Visa Creating Infrastructure for Digital US Dollar and Other Global Currencies

At the same time that forced vaccinations and implantable computer chips are the talk of the town, the financial industry is rushing to create a new digital currency that would work really well with an implantable computer chip.

But just so you understand, this is all about protecting you from the flu somehow. Seriously, the ruling class that lets millions of people die from heart disease caused by obesity caused by a corrupt food supply, drug overdoses from drugs the government refuses to get off of the streets and suicides caused by a completely broken society is just really, really concerned about old people dying from the flu for some reason.

If you doubt that this is all about protecting people in nursing homes, you are a conspiracy theorist spreading disinformation and you are banned from the internet.

Payment Source:

The coronavirus recovery is accelerating government involvement in payments, providing Visa a chance to turn a developing currency concept into a route for federal transactions.

The U.S. Patent office on Friday published a Visa patent application to create a technology gateway that could allow central bank currencies for any nation to be digitized. Visa filed the application in November, predating the coronavirus crisis that has generated more interest in digital money.

The application details a centralized computing system that receives information and denomination of a traditional currency, which is then converted to a digital form and recorded on a distributed ledger. This could work with any traditional currency, placing Visa in the middle of the process.

“This is clever. It positions Visa as a potential government partner to quickly deploy a digital currency that, with some significant effort, could ride the Visa rails,” said Tim Sloane, vice president of payments innovation and the director of the emerging technologies advisory service at Mercator.

It’s also a way for Visa to respond to changes in money movement that could potentially compete with the card network. Visa was initially part of Facebook’s Libra project, but left the initiative along with several other high-profile payment companies when regulators and politicians pressured Libra — mostly over Facebook’s role and the potential to circumvent government monetary policy.

“Widespread adoption of digital currencies would be bad for Visa’s traditional retail payments franchise,” said Eric Grover, a principal at Intrepid Ventures, adding this may be a case of Visa hedging against central bank or Libra-style digital currencies. “A digital currency supported by Visa and issued by banks could fit nicely with Visa’s business model of delivering payment products through license banks, albeit with thinner transaction economics.”

Visa did not return a request for comment by deadline. Visa’s application says cryptocurrency systems have advantages over traditional currencies, such as faster transfers, and the immutable record of transactions on a blockchain, which creates trust. Visa also argues governments likely cannot convert their systems entire to a crypto model, since that requires more technology than is widely available.

Like the card company’s tokenization and standardized buy button for online payments, Visa’s effort is an ongoing project that’s happening as millions of consumers and businesses digitize payment much faster than the previous trend.

The same can be said for central bank digital currencies. Many central banks were already working on digitizing their currencies to respond to the increasing role of cryptocurrency and blockchain technology, as well as the global attention given to Facebook’s Libra project.

But this focus has turned to the delivery of government stimulus, which in theory can work faster with more broadly available digital alternatives rather than government checks. U.S. legislators have pushed for “digital dollars” or a public P2P app to speed government disbursement. These proposals would require the government to add digital payments technology.

The European Union has considered a “digital euro” to spur coronavirus recovery, and dozens of other countries are working on similar projects, giving Visa plenty of opportunities to partner with governments.

Of course they’re going to let Visa manage this new digital currency. As long as they’re able to beat Silicon Valley in getting the infrastructure in place.

Imagine that we’re having this conversation, and that the reason is “because the flu.”

What this is all obviously headed towards is a UBI system that will be connected to an implantable computer chip, which will also have all of your health information contained in it. This will allow them to cut payments to you if you refuse to get vaccines.

The question about all of this is not so much if but when. I would generally say, “it will probably be a while,” but at this point, I don’t really think it’s reasonable to make that assumption. Three months ago, you had Constitutional rights, a job and the ability to walk around as you pleased in public, talking to whomever you wished to speak to. You now have none of that, and the discussion about giving these things back to you is not especially serious, nor does the government or media appear to feel compelled to explain to you why they took these things away in the first place beyond “because of a virus.”

The government and media have seen that they are able to rapidly do things to you and you will not really respond, so they’re just going to keep doing things to you. Yes, there will be a period of time between when they start injecting people with computer chips and when they pass a law making it compulsory, but Alan Dershowitz is already making the argument that the government can forcibly inject you with a vaccine.

If they can forcibly inject you with a vaccine, they can forcibly inject you with a computer chip.

We really need to start taking the fact that this is all happening seriously. We are now on a road that we are not going to get off of, headed for a place we do not want to be. There’s nothing any of us can do to resist this or organize against it other than attend the protests, but the biggest part of this is going to be managing it in your own brain. The reason that this is happening like this is that people are in denial. Their brains are incapable of processing the scope of this situation.

At first many were dazzled by the flu. Then it was unbelievable that the lockdown was happening for literally no explainable reason. Then it became impossible for people to manage the fact that they are now without a job and will probably remain that way for the rest of their lives.

Most people have not even gotten to the realm of contemplating the fact that the government and media are planning to continue to push onward with this agenda until they have a global government with the entire population implanted with computer chips and some kind of bizarre satanic central authority in Jerusalem.

But it is what it do.