(Infowars) Bill Gates is now promoting "digital currency" in third-world countries, which will make the poor even more dependent on central banks while also turning them into guinea pigs for the development of a "cashless society" in the U.S. and Europe.
Gates outlined his plan for a cashless society in a letter published Thursday in which he proposed the poor have better access to mobile phones so they can store their financial assets digitally instead of keeping hard currency at home.
"The key to this will be mobile phones," he wrote. "Already, in the developing countries with the right regulatory framework, people are storing money digitally on their phones and using their phones to make purchases, as if they were debit cards."
"By 2030, two billion people who don't have a bank account today will be storing money and making payment with their phones."...
- Inside Mastercard's Innovation Labs • Fast Company
- 3 Takeaways From the Gates Annual Letter • Chronicle of Philanthropy
- Elon Musk's Plan to Build a Space Internet • BPB
- Nordic countries point way to cashless future as US struggles with chip-and-pin • The Guardian
- The Cutting Edge of Mobile Payment Isn't Where You Think • PYMNTS.com
- Firms jostle for space in Kenya's expanding cashless platforms • Daily Nation
- Bill Gates aims to fix global banking • CNBC
