The Bank of England and HM Treasury in the UK are now preparing a UK digital currency to replace cash – and to enable them to know what you are buying, and where and when you are buying it.
The new system is being designed to enable the tax authorities to take money out of your account so that all your taxes and fines are all paid automatically.
All this is being done under the auspices of, and with the encouragement of the Bank of International Settlements, which is very keen on central banks creating digital currencies. It was the Bank of International Settlements which…
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Source: Dr Vernon Coleman - MB ChB DSc Read the original article here: https://vernoncoleman.org/