Britcoin? Yep, on its way!

Rishi Sunak was vocal about CBDC (Central Bank Digital Currency) while serving as Chancellor of the Exchequer.

“The G7 is launching a set of policy principles for retail, Central Bank Digital Currencies, CBDCs,” Sunak said.

The U.K. is a member of the G7 along with the United States, Canada, France, Germany, Italy and Japan.

“Central Bank Digital Currencies could be a digital version of money, a bit like a digital banknote that could be used alongside physical notes and coins.”

https://www.benzinga.com/markets/cryptocurrency/22/10/29388936/new-uk-prime-minister-rishi-sunak-launching-support-for-cbdcs-what-are-they-and-what-could

What he cared to mention is that decision on whether to launch CBDC is for each country to make.

๓áเรՇเг ๓คץђє๓™ @dMasterOfMayhem

Have a happy Great Reset everyone! Brought to you by WEF and paid with CBDC

What could go wrong you may ask?

With currency becoming centralized and digital?

Centralized - governed by Bank of England which gives absolute power to this organization.

Digital - can be hacked, stolen etc. It’s obvious you won’t be able to fill up your physical wallet with it.

But what happens when you are a persona non grata ?

• your account can be frozen and without physical coin or 5 euro note you cannot purchase fuel, food etc.

The Peoples Media @_ThePeoplesNews

Druthers News, an independent media outlet based out of Canada, just had their bank account arbitrarily frozen for engaging in activities the Canadian government simply didn’t like. When will your bank account get frozen by the government for engaging in wrongthink?

UK is going to lead the way with implementing CBDC and this will be extended onto other EU countries.

Eva Vlaardingerbroek @EvaVlaar

The largest Dutch supermarket wants to start listing carbon scores on receipts, some of our largest banks already track individuals’ carbon emissions and elites everywhere around the world are pushing Digital ID’s and CBDC’s And yet most people still don’t see what’s coming.

The question is - who is going to control all finances in the world?

UPDATE

๓áเรՇเг ๓คץђє๓™ @dMasterOfMayhem

Britain would have the power to regulate all cryptoassets under a proposal the UK financial services minister has added to a draft law before parliament that will almost certainly pass.

reuters.comBritain proposes regulation of all cryptoassetsBritain would have the power to regulate all cryptoassets under a proposal the UK financial services minister has added to a draft law before parliament that will almost certainly pass.