Is this the shady reason Rishi Sunak was installed as the UK’s prime minister?
Rishi Sunak: was he made UK prime minister to get rid of hard cash and replace it with a digital currency that he could control?
Was Rishi Sunak made UK prime minister so he could change the way we use money – for the worse?
Central Bank Digital Currency is a form of digital money which will apparently usher in the UK as a cashless society.
The drawback for users like you and me is that it seems likely the government and/or the bank will be able to control what we buy, or whether we can buy anything at all.
Here’s This Site’s long-term colleague, Sonia Paulton, to explain:
Isn’t it strange that the Tories present themselves as the Party of Choice but all they do is take away our ability to make decisions for ourselves?
So: what do you think?
Do you want your money to be controlled by Rishi Sunak and his cronies?
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I’m making no comment on the story itself. But I do have concerns over the potential reputational damage of partnering with Sonia Poulton..
Poulton seems to see central bank digital currency as a means for authorities to enforce so-called “15 minute zones”, which is an Internet conspiracy theory.
There are real threats in the world to look out for, and conspiracy theories are at the least a dangerous distraction.
She does mention trying to use a card outside a 15-minute area, it’s true… But you seem to have forgotten all the other points she makes. Why are you ignoring them? Is it just because you’ve found one point on which you think she can be disproved and reckon that’s enough?
It isn’t.
No, that was not my intention, and the very real dangers of a CBDC cashless society have been discussed in other forums so they are ‘out there’. I concentrated on Poulton’s reference to a conspiracy theory she apparently agrees with, in order to highlight this error, rather than write a full review of her video. Errors of this kind do not discredit her other views, but caution is needed as we consider what she says generally.
Is that not in order?
What she says totally makes sense. We have a government which thinks it can do whatever it wants with impunity – like giving Cameron a title and a place in government without giving the people a chance to vote on it. Democracy is dead. It’s only a matter of time before this ‘cashless society’ is foisted on us. Then we’ll really see their true colours.