This is a blog about what is going on in the world. I add links to articles and videos if I think they are appropriate to further learning. You can move on if you are not interested.

Friday 23 February 2024

Use cash

Rishi Sunak plans to introduce a UK CBDC by next year
From China to the EU, we've analysed digital currencies around the world & the consensus is a global warning - CBDCs are a solution in search of a problem.
Take a look at China's Digital Yuan which is being used to nudge people’s
BEHAVIOUR

Financial surveillance & control reigns supreme when it comes to CBDC's in Nigeria
Identity & transaction data can be accessed by the central bank.
There are also plans to require tuition fee payments to be made in eNaira and to pay government officials in the CBDC
Israel’s central bank admits "absolute privacy will not be possible” with the Digital Shekel


Sweden’s CBDC, e-krona, allows transactions to be TRACEABLE by the authorities
Riksbank admitted that "ALL electronic payments leave traces", once again proving cash to be the most privacy-preserving form of money.
When it comes to the Eurozone CBDC almost half of the citizens surveyed said that privacy should be the #1 priority. Meanwhile, the European Central Bank said complete anonymity is "not a viable option"

Keep using cash wherever you can. If this goes ahead it will be the end of all our freedoms. 
Ilona. 23.2.2024

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