Loving Life TV

Central Bank Digital Currency

South African banks roll out the central bank digital currency – Payshap – complete surveillance of your every purchase

iFrame is not supported! I have been talking about South Africa’s new central bank digital currency (CBDC) for nearly a year – now Payshap has been incorporated into the current banking options for banks in South Africa like ABSA and Standard Bank. The promises are speed of transfer of funds while the hidden surveillance of …

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South African banks now rolling out the precursor to the central bank digital currency – the digital ID

iFrame is not supported! South Africa currently has 27 Department of Home Affairs-approved bank branches where you can get your smart ID card or renew your passport. On 27 June 2023, home affairs minister Aaron Motsoaledi approved a temporary extension of operating hours at 198 offices by two hours to meet the demand for smart …

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The proposed Basic Income Grant in South Africa is the Trojan Horse for implementing the Central Bank Digital Currency

iFrame is not supported! Political parties have thrown their support behind the planned move by the Department of Social Development to ask the Cabinet to extend the R350 social relief of distress (SRD) grant for another two years. While they were wary of the grant being used for electioneering when it is extended after March …

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UK politician Nigel Farage blocked from having a bank account by politicised banks

iFrame is not supported! Nigel Farage played a pivotal role in the referendum in the UK that led to that country leaving the European Union. The World Economic Forum and the big banks were not happy and have now blocked Nigel from having a bank account. Imagine what powers central banks will have with a …

UK politician Nigel Farage blocked from having a bank account by politicised banks Read More »