Good afternoon Preppers welcome to Goshen prepping Central Bank digital currency is that where we're heading I believe so and I think a lot of you do too but how it's actually going to be enacted and pushed into place as the difficult part and also whenUm I think the ultimate goal I think we need to look at first is simply complete control over a currency be able to manipulate markets Etc I think that's what's going to happen with it but again when we talk about how it's going to be enacted just springing it on the American peoplePeople are not going to go for it all too quickly so we have to entice them that's exactly what the Federal Reserve is doing the Board of Governors at the Federal Reserve System press release the FED Reserve announces July launch for their fed now service fed now and whatIs the Fed now service I'm glad you asked the FED now service is a new instant payment infrastructure developed by the Federal Reserve that allows well you know financial institutions of every size across the US to provide safe and efficient instant payment services tell me aren't most the banking servicesPractically instant already I mean I'm not a banker but I think they're actually pretty darn quick to begin with financial institutions and their service providers can use the service to provide Innovative instant payment services to customers and recipients will have full access to funds immediately allowing more flexibility you know the FEDReserve already has a system like this out right now called Cash you pay cash it's instant I mean they may be getting into talking about how if you write a check it'll take what two or three days for it to clear and I mean a lot of people aren't using checks anymoreAnyway but maybe this is their system yeah I bet it is I bet this is their system for replacing checks all access to your account your bank account to be accessed instantly and digitally again getting rid of cash and having a digital currency but there's more to this andIt's interesting they have a video coming through about this and how it's actually going to work and I'm not going to put the sound on for this I only want to talk about a couple things or talk about how quick it is and all this stuff between the banks and the people ohInstant payments this is great but the banks themselves already have practically speaking instant payments with each other that's not what they're doing here if you look at this little segment right here it shows the bank and it shows houses Etc this isn't simply about Banks it's actually about all kinds of currencyBetween people they merely push this between Banks and Credit Unions but that's not what they're showing here look at this and stop they have cell phone cell phone transactions they actually have transactions with cash the bank is what they really keep pushing right in the center but look at this right here betweenPeople between people instead of cash between people they're really trying to set it up so everything all transactions will be done using this new fednow system so again they try to say it's bank to bank which obviously it's going to include that but you definitely see person to person and some more obscureThings that are conveniently out of focus in this video and some things that are not in the video let me tell you what they do show and talk about they talk about actually having it so smart watches you can actually use payments there they have to talk about where youUse your cell phone to click on things to pay for things there and you want to go yard sales Etc not a problem you can use your phones or your smart watches to simply just transfer payments right to the people at the yard sale I like cashI like using cash I don't like for the fact that the greenback's what they're based on but I do like actually having the currency in my own hands and into my own control and I think that's what they're trying to make it so that's not going to be in our control anymoreBecause we see things like in China and that's what we worry about is heading in that direction China has it where if you don't go with what they want their social credit score then they'll simply just turn off those apps so you can can't actually use their own moneyThey'll shut it down and if you really to fight against it the next thing you know you're going to jail they actually control everything through the cash and the people there whereas the majority of people in China are now using their phones to actually do exchanges right through their cell phoneApps but not just China but India as well India has what's called the unified payments interface and this looks exactly like what fednow is actually heading into it is a peer-to-peer Collective request system look at some of the same things transfer money through mobile device Around the Clock24 7 365 One mobile app for accessing different bank accounts it's the best answer to cash on delivery hassle running onto an ATM or rendering as active amounts you don't have to worry about that stuff anymore and I'll be honest with you does sound kind of neatIt is kind of tempting isn't it I hate dealing with cash I hate having to go to the ATM or have correct change Etc it's a pain in the keyster but I mean right now if you wanted to you could pay with a credit card and actually just pay itOff each month and it does actually help that situation but it's not about convenience it's about control because they don't want to control your Finance inches just to oh make life easier for you you really think that's what it's all about they're doing it for the roleOf control they actually want to control our financials just like they do in China they want to make it so if you go against the system well how are you going to pay your bills how are you going to stay in your house how are you going to afford food and all theseThings it's not about cash it's not about switching into digital it's about them controlling the digital and this is the first step fed now is that first step to ease people into that transition of you know what when I go yard sailing I'll just take my phone with me I don'tHave to worry about taking cash with me or bartering with somebody my phone will be over obviously that's a situation we don't want it's a very dangerous slippery slope we're on and the FED now is pushing us over that Hill the slope what do you think about that you knowMore about that fed now system because when I see this I think of nothing but socialist venues coming to a to our neighborhood near you taking away our cash is our first step well we're already on our first step it's one major step into to control of us thank you for watching