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What is a CBDC?


Central Bank Digital Currencies (CBDCs) are digital versions of a country’s official currency, issued and regulated by their central bank. There is a growing interest in digital currencies among central banks worldwide. One of the main advantages claimed, is digital currencies’ ability to advance financial inclusion by providing accessible banking services to individuals who are currently unbanked or underbanked. Additionally, digital currencies can modernize payment systems, enabling faster and more efficient domestic and cross-border transactions. By leveraging digital technology, CBDCs have the potential to revolutionize the way people make payments and conduct financial transactions.

However, along with the potential advantages, there are also major concerns surrounding any CBDC implementation. Two prominent concerns are the potential impact on user right of privacy and data security.  All digital currencies rely on digital ledgers to record all transactions. That means all transactions create a record… which is viewable forever.  The danger of a long term insight into spending habits, is that it allows for insight into one’s psyche and establishes a predictable pattern. In short, not only are specific transactions viewable, but patterns are as well. Predictable patterns make anyone an easy target. Concerns about the potential for surveillance, and about unauthorized access to financial information, are paramount for consumer confidence.

Striking a balance between transparency and individual privacy is crucial in the design and implementation of CBDCs. Moreover, the introduction of CBDCs could disrupt the role of traditional banks and other financial intermediaries, potentially affecting financial stability and profitability.  The failure of central banks to carefully consider the potential implications and develop appropriate regulatory frameworks to ensure a smooth transition to CBDCs will cause instability in the financial system. Additionally, there are technological risks and cybersecurity threats that need to be addressed to ensure the security and resilience of CBDC systems.

Section 1: Claimed Advantages of Digital Currencies

1.1 Advancing Financial Inclusion

The claims in support of digital securities, include the potential to significantly advance financial inclusion by providing access to banking services for the unbanked and underbanked populations. Because traditional banking systems often exclude these individuals due to various barriers, such as distance, lack of proper identification, or low-income levels. CBDCs can be accessed through digital wallets on smartphones or basic mobile phones, eliminating the need for physical bank branches. It is believed that this accessibility empowers people in remote areas or those lacking proper identification to participate in the formal financial system. Thus allowing them to receive wages, make payments, and engage in other financial activities.

Moreover, digital currencies claim to offer a safe and secure means of payment, reducing reliance on cash. The digital nature also enables easy and transparent tracking of financial transactions, aiding in combating illicit activities like money laundering and tax evasion. For persons they taut do not need identification to sign up.

1.2 Improving Payment Systems

The implementation of digital currencies can lead to significant improvements in payment systems. CBDCs can operate on distributed ledger technology (DLT) or blockchain, enabling faster and more efficient transactions compared to traditional banking systems. Domestic transactions can be settled instantly, reducing processing times and transaction costs. Additionally, cross-border transactions can become more seamless and cost-effective, as CBDCs can facilitate direct peer-to-peer transfers between countries, eliminating the need for intermediaries and multiple currency conversions.

Furthermore, CBDCs can enhance the efficiency of government payments and welfare distribution. Direct distribution of benefits and stimulus packages through CBDCs can reach recipients in a timely and transparent manner, ensuring better-targeted support during economic downturns or crises. Further reducing or all together eliminating mail theft of those benefits.

1.3 Enabling Innovative Financial Solutions

One aspect that proponents of digital currencies find most exciting about CBDCs is their potential to enable innovative financial solutions. Programmable money, made possible through smart contracts, allows for automated and conditional payments, creating new opportunities for businesses and individuals. For instance, it could enable automatic tax payments or conditional transfers triggered by specific events or actions.

Additionally, CBDCs can facilitate the integration of decentralized finance (DeFi) applications, providing more accessibility to a wide range of financial products and services.

Section 2: Concerns and Challenges of Digital Currencies

2.1 Privacy and Surveillance

The introduction of digital currencies has sparked significant concerns regarding individual privacy and surveillance, and rightfully so. As CBDC transactions are recorded on a blockchain or distributed ledger, it magnifies the potential for extensive monitoring and tracking of financial activities. This level of transparency could lead to an unprecedented intrusion into individuals’ financial lives, compromising their privacy and exposing sensitive financial data to potential misuse.

To understand this concern firsthand, all you have to do is log into your Google or YouTube accounts and view your history. When viewing the big picture of one’s interests in a single list, it is clear to see the kind of things that spark one’s interests. Insight like that makes influence of that person’s future decisions a sinch to the trained manipulator.  Say for example, Bob’s YouTube history contains BBQ, bass fishing, and weight loss tips, a picture of Bob’s stature forms. Or for example Sally’s YouTube history shows police brutality, peace rallies and individual rights, a picture of Sally’s political views forms.

