Digital currency: a heads-up
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Catherine Austin Fitts, former assistant secretary of the U.S. Department of Housing and Urban Development, said in an interview: “If you can move every human into a digital concentration camp, empty their bank account any time you want, and tell them what they can and cannot spend money on, you’ve got complete control.” If you think the term “digital concentration camp” sounds extreme and over-the-top, think again. If the government decides to punish you, you’re toast. You can’t pay your power bill, so your electricity is shut off. You can’t pay your water bill, so your water is shut off. You can’t buy gas, so you can’t drive. You can’t pay your rent or mortgage, so you’re evicted. You can’t pay your property taxes, so your (paid-for) home is seized. You can’t buy food. Forget medical care, that’s out of the question.
This cascading series of events can happen literally at the push of a button. You won’t be jailed, but you won’t have to be. Your life will become a living hell.
The creepy thing about digital currency is there is no evading it. It would permeate literally every aspect of every person’s life, no matter how off-grid or remote they may be. Some say a barter society will spring up – and indeed, I expect that to happen almost instantly – but you can’t barter for car insurance or property taxes or other government requirements.
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Catherine Austin Fitts, former assistant secretary of the U.S. Department of Housing and Urban Development, said in an interview: “If you can move every human into a digital concentration camp, empty their bank account any time you want, and tell them what they can and cannot spend money on, you’ve got complete control.” If you think the term “digital concentration camp” sounds extreme and over-the-top, think again. If the government decides to punish you, you’re toast. You can’t pay your power bill, so your electricity is shut off. You can’t pay your water bill, so your water is shut off. You can’t buy gas, so you can’t drive. You can’t pay your rent or mortgage, so you’re evicted. You can’t pay your property taxes, so your (paid-for) home is seized. You can’t buy food. Forget medical care, that’s out of the question.
This cascading series of events can happen literally at the push of a button. You won’t be jailed, but you won’t have to be. Your life will become a living hell.
The creepy thing about digital currency is there is no evading it. It would permeate literally every aspect of every person’s life, no matter how off-grid or remote they may be. Some say a barter society will spring up – and indeed, I expect that to happen almost instantly – but you can’t barter for car insurance or property taxes or other government requirements.
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