Canada Halts Digital Loonie

By Martin Armstrong Over 130 nations are attempting to create a digital currency as we move toward a cashless society. I recently explained how Australia is prioritizing a wholesale CBDC with a retail one to follow. The Bank of Canada recently shelved plans to create a digital Loonie, but rest assured this is a mere pause as …

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Will we “accidentally” walk into the digital ID system?

Will we "accidentally" walk into the digital ID system? https://t.co/1FSTKUZhpd pic.twitter.com/VrLq2y5TYT — DoctorRay (@DrNoMask) August 25, 2024 Report: Biden Administration Rushes Digital ID Plans The Biden administration is working to expedite widespread adoption of digital IDs, including driver’s licenses, a draft executive order indicates. Digital IDs are a contentious concept primarily because of the concentration …

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Australia’s digital payment crash underscores the essential need for physical cash.

🚨 REMEMBER 🚨 Australia is only the 2nd country into the developed world to stop legal restrictions on the use of cash! Our campaign against the Australian Government in 2019 – 20 was epic! Our silver round is a celebration of our GREAT VICTORY!https://t.co/obAWaPGwiG — John Adams (@adamseconomics) July 19, 2024 Millions hit by massive …

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CNN to Lay Off 100 Staffers as It Preps Major Revamp of Digital Efforts… Kills Opinion Section…

CNN CEO Mark Thompson told staff Wednesday that its first digital subscription product will launch this year, and that it is exploring a “strategic push into AI.” Layoffs will once again hit CNN as the cable news channel reorganizes in a push to expand its digital businesses. CNN CEO Mark Thompson outlined his digital vision …

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Project mBridge to Continue Exploring Multi- Central Bank Digital Currency (CBDC) Platform

via crowdfundinsider: Project mBridge continues its development and has reached the minimum viable product (MVP) stage, while broadening its international reach. The project aims to explore a multi-central bank digital currency (CBDC) platform “shared among participating central banks and commercial banks, built on distributed ledger technology (DLT) to enable instant cross-border payments and settlement.” Project …

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BIS Asks Banks to Join China-Backed Digital Cash-Sending Project…Saudi Arabia joins mBridge as full participant

Saudi Arabia has recently become a “full participant” in Project mBridge, a cross-border trial for central bank digital currencies (CBDCs) led by China. This collaboration, initiated in 2021, includes the central banks of China, Hong Kong, Thailand, and the United Arab Emirates. The Bank for International Settlements (BIS), which oversees the project, announced this development. …

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U.S. moves to digitize public benefits, creating a national digital ID system.

Gotta get chipped under your skin and retina scanned to keep getting your gubbermint free stuff. pic.twitter.com/50Mc77kyU9 — Wall Street Mav (@WallStreetMav) June 16, 2024 The U.S. Department of Commerce is advancing a plan to digitize the identities of Americans receiving public benefits, including government healthcare, Veterans’ benefits, Social Security, and low-income welfare programs. This …

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Australian Digital ID to be Rolled Out from July 1st 2024 – Digital ID to Access Social Media

The Australian Digital ID Bill 2024 has been passed by the Australian government, marking a significant milestone in the establishment of a national digital identity system. Here are the key details: Digital ID Bill 2024: The Digital ID Bill 2024 and the Digital ID (Transitional and Consequential Provisions) Bill 2024 were passed in the Senate …

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US House Passes Bill To Ban The Federal Reserve From Creating A Central Bank Digital Currency (CBDC).

JUST IN: 🇺🇸 US House passes bill to ban the Federal Reserve from creating a Central Bank Digital Currency (CBDC). — Watcher.Guru (@WatcherGuru) May 23, 2024 Look at the vote. The Republicans want you to have financial freedom while the Democrats want financial slavery. JUST IN: 🇺🇸 House passes bill to ban Federal Reserve from …

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Apple ad blocker could destroy digital newspapers.

