What 100 Million ‘Unbanked’ Nigerians Can Teach Canadians About Central Bank Digital Currency
Despite credit cards, e-transfers, and online banking having already made money go pretty much digital, the Bank of Canada is busily working on a much bigger transformation. Canada is one of about 100 countries that—in uncanny synchronicity—several years ago joined the race toward retail central bank digital currency (CBDC).
Touted as the digital equivalent of cash, CBDC risks eroding the established banking system and, among many other problems, is likely to be vulnerable to hackers’ attacks which, should a foreign government use this as a tactic in “hybrid” warfare, might prove capable of destabilizing a target country’s economy.
https://www.theepochtimes.com/opinion/what-100-million-unbanked-nigerians-can-teach-canadians-about-central-bank-digital-currency-5537535?utm_source=ref_share&utm_campaign=copy
UN Climate Summit blocks Rebel News — again
Sheila Gunn Reid discusses how the United Nations refused to allow Rebel News into its climate change conference in Brazil despite an email claiming Rebel News was accredited.
The United Nations climate conference in Belém, Brazil, is underway — and, in true UN fashion, it took all of ten minutes for the hypocrisy to hit us in the face.
For the first time in nine years, Rebel News was officially accredited to enter the conference grounds. We got the approval emails. We got our work visas. We flew half way around the world. We went to pick up our badges. Then the bureaucrats did what UN bureaucrats always do when a climate heretic gets too close: they found a problem.
Suddenly, our accreditation “didn’t allow” us inside the main venue — the pavilions, media rooms, and meeting halls packed with activists, diplomats, and 55,000 carbon-burning delegates who flew halfway around the world to lecture ordinary people about their energy use.
But somehow, we were ...
