Free Republic

It’s official: the Brazilian Central Bank has announced the introduction of its CBDC (Central Bank Digital Currency). It’s called DREX, the acronym for Digital Real Electronic X (real is Brazil’s currency), and the finished logo reveals the project is, in fact, quite advanced. Here’s the meat of the Central Bank’s press release: DREX is coming to facilitate the life of Brazilians. With a new face, our Central Bank Digital Currency project – created and operated by the Brazilian Central Bank – has its own name. Previously called Real Digital, it will provide a safe and regulated environment for new businesses...

The UK Government has opened a consultation “to support” digital identification and the sharing of personal data. They are not consulting whether the public agrees with their sinister plan. Neither does the Government’s “consultation” encourage public debate on the matter. They are surveying the public in such a way as to garner support. The list of government departments that would share your data under this proposed plan is extensive and, be warned, not exhaustive – the organisations that will have access to your data, and ultimately control over your life, will grow. Alarmingly your data will also be shared with...