is coming from the FED in the end.

That is the inverted reality.

What is reality? Money or (any) blockchain derivatives use will always gravitate to where the price of commodities is set. In our case, all commodity prices are set in Chicago or New York. Of course, the most important Commodities oil. The United States military has an iron grip on this product as well as everything else.

This is due to the fact the United States Navy (USN) controls the sea lanes and there are no opposing forces that can challenge their power. The United States can shut down the oil trade anytime they want along with everything else. That is why all upstream oil is traded in US dollars. That is why WTI oil is set in Chicago. The majority of the Bitcoin network uses electricity that is generated by oil to complete its proof-of-work. Therefore, the Bitcoin Network and all its constituent components are paying into the US dollar through oil.

It doesn’t matter what cryptocurrency you use– It will always be a FED CBDC. You succumb to the inverted totalitarian structure without knowing it.

---Roman


Understanding the nuances of the offshore financial centers can be challenging to say the least. In this newsletter, I talk about aspects of our industry that you may never read about otherwise. Some of my most informative articles are only at Substack. This being the case, my goal is to help you preserve your wealth by sharing my experiences.

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