Former BlackRock Portfolio Manager Explains The Importance Of Resisting CBDCs

Former BlackRock Portfolio Manager Explains The Importance Of Resisting CBDCs

The former BlackRock portfolio manager Ed Down is explaining to people why it’s important to resist CBDCs. Check out the latest reports about this below.

Resisting CBDCs

Here is the tweet that features the video that you really have to see:

Check out the important notes that Wide Awake Media shared on X:

“In these uncertain economic times, allowing the entirety of your wealth and savings to waste away in the bank is just asking for trouble. Not only is it losing purchasing power by the day, as inflation and living costs continue to skyrocket, but in the event of economic catastrophe—which at this point seems more a matter of ‘when’ than of ‘if’—you run the risk of losing everything.

On top of that, with the arrival of programmable CBDCs, you could lose access to your wealth entirely should your government decide they don’t like your political views or something you posted on social media. Maybe you didn’t get all the injections they told you to get? What if they impose expiry dates on your hard-earned life savings?

While cryptocurrencies certainly have some advantages, they would be rendered completely useless if the internet or power grid were to go down. Worse yet, what if governments decide to ban them outright?

Gold and silver, on the other hand, offer iron-clad wealth protection—as well as financial freedom—in the face of ALL the scenarios described above. But where do you even start?”

In order to find out more details about the issue, make sure to check out the complete tweet.

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