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So far Bob has created 222 blog entries.

UK is the Eurozone’s dumping ground – by Professor David Blake

Published on 22 April 2020

I am delighted to feature the recent paper by Professor David Blake entitled “UK is the Eurozone’s dumping ground”.

You can download it here

David and I, with Barney Reynolds, were co-authors of the recently published book “Managing Euro Risk”, issued through Politeia.

David has built on the book to prove how the Euro […]

The anti-cash lobby – Migrant Remittances and COVID-19

Published on 12 April 2020

While the anti-cash lobby are busy like performing seals applauding the supposed shift to digital payment means that COVID-19 will usher in, a concern that has gone under the radar is that it must be possible, during the pandemic, for remittances to flow, and quickly, and without massive fee deductions, from […]

The anti-cash lobby – Migrant Remittances

Recent extent of spread of COVID-19

Published on 11 April 2020

Migrant Remittances are associated with Money Services Businesses (“MSBs”), where the migrant in question delivers cover for the payment order in cash, and the MSB transfers the proceeds to the beneficiary, typically friends and family in the country that is home to the counterpart community of […]

The anti-cash lobby – national or international authorities as fellow travellers

Published on 10 April 2020

In a previous blog I cited, as fellow travellers of the anti-cash lobby, national or international authorities charged with enabling the meeting of UN Development Goals, and accepting that the way these will be met is through Fintech, rather than on the back of cash.

A prime example of such a national […]

The anti-cash lobby – frontrunners, fellow travellers or “useful idiots”?

Published on 9 April 2020

A taxonomy of the anti-cash lobby is not taxing.

First we have the frontrunners, dissing cash as part of a pump-and-dump strategy to make their own offerings fly commercially:

Crypto (but don’t mention eco to them: a single crypto
transaction consumes the same electricity as Bridlington does in a year)Fintechs proposing their digital or […]

The anti-cash lobby – principals

Published on 8 April 2020

It must be absolutely obvious who are the principals in the campaign to eliminate cash – it’s the card issuers and the card brands. Both have serious financial interests in play.

In the UK the major banks have reduced their branch networks and with it their ATM estates – to cut costs. […]

Leaving your creditors to whistle in the wind – and an £88,000 chunder…

Report on the trial of the miscreant Richard Towne – “the Zeeland Sands Chunderer”

Published on 2 April 2020

We have done four previous blogs about the punishment of economic crime as recorded in the Old Bailey archives and particularly for the period when we have the “Ordinary’s Account” of the resulting executions.

Now we should move on […]

Uttering a forged Bill of Exchange or Promissory Note – it could prove fatal

Extract from “Ordinary’s Account” of executions at the Tyburn on 23rd March 1752

Published on 31 March 2020

We have recently published three blogs about economic crime in the modern day and its equivalents in the Old Bailey archives, with special references to the “Ordinary’s Accounts”: the Newgate prison chaplain’s narrative about each condemned […]

Bit/Stablecoin exchanges – are they “uttering”, passing clipped or counterfeit money?

The heinous crime of Thomas Wood…but he did not get to face the drop.

Published on 26 March 2020

We have previously examined the archives of Old Bailey proceedings for precedent offences to those of issuing Stablecoin (“coin clipping”) and issuing Bitcoin (“uttering counterfeit currency”).

To close the loop we need to take a position on the running
of […]

Bitcoin – is it “Uttering”, which is creating and/or passing counterfeit currency?

The chaplain’s account of the demise of divers traiterous malefactors

Published on 24 March 2020

The archives of Old Bailey proceedings are detailed in their coverage of offences to do with the Coin of the Realm, and infringements thereof.

In a previous blog we explored whether Stablecoin was an
example of “coin clipping” because, although supposedly backed by fiat
currency, […]