The widespread adoption of CBDCs brings about legitimate reasons to be pessimistic about the erosion of individual privacy and the potential for excessive surveillance. While the technology behind CBDCs may offer convenience and efficiency, it is essential to critically assess the trade-offs between these benefits and the potential loss of personal freedoms and financial privacy. Society must tread cautiously to ensure that CBDC implementation is not a gateway to a dystopian financial landscape where citizens’ every financial move is subject to scrutiny and control.

2.2 Control over the Individual

The very nature of CBDCs could give governments and central banks unprecedented control over citizens’ financial transactions. This level of oversight raises fears of potential abuse of power, surveillance capitalism, and the erosion of personal freedoms. While central banks may claim that the design of digital currencies is to combat illicit activities, the reality may be far more sinister, with governments leveraging CBDCs to exert unwarranted control over their citizens’ economic choices and behaviors.

This is reality in China. Those that do not share the views of the government find their assets frozen or even deleted. Speaking out against that which one does not believe in costs them everything.

It is easy to dismiss such concerns on claims that I am doing nothing wrong so I do not need to worry. But we do not live in a world where we all share the same political views or personal beliefs. When regime changes occur and we find ourselves living under those in power with different beliefs than our own, we will then be facing a choice. Abandon who we are as an individual in favor of conformity or silence our voice of dissent.

Without the ability to speak out against a regime that does not share our ideals, how could we rally to replace them?

The single greatest gift our founding fathers secured for us under the First Amendment, was our God given right to dissent. The right to voice our disagreement is the central component of liberty itself.

2.2.1. The United States Supreme Court on Challenging Authority

The Supreme Court poignantly observed when addressing a criminal statute that “prohibits speech that ‘in any manner . . . interrupt[s]’ an officer.  The Constitution does not allow such speech to be made a crime.(fn.11) The freedom of individuals verbally to oppose or challenge police action without thereby risking arrest is one of the principal characteristics by which we distinguish a free nation from a police state.(fn.12)” [Emphasis added.] (Houston v. Hill, (1987) 482 U.S. 451, 462-63)

‘‘“[I]f absolute assurance of tranquility is required, we may as well forget about free speech. Under such a requirement, the only ‘free’ speech would consist of platitudes. That kind of speech does not need constitutional protection.’’ Spence v. Washington, 418 U.S. 405, 416 (1974) (Douglas, J., concurring) (citation omitted).” (Ibid. at fn. 11)

“‘[C]onduct involving only verbal challenge of an officer’s authority or criticism of his actions. . . operates, of course, to impair the working efficiency of government agents. . . . Yet the countervailing danger that would lie in the stifling of all individual power to resist the danger of an omnipotent, unquestionable officialdom demands some sacrifice of efficiency . . . to the forces of private opposition. . . . [T]he strongest case for allowing challenge is simply the imponderable risk of abuse to what extent realized it would never be possible to ascertain that lies in the state in which no challenge is allowed.’” (Ibid. at fn. 12, citation omitted.)

Yes, the First Amendment even protects extreme situations:

Ruthenbeck v. First Criminal Judicial Court of Bergen Cty., 7 N. J. Misc. 969, 147 A. 625 (1929) (vacating conviction for saying to police officer ‘You big muttonhead, do you think you are a czar around here?’).” (Ibid.)

Protesting about not making arrests would equally be without protection.

What would Thomas Jefferson say about digital currencies if it meant authoritative control for the government?

2.3 Technological Risks and Cybersecurity

CBDC systems must be highly secure and resilient to withstand technological risks and cyber threats. Hacking attempts, data breaches, or network failures could have severe consequences for financial stability and public trust. Central banks must invest in robust cybersecurity infrastructure, conduct thorough testing, and continuously update their systems to stay ahead of emerging threats. Otherwise, the risk of unauthorized access to personal financial information looms large, leaving individuals vulnerable to identity theft, fraud, and other malicious activities. Including absolute terrorism, if the correct hack were to occur, the entire global monetary system could be a hostage, bringing the chosen target to its knees.

Additionally, the reliance on digital technology for CBDCs raises concerns about inclusivity for those without access to digital devices or reliable internet connections. Measures must be taken to ensure that vulnerable populations are not left behind in the shift towards CBDCs. Meanwhile, proponents claim an advantage is the inclusion of those that are too remote to access a bank. Overlooking how that same person is equally too remote for an internet connection or cell service.

