It’s time to give our InLeo front end another try, assuming the issues have been corrected since last November. My previous experience was literally a painful one as I had to constantly fight the Parkinson’s stiffness that is prevalent in my right arm and my range of motion limited. I found it difficult navigating and click accurately with the loss of over 50% of my fine motor skills let alone deal with all the work arounds to get to where I needed to be. Since then, PeakD is more Intuitive and ergonomically efficient for me.
“Black birds tend to like shiny things.” ~ The Bloody Raven.
After an invite to post on InLeo again from @thetimetravelerz’s comment
and @nomadsoul’s comment I promised to try. For the last week I felt apprehensive about posting and curating using this front end again. There is this unpleasant visceral feeling. My mind kept putting this trial off from memories of long tortuous searches for friends and posts I could not find and the endless scrolling leaving my right arm, hand and fingers very sore by the end of the evening. I tried. It wasn’t worth it for the little Leo I got. Will it be better this time?
On to the Financial Post article.
I finally got to dig into this November 29th, 2023 Financial post article by Nojoud Al Mallees of the Canadian Press stating that,
Vast majority of respondents don't trust the central bank to issue a secure digital currency.
The central bank released its findings Wednesday that show more than 80 per cent of respondents strongly opposed the Bank of Canada researching and building the capability to issue a digital dollar. The vast majority of respondents also said they do not trust the Bank of Canada to issue a secure digital currency.
The survey of respondents was voluntary, self-selected Implying that the participants were already familiar with Crypto currencies or having a stake in it in some form. Therefore the participant population may be skewed to stake holders in this asset class rather than a statistically random survey model. I’m sure the Prime minister will reject this result as not truly representative opinion of the broad public. Then again, does he really listen from the public? He sure loves it when Klaus whispers Justin Trudaeu's name..
The survey cites that Privacy as the largest concern of participants and the low level of trust in the institutions in protecting personal information.
Justin Trudeau’s blatant disregard over the rights of the Trucker protesters and their supporters with the freezing of Bank accounts under the poor application of the Emergencies Act laid bare his true nature using this ‘crisis’ as a pretext to also attack the Crypto market. The freezing of bank accounts have caused damage so repercussions will be coming in the form of legal suits. And the freezing of Crypto wallets … we can say there was nothing he could do about that, showing his glaring misunderstanding of Blockchain technology, except ideologically justification for throwing Binance under the legislative bus.
The Bank of Canada’s other CBDC named Project Jasper has been under development since 2020. A distributed Wholesale Payment System geared for international settlements. The ‘CBDC’ Retail Payment system which would be considered for public use is at a stage where they need to test the waters of public opinion before proceeding further.
Most Canadians and businesses currently have multiple payment and transaction solutions so adoption of CBDCs will be seen as not needed until something bad happens and hopefully there will enough time to us to warn the public at large of the dark side of CBDCs.
As I read the Reader’s comments of the articles discussed the fate of the Retail version of Canada’s digital Loonie CBDC is inextricably tied to the Truckers Protest. And the unreasonable over reaction of the Liberal government before the facts were established.
For now I celebrate with the Trucker’s Freedom Convoy for their victory but it is a small one that the bigger prize is Freedom of Speech for Canadians as there will be pieces of legislation designed to jail citizens even for Speaking well of the oil industry if not going against the official narrative.
But moving back to the Canadian retail digital loonie …
The article further states that the Bank of Canada says that the decision to create a digital Loonie is for Parliament to make. And “…If Canadians decide a digital dollar is necessary, our obligation is to be ready.” And I’m sure they have it ready to go come a reset.
Conservative Leader Pierre Poilievre has vehemently opposed the creation of a digital currency, proposing last year to ban the Bank of Canada from creating one. At the same time, he has previously promoted the use of cryptocurrencies and suggested it offered Canadians a way to opt out of inflation, though he has shifted away from the topic more recently.
Conservative leader Pierre Poilievre, I’ll have to keep an eye on him, I’m not convinced that he is not totally on the anti-CBDC side. And may just be another Actor following the Drama Teacher.
With the big L slapped on Justin Trudeau’s Liberal Government, they are filing an appeal to the recent court’s decision. Want do you think he will do next to the Canadian Crypto Market?
a) Continue to bash Cryptos as a tool only used by Terrorists.
b) Continue to be Klaus Schwab’s pet.
c) Claim that Digital Loonie critics are ‘Misinformed’ and need DEI re-education then go ahead with his plan.
d) Claim the Digital Loonie will save us from Climate change.
e) All of the above.
f) Other, please comment below.
Now for my #silvergoldstackers friends...
I took a chance at picking up this Westminster Mint 5 Troy oz. silver bar. My question is would this be considered a vintage bar?
There is a Westminster Mint website featuring a slightly different bar sporting an updated logo and a Lion/Leo figure on the Reverse on both the 5 Troy oz. bar and 5 Troy oz bars. Unfortunately, the website doesn't have an archived page of their old products. And a search revealed one YouTube video and one Bar posted on Ebay.
I was advised that original the plastic film around old bars should be left alone as they tend to get a better price. But this beat up leaky plastic is bugging me and I want to take it off. It's hard to get good photos with it in the way!
The #piratesunday tag is the scurvy scheme of Captain @stokjockey for #silvergoldstackers pirates to proudly showcase their shiny booty and plunder for all to see. Landlubbers arrrh… welcomed to participate and be a Pirate at heart so open yer treasure chests an’ show us what booty yea got!
References
Financial Post; Bank of Canada survey respondents largely oppose creating a digital Loonie. Read the comments, the word vehement is putting it lightly.
Financial Post; Do you want a Digital Loonie? The BOC wants to know. Again, I got a kick reading the comments after this Financial Post article.
My own pictures shot with an ancient 2018 Samsung SM-A530W
P. Image under Pixabay
W. Wiki Commons
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