The old story -- whether true or not, I have no idea -- is that the English in the Nigerian scam emails is deliberately bad, so as to weed out those who are too alert to fall for this obvious scam. It seems Peter of England is doing the same thing, only in his videos, not his emails (not that they are much better).
He just published a video of his WeRe "bank card" on YouTube:
But -- whether deliberately or not -- as the Quatloos! posters found out within a few hours (all the images below from the Quatloos! thread here), his "card reader" is in fact an off-the-shelf machine from a company called "onliner" that uses a key fob (keychain-held activator) for financial transactions of various sorts, apparently as a sort of credit-card-on-key:
What is more, Peter can be seen palming just such a key fob in the video in which he claims the machine in the video is "reading" his WeRe card:
How do we know for sure it's the key fob, and not the WeRe "bank" "card", that is activating the "card reader"? Well, quite apart form the fact that the machine Peter is using is not a card reader but one intended to be activated by key fobs, the WeRe "card" has a different name on it, the machine "reading" the card shows the name Martina Stein -- which is the default name used as a "demo" by the key fob reading machine on their own web site -- as also seen in the image above.
Not that someone would expect a card from a "bank" that, according to Peter himself, uses magical "energy units" and that presenting a check for payment in Re "currency" automatically will pay the debts because "of the law of conservation of energy" to actually work. But one would expect some more effort.
Here is a youtube video that explains the entire fake in detail:
Ah well. I suppose his idea is that if you watch that video and actually think his card works, you are ripe for the taking.