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Joan Corr Hayes's avatar

Reading this gave me a knot in my stomach because it makes sense of a lot of policies and measures being put forward by Governments. As you mentioned - the dots!- I can now see the dots joining up. I did not realise the UBI was so widespread, but of course it is if the WEF are pushing this agenda. It has re-enforced the need to support local and small to medium sized businesses and to use cash much more than I have been doing!.

Thanks for keeping us informed.

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Bernard Devlin's avatar

Very Many Thanks for this excellent and illuminating article. The other concern about CBDC being used in connection with UBI is that central governments will be able to "time expire" the UBI CBDC credits (digital money) which had previously been credited to a person's CBDC digital wallet. A further concern is that central governments will be able to track when, where and on what the CBDC credits are spent and through mobile telephony will be able to know the identity of the person(s) who are with a citizen when that citizen spends the CBDC credits. The introduction of a digital UBI system is deeply troubling and has the potential for central governments to corral their populations through the Gates of authoritarian tyranny. An Orwellian nightmare is imminent. It is vitally important for people to wake up now.

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