What is Project Icebreaker? (Hint: it's about digital currency)

What is Project Icebreaker?  What is the BIS?  Brandon Smith answers both questions at InfoWars.  First, two major take-aways re: the Central Bank Digital Currency (CBDCs):

In a cashless society most people would be dependent on digital products for exchanging goods and labor, and this would of course mean the end of all privacy in trade. Everything you buy or sell or work for in your life would be recorded, and this lack of anonymity could be used to stifle your freedoms in the future.

With CBDCs in place and no physical cash in existence, your savings will never be truly yours and you’ll never be able to hold your purchasing power in your hands. The means of exchange would be bottle-necked by the banks, and governments would have the option to freeze your ability to transact.

And now for two answers:

. . . The Orwellian nature of CBDCs cannot be overstated. In a cashless society most people would be dependent on digital products for exchanging goods and labor, and this would of course mean the end of all privacy in trade. Everything you buy or sell or work for in your life would be recorded, and this lack of anonymity could be used to stifle your freedoms in the future.

. . .

It’s important to understand that central bankers are moving at breakneck speed to develop and introduce digital currencies. It’s not a matter of experimentation, they already have these systems ready to implement. The Federal Reserve’s instant transfer program “FedNow” is set to debut this July, which is not a CBDC but it is an intermediary step towards instituting CBDCs in the near term.

In my investigations of various CBDC programs and how quickly they are progressing I came across an interesting program called “Project Icebreaker” being run by the Bank for International Settlements (BIS). For those not aware, the BIS is a globalist institution with a clandestine past known as the “central bank of central banks.” It is the policy making hub for most of the central banks in the world. If you ever wondered how it was possible for so many national central banks to operate in tandem with each other instead of acting in the interests of the countries they reside in, the BIS is the answer. In other words, organizations like the Federal Reserve are not necessarily loyal to Americans or to American officials, they are loyal to the dictates of the BIS.

The BIS is at the forefront of the movement towards the adoption of CBDCs. . . .

. . . Project Icebreaker in particular grabbed my attention for a number of reasons. The BIS describes the project as a foreign exchange clearing house for Retail CBDCs (retail CBDCs are digital currencies used by the regular public and businesses), enabling the currencies to be traded from country to country quickly and efficiently. This is accomplished using the “Icebreaker Hub”, a BIS controlled mechanism which facilitates data transfers for an array of transactions while connecting banks to other banks. . . .

Read the full report here.   This blog has previously posted on the subject of digital currency, e.g., here and here.

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