Nel solo 2021 over 1000 cases in which bank customers wanted to pay off their debts with the “scriptural currency”, resulting from accounting records, following phantom “monetary bodies” on the web that suggest issuing money at home”
Nel solo 2021 are 1.020 the reports that the Bank of Italy has received (continuously increasing since 2017), with which companies and private citizens declare to pay off their debts with banks, Public Administration and various suppliers “creating scriptural money”.
After the first official press release issued by Banca d'Italia, right in 2017, we arrived at the third public notice with which it highlights that the only currency with the power to pay off cash bonds is that created by central banks, Banks and other Entities authorized to provide payment services.
These are the points of attention for citizens:
- There is no authorization from the Supervisory Authorities;
- The creation of “scriptural currency” by individual citizens is not permitted by any national or international law;
- payment via “scriptural currency” thus created it has no validity;
- the illegal issuance of electronic money and the illegal provision of payment services constitute a crime.
Alex Gaetani
Main:
The scriptural currency that does not exist: negative consequences and risks for citizens
Creation of scriptural money by citizens
Risks for citizens – Infographic