A Thai political party is campaigning on a promise to, once in power, distribute some $280 (10,000 baht) worth of digital currency to citizens.
But, what Pheu Thai Party has in mind would come with some strings attached that observers say looks a lot like programmable CBDCs (central bank digital currencies.)
The main feature of this type of CBDCs is the use of blockchain and then the programming of expiry deadlines and geolocation-dictated restrictions into it.
Namely, the Thai recipients of such digital money – everybody older than 16 and with a digital wallet app on their phone – would not only have to spend it within six months – but also within a 4-kilometer radius of their residence.
The planned move, as reported by the Bangkok Post, is marketed by the party as an economy-stimulating measure, but also one that will serve as a basis for the digital economy to take hold in Thailand.
In line with this, and the drive to include as many people as possible into this, and similar or related schemes around the world, even those without the app would not be left out in the cold.
They, too, could get their 10,000 baht – “all” that they’d have to do in return is provide their national ID which would allow them to get a “personal code,” reports are saying.
This is not the first time the Pheu Thai Party has tried to shore up political support by introducing this idea – there was a similar push before elections in April, but the party placed second.
And now, “the programmable” digital currency handout is back in the spotlight. It isn’t certain that the party will manage to get its candidate in office, but some observers, like those from the Council on Foreign Relations, are convinced this will be the case.
And it remains to be seen if and how, should that happen, Pheu Thai Party will be able to do make good on the promise, since Thailand’s central bank does not approve of the handout, and has itself not yet introduced a CBDC – although it is testing this type of currency.
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.
