Disclaimer
I personally do not advocate any process or procedure contained in any of my Blogs. Information presented here is not intended to provide legal or lawful advice, nor medical advice, diagnosis, treatment, cure, or prevent any disease. Views expressed are for educational purposes only.
Digital ID Bill passes Parliament - Australia
May 16.24
The Digital ID Bill 2024 and Digital ID (Transitional and Consequential Provisions) Bill 2024 passed in the Senate in March and has now passed the House of Representatives.
This provides certainty for the expansion of the Australian Government Digital ID System and for providers and services to apply to join the Government’s system. An economy-wide Digital ID System will provide many benefits to Australians by improving privacy and security when interacting online.
It will also strengthen the voluntary Accreditation Scheme for Digital ID service providers that wish to demonstrate compliance with best practice privacy, security, proofing and authentication standards, providing Australians with more choice of secure and trusted providers.
The Bills are expected to receive Royal Assent in coming weeks with the Acts expected to commence by November 2024.
From commencement, the Australian Competition and Consumer Commission will be the Digital ID Regulator alongside the Office of the Australian Information Commissioner who will regulate the privacy aspects of Australia’s Digital ID System.
After no more than 2 years, accredited private businesses will be able to apply to join the Australian Government Digital ID System.
Read more about the Digital ID System at digitalidentity.gov.au
Global Banks Telling Us The End Of The Dollar System Is Near
By: Brandon Smith
Excerpts
The Bretton Woods Agreement of 1944 established the framework for the rise of the US dollar and while the benefits are obvious, especially for the banks, there are numerous costs involved. Think of world reserve status as a “deal with the devil” – You get the fame, you get the fortune, you get the hot girlfriend and the sweet car, but one day the devil is coming to collect and when he does he’s going to take EVERYTHING, including your soul.
Bank For International Settlements Unified Ledger
Not more than a day after the IMF announced their XC platform goals, the BIS announced their plans for a unified ledger for all CBDCs called the ‘BIS Universal Ledger.’
While the IMF is focused on international policy control, the BIS is pursuing the technical aspects for the globalization of CBDCs. They make it clear in their white papers that a cashless society is in fact the end game and that digital transactions need to be monitored by a centralized entity in order to keep money “secure.”
Unfortunately, I suspect the time is coming soon for the US and it may be in the form of a brand new Bretton Woods-like system that removes the dollar as world reserve and replaces it with a new digital basket structure. Global banks are essentially admitting to the plan for a complete overhaul of the dollar-based financial world and the creation of a CBDC-centric system built on “unified ledgers.”
There are three major assertions made by the BIS in their program – First, the digitization of money is unavoidable and cash is going to disappear primarily because it makes moving money easier. Second, decentralized payment methods are unacceptable because they are “risky” and only central banks are qualified and “trustworthy” enough to mediate the exchange of money. Third, the use of Unified Ledgers is largely designed to track and trace and even investigate all CBDC transactions, for the public good, of course. Continue at
7 Reasons truth defenders are losing
How to self correct if we are to free ourselves.
https://www.ourgreaterdestiny.ca/p/7-reasons-the-freedom-movement-is
Without prejudice and without recourse
Doreen Agostino
Our Greater Destiny Blog
australia+digital