Once the government has 100 percent digital control of the medium of exchange, it will be very hard for the people to reclaim even a semblance of liberty. From Greg Reese at gregreese.substack.com:
While many people rightly say that money is already digital, when world leaders say the word “digital money” today, it means cryptocurrency, which is now part of a worldwide scheme to monitor your actions and control your money. This new form of currency will require you to have a unique digital wallet, which is essentially a digital ID.
Last Spring, European Central Bank President Christine Largarde said that the ECB will be ready to launch the Digital Euro by this October.
According to the Atlantic Council, 137 countries and currency unions are preparing for a Crypto Digital Currency. Three countries have already launched theirs, the Bahamas, Jamaica, and Nigeria.
CBDC’s in the advanced stages are the Digital Euro, China’s Digital Yuan, India’s e-rupee, the United Kingdom’s Digital Pound, Brazil’s Digital Real, and Russia’s Digital Ruble.
Hong Kong is preparing to launch a Stablecoin. Japan’s Financial Services Agency is preparing to launch a Japanese yen Stablecoin this fall. And President Trump, who has been pushing Stablecoin development, has repeatedly announced that the USA will lead the world in AI and Crypto. His family is heavily invested, and stand to make billions when the world goes Crypto.
The Trump family even have their own Stablecoin, the USD1 Stablecoin from World Liberty Financial. Trump’s puppetmasters likely have another Stablecoin in mind to be the Digital Dollar, but a puppet can still dream.
They are practicing in Ukraine?
The best laid plans of mice and men as Lennie pets a mouse.