Topic: Digital Pound

2 chapters across the catalog

Barack Obama is shown discussing the need for developing nations in Africa to find new ways of producing energy to prevent the planet from "boiling over" as living standards rise. This is contrasted with the push for a cashless society and Central Bank Digital Currencies (CBDCs). The British government's announcement of a digital pound is cited as a tool for tracking purchases and restricting the behavior of young people.

The Bank of International Settlements (BIS) and the WEF are reportedly moving toward Central Bank Digital Currencies (CBDCs) that allow for "absolute control" over money. Officials are quoted discussing "programmable money" with expiry dates and restrictions on what can be purchased, such as ammunition or tobacco. While the UK explores a digital pound for age verification, Poland's right-wing Confederation Party is fighting to guarantee the right to use cash in the constitution.