Oh, here’s a nice one, if the meaning of “nice” includes having the State’s Big Dick shoved up your ass in real time:
Government Will Track Every Dime You Spend
- Under this new digital currency, any transfer of funds to family, friends, charities, or clients would be able to be tracked by the nation’s central bank that issued this virtual money. Big Brother will be in your wallet every hour or every day. You will not be able to buy a stick of gum without a Federal Reserve computer knowing where, when, and to whom you just put down a buck.
- We should be rightfully concerned about inflation, energy independence, aggressor nations armed with nuclear weapons, and woke public policies that denigrate the very foundation of this great country. But these are jabs compared to the enormous destructive power of a digital currency “option” slipped into Executive Order 14067.
Read the whole article to get a full flavor of this bastardy.
And by Executive Order, not through law voted on by Congress. My suggestions:
We are already there – just without the order to let the goverment track everything.
So what percentage of your transaction’s do you currently do with your debit/credit card and what % do you do in cash? I’m guessing maybe 2 % in cash? All the rest is currently digital now.
…. and the last time, I did everything in cash was in the late 60’s at my first job at a machine tool company where everyone got a weekly envelope of cash.
But the good news, is that they still have no capability to handle / sort though the massive amount of data that would produce so that they could turn it into actionable infornation. The Breaucarts would want to turn it into paper records.
I still see some people at Costco or wallyworld pay the cashier in cash but they tend to be peole stocking thier convience stores based on the contents of thier carts.
you make great points about how many of our transactions are cash versus credit car. Even if you pay off your credit card each month, there is still a third party who has a record of your transaction. The motives of the third party can be concealed from either of the parties conducting the transaction. That third party can do with the information as they wish. Sure you could sue over privacy but Im sure the credit card user agreement gives the credit card company the right to change the terms and conditions as they see fit, sell or give away whatever information they see fit etc etc. You can sue and take them to court but that’s a David versus Goliath that few can afford.
JQ
This kind of thing is why commies, etc. want our guns so bad….they know they need killin’.
The only thing allowing them to exist is that we’re all too grabasstic to get together to take care of business. **sigh**
There is a bright red line in there somewhere, and a concerted effort to hide where it is in the hopes that people will blindly step past it and accept the fait acoompli.
black market