Free Republic

In what is most likely the latest push toward the creation of a New World Order, the US government has joined with other world governments and international organizations to accelerate the development and implementation of digital IDs.

The war on cash’s endgame is here: money replaced by vouchers subject to complete state control. For those who have never heard of them, “Central Bank Digital Currencies” (CBDCs) are exactly what they sound like, digitized versions of the pound/dollar/euro etc. issued by central banks. Like bitcoin (and other crypto), the CBDC would be entirely digital, thus furthering the ongoing war on cash. However, unlike crypto, it would not have any encryption preserving anonymity. In fact, it would be totally the reverse, potentially ending the very idea of financial privacy. The countries where the idea progressed the furthest are China...

The National Interest Issue Date: Winter 2003/04, Posted On: 12/12/2003 Networking Nation-States James C. Bennett The early 20th century was filled with predictions that the airplane, the automobile or the assembly line had made parliamentary democracy, market economies, jury trials and bills of rights irrelevant, obsolete and harmful. Today's scientific-technological revolutions (epitomized by space shuttles and the Internet) make the technologies of the early 20th century-its fabric-winged biplanes, Tin Lizzies and "Modern Times" gearwheel factories-look like quaint relics. Yet all of the "obsolete" institutions derided by the modernists of that day thrive and strengthen. The true surprise of the scientific revolutions ahead is...