In a press release earlier this week, the Bank for International Settlements (BIS) announced that it was throwing its weight behind central digital currencies (CBDCs), publishing a blueprint of a future monetary system “underpinned” by this type of money.
And the BIS also heaped praise on the concept of programmable money.
The announcement of the blueprint that’s supposed to represent the foundation of the world’s new financial and monetary system came just a day after reports that the BIS and the Bank of England had completed a CBCD project.
The project – dubbed “Rosalind” – is described as a joint experiment by the BIS Innovation Hub London Center and the Bank of England, that produced 33 API functionalities and looked into over 30 retail CBDC use cases.
And those behind the “experiment” said they were satisfied that it proved an API layer could work “with different private sector applications and central bank ledger designs” – and what’s now needed is standardization of API functionalities to support many use cases.
As for the newly-published BIS blueprint, it came as a special chapter in the organization’s annual economic report, purporting that it was opening the door to “a new era” where the monetary system and the economy would develop together.
Programmable central bank money seems to be taken as the key to make this happen, by creating a single platform for transactions and contracts, thanks to putting together tokenized commercial bank money and assets “on a single platform.”
The BIS will not tell you that this could be seen as yet another move towards dangerous levels of global centralization, but rather explains its ideas as a game-changing new financial infrastructure that would offer a range of benefits.
And in this land of financial rainbows, butterflies, and unicorns, not only will things get done faster and cheaper – but new kinds of transactions will be possible, with the only limit being “the ingenuity of public and private innovators.”
But before we get there, we must accept that tokenization in this context isn’t really any good without access to central bank money, and all the “trust” that comes with it.
The proposal is to turn to what’s referred to as a unified ledger – and it could, the BIS said, “capture the full benefits of tokenization by combining central bank money, tokenized deposits and tokenized assets on a programmable platform.”
Article cross-posted from Reclaim The Net.
Why One Survival Food Company Shines Above the Rest
Let’s be real. “Prepper Food” or “Survival Food” is generally awful. The vast majority of companies that push their cans, bags, or buckets desperately hope that their customers never try them and stick them in the closet or pantry instead. Why? Because if the first time they try them is after the crap hits the fan, they’ll be too shaken to call and complain about the quality.
It’s true. Most long-term storage food is made with the cheapest possible ingredients with limited taste and even less nutritional value. This is why they tout calories so much. Sure, they provide calories but does anyone really want to go into the apocalypse with food their family can’t stand?
This is what prompted the Llewellyns to launch Heaven’s Harvest. They bought survival food from multiple companies and determined they couldn’t imagine being stuck in an extended emergency with such low-quality food. They quickly discovered that freeze drying food for long-term storage doesn’t have to mean sacrificing flavor, consistency, or nutrition.
Their ingredients are all-American. In fact, they’re locally sourced and all-natural! This allows their products to be the highest quality on the market, so good that their customers often break open a bag in a pinch to eat because they want to, not just because they have to due to an emergency.
At Heaven’s Harvest, their only focus is amazing food. They don’t sell bugout bags, solar chargers, or multitools. They have one mission – feeding Americans in times of crisis.
What they DO offer is the ability for people to thrive in times of greatest need. On top of long-term storage food, they offer seeds to help Americans for the truly long-term. They want them to grow their own food if possible which is why they offer only Heirloom, Non-GMO, Non-Hybrid, Open-Pollinated seeds so their customers can build permanent food security on their own property.
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