G20 leaders have agreed to a plan to eventually impose digital currencies and digital IDs on their respective populations. The Epoch Times has the story.
The leaders of the Group of 20 nations have agreed to a plan to eventually impose digital currencies and digital IDs on their respective populations, amid concern that governments might use them to monitor their people’s spending and crush dissent.
The G20, which is made up of the world’s leading rich and developing nations and is currently under India’s presidency, adopted a final declaration on the subject over the weekend in New Delhi.
The group announced last week that they had agreed to build the necessary infrastructure to implement digital currencies and IDs.
While the group said that discussions are already underway to create international regulations for cryptocurrencies, it claimed that there was “no talk of banning cryptocurrency” at the summit.
Many critics are concerned that governments and central banks will eventually regulate cryptocurrencies and then immediately replace them with central bank digital currencies (CBDC), which lack similar privacy and security. …
Critics say that these proposals might allow government authorities to impose a social credit score system and decide how their citizens can spend their money.
At the summit, European Commission President Ursula von der Leyen called for digital ID systems similar to COVID-19 vaccine passports and for an international regulatory body for artificial intelligence (AI).
She called for the United Nations to have a role in AI regulation and called the European Union’s COVID-19 digital certificate a perfect model for digital public infrastructures (DPI), which would include digital IDs.
“Many of you are familiar with the COVID-19 digital certificate. The EU developed it for itself. The model was so functional and so trusted that 51 countries on four continents adopted it for free,” Ms. von der Leyen said.
“Today, the WHO uses it as a global standard to facilitate mobility in times of health threats. I want to thank Dr. Tedros again for the excellent cooperation,” she said, referring to WHO Director-General Tedros Adhanom Ghebreyesus.
The European Union is currently trying to introduce a bloc-wide “digital identity” app that would consolidate various personal information, including passports, driver’s licences and medical history.
“The future is digital. I passed two messages to the G20. We should establish a framework for safe, responsible AI, with a similar body as the [Intergovernmental Panel on Climate Change] for climate. Digital public infrastructures are an accelerator of growth. They must be trusted, interoperable and open to all,” Ms. von der Leyen wrote on social media.
Worth reading in full.
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Interesting that the bar is called “Lola’s” – in homage no doubt to the Kinks’ song written by the great Ray Davies, even more relevant now than when it was written, 54 years ago.
Here is what Wikipedia says about the “controversy for its lyrics”:
‘In a Record Mirror article entitled “Sex Change Record: Kink Speaks”, Ray Davies addressed the matter, saying, “It really doesn’t matter what sex Lola is, I think she’s all right”. Some radio stations faded the track out before implications of Lola’s biological sex were revealed. On 18 November 1970, “Lola” was banned from being played by several radio stations in Australia because of its “controversial subject matter”, though some began playing “Lola” again after having made a crude edit, which sounded like the record had jumped a groove, to remove the line “I’m glad I’m a man and so’s Lola”.
The last line is pure genius (as is the whole song). In a tale all about gender ambiguity, the final line, “I’m glad I’m a man and so is Lola”, is brilliantly ambiguous. It can be interpreted EITHER as (a) I’m glad I’m a man and Lola is glad I’m a man, OR (b) I’m glad I’m a man and Lola is a man.
The second interpretation would now be regarded as “transphobic” by the current trans cult, but Ray Davies was so prescient that he wrote an ambiguous line with an alternative meaning which takes the wind out of the sails of any accusation of ‘transphobia’!
I met her in a club down in old Soho
Where you drink champagne and it tastes just like Coca-Cola
C-O-L-A, cola
She walked up to me and she asked me to dance
I asked her her name and in a dark brown voice she said, “Lola”
L-O-L-A, Lola
Lo-Lo, Lo, Lo-Lola
Well, I’m not the world’s most physical guy
But when she squeezed me tight, she nearly broke my spine
Oh, my Lola
Lo-Lo, Lo, Lo-Lola
Well, I’m not dumb but I can’t understand
Why she walked like a woman, but talked like a man
Oh, my Lola
Lo-Lo, Lo, Lo-Lola
Lo-Lo, Lo, Lo-Lola
Well, we drank champagne and danced all night
Under electric candlelight
She picked me up and sat me on her knee
And said, “Little boy, won’t you come home with me?”
Well, I’m not the world’s most passionate guy
But when I looked in her eyes, well, I almost fell for my Lola
Lo-Lo, Lo, Lo-Lola
Lo-Lo, Lo, Lo-Lola
Lola
Lo-Lo, Lo, Lo-Lola
Lo-Lo, Lo, Lo-Lola
I pushed her away
I walked to the door
I fell to the floor
I got down on my knees
Then I looked at her, and she at me
Well, that’s the way that I want it to stay
And I always want it to be that way for my Lola
Lo-Lo, Lo, Lo-Lola
Girls will be boys, and boys will be girls
It’s a mixed up, muddled up, shook up world
Except for Lola
Lo-Lo, Lo, Lo-Lola
Well, I’d left home just a week before
And I’d never ever kissed a woman before
But Lola smiled and took me by the hand
And said, “Little boy, I’m gonna make you a man”
Well, I’m not the world’s most masculine man
But I know what I am, and I’m glad I’m a man
And so is Lola
Lo-Lo, Lo, Lo-Lola
Lo-Lo, Lo, Lo-Lola
https://youtu.be/LemG0cvc4oU?si=is5SaMNm15zyv3-w