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  1. hpjet

    Economy and Climate Change

    New French Law bans airplane rides that can be done by train in under 2.5 hours. "It's official: France bans short-haul domestic flights in favour of train travel: France's ban on short-haul domestic flights comes into force today (23 May). Under a government decree, any journeys that are...
  2. hpjet

    CBDC - central bank digital currency coming

    England is looking at providing consumer checking accounts through CBDC/digital wallets with a cap of at most 20,000 pounds. Any excess is placed in a "savings account" in regular commercial banks. This may be the system the US may use to administer the CBDC, i.e. FedNow digital wallets act as...
  3. hpjet

    The tenuous petrodollar

    Paper money was first introduced in China as a convenient way for farmers and traders coming to the city to unload their heavy precious metals and receive IOU paper to use for trade. ("Chinese Paper Currency. Paper money was first invented by the Chinese in the 7th century A.D. as a way of...
  4. hpjet

    CBDC - central bank digital currency coming

    An article on programmability of CBDC (https://sites.duke.edu/thefinregblog/2021/09/21/cbdc-how-dangerous-is-programmability/) describe various scenarios that can come about due to its prgrammable nature. Most of these examples are related to glitches in the program that can lead to loss of...
  5. hpjet

    CBDC - central bank digital currency coming

    FedNow app to launch in July 2023: Preparation are underway for the formal launch of FedNow in July. Early adopters will test the system with customers in April and final production validation activities will be conducted for pre-launch prep in June...
  6. hpjet

    QR Code use in China

    Just like Black Mirror, lose points for associating with low score individuals (or even being near them):
  7. hpjet

    Economy and Climate Change

    15 minute cities in China?
  8. hpjet

    coronavirus

    "The immunity generated from an infection was found to be 'at least as high, if not higher' than that provided by two doses of an mRNA vaccine." https://www.nbcnews.com/health/health-news/natural-immunity-protective-covid-vaccine-severe-illness-rcna71027
  9. hpjet

    Controlled demolition of explosives collected from cases that were adjudicated

    OC Sheriff's Hazardous Devices Section conducted controlled demolition of explosives at the Irvine landfill (Boweman) today between 11:30am - 12:30pm. So if you heard loud noises and maybe houses shaking, that's what it was. Not the first time. They did this last June 2022 as well...
  10. hpjet

    Economy and Climate Change

    Oxford, UK - 15 minute cities to combat pollution: Traffic filters (usually a camera that detects license plates) monitor private car movements. Residents are given 100 permits per year (average 2 per week), that allow them to leave their 15 minute city. Anyone leaving the city at prohibited...
  11. hpjet

    California Covid Bills coming up for vote this month

    RE: VACCINE MANDATE FOR SCHOOL CHILDREN Gov. Newsom had planned on enforcing a school vaccine mandate here in California (earliest July 2023). Now they may be scrapping it. (Caution: No official word is out yet.) "California state leaders seem to be quietly closing the door on the Covid-19...
  12. hpjet

    Economy and Climate Change

    See under Appliances: https://ukfires.org/absolute-zero/ Goal: "Gas cookers phased out rapidly in favor of electric..." "U.S. Regulators And State Lawmakers Consider Banning Gas Stoves"...
  13. hpjet

    CBDC - central bank digital currency coming

    "Kazakhstan central bank recommends a phased CBDC rollout between 2023-25 Taking into account the need for technological improvements, infrastructure preparation, development of an operating model and a regulatory framework, it is recommended to ensure a phased implementation over three years.”...
  14. hpjet

    CBDC - central bank digital currency coming

    "Nigeria bans ATM cash withdrawals over $225 a week to force use of CBDC Nigeria has drastically reduced the amount of cash individuals and businesses can withdraw as it attempts to push its “cash-less Nigeria” policy and increase the use of the eNaira — Nigeria’s central bank digital currency...
  15. hpjet

    CBDC - central bank digital currency coming

    "Iran set to freeze bank accounts of women who refuse to wear a hijab The threat from Iranian officials to freeze bank accounts to enforce compliance again highlights the risks of CBDCs and the transition to cashless economies."...
  16. hpjet

    CBDC - central bank digital currency coming

    "Bank of England opens applications for 'proof of concept' CBDC wallet" https://cointelegraph.com/news/bank-of-england-opens-applications-for-proof-of-concept-cbdc-wallet
  17. hpjet

    QR Code use in China

    "In China your phone is your digital wallet, your bank, your COVID passport...you can only get government services from your phone"
  18. hpjet

    QR Code use in China

    Angry protest at China's iphone factory:
  19. hpjet

    CBDC - central bank digital currency coming

    EU says it can have a digital ID wallet by ’24 regardless of challenges "The European Union is preparing for the 2024 release of its digital ID wallet, which would enable EU residents to store digital identity credentials such as national ID, driving license and bank account details. In order...
  20. hpjet

    CBDC - central bank digital currency coming

    NY Fed and banking community to begin 12 week Proof of Concept Project (PoC) for Programmable CBDC: "The 12-week PoC will test a version of the RLN design that operates exclusively in U.S. dollars where commercial banks issue simulated digital money or “tokens” – representing the deposits of...
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