A new global currency has just been launched by the international banking elite, but 99 percent of the global population has no idea what just happened.
The DCMA, a globalist membership organization of sovereign states, central banks, commercial and retail banks, and other financial institutions, confirmed the launch of the international CBDC this week at the International Monetary Fund (IMF) Spring Meetings 2023.
According to the IMF, the CBDC is designed to “enforce banking regulations” and “monitor all transactions.”
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The Universal Monetary Unit (UMU), also known as “Unicoin” and symbolized as Ü, can transact in any legal tender settlement currency and can be configured to operate according to the central banking regulations of each participating jurisdiction.
DCMA executive director Darrell Hubbard, and the “chief architect” of UMU, says UMU strengthens the international monetary system by helping the IMF achieve its stated mandate to provide economic and financial stability to its member states.
“UMU is a game-changer in how cross-border payments are transacted and mitigates against seasonal and systemic local currency depreciation,” Hubbard says.
What is Unicoin, and what are its implications?
Central bank digital currencies (CBDC) have been a hot topic this year. The European Central Bank is due to finish its investigation into a digital euro in October. This week, the Bank of England announced it is looking to grow its CBDC team for a potential ‘Britcoin.’ Also, this week, Sweden has just published the third round of its pilot report for its own e-krona. Per Pymnts:
UMU is “legally a money commodity, can transact in any legal tender settlement currency, and functions like a CBDC to enforce banking regulations and to protect the financial integrity of the international banking system,” the DCMA said in a news release.
Banks can attach SWIFT codes and bank accounts to a UMU digital currency wallet and transact “SWIFT-like cross-border payments over digital currency rails,” a reference to the SWIFT payment system, per the release.
This allows users to bypass “the correspondent banking system at best-priced wholesale FX rates and with instantaneous real-time settlement,” the release said.
The DCMA pointed in the release to comments from Tobias Adrian, financial counsellor at the IMF, who envisioned a “multilateral platform … that could improve cross-border payments — at the same time transforming foreign exchange transactions, risk sharing, and more generally, financial contracting.”
DCMA Executive Director Darrell Hubbard said in the release UMU is “the exact solution” to the vision the IMF has expressed.
The authority said UMU adopts “a global localization public monetary system architecture” and can be configured to meet “the central banking regulations of each participating jurisdiction.”
The launch comes amid a flurry debate about CBDCs in the U.S. Last month saw Florida Gov. Ron DeSantis and Texas Sen. Ted Cruz propose bans on the use of the currency.
DeSantis, often mentioned as a possible 2024 presidential candidate, has proposed legislation that would bar the use of both federal and foreign CBDC as money and called on other states to add similar prohibitions to their uniform commercial codes.
Two days later, Cruz introduced a bill that would prohibit the Federal Reserve from developing a direct-to-consumer CBDC.
Baxter Dmitry
Email: baxter@thepeoplesvoice.tv
It’s all stupid until it clarifies exactly who gets to determine the value of the unit. The medium of exchange isn’t as important as its value.
The money changers in the temple operated under rule of roman law then as now in calculating the exchange rates of currency which comes, like churches, in denominations.
The rule of law then as now comes from religion too.
Which denomination is going to have the power to make the value determination? That’s is the question.
And BTW how convenient for them to come up with this idea after England has made a Fortune, billions, selling gold to the BRICS nations, now to undermine their aspirations of a gold backed system. Coincidence serendipity or just common sense?
And it’s all stupid because people are too stupid to understand that all wars are trade wars disguised or masked by religions, which is caused by their greed and desires for things that aren’t readily available in their own community It’s their stupid greediness that fuels it all.
Either because Theure so stupid they choose to love in deserts and then want silks and ice cream and chocolates or because they’re just gluttons who can’t get any satisfaction.
GPS??? again^^^
Anyone who uses or accepts this digital currency is guilty of serving Satan and Lucifer and the entire demonic kingdom of Hell. They will be cast out forever from Heaven for that free will choice.
This world has been infiltrated by all the demons of Hell.
Those who choose to be instruments of the devil and do his will (especially those who do it for greed) or fame or selfishness or pride/vanity, lust. envy, sloth, gluttony, hate, taking pleasure from sadism and cruelty, revenge, whatever, it is the devil/Lucifer who calls you to do his will.
When you answer and do it, (do his will on earth) you become possessed.
However, some inanimate objects, even walls, contain demons in them, they can go anywhere, except they cannot go into people who choose to be instruments of God, and do his will alone, and reject the demons and their influence/seductions etc.
Only by being all with God, always with love and truth, holy and never breaking any of the 10 commandments of God, even when tempted by the devil through his demons on earth, can you be safe and free from these demons.
By the late 90’s the angelic beings had almost all left this earth, because they had no really holy and good people to protect. Just guardian angels remain, even nations and places and things like have them.
Holy objects, statues and Churches etc. The sad thing is that even those have been corrupted.
Black Masses and satanists in the Vatican have chased out its guardian angels and it will BURN. Everything that belongs to belongs Satanist, have demon or demons attached to them.
Because Amercia is led by Satanists, it will burn, so will China, Russia and Pissrael.
It will become more prevalent when ww3 begins, the demons will arrive in droves, and in vessels made by the Military of all nations belonging to Lucifer.
America will burn, and the alien invasions will be real, they will possess the people who have forsaken God and break the 10 commandments and seek to do willingly what Lucifer wills: such as War, and it happens during every war. They come up from Hell during all wars and possess the evil who do Lucifer’s will with no conscience.
They will tear people’s hearts out and eat them, just as is done in all satanic adrenochrome rituals.
They will be possessed and do Lucifer’s will.
Only those who are completely with God, reject the demonic forces and serve God and do only his will here on earth, a very few will be safe and unharmed. They will be protected by Angels who will guard them.
The devil can do nothing here without God’s permission.
God gives humans free will to choose for themselves to serve God, or to serve Satan.
Nothing happens good or evil on this earth except by humans answering the call of God to do it (good) out of LOVE for God and their neighbors, from their souls, where God resides, or by answering the demons sent by Lucifer who lie and convince and tempt people into thinking evil is good and there is some selfish reward in it for them, rewards that gratify the EGO.
The ego is important and overvalued to so many, that they fall to the devil’s lies.
To do God’s will requires not being selfish and valuing your own soul above all else.
There will not be good on earth unless there are perfected souls willing to do it.
God and Lucifer just watch from above.
If you can do nothing but pray for others, God will answer your prayers and do it for you.
But if you can do it yourself, God will let you do it yourself, and if you do not, it goes on your record, that you will see at the end of your life, or during the coming “warning” illumination of consciousness.
You will be judged by whose will you served, the devil’s or God’s will.
Do not blame God for all the evil on this earth.
Blame only yourselves. This is a test.
If you serve the evil one as the billionaires and bankers and elite do, as all jews do, you will not get to Heaven. There is a short time left to change. You need to Change. When you love one another and reject the jews/satan’s minions, this world becomes good again and perfect.
When you worship and serve the jews, the antichrist, you serve Satan and the world becomes a place of darkness and hell, so evil that like it is today, it must end and be totally destroyed and cleansed by fire for billions of years before life could ever resume here again.
I actually want the US dollar to leave the role a reserve currency, and become a soveirn currency printing US treasury notes. I think all nations should move to soveirgn currencies, and trade between their own currency, with no international currency except gold and silver. we don’t need the IMF, actually we can’t have the IMF, they are harmful and dangerous.