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CONTROL: The New World Financial System
In this inaugural subscriber-only special from Crypto Samurai News, Josh dives deep into the transformative world of Central Bank Digital Currencies (CBDCs) and their implications for the global financial system. Recorded on the fly, this episode unpacks the dual nature of CBDCs—wholesale (for inter-country transactions) and retail (for everyday use)—and explores how this programmable, blockchain-based money could reshape economies. Josh highlights the inevitability of CBDCs, citing upcoming rollouts like Europe’s stablecoin in November (as announced by Christine Lagarde), Japan’s efforts, and the USA’s developments. He posits that Ripple’s XRP could emerge as a pivotal supranational currency, bridging these digital systems with its speed, scalability, and potential for higher valuation.
The discussion doesn’t shy away from the darker side: CBDCs’ programmability introduces risks like cancellability, taxation, and unprecedented control—think negative interest rates, social credit scores, or even AI-driven governance. Drawing from his experience with the Blockchain Ledger Oversight Council, Josh reveals how regulators are already tracking wallets and tying them to identities, hinting at a future where financial autonomy could erode. Yet, he also sees opportunity, urging listeners to capitalize on this shift, particularly through XRP and RippleNet’s role in banking the unbanked and streamlining global trade.
From China’s R&D-like rollout to Australia’s 2030 economic transformation plans (including AI decision-making laws), Josh connects the dots on a system that’s both innovative and controlling. This special is a raw, unfiltered look at what’s coming—perfect for those who want to stay ahead of the curve.
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This is just the beginning! Josh promises more deep dives, daily notes, and insider takes as the CBDC revolution unfolds. Don’t miss out—subscribe to Crypto Samurai News on Substack for exclusive access to this special and future updates. Join the community that’s decoding the future of finance, one blockchain at a time!
#crypto #CBDC #fintech #xrpnews
LINK TO FULL AUDIO:
https://open.substack.com/pub/cryptosamurainews/p/control-the-new-world-financial-system?r=50e9s&utm_campaign=post&utm_medium=web&showWelcomeOnShare=true
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