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The main reason I can find for Farage not backing and wanting to stop the Bank of England from generating it's own "Stable Coin" is because in doing so, you would be required to: 1: Hand over all your privacy on usage of the coin because it would be tracked 2: Require Digital ID to purchase and Spend 3: Be able to be removed from you at a moments notice because you would be forced to use a "UK Government" created wallet 4: Be restricted to only "Government Approved" merchants 5: Be Linked to the value of the Euro not the pound because the EU wouldn't allow a "Britcoin" to be used in the EU without it being linked to the price of the Euro. I am sorry but the whole reason behind Crypto is to be away from the central banks, the governments over reach and spying, the ability to obtain it without purchasing and many other things. I would not trust the UK Government no matter which party it was with control over that, I don't even trust them with my money as it is but have practically no choice but to allow them to see into my bank, what I am spending money on etc just like every other person in this country. Sorry but Farage is right to not want a Britcoin, but if he tries to push Tether as a coin for the UK, he will be wrong for that, the same if they tried to push XRP and others. |
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It's not difficult to trace a Crypto transaction after all, when you move funds, each time you do it, there is an entry to a ledger, it doesn't matter who own's the currency etc there is just a transaction ID linked to the funds from "Wallet A to Wallet B" and all you need to know is one end of that Transaction and you have the whole trail. Crypto get's used for all sorts of things, yes bad things, some very very very bad things, but those sorts of things also get purchased with real cash, bank transfers, jewels etc, it can always be traced, unless you are using something like "Uncut raw diamonds" and other stones/gems which makes it more difficult but still not impossible to someone with the ability to trace them via minerals etc in the stones. People give Crypto a hard time because they don't understand or don't like it because Governments cannot control it as easily or typically as easy as they can with cash and other forms of currency. My only issue with Crypto is the volatility of the price, with the likes of Bitcoin hitting over $100k per coin and now down at what $80k a coin??, imagine buying 100 coins at $90k each and losing $10k on each, and with the way the Governments of the world are going, it's going to go down even further because of Net "let's destroy the global economies" Zero. This is why when/if I ever manage to find a company willing to give me a job with permanent home working due to medical issues and caring responsibilities, I will start buying £100 worth of Gold every month because when the Governments cripple the economies which is going to happen and cash become worthless which is going to happen, I will have something that will be worth something. |
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Crypto tends to go up & down at the behest of Musk and his crypto mates.
It's like buying shares, you never know when some big business mogul is going to shaft you ;) |
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No more strikes after junior doctors accept pay offer
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they'll be back, now i guess the rest of the nhs will want a pay rise
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I want a pay rise as well, 6.6% would do nicely.
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It's a crying shame that us pensioners don't have a Union :D
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You do. It's called a lemon party. :D
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I was less elderly in the 2000s! |
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Thanks for clearing that up Seph, I shall endeavor to avoid any links that appear mentioning Lemon Parties.
I shall also have at the back of my mind, some serious reservations about what thenry does in his spare time :D |
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It was commonly passed around msn messenger in those early 2000 years :LOL:
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Don't worry they will be back out on strike in a few weeks, the Union fraudsters will not be happy with the extra £2 a month they are going to charge and will want more, so will demand the doctors get more and they will just keep doing it, till a junior doctors starting salary is £100k a year.
This is what happens when you have a spineless government controlled by Unions! |
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don't you just love the way starmer does the wrong thing and says it's the right thing to do then u turns
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Didn't you just love seeing Starmer fight his tears?
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PMQs - PMQs. |
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World cup football fans have him nailed. |
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If Trump says something correct (and derogatory) about Starmer, we can value it.
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Words by an otherwise bad egg? YES. |
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Immigration, including small boats, is down by quite a bit now? Not really sure Burnham will be able to do much more.
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https://www.cableforum.uk/board/atta...7&d=1782847014 |
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Those stashed guns in the Iranian Embassy basement are waiting. |
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Comedy move by Sir Keir to gift Andy a £4.7bn hole in the transfer of our wealth to the military industrial complex.
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NATO combined military spending is over $1.5 trillion. Eclipsing that of China, Russia, Iran and North Korea combined. Another £5bn here or there is won’t touch the sides of the underlying problem. The military industrial complex has no incentive to drive efficiencies if everyone just writes it a blank cheque. |
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There’s nothing else that would have prevented it from working as far as I know. It’s always a good idea to amend or end existing legislation that gets in the way of proposed changes a government wants to make. ---------- Post added at 16:33 ---------- Previous post was at 16:31 ---------- Quote:
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As I posted slightly later in this thread Quote:
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how many small boat migrants have been deported?
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Oh dear, despite it being a lazy trope that the left of the Labour Party were being influenced by Russia it turns out the disgraced former Lord Peter Mandelson was a “privileged contact” of Russian spies. :rofl:
Sir Kier - forensic Between Boris and his links to the Lord Lebedev and who knows who funded Nigel’s 5 houses bought with cash it’s quite probable the only place without Russian interference in British politics was the Labour left. https://www.agcc.co.uk/news-article/...contact-by-kgb |
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Maybe the only interference-free place was the Liberal Democrats? |
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Much the same as the UK will have files on all the main players in most countries :PP: |
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A world of difference between having a file, or having them as a valued asset. Or on payroll via guest appearances on RT. |
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people are only a 'valued asset' until they're not . . . and subsequently desire a move to a ground floor flat ;)
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The thing is every party compromised in some way or another, doesn't matter which party it is, they are compromised, Conservatives by Russia apparently, Labour by Russia, China, India and the Unions, the Lib Dem's by the EU, Reform by Russia and China, Restore Britain by Hungary and Poland and finally the SNP by themselves and the EU. Politics in this country is a mess, it will never get better and will only ever get worse, especially when we have a party in charge who are willing to remove freedoms in order to maintain control and are trying to ban any form of competition, by controlling what information can be seen by anyone. |
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His last pmq today. Anyway this is too close for comfort
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The lectern is out at #10.
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---------- Post added at 11:22 ---------- Previous post was at 10:55 ---------- Starmer surrounded by his supporters a combined IQ of about 7 good bloody riddance |
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Nob 2 is in waiting. |
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Come on now Papa, Starmer gave us some really good times on here :D
He also managed to unite the Country, although not in the way he intended. That Burnham chap also has ideas to unite the country, although a few rolls of duct tape, 6 tubes of 'no nails', and a cheap bus service to Crewe might not be enough ;) |
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Since hes now officially gone, I think we can close this one.
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