Bullboard - Stock Discussion Forum Veren Inc T.VRN

Alternate Symbol(s): VRN

Energy Oil & Gas E&P

Veren Inc., formerly Crescent Point Energy Corp., is a Canada-based oil and gas exploration company. The Company is engaged in the business of acquiring, developing and holding interests in petroleum and natural gas properties and assets. Its crude oil and natural gas properties and related assets are located in the provinces of Saskatchewan, Alberta and the United States. Its operating areas... see more

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TSX:VRN - Post Discussion

Veren Inc > Central Banks Digital Currency (CBDC)

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Post by Dogsbreakfast4U on Jan 04, 2021 10:54am

Central Banks Digital Currency (CBDC)

One of the benefit of the magic virus for central bankers and govenrments is the acceleration of their plan to institute a CBDC which will afford them increased control of the population. In Canada the Central Bank indicates that they will consider issuing such currency in one of two scenarios, one of them being if:

"the use of bank notes were to continue to decline to a point where Canadians no longer had the option of using them for a wide range of transactions".

Funny how the magic virus has been and continues to be useful in that regard.

Contingency Planning for a Central Bank Digital Currency - Bank of Canada

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