Digital currency dubbed 'Britcoin'

[pi3141]

Treasury and Bank of England consider plans for shoppers to use digital currency dubbed 'Britcoin' instead of cash

 

Shoppers could be using a digital currency dubbed 'Britcoin' instead of cash under plans being considered by the Treasury and the Bank of England.

 

The proposals would create a 'digital pound' issued by the Bank, accessed through digital wallets and interchangeable with cash and bank deposits.

 

However, account holders might have to pay to hold the money in the digital wallets set up by private providers.

 

Link - https://www.google.co.uk/amp/s/www.dailymail.co.uk/news/article-11720865/amp/Shoppers-use-digital-currency-dubbed-Britcoin-instead-cash.html

 

In the comments section- 

 

Tin foil brigade right again.....

 

And

 

And here we go... seems like the conspiracy theorists were right all along. Sinister stuff.

[jack121]

 

I did hear a while ago about negative interest rates, where you don't get paid any interest on your savings, you have to pay the banks for the honour of having a back account. This looks like a step in that direction.

A lot of people and businesses are going to suffer because of this. Wonder what the transfer fee is going to be? At the moment credit card companies charge 4%, if this gets accepted they can charge whatever they feel like because there will be no competition.

 

 

 

[eddy64]

cbdc where they can make your money expire.  charge you transaction fees on everything and stop you from buying things they deem unacceptable, lovely

[Captainlove]

start using gold and silver as payment instead. Or offer services in trade for items. Digital cash is full control and slavery for the masses.

Edited February 7 by Captainlove

[webtrekker]

2 hours ago, eddy64 said:

cbdc where they can make your money expire.  charge you transaction fees on everything and stop you from buying things they deem unacceptable, lovely

 

Imagine gun-owning Americans being refused the option to buy weapons via CBDC. All gun, crossbow, and hunting knife shops in the US would be out of business overnight. This is exactly what they want ... to disarm the entire population, along with many of the other 'benefits' (for the government, not us) that CBDC brings.

 

 

 

[EnigmaticWorld]

And "muh based" opposition:

 

Russia fast-tracks CBDC: Digital ruble to be used in "real operations" in 2023
https://edwardslavsquat.substack.com/p/russia-fast-tracks-cbdc-digital-ruble

 

Digital ruble goes through first reading in Russian Duma
https://edwardslavsquat.substack.com/p/the-digital-ruble-a-friendly-cbdc

 

 

 

[Campion]

So what's in it for us, why would we use digital currency instead of regular bank accounts if we have a choice? Maybe that's the point, like the camel's nose in the tent, once we start allowing this as a voluntary thing it will gradually crank up until it takes over. Like what's happening with electric cars. 

[Fluke]

40 minutes ago, Campion said:

So what's in it for us, why would we use digital currency instead of regular bank accounts if we have a choice? Maybe that's the point, like the camel's nose in the tent, once we start allowing this as a voluntary thing it will gradually crank up until it takes over. Like what's happening with electric cars. 

Same reason people use apple pay and then claim they feel embarrassed when a transaction declines.

 

It beats me cash or debit card  does me fine.

[Truthblast]

On 2/7/2023 at 10:55 AM, pi3141 said:

Treasury and Bank of England consider plans for shoppers to use digital currency dubbed 'Britcoin' instead of cash

 

Shoppers could be using a digital currency dubbed 'Britcoin' instead of cash under plans being considered by the Treasury and the Bank of England.

 

The proposals would create a 'digital pound' issued by the Bank, accessed through digital wallets and interchangeable with cash and bank deposits.

 

However, account holders might have to pay to hold the money in the digital wallets set up by private providers.

 

Link - https://www.google.co.uk/amp/s/www.dailymail.co.uk/news/article-11720865/amp/Shoppers-use-digital-currency-dubbed-Britcoin-instead-cash.html

 

In the comments section- 

 

Tin foil brigade right again.....

 

And

 

And here we go... seems like the conspiracy theorists were right all along. Sinister stuff.

 

BRICKED-COIN

[Orange Alert]

On 2/7/2023 at 11:32 AM, EnigmaticWorld said:

And "muh based" opposition:

 

Russia fast-tracks CBDC: Digital ruble to be used in "real operations" in 2023
https://edwardslavsquat.substack.com/p/russia-fast-tracks-cbdc-digital-ruble

 

Digital ruble goes through first reading in Russian Duma
https://edwardslavsquat.substack.com/p/the-digital-ruble-a-friendly-cbdc

 

 

 

 

Yes, Russia, once again, in lockstep with the global agenda.

[Talorgan]

https://www.bankofengland.co.uk/paper/2023/the-digital-pound-consultation-paper?utm_source=substack&utm_medium=email 

 

until June 7th to reply / consultation  it seems