Incredible.
Here’s the link to the bank’s updated Terms and Conditions. See Page 2.
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Reset champion Tony Blair the war maniac who lied to the public (some here support war and death and would probably defend Blair) has enlisted this creature.
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Unless you’re referring to yourself here, please don’t talk like this
And funded by our favorite vacci…sorry…climate scientist!
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Only good thing that Tony Blair ever did in his lifetime was send some special forces into Sierra Leone to put a stop to the carnage that was going on there, although IIRC the only reason he did that is that the first lot of special forces screwed up and got themselves kidnapped. Either way, that particular warmongering venture was a Good Thing.
The rest of the package … turns out he was an evil scumbag who put the country on the road to ruin, and is doing quite nicely for himself these days.
What was Marin up to? Can’t say I paid much attention to Finland.
Macquarie Bank has announced it will phase cash out across their branches in 2024, and by November of the same year, the bank won’t accept cash anywhere.
In many respects, Australia leads the way with the move to a digital penal colony.
Latest CBDC data:
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The “pandemic” was a great time:
"Global government debt peaked as a share of world GDP at 258 per cent in 2020. It was driven up by governments borrowing to safeguard their economies during the COVID pandemic "
International Monetary Fund revealed borrowers owe a record $367 trillion.
$45K debt for every man, women, child.
Some are makin’ out like bandits.
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“as calls grow for restraint”, hahahahahah, that train left in the late 20th century
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But million of lives saved! Clearly, your main goal in life is to kill granny.
$367 trillion. 3.67x10^14. That’s just completely insane, bearing in mind that the majority of that debt falls disproportionately on the shoulders of only half the world’s population - maybe less. The dirt-poor, being mostly disconnected from the mainstream economy, are likely to be less affected IMO. They’ll just be as poor as they ever were as the rest of the house of cards collapses.
I can actually see the logic in the CBDC thing. It’s a controlled demolition that will (among other things) make sure the plebs bear the full brunt of the real-world consequences of that debt.
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“I’d say we’ll be functionally cashless by the end of 2025 — it’ll just be a complete rarity,” said Richard Holden, professor of economics at UNSW Business School.
“But unless the government gets involved to accelerate the process I think we’ll be actually cashless by 2030.”
Dr Vasantkumar said there were serious issues to consider at both a personal and societal level.
“On a personal level, some folks (indeed some societies) have serious concerns about lack of privacy — this is the flip side of a popular argument for moving to cashless transactions — decreased crime as a result of increased transparency,” he said.
“But one person’s transparency is another person’s surveillance. How much information about our economic behaviour are we comfortable giving up? Different countries answer this question in different ways. Germans, for example, still strongly prefer cash (especially in the east) due to negative past experiences with state surveillance.”
More broadly, Dr Vasantkumar suggested an issue less often considered with going cashless was “in some ways a kind of privatisation of what used to be a public asset — money itself”.
“The kind of money we’re generally used to, standard currency issued by states (or by banks tapped by states to issue it on their behalf) is a public good like a healthcare system — accessible equally by all and ideally not a source of profit,” he said.
“Going cashless moves transactions out of this sphere into a world where you are always relying on privately held banking infrastructures to buy and sell things and someone is making money off your transactions (e.g., debit and credit card transaction fees). We wouldn’t usually think about this as similar to selling off the power grid but in some ways it really is.”
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Drip, drip, drip…
I think SPCA and fossil fuel haters should band together against this. They’d make a perfect couple.
Sorry, I don’t understand why flashing your passport on a phone rather than a paper passport is an example of government tyranny. Where do you think passports come from?
And your banking details, internet history, social media, medical records, kinks, etc., will conveniently be added for your ease.
Reminds me of the slow boiling frog.
“Sorry, I don’t understand why flashing your microchip in your wrist rather than a phone is an example of government tyranny. Where do you think lithium batteries come from?”
“Sorry, I don’t understand why reading your DNA rather than a microchip is an example of government tyranny. Where do you think microchips come from?”
Etc…
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More dystopian bollocks:
Although I’m opposed to this sort of thing on general principles, I can see how you might make a valid case for it if, for example, you had the narrow goal of catching criminals, fugitives, or terrorists and you had strong legal constraints in place to make sure it could not be used in any other way. But that’s not the reason:
the measures will allow Singapore to be more prepared for future pandemics and to pave the way for adjustments to border controls
The acid test for any of this stuff - for those who “can’t see” how it’s any different from X or Y - is whether the purpose of it is to control, track, and subdue the masses. The superficial justifications are tediously monotonous: threats of hypothetical harms and/or the incentive of “convenience”.
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All I can say is that I’m glad I’m not being born into this type of future.