the motherwefers do this in smaller venues for testing purposes before moving up to larger projects such as the empire;
- The Bank of England is set to introduce the digital pound, a central bank digital currency (CBDC) that will allow for the meticulous recording and monitoring of transactions.
- The UK government's National Payments Vision publication signifies a significant step towards a financial system with increased surveillance and control.
- The Bank of England's claims of "privacy, not anonymity" are questionable due to the massive data collection that will be enabled by the digital pound.
- The implementation of privacy-enhancing technologies like pseudonymization and zero-knowledge proofs may provide some security, but these measures are still fraught with risks.
- The UK government's intention to continue the design phase for the digital pound reflects a deliberate move towards a society where independent financial transactions are increasingly monitored and restricted.
- The push for a digital pound represents a threat to financial freedom and personal privacy, establishing control over citizens' financial lives and moving towards a dystopian future where financial independence becomes a relic of the past.
As life in the United Kingdom descends to the kind of oligarchical tyranny that once marred its landscape, the Bank of England is set to roll out the digital pound, a central bank digital currency (CBDC) that promises to be the ultimate surveillance tool. This move, coupled with the UK government's recent publication of its National Payments Vision, marks a significant step toward a financial system where every transaction is meticulously recorded, monitored, and controlled..........more....
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