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Russia's digital transformation has been making waves, with the introduction of the digital ruble and various digital initiatives. Moscow has implemented face pay payments in the metro and digital ID cards, while also collecting biometric data in a central database. Hermann Graf, a German who was part of Putin's circle in Saint Petersburg, has played a significant role in this progress. Starting as a deputy prime minister, Graf's career skyrocketed, landing him on the Board of Directors of companies like Aerofloat. Russia's advancements in digital technology and Graf's influence have raised questions about whether Russia is becoming another China.

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They are implementing a digital transaction control grid that restricts how you use your money, when, and where. Your money could be disabled beyond a certain distance from your home, or taxes could be deducted directly from your account. This system will likely be overseen by global entities like the Bank of International Settlements, rather than national central banks.

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Central banks are considering the introduction of central bank digital currency (CBDC), but there is little information on what it actually looks like. Some central banks have reportedly developed the final stage of CBDC, which is the size of a grain of rice and serves as a digital ID and wallet. This aligns with the trend of contactless payments using RFID technology. However, the idea of implanting microchips under the skin raises concerns about privacy and human dignity. The concept of universal basic income has gained support from billionaire elites since the technology for microchip implants became available. The COVID-19 pandemic has further facilitated the agenda for digital ID implementation.

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The central bankers have been working towards introducing central bank digital currencies (CBDCs) and digital IDs since 2020. They used the pandemic as an excuse to push for digital IDs through vaccine passports, despite the weak justification. Their ultimate goal is to establish a totalitarian control system with CBDCs connected to digital IDs. This would be the most extreme form of control in human history.

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"While many people rightly say that money is already digital, when world leaders say digital money today, it means cryptocurrency, which is now part of a worldwide scheme to monitor your actions and control your money." "This new form of currency will require you to have a unique digital wallet, which is essentially a digital ID." "Last spring, European Central Bank president Christine Lagarde said that the ECB will be ready to launch the digital euro by this October." "According to the Atlantic Council, a 137 countries and currency unions are preparing for a crypto digital currency." "Three countries have already launched theirs, The Bahamas, Jamaica, and Nigeria." "CBDCs in the advanced stages are the digital euro, China's digital yuan, India's e rupee, The United Kingdom's digital pound, Brazil's digital reel, and Russia's digital ruble." "The Trump family even have their own stablecoin, the USD 1 stablecoin from World Liberty Financial."

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The central bankers have been working towards introducing central bank digital currencies (CBDCs) and digital IDs since 2020. They used the pandemic as an excuse to push for digital IDs through vaccine passports, despite the weak justification. Their ultimate goal is to establish a totalitarian control system with CBDCs connected to digital IDs. This would be the most extreme form of control in human history.

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The G7, under the UK's presidency, is introducing public policy principles for retail central bank digital currencies (CBDCs). These CBDCs are digital versions of money, similar to digital banknotes, that can be used alongside physical currency. Unlike other digital money, CBDCs are issued directly by central banks like the Bank of England in the UK.

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In China, the government controls citizens' spending through a social credit system linked to their bank accounts. Programmable money is being tested in countries like Sweden, South Africa, and Canada. Nearly half of the world's nations are exploring this technology. Programmable money could enforce personal carbon limits by charging individuals who exceed their monthly carbon usage. This could result in automatic fines deducted from bank accounts without the need for bills.

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Mastercard and the United Nations are collaborating on a credit card, Doconomy, to monitor the carbon impact of purchases. The card will display a message about taking responsibility for transactions to protect the planet. Doconomy claims to be the largest bank initiative educating users on consumption's impact and aims to set a global standard for carbon calculations. The system will assign a score to each purchase and potentially punish users directly, similar to China's social credit system. This enforcement will target individuals and businesses not aligned with the scheme, with banks playing a key role in its implementation. The system is currently voluntary.

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The Russian State Duma has ratified a bill creating the legal framework for the digital ruble, which was introduced a year earlier than planned. The government claims the digital ruble will help bypass sanctions. It is expected that within 3 to 5 years, the digital ruble could be used for social payments, including pensions. The Russian media and public seem largely unaware or uninterested in the digital ruble. A recent survey found that only 55% of Russians knew what biometric IDs were, indicating a lack of understanding about new technologies. The future of the digital ruble remains uncertain, but its potential impact is concerning.

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We passed a law last summer that allows our national bank to start developing a CBDC. The law goes into effect this August, so our national bank is working with us on pilot projects in the meantime. We're considering different platforms and recently announced that one pilot will be on the Stellar blockchain. We're working with the Stellar Foundation and commercial banks in Ukraine to come up with a working concept. There are also pilots with Ethereum and the NEAR protocol underway. We should be announcing some results in a couple of months. Since the law goes into effect in August, we're trying to figure out the technical advantages and obstacles in order to potentially launch early next year or maybe even by the end of this year.

