As CBDCs Roll-Out, Elite-Backed Digital Payment Systems Vie to Build the “Global Payment Standard”

As Central Bank Digital Currency (CBDC) pilots proliferate, a myriad of elite-gilded and blockchain-powered digital payment networks are vying for their technologies and payment systems to be incorporated in the developing digital currency infrastructures of tomorrow. Their end game? A digital financial grid prime for abuse.

by Stavroula Pabst
Unlimited Hangout

Idris Elba stars in a promotional video for Stellar’s “Real World” campaign, where he touts Stellar’s more “equitable” vision of finance, a future where opportunities are “borderless.”

“If ideas are borderless, opportunities should be too,” A-list actor Idris Elba recently exclaimed in a video for cryptocurrency player Stellar’s “Real World” campaign.

In the elaborate promotional video featuring Elba, traditional currencies are portrayed as unreliable and especially detrimental to marginalized people. An immigrant, working class-coded woman in the video asks, “I can send money to my family, but how much will arrive?” Meanwhile, an older man counting his paper monies in the video says “[t]he more I save, the more I feel unsafe.”

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