One Step Closer to Capped Programmable Money
Digital pound cap and other news.
#1. One step closer to capped programmable money
“Britons face 20,000 digital pound cap under Bank of England plan.” At first, this will be sold to the people as "a little extra digital cash" in your "free digital wallet." And then one day, the regular account will die suddenly and unexpectedly—and the capped and programmable digital wallet will stay. The way I see it, based on the logic of how history usually works in relation to psychology, unless there is massive spiritual upheaval, this is almost guaranteed.
Britons face 20,000 digital pound cap under Bank of England plan
By Huw Jones
LONDON, Feb 7 (Reuters) - Britons would be limited to 20,000 digital pounds ($24,000) each if the country goes ahead with a digital currency, Bank of England Deputy Governor Jon Cunliffe said on Tuesday.
Britain's government said on Monday that it and the BoE were pressing on with work on a possible digital pound that was likely to enter circulation in the second half of this decade and be held in a "wallet" provided by banks, although no final decision has been made.
"We propose a limit of between 10,000 pounds and 20,000 pounds per individual as the appropriate balance between managing risks and supporting wide usability of the digital pound," Cunliffe said in a speech.
A limit of 10,000 pounds would mean that three quarters of people could receive their pay in digital pounds as well as holding pre-existing balances in the same account, while a 20,000 pound limit would allow almost everyone to use digital pounds for day-to-day transactions, Cunliffe said.
Money above the cap would be "swept" into a customer's commercial bank account given that a digital pound would not be a means for storing wealth, he told members of UK Finance, a banking industry body.
#2. Interview with Dr. John Day
Dr. Mercola published my article and interview with brave and soulful Dr. John Day (website / Censored Library / PDF / Rumble).
The story of Dr. John Day in Texas is an illustration of just how upside-down the medical establishment is today
All throughout the “COVID pandemic,” Dr. Day was serving his patients and doing his job with soul
Not only was he doing his job with soul — being the only one at his clinic who was actually treating COVID patients — he was also helping patients on his free time and volunteering at the clinic by growing a community garden
When the vaccine mandates were announced, Dr. Day declined the injection and also spoke up against the dehumanization of the “unvaccinated”
While, based on Abbot’s executive order, the clinic administration could not proceed with the plan of firing Dr. Day for declining the injection, he was none the less fired in October 2021 for “offending” people with his views and for helping a disabled patient in a wheelchair run a difficult errand, on his “off” day
#3. “Flagging uninjected teachers to the FBI and what that means”
Jessica Rose just sent this, an important read.
[U]nvaccinated teachers in New York City were flagged with problem codes in their personnel files, and when that occurred “their fingerprints are sent with that flag to the FBI and the New York Criminal Justice Services”. Betsy Combier
#4. A beautiful essay
If you are into thoughtful, beautiful, poetic writing, you might really enjoy this essay by my talented friend Anaïs Tekerian.
#5. Masks: for comic relief that is no longer very comic after all the abuse that was done upon us
My own internal debate on the effectiveness of masks ended mid-March 2020. Remember early March 2020, when every television face was shaming the citizens for even thinking about wearing a mask?
Naturally, I felt suspicious and opined that I should do the opposite of what the television says, so I bought a mask. And so, some time mid-March 2020, I was waiting in line to get groceries—in a mask—when a very inebriated gent passed by. Well, well, well, even from afar, I could smell every molecule of liquor in the air. Call me a peasant scientist but I concluded that masks were probably no good.
I am tempted to say, you won’t believe what happened next…. but of course you know what happened next because you’ve lived through that. And so,
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The british government is notoriously bad at IT projects - the track and trace app they spent billions on during covid which had to be abandoned, the NHS IT systems, etc., and then there was all the postmasters who got jailed for embezzelment but which was actually an accounting bug in the new post office software. I don't see them being able to pull off a workable CBDC platform based on this expierence
I have been amazed at how people have embraced the whole "tap and pay" thing with credit cards. The banks don't even give you a choice. It's just enabled. You have to go in and demand to have the function removed from the card. Same with the facial recognition on the banking apps. I fought with them for about two hours to have them restore my pin and remove the face thing. Everything just becomes easier and easier and more and more convenient. People love cute new technologies. It makes them feel so powerful to wave a card and voila! - they've bought something. Or show their face to the phone and - Open Sesame! I have absolutely no doubt that most will run into the arms of CBDCs with unbridled joy. It will be so cool! So convenient! No more purses! No more credit cards! Isn't technology great!
We are truly our own worst enemies. So many will not recognise they're being led to the totalitarian slaughterhouses until the doors are bolted and the chopping blocks are running with blood.