I believe so.
https://www.infowars.com/posts/digital-currency-the-fed-moves-toward-monetary-totalitarianism/
Even if Trump were to be revealed as the Dark Lord of the Sith, he's still better than the last four presidents we've had.
If the government is leading the way, then yes, I think digital currency is a threat. Two reasons for this. First, the entire purpose of digital currency is to bypass government control of the money supply and inflation that results from excessive government spending. Second, governments will be able to easily track and control all transactions in digital format, allowing for the widespread oppression of people with ease.
Although I've tried to do some research, I still can't quite wrap my head around cryptocurrencies. If the fed does push its own digital currency, would they somehow ban Bitcoin, Ethereum, and other unofficial currencies that compete?
I believe they would have to. Having options for currencies in the same nation would make it harder for the government to have total control which is their ultimate goal.
Even if Trump were to be revealed as the Dark Lord of the Sith, he's still better than the last four presidents we've had.
FORUM RULES
- No posts that incite violence or promotes hatred will be tolerated. Critics of gun enthusiasts always try to paint us as violent xenophobic racists. Nothing of the kind will be found here.
- Harassment of other members will result in a swift permanent ban. If you cannot be nice, your stay here will be short.
- Spamming the board with mindless rants will not be allowed. If there is a need, a forum can be created for well articulated tirades. We support free speech, but there are better ways of going about it.
- Inappropriate pictures or graphics will be removed. There are enough websites on the internet for that junk. LegacyArmory.com isn’t going to become one of them.
- Soliciting services are to be confined to the classified ads forum. We will allow the promotion of other personal websites so long as they are not inappropriate or offensive to our membership. WE KNOW INAPPROPRIATE WHEN WE SEE IT.