The Great Reset: World Bank's plan to convert all payment systems into Fast payment (FedNow) systems, then convert to CBDCs.

"FedNow will be launching in the next few days but it's not the only fast payment system out there. Central banks around the world have been secretly rolling out fast payment systems for years and they've been doing so with the help of the World Bank and the Bill and Melinda Gates Foundation."

"Guy will tell you everything about the plan to convert all payment systems into fast payment systems and convert all fast payment systems into central bank digital currencies."

"… the SDGs appear to be the origin of dystopian ideas like digital IDs, CBDCs, and smart cities. The SDGs are also the origin of the 2030 date you keep seeing everywhere. Every country must meet the UN's SDGs by 2030. Our research suggests that the SDGs are being enforced by international organizations that represent the private sector and the public sector. On the private sector side you have organizations like the World Economic Forum or WEF, whose ESG investment criteria are explicitly based on the UN's SDGs. On the public sector side, meanwhile you have organizations like the World Bank which have been issuing loans to countries with SDG type conditions attached. Many of these loans have apparently focused on restricting the usage of fossil fuels which has made it difficult for some countries to get out of poverty. From what we can tell the incentive for the private sector is greater profits…. For the public sector the incentive is control, mainly geopolitical control…. The Bill and Melinda Gates Foundation has been working closely with the World Bank to roll out a digital ID.… The Gates Foundations has also been working closely with the World Bank to roll fast payment systems…."

More in the Coin Bureau video.

Note 1: In this video, the World Bank's Payment Systems Development Group (PSDG) earliest document dates back to November 2007 (just before the world financial crisis). This is a report about measuring the development of payment systems around the world. The key theme was going cashless. In a 2010 program update, it states, central banks and all stakeholders in the retail arena must work together in a clear strategy to promote the intensive use of retail electronic payment instruments and reduce the importance of cheques. (Stakeholder is a word often associated with the WEF and Klaus Schwab created it so that stakeholders could meet. See the guest list.) The PSDG is all about getting everyone off cash as quickly as possible. That's why it's been working so closely with the Bill and Melinda Gates Foundation on digital ID for so long as digital ID is required for this digital payment systems to work.

Note 2: It appears that there is only one report written by the World Bank on the fast payment systems. However, the World Bank together with BIS (Bank of International Settlement, central bank of all central banks) have put out publications on PSDG and CBDCs six times.

Note 3: It appears that fast payment systems and CBDCs will be developed side by side and they will also be interoperable. The report written by the PSDG and BIS suggest that this interoperability will be both domestic and international, setting the stage for a global CBDC system as envisioned by the BIS.

Note 4: The World Bank has the smoking gun front and centre on the project website. This smoking gun is in a report page notes published in September 2021. It talks about cryptocurrencies gaining more mainstream acceptance and becoming interoperable with existing payment systems (fast payments). And stable coins could be replaced by fast payment systems and CBDCs which means all crypto prices would be controlled. Also these payment systems can be upgraded to become programmable. (Programmability makes it possible for the central banks and governments to control your payment, what you can buy, when you can but it, etc.) In other words, the smoking gun is to put CBDCs onto the fast payment systems that already exist.

Note 5: Enhancing cross-border payments is to combine the individual and institutional electronic payment systems together. When tokenize every asset in existence and put it on this system so that every single transaction and asset in the economy can be totally controlled. Investments in capital markets and payments for future transactions are opening the gates for integration for all markets. So use fast payments systems for assets not just payment means you will own nothing and be happy because everything you own will be on a network controlled by the Central Bank where the government can turn off your ownership at anytime. This is brought to you by Bill Gates.

Note 6: Michael Steinback CEO of Equine Worldline (Dutch card payments company) predicts all card payments will be replaced by instant payments AKA QR codes. (This was made in 2017!) The reason why the elites are so obsessed with QR codes is because QR codes are compatible with fast payment systems and CBDCs. Cash and cards, not so much, and will both be eliminated by force, by inflation or by human apathy.