Keep it Cash Campaign: Cambridge Central Station - Friday 24th June 2022

Thanks to Debbie for coming to Cambridge to help promote the use of cash and fight the threat posed to freedom everywhere from the ongoing implementation of a digital payment system.

"Once CBDCs are implemented, and cash erased, every single one of your digital transactions will exist on the public ledger, anybody can see them, forever. And unlike self-custodial decentralised crypto wallets, central banks seek openly to have access to your CBDC wallet by tying it to a state-issued digital identity.
The Financial times reports (https://www.ft.com/content/88f47c48-97fe-4df3-854e-0d404a3a5f9a):
"What CBDC research and experimentation appears to be showing is that it will be nigh on impossible to issue such currencies outside of a comprehensive national digital ID management system. Meaning: CBDCs will likely be tied to personal accounts that include personal data, credit history and other forms of relevant information.” "
https://maajidnawaz.substack.com/p/president-biden-chillingly-declares-40c

https://www.gov.uk/government/publications/g7-public-policy-principles-for-retail-central-bank-digital-currencies-and-g7-finance-ministers-and-central-bank-governors-statement-on-central-bank

https://www.bankofengland.co.uk/research/digital-currencies

https://www.federalreserve.gov/central-bank-digital-currency.htm

"The growing popularity of crypto led central banks to fear losing control over the supply of money and payments systems. The spread of forms of payment not overseen by any central or public body could weaken central banks' grip on the supply of money, ...

Networked electronic resources are used by both crypto and CBDCs to create, track and validate transactions. However, many CBDCs have a central database controlled by a central bank which issues a unique serial number to each ‘e-coin’ issued as a way to identify it....

China became the world's first major economy to pilot a digital currency in April 2020. The People's Bank of China is aiming for widespread domestic use of the e-CNY, or digital yuan, in 2022."
https://www.euronews.com/next/2022/03/09/cbdcs-these-are-the-countries-are-using-launching-or-piloting-their-own-digital-currencies

www.StopNewNormal.net

www.LetTheUkLive.com