House Bill 1165: how Missouri wants to take over control of your money, your freedom, and your health.

https://www.ihcm.info/update/the-end-of-money-and-freedom/

Here is a link to track the progression of HB 1165: https://www.house.mo.gov/Bill.aspx?bill=HB1165&year=2023&code=R

And here is the entire 103 page bill for your reading pleasure.

https://www.house.mo.gov/billtracking/bills231/hlrbillspdf/2226H.01I.pdf

Missouri is not the only state to introduce legislation that would usher in CBDC’s. Here is a list of all the states that introduced legislation this spring.

Back to the original link I posted first.  What is HB 1165?  It is sponsored by Justin Hicks (R) and it creates a new Article 12 in Missouri’s legal code for the Uniform Commercial Code. This lays the groundwork for a Central Bank Digital Currency (CBDCs) that would be the ONLY currency authorized by the federal government.

“HB 1165 would amend the UCC to perfect possession of Controllable Electronic Records and adds new sections to article 9 that redefine “Money,” and what we currently understand to mean “Electronic,” in a manner that creates regulatory gaps and consumer confusion as opposed to the straightforward language of the 1998 UCC definitions.
In his most recent Substack article, attorney Tom Renz explains, “Along with the effort to collapse the dollar and our banking system, the tyrants are also pushing legislation that can allow CBDCs to exist legally and without competition. This is being done in a VERY sneaky way because of the massive political opposition to anything CBDC-related. At this point, the major focus is on passing state-level legislation – particularly in a number of key RED states. Bills are being pushed that appear innocuous but are written to create a check-mate situation when CBDCs come into play. That way these red states won’t be able to oppose it.”

Here is the further breakdown of what HB1165 does:

1) Redefines “Electronic” in the Uniform Commercial Code (UCC) in a broad interpretation to encompass digital, optical, magnetic, electromagnetic, or similar capabilities.  Central Bank Digital Currencies (CBDCs) are electronic currencies that are run by central banking systems. Once implemented, the government could use CBDCs to remove Missourians’ authority to transact without implicit approval from the government, as we do now with cash. CBDCs could not only lead to central banks having a record of every transaction, but their ability to stop them.

2) Redefines “Money” in the UCC to exclude any medium of exchange that was not previously authorized or adopted by the government excluding cryptocurrency, but including Central Bank
Digital Currency as a recognized medium of exchange.

Creates status, standing and jurisdiction for “choice of law,” in the District of Columbia.

– Creates new language that will require comprehensive knowledge of coding, law, and international contract law that is neither plain, nor equal among the laymen

– Creates significant gaps in the current understanding of tangible collateral currently held by debtors

– Creates an infrastructure for Central Bank Digital Currency without regulatory framework in place.

Missouri’s HB 1165, which is being fast-tracked through the House, is essentially the “authorizing language,” on the integration of Central Bank Digital Currency.
What is the Worst Thing That Could Happen if HB 1165 Passes? HB 1165 was specifically designed to facilitate not all digital currency, but to authorize just one — Central Bank Digital Currency (CBDCs) — without anyone knowing. This bill is a hidden agenda to end cryptocurrency as a form of authorized money and to roll out a Central Bank Digital Currency (CBDC) through a backdoor in the Uniform Commercial Code (UCC) legislation.

Goodbye Paypal, Venmo…and Privacy

Additionally, huge concerns exist for the privately owned Federal Reserve, which is not a federal agency, having direct retail CBDCs and transactional data like they’re discussing with FedNow, a pilot program excepted by next spring. On March 1st of this year, the U.S. Department of the Treasury issued a press release stating, “The Federal Reserve has indicated that it expects to launch the FedNow Service this year, which will be designed to allow for near-instantaneous retail payments on a 24x7x365 basis, using an existing form of central bank money (i.e., central bank reserves) as an interbank settlement asset.” (Liang, 2023) They describe FedNow as “beneficial”.

The Federal Reserve’s FAQ on FedNow is showing it is a mostly retail-focused, Real-time Gross Settlement Fund held as a liability of the Fed itself. Judging from the initial transaction limit of $25,000, FedNow is more applicable to small business and retail payment needs, but expansion of the Fedwire operating window may enable payment innovation for high-value corporate payments. Behind these changes lies an evolving liquidity environment. Excess reserve balances have been steadily declining, and banks have communicated a desire to decrease balances even further.

The biggest concern for Americans is that FedNow will enable the government to access the transaction history and data of retail account users in the U.S, similar to how Visa and MasterCard have stated they will be reviewing gun purchases. They could easily track vaccine status and sensitive health information, data that is already shared nationally and globally, thanks to PDMP and the trend toward the centralization of data.

I encourage you to read this website in its entirety, and watch the videos.  We must stop this.  If you live in Missouri, the email addresses for the house committee members are at the bottom.  Email them and tell them NO.  VOTE NO.  We do not want this.