
“What a strange world we now live in. Total surveillance of every citizen’s transactions, without any basis or suspicion, is not just normal but presented as a virtue, a form of patriotism. Using cash or wishing to retain your financial privacy is inherently suspect, a radical position, soon to be a crime. Using cash or wishing to retain your financial privacy is inherently suspect, a radical position, soon to be a crime. A future where all payments are trackable is terrifying, but a world with centralized control over transactions would be even worse. Digital currency with centralized control means the eradication of property as a right.”
http://fee.org/freeman/detail/money-will-be-digital-but-will-it-be-free
Related posts:
Pulling the Plug: Taking Delivery of Gold
Will Grigg: "Ominous Threats" and Murderous Zeal
Dr. Grinspoon's Kind War: Interview With a Renegade Marijuana Proponent
Jeffrey Tucker: The Freedom of Rose Wilder Lane
Why Serial Asset Bubbles Are Now The New Normal
A $100k earner gets to keep $99k in Singapore but $57k in San Francisco
Psychopathic Kyriarchy – Our Rulers Really Are Unempathic Predators
How to Survive a Plane Crash: 10 Tips That Could Save Your Life
How has this not led to outright revolution yet?
The New Deal Origins of Fannie Mae and the Government-Housing Complex
Charting Insolvency: Social Security and Wages
How to Handle the Coming Bond Market Bust
Who Will Head the Fed? It Doesn’t Matter
Jacob Hornberger: Dealing with the Cops
Don't Make it Easy for Governments to Compile Your Digital Dossier - Part II