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Speaker 0 discusses what central bank digital currency (CBDC) might look like, noting that many people won’t like its appearance. He claims several central banks have already fully developed the final stage of CBDC, which would come in stages—initially through a mobile phone, but the final stage being small, the size of a grain of rice. He says this grain of rice is the entire wallet and digital ID, serving as your wallet, passport, and key. Speaker 1 asks if that grain of rice is the entire wallet. Speaker 0 confirms: yes, it’s your digital ID and wallet. He observes that debit and credit cards have moved to RFID chips for contactless payments, conditioning people to wave instead of swiping. He suggests the next rationale is that waving is faster, but raises concerns about losing or having cards stolen, implying a broader move toward implanting a microchip under the skin. He argues this would be a step too far for many due to human dignity concerns, requiring persuasion. Speaker 0 then connects universal basic income (UBI) to this technology, noting UBI has been discussed for a century, but billionaires and the World Economic Forum only supported it in recent years. He states that since February 2015, big billionaires and the World Economic Forum have endorsed UBI. He claims Bill Gates stated in February 2017 that UBI is a good idea but too early to introduce it, and he asserts the missing element then was a digital ID. He attributes the timing to the COVID agenda, arguing the sequence was to develop the technology first, then the ID. Speaker 0 explains a supposed usual game plan: central banks create boom-bust cycles and economic crises, then present a new idea as the solution. He contends that resistance to an implant would be high, so they sought another approach. He claims there is a World Economic Forum insight that once people accept electronic implants, there is a legal angle under which those with implants could be encouraged to be viewed as enhanced and not necessarily human, while the transhumanist movement entertains the idea of humanoid robots. Speaker 1 asks about a potential consequence, and Speaker 0 reiterates the idea that once someone has a microchip implant, the next question is whether they will still have human rights. He claims the World Economic Forum has conducted surveys asking whether humanoid robots should have human rights, and that most people say yes once the implant is accepted. In summary, the speakers discuss CBDC progression to a grain-sized digital ID wallet, RFID conditioning, the push for implantable chips, UBI advocacy by elites, a COVID-era trigger, a crisis-based rollout tactic, transhumanist legal considerations, and potential human-rights implications for humanoid robots.

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The central bankers have been working towards introducing central bank digital currencies (CBDCs) and digital IDs since 2020. They used the pandemic as an excuse to push for digital IDs through vaccine passports, despite the weak justification. Their ultimate goal is to establish a totalitarian control system with CBDCs connected to digital IDs. This would be the most extreme form of control in human history.

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In China, the government controls citizens' spending through a social credit system linked to bank accounts. Programmable money is being tested in countries like Sweden and Canada. This technology could soon track and limit individual carbon usage, with penalties for exceeding limits including fines automatically deducted from bank accounts.

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In China, the government controls citizens' spending through a social credit system linked to their bank accounts. Programmable central bank currencies are being tested in countries like Sweden and Canada. Nearly half of the world's nations are exploring this technology. Programmable money could lead to personal carbon limits, with penalties for exceeding them. Individuals could be charged for surpassing their carbon allowance, automatically deducted from their bank accounts. This system could track and control all financial transactions based on carbon usage.

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The central bankers have been working towards introducing central bank digital currencies (CBDCs) and digital IDs since 2020. They used the pandemic as an excuse to push for digital IDs through vaccine passports, despite the weak justification. Their ultimate goal is to establish a totalitarian control system with CBDCs connected to digital IDs. This would be the most extreme form of control in human history.

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The CEO of Sberbank, Russia's largest partly state-owned bank, has played a significant role in various developments in Russia. Sberbank was involved in the creation of Russia's Sputnik V vaccine and was hired by the government to distribute it. The bank has rebranded as Sber and now offers a range of services beyond banking, including spare food, spare AI, and spare health. They have been actively involved in artificial intelligence, even collaborating with Chinese colleagues to develop facial recognition cameras that can identify people wearing masks. It may seem unusual for a bank to be involved in these endeavors, but Sber's expansion into different sectors has allowed them to contribute in various ways.

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There's a coordinated global policy push for digital IDs, as the new form of government issued identification credentials. Digital IDs are not really a separate project from CBDCs and this new digital financial system. And UN documentation and also documentation from the Bank of International Settlements, they very overtly state that CBDCs and digital IDs are meant to go together. And without digital IDs, the CBDC digital finance system cannot exist. One of the reasons it can't exist without that is because of the KYC functionality built into this digital financial system. They have to know who you are. They give you a unique identifier, a digital ID, and it's inherently tied to a digital wallet. It's called building blocks. It involves refugees scanning their irises.

