In April, leading cryptocurrency exchange KuCoin noted that 35% of the adult population in Nigeria – roughly 34 million adults aged 18-60, own bitcoin or other cryptocurrencies. But when it came to the country’s Central Bank Digital Currency (CBDC), the eNaira, it was a massive failure.
According to Bloomberg, only 1 in 200 Nigerians use the eNaira – despite government implemented discounts and other incentives, implemented as desperate measures to increase adoption.
Now, the government is looking to boost digital payments by limiting ATM withdrawals to just 20,000 naira, or roughly US$45 per day, Bloomberg reports, citing a circular sent to lenders on Tuesday. The previous withdrawal limit was 150,000 naira (US$350).
Weekly cash withdrawals from banks are now limited (without fee) to 100,000 naira (US$225) for individuals, and 500,000 naira (US$1,125) for corporations. Any amount above this will incur a fee of 5% and 10% respectively.
The action is the latest in a string of central bank orders aimed at limiting the use of cash and expand digital currencies to help improve access to banking. In Nigeria’s largely informal economy, cash outside banks represents 85% of currency in circulation and almost 40 million adults are without a bank account.
The central bank last month announced plans to issue redesigned high value notes from mid-December to mop up excess cash and it’s given residents until the end of January to turn in their old notes. The bank also plans to mint more of the eNaira digital currency, which was launched last year but has faced slow adoption. -Bloomberg
(I don’t know this source. But from what I am hearing from my own contacts connected to Brazil, there is indeed a serious military operation underway, and it appears to be about fighting communists, and those communists appear to be behind the rigged election and attempt to install Lula, who nearly destroyed Brazil when he was last president)
The corrupt Brazilian Supreme Court has again moved up the certification of the steal, proclaiming convicted Communist criminal Lula da Silva President overnight, angering patriots and accelerating the push for a military takeover. The Military has called for volunteers to help restore democracy in Brazil. Leftist Journalist Glenn Greenwald criticized Supreme Court censorship of elected representatives and journalists.
The Superior Electoral Court (TSE) was originally scheduled to confirm the steal Dec. 19, but moved up the date one week in the face of military preparations to protect Brazil from the coup under Article 142 of the Constitution. In a desperate move, TSE chair and Chief Justice Alexandre de Moraes yesterday proclaimed Luiz Inácio Lula da Silva and Geraldo Alckmin and elected to the positions of president and vice president of the Republic on Tuesday (12/6).
Speaking to Steve Bannon on War Room, Matt Tyrmand said “military (is) being strategically deployed, reservists are being activated” and “the military is already active in the favelas, in the places where Lula’s base is strongest, criminals and drug traffickers. Remember election nght, when he ‘won’, you could hear the cheers from the prisons… There are rumors Venezuela has shipped in paramilitary operators into the favelas, so they’ll come down from the hills should this go kinetic and engage with the military.”
3. The following video is a nearly 2 hour documentary on the Freedom Convoy. Personally, I have not seen more than a few minutes of it yet, but those few minutes are excellent so I am posting sight-unseen.
One of the reasons is because of the vast amount of disinformation about the Freedom Convoy, and the dedicated attempt to smear and reframe it as something very different than it actually was by far left wing extremist activists such as civil service unions (who have way too much access to, and influence of, civil servants) and are connected to violent extremist groups bent on destroying classical thought itself. On one occasion, a group of leftist radicals imprisoned a large number of trucks on Riverside Drive. where they flagged the area with Canadian Civil Service Union symbols and refused to let them leave unless they removed all flags and symbols of the protest, including Canadian flags, and marched them away from the area they controlled surrounding the driver and passengers with threats and intimidation and insults.
I even got a phone call once explaining that high level Canadian security had determined that this convoy was financed by Russia. An assertion that turned out to be entirely untrue. Not that it would have mattered much, the issue was the issue and it was an important one. But it was entirely grass-roots funded via crowd funding websites. Money it appears left wing groups want to claim for themselves.
At the end of the day, the only tactic that can and will work is something like the Freedom Convoy with a larger scale. We saw this work in Egypt twice in a year. When the people get fed up enough, they shut the country down, and the army sides with the people, because the army are of the people. (this may be why dictators want to use foreign troops to control their subjects. And why Saul Alinsky told the MAFIA group he worked for as an accountant to hire outside hit men in order to murder his own people more efficiently and for cheap) We are seeing this now in Brazil when even the Amer-Indians there got fed up with an obviously fraudulent election and are rebelling in numbers. From taking over the legislature to the hotel where Lula the Usurper is staying. The army appears to be at war with the communists in the one way they know they can win. Actual kinetics.
So this may explain why the extreme measures against the peaceful and dedicated Freedom Convoy in Ottawa. Because it is the one tactic that can work. And Brazil is duplicating it times a thousand. And why it is important to know the real story and pass that story on.
4. A 34 minute Viva Frei video on Jeremy McKenzie. The man jailed and occasionally in Solitary Confinement for creating a joke nation called “Diagalon”. This is an important interview for those trying to understand what it means to live in a communist country. Words mean what the Party need them to mean, so they can do whatever they want based on that definition. Words like Terrorist, vaccine, Pandemic, all get redefined in order to increase exponentially state power, while eliminating legal and constitutional impediments to unlimited state power.
(NOTE: The oath doctors take has been changed. They now offer several versions. Doctors can take the original Hippocratic Oath, but chances are they would be facing the College if they tried to obey it, as “first do no harm” would mean breaking lots of whatever is in the space between regulations and laws. It would mean they couldn’t do late term abortions, or kill people even if they had been talked into being killed.)
Perversely , across Canada and in much of the world, the most ethical and scientifically accurate medical doctors are under attack from medical regulators. The medical regulators have become enforcement tools of the criminal covid enterprise. Wayne Peter’s recently interviewed Attorney Michael Alexander, Dr Crystal Luchkiw, Dr Patrick Phillips, and myself Dr Mark Trozzi. We are three of the approximately 100 Ontario doctors who are currently being unlawfully persecuted for maintaining our oaths and morals during the covid era. We are taking a stand against the abuse of Ontarians and our physicians, by the unlawful and weaponized College of Physicians and Surgeons of Ontario.
Regarding this Interview, Wayne Peters wrote:
There is a very high profile Medical Tribunal under way, sadly its intent is to punish 3 highly recognized and credible MD’s for practising good morals, ethics, and treatments.
Michael Alexander, counsel for Drs. Mark Trozzi, Patrick Phillips and Crystal Luchkiw as well as all of the Doctors will be joining us to inform as many folks as they can reach about this pivotal case discussing the state of “Medical Disorder” in Canada.
Thank you all for your kind attention to this site and our attempt to understand the nature of these issues, and their potential implications for all of us.