2.4 Digital Currencies Impact on Commercial Banks

The introduction of digital currencies could potentially disrupt the role of traditional commercial banks and other financial intermediaries. If CBDCs gain widespread adoption, people may shift their deposits from commercial banks to central bank-issued CBDCs, impacting banks’ deposit base and profitability. This shift will lead to changes in lending patterns and credit availability, potentially affecting the overall stability of the banking sector.

To mitigate such risks, central banks need to devise appropriate regulations and mechanisms to ensure coexistence and collaboration between CBDCs and commercial banks, maintaining financial stability while fostering innovation.

2.5 Monetary Policy and Financial Stability

Implementing effective monetary policies in a CBDC ecosystem poses unique challenges. CBDCs may impact the transmission mechanism of monetary policy, and central banks need to adapt their tools to maintain control over interest rates and inflation. The introduction of CBDCs could also lead to changes in the velocity of money and overall economic behavior, requiring careful evaluation and adjustment of monetary policy frameworks.

Moreover, there are concerns about potential fluctuations in demand for CBDCs, which could influence the stability of the financial system. Central banks must prepare to address any systemic risks that may emerge with the introduction of CBDCs.

2.6 The Effect of Digital Currencies on Credit

One of the key components to the US economic power base is credit. Alexander Hamilton met great resistance when he argued in favor of permitting the federal government to receive and extend credit. Lending allows for growth. Growth leads to faster profits. Faster profits leads to more employees to meet demands. More employees results in more money in the market to spend at other locations. Economic boom results.

The statute of Alexander Hamilton outside of the Treasury Department signifies the role of credit in our nation and that digital currencies may jeopardize.
Alexander Hamilton’s statute outside of the Treasury Department

Banks do not hold all of our deposits, they actually maintain around 10% (high end estimate). The other 90% is for lending out. Allowing for the extension of credit. Interest is the creation of money where none before existed. That created money is an organic source of capital. When the banks do not have access to deposits because all of the individuals have their own money in their digital wallets, lending becomes impossible.

The pro and con arguments above result in a paradox. We cannot have a complete digital currency system to provide complete oversight and obtain the claimed security by removing all traditional money, while simultaneously maintaining a system that allows for lending based on cumulative deposits to extend credit.

Section 3: Regulatory and Cross-Border Challenges of Digital Currencies

3.1 Regulatory Framework and Interoperability

Developing a regulatory framework for CBDCs is complex, especially considering the global nature of digital currencies. International cooperation is crucial to establish common standards and interoperability between different CBDCs. This collaboration ensures seamless cross-border transactions and reduces friction in the global financial system.

Proponents claim harmonizing regulatory approaches will also help address issues related to anti-money laundering (AML) and combating the financing of terrorism (CFT). Further touting that cooperation between jurisdictions can enhance the effectiveness of these measures and minimize potential loopholes.

While simultaneously exclaiming that without identification will be allow anyone to finally gain access to banking. Furthermore, the AML system that claims to combat the financing of terrorism, is actually a daily means to have your bank and many other industries spy and report on other Americans, which includes you.

3.2 Global Economic Implications

CBDCs can have significant implications for the international monetary system. The widespread adoption of CBDCs could impact global trade, exchange rate stability, and currency sovereignty. Central banks are failing to carefully assess the potential consequences of digital currencies on the existing monetary and financial order. The view is singular when considering both the benefits and challenges they present.

Digital Currencies Conclusion:

CBDCs offer an “interesting” avenue for advancing financial inclusion, improving payment systems, and enabling financial innovation. However, their implementation also brings forth concerns related to privacy, individual autonomy, sovereignty, commercial banks, lending, monetary policy, and cybersecurity.

The present approach of racing towards full scale implementation of CBDCs fails as a powerful tool for enhancing financial systems that is beneficial to societies worldwide. Because of the shortsighted gain of surveillance and control, while overlooking the delicate balance of economy that has evolved over great periods of time.

Central banks and governments are failing at establishing a robust regulatory framework that ensures privacy and security. The current path is a race to a Chinese regime state of authoritarian control over finance with the inevitable result of oppression over dissenting voices.

If a person had all wealth in cash and were forced to convert to CBDC and then dare speak out against the government, with a click of a button, all wealth is gone, including retirement and back to work they go. But if that same person held their wealth in a gold IRA, those assets would not be deletable. Meanwhile, that person would appear poor and thus no leverage for the government, and all the dissent one could disseminate would be effectively untouchable.