May 12 (Reuters) – British newspaper groups have warned Apple that any move to impose a so-called “web eraser” tool to block advertisements would put the financial sustainability of journalism at risk, the Financial Times reported on Sunday. Apple is preparing to include an AI-based privacy feature in the Safari browser in the next iOS …

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$267,000,000,000 Bank To Abolish Cash, Warns Customers To Prepare for Massive Digital Overhaul

One of the largest banks in Australia is rolling out a plan to terminate cash and checking services. In an update on its website, Macquarie Bank, which has $267 billion in assets, tells customers that a digital-centered banking experience will begin in November. “In case you missed it, we’re phasing out our cash and cheque services for …

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HSBC introduces first-ever digital gold token, offering retail buyers direct access to gold stored in the bank’s vaults

🚨HSBC LAUNCHES DIGITAL GOLD The HSBC Gold Token is the first #digitalgold coin in the world launched by a bank for retail buyers. ✅ Gold tokens represent gold in bank’s vault ✅ Blockchain allows holders to more easily track #gold they own pic.twitter.com/OSU4jnD9wa — Peter Spina ⚒ GoldSeek | SilverSeek (@goldseek) March 27, 2024 HSBC’s …

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In the last 6 years 60% of ATMS in Australia have disappeared with fewer than 6,000 remaining. Digital cash inevitable?

Tweet reads: The reality of a cashless society appears inevitable with terrifying implications for government overreach. In the last 6 years 60% of ATMS in Australia have disappeared with fewer than 6,000 remaining. “Once the government gets control of our money and then they combine that with Medicare. When they combine that with ATO. And …

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The WA Government is offering families a one-off cash payment. All you have to do to claim it is get a Digital ID.

CASH FOR DIGITAL ID 💵 The WA Government is offering families a one-off cash payment. All you have to do to claim it is get a Digital ID.https://t.co/hC8alxvdSn — Rebekah Barnett (@dystopian_DU) March 19, 2024 The WA Government is offering families a one-off cash payment. All you have to do to claim it is get …

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Reports of massive failure in digital services in Moscow & other regions of Russia

⚡️ russians complain about a massive failure of their digital services. The disruptions were recorded both in moscow and in other regions of russia, russian media report. 👉 Follow @Flash_news_ua — BLYSKAVKA (@blyskavka_ua) March 11, 2024 In Russia, there was a massive failure in the operation of digital services In particular, outages were recorded both …

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BRICS announces new digital payment platform

Huge news on #dedollarization #BRICS nations are discussing a multilateral digital settlement and payments platform. Goodbye to SWIFT, dollar, and US hegemony! Meeting in São Paulo, Brazil pic.twitter.com/EO7vjnUaqt — S.L. Kanthan (@Kanthan2030) February 28, 2024 Finance ministers discuss BRICS Bridge digital currency payments Yesterday BRICS finance ministers and central bank governors met in Sao Paulo, …

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European Commission Implements Digital Services Act to Combat Misinformation and Disinformation

“This legislation… is a Trojan horse: it presents a facade of respecting democratic principles… But behind this liberal facade, the exact opposite is happening: an attack is taking place against the constitutional order.” European Commission President Ursula von der Leyen opened her speech at Davos this year by underscoring the “top concern” among the World …

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Investigative journalist uncovers troubling connections between FTX’s Sam Bankman-Freed and the future of digital currencies in the United States

So it may seem like a lot of competing stablecoins, but ultimately, they’ll be very tied up with the US government and also US intelligence because there’s a broader push to merge a lot of data sharing between Wall Street, banking regulators, and intelligence agencies that’s been promoted really heavily by groups like the Carnegie …

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The SEC has approved bitcoin ETFs – this is to socialize and normalize Digital Currency among the Masses – CBDC is coming next.

This is going to create a lot of publicity around Digital Currency, to allow the media and the government to socialize and normalize digital currency among the masses. Then the Central Bankers can more easily introduce Central Bank Digital Currency (CBDC). The end of cash and freedom may be drawing near. https://www.theguardian.com/technology/2024/jan/11/bitcoin-etf-approved-sec-explained-meaning-securities-regulator-tweet The SEC has …

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