20 07, 2022

‘Part-time amateurs’: RBA ‘failing’ due to lack of expertise, former insiders say

July 20, 2022|Australia, CBDC, Censorship, Finance, Inquiry, Politics|

The RBA could soon see a major overhaul, amid accusations that its nine-member board lacks economic qualifications.

As inflation skyrockets and borrowers grapple with sharply rising interest rates, a series of “embarrassing” missteps have focused public attention on the Reserve Bank like rarely before.

With the […]

17 07, 2022

Would you implant a tiny debit card chip in your hand? Forget fingerprint or facial recognition… ‘biometric’ payment is being touted as the future

July 17, 2022|CBDC, Digital ID, Finance, Food Supply, Misinformed Media, Politics, Privacy, Psychology, Social Credit, Surveillance, Technology|

  • Walletmor claims to be the first company to sell contactless bank-card chips
  • The procedure to fit one leaves customers with a small stitch below the wrist
  • Once the chip is in, users no longer have to bother with debit or credit cards
  • To make a purchase they can simply wave their hand over a contactless reader
17 07, 2022

Bank of England tells ministers to intervene on digital currency ‘programming’

July 17, 2022|CBDC, Digital ID, Finance, Politics, Privacy, Social Credit, Surveillance|

Digital cash could be programmed to ensure it is only spent on essentials, or goods which an employer or Government deems to be sensible

The Bank of England has called on ministers to decide whether a central bank digital currency should be “programmable”, ultimately giving the issuer control over […]

10 07, 2022

Australia proposed the idea of using Digital ID system to de-anonymize social media users

July 10, 2022|Australia, CBDC, Digital ID, Social Credit, Surveillance|

Employees at the Digital Transformation Agency (DTA) have opposed the use of the Australian government’s proposed digital identity scheme to de-anonymize social media accounts. Former minister for employment, workforce, skills, small and family business Robert Stewart proposed the use as a way to stop online trolling, Crikey reported.

Related: Australia […]

10 07, 2022

Bill Gates tells governments to invest in technologies for “payment and ID systems”

July 10, 2022|CBDC, Digital ID, International, Social Credit, Surveillance|

Account ownership and digital payments have increased, so has the gender gap in account ownership, according to the World Bank, after it analyzed the Global Findex 2021 database.

The World Bank attributed the improvement on financial inclusion by controversial modern digital ID systems, and called for more investment in the […]