December 10, 2023 4:02 pm

EU Digital ID framework introduced, digital currency expected ‘soon’

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PETITION: Stop Digital ID

The proposed implementation of digital ID systems by governments around the world has sparked much controversy and concern among citizens. These new systems would grant access to all personal information, including the ability to monitor an individual’s whereabouts. As a result, a petition has been launched to put a stop to these digital ID systems, with the goal of obtaining 50,000 signatures and the current number of signatures standing at 36,424.

The European Union (EU) and its member states have already agreed on a digital ID framework, with plans for the integration of digital currencies as well. EU Commissioner for Internal Market Thierry Breton has stated that the integration of digital currencies should follow, reaffirming a commitment made in May 2022 to roll out a digital euro by 2026. This move has raised concerns about the potential invasion of privacy and surveillance by governments, as well as the impact on individual freedoms and rights.

The World Economic Forum (WEF) released a document on digital currencies in November 2021, which indicated that central bankers, including those in China, were considering the adoption of a central bank digital currency. However, concerns have been raised about the potential for misuse and abuse of such digital currencies, with examples cited of how China’s social credit system could be linked to digital currencies to fine or penalize citizens for undesirable behavior.

In addition, 300 scientists and security experts have urged the EU to reconsider its digital ID scheme, citing insufficient technological safeguards for citizens and businesses. The issue of privacy and control has also been raised, with fears that a digital currency could allow governments to monitor and control individual transactions in ways that are not currently possible with traditional currency.

Opponents of digital currencies, including People’s Party leader Maxime Bernier, have expressed concerns about the potential for government control and intrusion into people’s financial and personal lives. Bernier has pointed to incidents such as the freezing of bank accounts during the Freedom Convoy protests in Canada as examples of how governments could abuse the power granted by digital currencies.

With these concerns in mind, the petition to stop digital ID systems aims to raise awareness about the potential risks and implications of these new technologies. It seeks to mobilize public support in order to protect individual privacy, security, and freedom from government surveillance and control. As the petition continues to gather signatures, it signals a growing public demand for transparency, accountability, and responsible governance in the age of digital technology.

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Original Source: EU Digital ID framework introduced, digital currency expected ‘soon’

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