Thread by @elleprovocateur

"Smartphones" trump food. #DigitalID

Nov 1 2021, #CBDC India: "so every single person today, even if he's not able to afford all the 3 meals, is having a #Smartphone in his hand. And I must thank some of the Asian countries which actually revolutionize[d] the smartphone market"

"so these three: the #biometric identity, the no-frills savings account [], & of course the #smartphone, & the fact that data is so cheap in India was the one which actually set the ground... I think #Canada & India started on this journey of instant payments almost together..."

Jan 18 2021, Payments #Canada: "Design attributes for a retail #CBDC... introduction of a new channel for illicit activities, money-laundering, terrorist financing other socially undesirable behaviours."

#DigitalID #Compliance #Surveillance

payments.ca/sites/default/…

Jan 27, 2022: "Central Bank Digital Currency: Wholesale #CBDC Global Developments"

"This paper is the 4th in Payments #Canada’s series exploring the implications of a central bank digital currency."

payments.ca/about-us/news/…

Central Bank Digital Currencies cross the World 👇

"However, if #CBDCs [] severely cap amounts held in electronic wallets, some may be deterred from using them...The programmability of CBDCs offers further avenues for flexibility – including the potential to influence social behaviour."

#Commonwealth

fitchratings.com/research/banks…

Antigua, Barbuda, Grenada, St Kitts, Nevis, Saint Lucia (launched Mar 31 2021), Bahamas, Dominica, Montserrat, Saint Vincent/Grenadines, Nigeria, have all launched CBDCs. #Commonwealth

#Dcash: dcashec.com

#eNaira: enaira.gov.ng

On July 22, 2021, the Atlantic Council’s GeoEconomics Center launched the Central Bank Digital Currency (#CBDC) Tracker. The original version of the tracker – launched April 2020 – was utilized by the #FederalReserve & Bank of Int. Settlements. #BIS

atlanticcouncil.org/cbdctracker/

The #GeoEconomics Center is organized around 3 pillars: Future of #Capitalism, Future of $, & the Economic Statecraft Initiative. In 2021 the Center produced "major reports on the dramatic changes in global #monetaryPolicy, & the shifting use of #sanctions worldwide".