Peter's video
WeRe Bank News Update today doesn't say much. The website, PayPal and personal bank account have all been taken down.
Peter wrote:The good news is, we always knew it was going to happen but, like everything, we didn't know quite when it was going to happen. So, now that it's happened, that's quite excellent because it forces us or moves us quite naturally to a hiatus to a second stage or phase that was planned for next.
The new web site will have no payment facility. There will be some other method for paying.
People will be required to register on the website. Perhaps this means information will not be publicly available.
Peter wrote:All cheques that you have sent out, on our side have been cleared. Some of the banks have come along and said that we have refused to clear. That's just pure lying and pure laziness or pure reluctance to accept the inevitable fact that their days as monopolist controlling elite of the bank of the banking system globally and particularly within the UK are over and finished.
Peter should know that "clearing a cheque" means actually paying the amount written on the cheque. Peter has always said he won't do this. (I wonder whether his new website will make this clear?) Clearing doesn't mean merely saying over the phone that funds are available or anything less than actually paying, which he won't do.
Peter wrote:The bottom line is that these people in the legal profession [in banks] when it comes to banking and financial instruments know as much about that as a lollipop lady outside your school.
The new webite will include a FAQ for the banks themselves:
Peter wrote:... where you can educate yourself and start to learn how to clear your own products, and we'll also put some educational videos on there for you to follow so you don't have to have your head spinning faster than that cheap Raleigh bicycle that you cycle to work on Monday to Friday.
I suppose that banker's FAQ will be based on Peter's total misunderstanding of BoE 1882 etc.