BRICS is a Globalist Organization
Aug 23, 2023, Survivalist
We’ve got to this conclusion after reviewing articles about the Central Bank Digital Currencies (CBDC) in Brazil, Russia, India and China.
For Brazil: In an article by Yudi Sherman we see that
A developer this month discovered a hidden feature in Brazil’s central bank digital currency (CBDC) that allows the government to freeze funds and even adjust balances.
“The ability to ‘freeze or arrest amounts’ held in [this system] is protected by current legislation in Brazil, according to the Central Bank”…
For Russia: Russian Parliament Passes Digital Ruble Bill
For India: India Targeting One Million CBDC Users in Three Months
For China: China Is Doubling Down on its Digital Currency
For South Africa: The South African Reserve Bank (SARB) has initiated a feasibility study to explore the issuance of a digital rand, which aims to address issues related to financial inclusion, cross-border remittances, and monetary policy management.