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The central bankers have a goal of introducing central bank digital currencies (CBDCs) and digital IDs. They used the pandemic as an excuse to push for digital IDs through vaccine passports, even though the justification wasn't strong. Their ultimate aim is to create a totalitarian control system with CBDCs connected to digital IDs. This would be the most extreme form of control in human history.

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The central bankers have been working towards introducing central bank digital currencies (CBDCs) and digital IDs since 2020. They used the pandemic as an excuse to push for digital IDs through vaccine passports, despite the weak justification. Their ultimate goal is to establish a totalitarian control system with CBDCs connected to digital IDs. This would be the most extreme form of control in human history.

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Speaker 0 asserts that the control grid arrived in America via Apple, stating they worked for Apple for seventeen years and still hold stock, so they find no joy in revealing this. They claim there are no good guys here and argue that we need to shut it down while we can. They state that Apple just rolled out digital ID integration and acknowledge it sounds convenient, but warn that every convenience has a price. According to them, once identity goes digital, it becomes programmable, and once programmable, it becomes controllable. They contend that individuals are handing over their entire identity wrapped in a product, a file that can easily be deleted. If one does not comply, access is lost; if opinions are not liked, accounts are frozen. They claim that stepping out of line results in travel restrictions, bank transfer blocks, and loss of benefits. They insist this is not speculation and that it is already live. Examples are offered to illustrate the claim: Thailand has programmable digital currency; Europe introduced biometric wallets; Canada froze accounts during protests; China is described as having started the pilot and now in full production mode with a live social credit system. They assert that China is secretly building the infrastructure at a global level right now, not through laws or force, but through updates and convenience. They claim that in Vietnam, 86,000,000 bank accounts were deleted because people wouldn’t agree to a digital ID. Concerning the European Union, they state that by 2027, large cash payments will be outlawed, forcing people onto digital rails that can be controlled. They describe this as just the on ramp, arguing that freedom becomes conditional when identity is controlled by a corporation or a government that can revoke it with a keystroke. They describe the arrival of dystopia as occurring not with tanks or force, but with app updates or convenience. They conclude by urging listeners to pay attention and push back while they still can. The message ends with an appeal to “Let’s go,” emphasizing urgency to resist the rollout of digital identity and programmable control embedded in convenient updates and services.

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The speaker criticizes the idea of the digital ruble, dismissing claims that it will be voluntary and highlighting the Russian government's history of contradicting itself. They argue that the digital ruble is similar to other centralized digital currencies being developed by the EU and the US, controlled by the Russian Central Bank and obedient to the IMF. The speaker expresses concern about the potential for abuse and the creation of a control grid, where every aspect of people's lives will be monitored. They believe it is unacceptable for any government to introduce such a currency. The transcript ends with a question about the BRICS common currency.

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Sanctions & the End of a Financial Era with John Titus
Guests: John Titus
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Since the Ukraine-Russia conflict began, major shifts in the international financial system have unfolded, with sanctions aimed at Russia seemingly rebounding off the ruble while inflicting greater pain on the West. This has fed questions about why a policy that appears punitive to one side ends up hurting the sanctioning side and has fueled talk of the dollar’s waning dominance and the possible demise of the petrodollar system, alongside a wider move toward a multipolar world order. Central Bank Digital Currencies (CBDCs) are advancing in both Ukraine and Russia and among their allies, framing a global control architecture that many see as a critical element of a broader digital governance regime. Whitney Webb and John Titus discuss how, on March 2, Federal Reserve Chair Jerome Powell, asked about China, Russia, and Pakistan moving away from the dollar, pivoted to the world reserve currency and the durability of the dollar, inflation, and the rule of law—points Titus argues reveal a scripted witness with a broader agenda about the dollar’s reserve status and the sustainability of US fiscal paths. Titus notes a shift in public officials, including Cabinet-level figures, acknowledging debt unsustainability, which he interprets as a signal that the days of US currency dominance may be numbered, given that the US debt path is already out of control. They examine what losing reserve currency status would mean at home: a large fraction of currency in circulation is overseas, and if dollars flow back to the US, inflation could surge. The conversation turns to the petrodollar system’s fragility as Saudi Arabia and the UAE push back on sanctions enforcement, with implications for the dollar’s hegemony. Russia’s strategy to accept payment for energy in rubles or via Gazprom Bank, and to require non-sanctioned banks, is presented as an actionable workaround that forces a reevaluation of Western sanctions’ effectiveness and Europe’s consequences, including higher energy prices and potential shortages. The Bear Stearns bailout and broader 2008 crisis are revisited, highlighting the distinction between official Treasury/TARP bailout narratives and what Titus calls the Fed’s real bailout and political cover. He argues the endgame is when the US borrows to pay interest on debt, including entitlements, creating an unsustainable trajectory that drives a multipolar challenge to US control. CBDCs are analyzed through questions of backing, issuer sovereignty, and settlement mechanisms. Titus argues the US CBDC would be issued by the private-leaning regional Federal Reserve banks, complicating governance and accountability, while Russia contemplates a digital ruble with programmable features and a two-tier system where the central bank maintains the ledger but commercial banks handle access. The broader framework includes debates about the World Economic Forum, the Bank for International Settlements, and the balance of power between public sovereigns and private financial interests, with the BIS and private banks often seen as critical sovereign-like actors. The discussion ends with a warning about the evolving digital-finance landscape, the risks of central bank digital currencies, and the importance of understanding who ultimately holds sovereign power in money issuance.

