Dangerous rumours
Holness rips online critics for stoking fears about digital currency
Reacting to rumours and growing suspicion among segments of the society, Prime Minister Andrew Holness yesterday said it was “stupidness” that some Jamaicans and others have recently been criticising the Government over its establishment of new bank notes and a cashless system with digital currency.
Representatives of churches and others have, in recent months, been arguing that the national digital payment infrastructure is part of ‘a new world order’ and have raised their concerns about it.
Holness, while delivering the opening remarks at an Inter-American Development Bank (IDB) Government Digital Transformation in Jamaica event at the AC Marriott Hotel in St Andrew yesterday, took time out to address the issue.
The prime minister, at one point in his presentation, asked to be pardoned from his “departure from calmness”, saying he had to “call it out”.
“There is no mandate to be cashless … . There is no attempt by the Government to remove cash, meaning paper money, from the system. Just stop for one moment,” Holness declared. “Just be rational. Why would the Government spend billions of dollars to change currency to a new durable bank note, that we don’t have to be changing it ever so often, only to turn around and take it out of the system?”
https://jamaica-gleaner.com/article/...gerous-rumours
Holness rips online critics for stoking fears about digital currency
Reacting to rumours and growing suspicion among segments of the society, Prime Minister Andrew Holness yesterday said it was “stupidness” that some Jamaicans and others have recently been criticising the Government over its establishment of new bank notes and a cashless system with digital currency.
Representatives of churches and others have, in recent months, been arguing that the national digital payment infrastructure is part of ‘a new world order’ and have raised their concerns about it.
Holness, while delivering the opening remarks at an Inter-American Development Bank (IDB) Government Digital Transformation in Jamaica event at the AC Marriott Hotel in St Andrew yesterday, took time out to address the issue.
The prime minister, at one point in his presentation, asked to be pardoned from his “departure from calmness”, saying he had to “call it out”.
“There is no mandate to be cashless … . There is no attempt by the Government to remove cash, meaning paper money, from the system. Just stop for one moment,” Holness declared. “Just be rational. Why would the Government spend billions of dollars to change currency to a new durable bank note, that we don’t have to be changing it ever so often, only to turn around and take it out of the system?”
https://jamaica-gleaner.com/article/...gerous-rumours
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