Many people are willing to sacrifice privacy for “convenience” and are too myopic to understand what a world without cash would look like in the long run. It’s truly game over for any level of privacy and freedom in society. Everything will be tracked and I have no faith that any due process will exist when government wants to pull levers on citizens who will be like puppets.
I would contend that the idea to depreciate the value of cash vs. digital currency would backfire as cash would be in huge demand and trade at a premium
Mar 23, 2023·edited Mar 23, 2023Liked by Rudy Havenstein
Bonus of spending in cash is added upside value prop of digging through the change for the elusive 90% (copper pennies too!) current strategy is spend minimum to keep tradelines open while moving as close as possible to 100% cash payments across the board. Good luck team!
Many people are willing to sacrifice privacy for “convenience” and are too myopic to understand what a world without cash would look like in the long run. It’s truly game over for any level of privacy and freedom in society. Everything will be tracked and I have no faith that any due process will exist when government wants to pull levers on citizens who will be like puppets.
Truly frightening.
With preface:
The Fed Proposes A 4th Function Of Money: Means Of Social Control
https://www.2ndsmartestguyintheworld.com/p/the-fed-proposes-a-4th-function-of
Spot on
I love how everything they want is always treated as inevitable progress and the only matter ever up for consideration is whether “it’s time.”
Your substack will be read in 100 years like the prophecies of Nostradamus.
"Truly frightening" is appropriate
Well there ARE a few things going on
1) Sen. Cruz introduced a bill about DBCS
2) Rep Emmer introduced one too
3) DeSantis has a proposal to "just say no"
At least, it seems SOME are willing to step up just wish there were more.
Check out qortal.org white paper
I would contend that the idea to depreciate the value of cash vs. digital currency would backfire as cash would be in huge demand and trade at a premium
Bonus of spending in cash is added upside value prop of digging through the change for the elusive 90% (copper pennies too!) current strategy is spend minimum to keep tradelines open while moving as close as possible to 100% cash payments across the board. Good luck team!
Bravo!
Call it what it is: digital slavery.