We are about 5 years away from the Federal Reserve rolling out digital currency. All of the money in bank accounts will be converted to government issued digital dollars. All transactions will be electronic. The government through the Federal Reserve will be able to freeze your accounts on a moment’s notice. Cash will become obsolete.
A future Democrat administration will be able to prevent citizens from giving money to unapproved charities or use money to buy firearms. Social credit scores will ultimately follow as well as wealth confiscation.
No cash allowed?
If that’s the goal in five years, ending the minting of the penny will in retrospect look like a camel’s nose under the tent (Overton Window shifting).
Yep, that’s why it bothers me that Trump is so very pro-crypto. He is accelerating the inevitable,,,,,a cashless society where the government has a trail of every single transaction you ever make!
That scenario is almost as scary as a mass murder, but right you are. The Euroweenies have already put in a few metrics for testing, the Chicoms have been testing for years.
I heard something on a podcast a number of days ago that mirrors this, the feds already print digital money anyway and inflation will continue to rise as long as we are alive or our country collapses first. Our congress is largely to blame because they only do two things, spend and spend.
Correct. And we will be in some intersection of the hellscapes of Brave New World, Fahrenheit 451, THX1138 and Red Barchetta.