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Showing posts with the label state control

Is the time for Revolution upon us

Resisting the impending transformation of our monetary system is a cause worthy of a historical revolution. I do not utter these words lightly. There's no turning back once we embark on the journey toward Central Bank Digital Currencies (CBDCs). We will find ourselves inextricably bound to the state, our freedoms tethered to their whims. No, this won't occur overnight. It will begin innocuously enough. In their naivety, many will embrace it, scoffing at the warnings of those who see the larger picture. In doing so, they will not only be forging their own chains but also condemning future generations to a dystopian world of their making. Privacy Concerns With CBDCs, every transaction you make can be monitored. The veil of financial privacy we currently enjoy, albeit thinning, will be lifted entirely. This level of oversight could be used to control or manipulate economic behavior, a serious concern for civil liberties. Exclusion Risks With a state-controlled digital currency, th...