CBN - The Chinese government is pushing ahead on many fronts to restrict what its population can and cannot do. They already restrict the right of assembly. They already restrict religious freedom. They certainly restrict political speech and any speech that is critical of their government (and the way they run things) is definitely cracked down on.
All you have to do is look at what's happened in Hong Kong over the past just two years and you get a very clear picture of where they're going. But they want to control, and they're doing it right now with social credit scoring where if you don't score a particular way you're not allowed to travel. That's already in place.
But just imagine a government that if you step out of line they can now turn off all your money and do it instantly so you cannot buy or sell, you don't have the right in the marketplace to participate anymore.
That's what digital currency allows a government to do. And if you think it's just going to happen in China think again. The Federal Reserve already has a study group looking at a digital currency for the United States. Why are....READ MORE
The Christian Broadcasting Network is an American conservative evangelical Christian religious television network and production company. Founded by televangelist Pat Robertson, its headquarters and main studios are based in Virginia Beach, Virginia, United States.