Central Banks Plan Currency Chip Implants In People, Experts Warn (Worthy News Investigation)

By Stefan J. Bos, Chief International Correspondent Worthy News

BUDAPEST/WASHINGTON (Worthy News) – Central banks plan to roll out Central Bank Digital Currencies (CBDCs) in microchips implanted under the skin, enabling government control over the world population’s personal expenditures, including buying food and water, several sources familiar with the scheme say.

In comments monitored by Worthy News, Professor Richard Werner, a prominent German economist, warned: “I was taught by a central banker [that] the CBDCs look like a small grain of rice that they want to put under your skin.”

Werner, who spent time at several central banks and devised the widely used (and according to Werner, abused) bank practice of quantitative easing, added: “You have to think of CDBCs as a control system [or a permit system], not a currency.”

Werner believes such planned implanted CBDCs are a “violation of human dignity,” adding that central bankers realize this common opinion among the masses “is a hurdle.”

“They say there’s a problem of trust because people suspect that governments and central banks are just trying to roll this out in order to monitor and control and restrict transactions. They’re absolutely right,” said Werner, “That is the true attraction for central planners to this powerful technology.”

The CBDCs have already caught the attention of the U.S. central bank. The Federal Reserve explores a digital dollar based on blockchain technology, fueled by the rise in popularity of cryptocurrencies like Bitcoin

CBDCs have also been embraced by other nations, including Communist-run China. “One might think that by being championed by an authoritarian state as a mechanism of financial surveillance, CBDCs would lose their charm to the American government. However, China’s interest has served as the impetus for American exploration of the technology,” noted
Aubrey Strobel, a cryptocurrency expert.

CURRENCY APPS

Werner cautioned that in the “initial phase,” CBDCs, which global groups such as the World Economic Forum support, will be introduced through phone-based applications or apps. Other digital currencies already use those apps. “Why hasn’t it been rolled out yet? There’s no actual need for it. That need has to be created,” Werner added.

Soon after, central banks will pressure people to adopt CBDCs under the skin, starting with generating economic crises that will lead to a demand for a “universal basic income” (UBI), Werner explained.

Werner said banks would claim they “need the latest technology, the CBDC chip implant,” to run the UBI “efficiently.”

Already thousands of thousands of people consented to have microchips implanted under their skin to facilitate financial transactions and access to select locations, most notably in Sweden.

Two-thirds of employees believe that in 2035, humans with chips implanted in their bodies will have “an unfair advantage” in the labor market, according to a Citrix survey of employees in the United States and Europe.

Those sentiments and microchip projects, such as in Sweden, will likely convince more authorities to introduce the CBDC microchip soon, according to a Worthy News assessment.

Former U.S. Assistant Secretary of Housing Catherine Austin Fitts  has said that measures implemented “under the cover” of COVID-19 lay the foundation for a new global central banking “regulatory and economic model that permits far greater central control.”

DIGITAL SURVEILLANCE

She warned that digital surveillance and a social credit system as exists in China would allow central-bank-controlled “credit” to be “adjusted or turned off on an individual basis.”

General Manager Agustín Carstens of the Bank for International Settlements (BIS) has admitted that any Central Bank Digital Currency (CBDC) will have broad implications.

In video footage seen by Worthy News, he said CBDCs would give central banks “absolute control on the rules and regulations” governing CBDC use “and the technology to enforce that.”

Supporters of the CBDCs and the expected implanted microchips argue that they will further ease payment transactions and lift people out of poverty and that privacy will be taken seriously.

But critical experts remain concerned about the digital dawn of a new brave world.

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