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HomeMy WebLinkAbout08.12.24 Board Correspondence Fwd_ Excellent 40 minutes of Catherine Austin F.ATTENTION: This message originated from outside Butte County. Please exercise judgment before opening attachments, clicking on links, or replying.. From:lance dreiss To:Senator.Dahle@senate.ca.gov; Assemblymember.Gallagher@assembly.ca.gov; District Attorney; davidhollister@countyofplumas.com; pcbs@countyofplumas.com; Durfee, Peter; tjohns@pcso.net; Kimmelshue, Tod; Pickett, Andy; Connelly, Bill; Ring, Brian; JULIE THREET; Waugh, Melanie; Ritter, Tami; Teeter, Doug; Clerk of the Board; Congressman Doug LaMalfa; Stephens, Brad J. Subject:Fwd: Excellent 40 minutes of Catherine Austin Fitts on CBDCs (which may be rolling out next in New Zealand, after a fai… Date:Monday, August 12, 2024 12:01:00 PM Public Record diana dreiss From: Meryl Nass from Meryl’s CHAOS Newsletter <merylnass@substack.com> Date: August 12, 2024 at 11:56:39 AM PDT To: lancedreiss@att.net Subject: Excellent 40 minutes of Catherine Austin Fitts on CBDCs (which may be rolling out next in New Zealand, after a fai… Reply-To: Meryl Nass from Meryl’s CHAOS Newsletter  Forwarded this email? Subscribe here for more Excellent 40 minutes of CatherineAustin Fitts on CBDCs (which may berolling out next in New Zealand, aftera failed launch in Nigeria last year) They try things out in one setting, then another, till they get it right MERYL NASS AUG 12 READ IN APP In this installment of our series ‘Our Digital Future', Alistair Harding speaks to financial guru Catherine Austin Fitts about the unified ledger, programmability, and the possibility of central bank control over how we spend our money. https://realitycheck.radio/replay/our-digital-future-catherine-austin-fitts-cbdcs- on-the-unified-ledger-programmability-and-the-possibility-of-central-bank- control-over-how-we-spend-our-money/ And about that failed launch in Nigeria. By Tuhu Nugraha October 22, 2023 Why Did CBDC Fail in Nigeria? Valuable Lessons forDeveloping Countries https://moderndiplomacy.eu/2023/10/22/why-did-cbdc-fail-in-nigeria-valuable- lessons-for-developing-countries/ In the rapidly digitizing era, many nations are eyeing Central Bank Digital Currency (CBDC) as the future solution for payment systems. However, Nigeria’s case illustrates that transitioning to CBDC isn’t a straightforward path, especially for developing countries. Based on an analysis by Nicholas Anthony on Coindesk, the Nigerian government attempted to propel a transition to a cashless economy by implementing a Central Bank Digital Currency (CBDC). Yet, the imposed cash usage restrictions led to public protests demanding the restoration of paper money. Despite the government’s efforts to boost CBDC adoption, such as removing access restrictions and offering payment discounts, these initiatives proved fruitless. Moreover, with cash withdrawal limits and currency redesigns, the situation worsened, triggering a cash shortage and escalating public dissatisfaction. Consequently, CBDC adoption in Nigeria remains abysmally low, with less than 0.5% of the population using it, while over 50% have embraced cryptocurrency. What can we learn from Nigeria’s CBDC failure?… You're currently a free subscriber to Meryl’s CHAOS Newsletter. For the full experience, upgrade your subscription. Upgrade to paid LIKE COMMENT RESTACK © 2024 Meryl Nass548 Market Street PMB 72296, San Francisco, CA 94104 Unsubscribe