The Pomp Podcast

Building Payment Technologies | Jed McCaleb | Pomp Podcast #450
Guests: Jed McCaleb
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Jed McCaleb discusses his extensive background in technology, starting with programming in childhood and creating eDonkey2000. He became interested in Bitcoin after discovering it in 2010, leading to the creation of Mt. Gox, initially a platform for trading Magic Cards. He later sold Mt. Gox and founded Ripple, focusing on solving Bitcoin's mining issues, before establishing Stellar. Stellar aims to create an interoperable financial network, allowing seamless transactions across different currencies and financial systems. McCaleb emphasizes the importance of financial inclusion, particularly in developing countries, where Stellar can provide access to banking services. He believes the future will be a hybrid of traditional banking and decentralized finance, with institutions playing a role in facilitating transactions. The Stellar Development Foundation, with around 80 employees, focuses on maintaining the network, engaging with policymakers, and developing applications like a dollar savings app for high-inflation regions.

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Russia’s Sputnik V and the WEF with Riley Waggaman
Guests: Riley Waggaman
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Whitney Webb frames a discussion of global power as driven by transnational networks that transcend nation-states, shaping policy and markets to enrich a global elite rather than serve any particular country. The episode uses Russia and the COVID crisis as a case study to examine how these networks push technologies and governance—such as central bank digital currencies, vaccine passports, and Fourth Industrial Revolution infrastructure—under the rubric of public health or national interest, while advancing technocratic control. Riley Waggaman, a Moscow-based journalist, addresses Sputnik V with a critical lens, noting that Gamaleya Center’s viral-vector platform is presented as a rapid breakthrough but remains unproven in terms of market-available vaccines. He points to Gamaleya’s tenuous pre-COVID track record, close ties to the Russian Health Ministry, and historical links to Anatoly Chubais and Rusnano, which have been associated with financial misfeasance and questionable ventures. He highlights the Ebola vaccine Gamaleya touted as a success that never advanced to broad international use, despite public claims. The Sputnik V narrative is further questioned by the claim that Gamaleya often acts as a purchaser or middleman rather than a manufacturer, acquiring doses from an unnamed third party and branding them as its own, sometimes in US-dollar contracts. The discussion extends to Russia’s cooperation with major Western pharma firms, including a memorandum with AstraZeneca and debates over mixing Sputnik V with other vaccines; Argentina’s experience with mixed dosing is cited as evidence of this collaboration. The Russian Direct Investment Fund (RDIF) and the Bank sector, notably Sberbank, emerge as central players: Sberbank’s front-line role in vaccine distribution, its leadership’s WEF connections, and its broader “universe of services” branding, including biometric ID and digital ecosystems, are described as integral to public-health and social-control strategies. Biometrics and digital IDs are shown as expanding into schools and other public spaces, with Sberbank-backed projects leveraging thumbprint and facial-recognition systems, raising concerns about surveillance and the normalization of centralized control. The national QR-code bill’s shelving is presented as a partial victory, yet regional QR-code practices persist, and Putin publicly supported the policy, undercutting claims of strategic resistance. Transparency gaps are stressed: post-vaccination safety data in Russia is not released, and the absence of a VAERS-style system is highlighted, alongside the claim that trial data is treated as confidential trade secrets. The CBDC narrative is firming, with the digital ruble being tested, pensions shifted to digital wallets, and officials discussing payment monitoring and constraint mechanisms. Spurcoin’s development, JPMorgan involvement, and a potential competition or coexistence with the digital ruble are examined, alongside CyberPolygon ties linking the World Economic Forum, Sberbank, and Russian authorities. The gold policy is reviewed: Russia’s shift from heavy gold accumulation to exporting gold, particularly to London, enabled by new rules allowing miners to repatriate cash abroad, prompting questions about a gold-backed system and the real trajectory toward CBDCs. The Ukraine crisis is acknowledged as a backdrop to these dynamics, with Western media amplifying threats while the broader trend toward centralized digital control—public-private, national-international—continues. The speakers close by urging vigilance, recognizing resistance but acknowledging that the overarching trajectory toward digital currencies, biometric surveillance, and transnational governance is unlikely to be easily reversed.
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