UK government and Bank of England says a CBDC will be needed in the not-too-distant future

Another G-7 economy, the UK, took a big step toward adopting a CBDC. At the same time, the first largish economy to have launched a CBDC, Nigeria, descends further into financial chaos.

One of the world’s oldest central banks, the Bank of England (“BoE”), and the British government jointly confirmed that a digital pound would probably be necessary at some point in the none-too-distant future. While they were saying that, lengthy queues were forming at ATMs across Nigeria, the first largish economy to launch a CBDC, as most Nigerians struggle to access physical money following the government’s disastrous demonetisation campaign.

More at the source: The Exposé

Starting at 07:14 minutes, the following video simulates more possible future steps to come (click image for popup video or title for to go to the full page):

1 video found

Digital Identity combined with Central Bank Digital Currency

When the European Digital Identity (EDI) is combined with the Central Bank Digital Currency (CBDC) we will have ended up with a modern form of slavery.