“We are mindful that the preservation of liberty depends in part upon the maintenance of social order. [Citation.] But the First Amendment recognizes, wisely we think, that a certain amount of expressive disorder not only is inevitable in a society committed to individual freedom, but must itself be protected if that freedom would survive.” (Houston v. Hill, (1987) 482 U.S. 451, 471-72)

The current path is designed to allow for oppression of expressive disorder. According to the Supreme Court, under that lack of protection “freedom would [not] survive.”

Simplified Short Version of Terms and Conditions of Website

This is only a simplified version of the full terms and conditions, it is intended as a quick overview regarding the things as people are most commonly relevant to us.

This website is governed by the full terms and conditions.

Purchase and sales agreements are separate, and provided in different links found on the footer. 

Consent to Contact

Submitting your contact information on any of our contact forms and or calling or emailing Safe Haven Metal is a grant of consent for us to contact you via telephone or email. This consent is a waiver if you are on the do not call list registry and any email shall not be considered spam or unsolicited. Safe Haven Metal will contact you to discuss your needs and no other use of your contact information will be engaged in by us. We do not sell your phone number or email information to anyone.

Please review our Privacy Policy and Cookie Policy for opt out procedures and additional information. The bottom line is that we do not like it when companies sell our information so we will not do it to others.


Due to Anti-Money Laundering (AML) Policy restrictions and guidelines, we do not accept physical paper money (cash) for purchases. If you do not know what the AML is, you really need to look it up, as it applies to everyone.

As a financial institution, Safe Haven Metal is AML compliant.


For products that will be delivered to you directly these traditional forms of payment are accepted: bank wire (we prefer this one), cashier’s check, ACH; also IRA is acceptable but that has tax consequences for you.

For products that will be stored by a third party (depository), IRA, 401k, Pensions, Retirement Account, etc. (see full list on Gold IRA page) are all acceptable forms of payment.

We do not accept credit card payments, cash over $10,000 and we do not accept cryptocurrency, we are happy with our real gold.

BUY BACK POLICY (from the purchase agreements)

Safe Haven Metal (SHM) is prohibited under the law from guaranteeing to repurchase Precious Metals that SHM sells, and SHM does not guarantee that it will repurchase any Precious Metal item that Client may purchase; what SHM extends is the possible availability as a buyer at a later date. If and when Customer desires to liquidate, simply call SHM and let SHM know you are ready for SHM to exchange for cash the Precious Metals purchased from us subject to the following procedure that must occur:

i.)         Customer ships the Precious Metals products originally purchased from SHM for inspection because the buy back offer is only for the exact items purchased from us, inclusive of exact condition; and 

ii.)        The cash value of buy back will be at or near Spot Price at the time when we have examined the product to ensure it passes inspection (which is at our or our designated inspector’s sole good faith discretion as to current condition compared to documented condition when originally purchased); 

iii.)      A new agreement is then presented by SHM to Customer reflecting Spot Price and conditions quantities much like this Invoice; the offer is valid for 24 hours after inspection approval and new agreement sent; 

iv.)      Once signed and returned to SHM the money is then released to you within 72 hours; if Customer rejects the offer then Customer must pay for return shipping costs and the product will be returned to Customer. 

v.)          There is no fee on buy back, as that fee is part of the initial purchase Agreement with us as a part of our consideration to be available for your needs at a later date, consistent with this whole paragraph.

Risk Disclosures

Investing in everything is a risk; values fluctuate, sometimes going up, other times down; no one can predict the future; that is why diversified portfolios are usually recommended. The best anyone can do is make informed decisions and see if correct over time, therefore do research, do your homework. Do not invest more in precious metals than you feel comfortable with after informing yourself. Read your contract; ask your attorney to review it. We strive to do right and help others, if you do not understand something then ask us. There are no guarantees, other than doing our best for you.


Our communication of portfolio is intended as Oxford Dictionary defines “portfolio” as: “a range of products or services offered by an organization, especially when considered as a business asset” and Oxford defines “analysis” as “detailed examination of the elements or structure of something”.

All information provided on this website is the opinion and property of Safe Haven Metal LLC. All customers and potential customers are encouraged to do independent research, educate yourself and make informed decisions. Then you can make the best decision for yourself. Once you have done your diligence you will see that Safe Haven Metal LLC truly does have our clients’ best interests in heart. We would not encourage you to go look around elsewhere if we were not confident in what we offer and provide.

NOTICE: Any images of persons on our site are from professional models obtained through licensing of various companies.

Full Terms and Conditions

The full terms and conditions control over this simplified version. This is intended as a quick reference point only. You can access and read more on the full terms and conditions page.