Also at the American Thinker today is Mike Konrad's piece entitled Will Economic Freedom End this July? What Konrad is talking about is the new digital currency being run out by the Federal Reserve. Certainly it is just for banks at first. But how long with it be before digital currency is what everyone must trade with. Konrad paints a fairly bleek picture when everything you do can be tracked and traced. Even more scary, if you don't obey government dictates, you may be denied. "Sir, you are not authorized to purchase that steak. You must go with the soylant green."
The scene is as old as history. An individual fleeing persecution wants to cross a border. His or her life depends on being able to bribe a border guard, with some fungible valuable item: whether gold, cash, silver, diamonds, etc. Life depends on it.
If the trade is prevented, then all hope is lost.
From the dawn of time, currency was the one thing that governments had difficulty tracking. I am not considering checks, bills of credit, something written. Those are easy to trace. I am talking about real currency. Currency in one’s hand, cash pressed in the flesh.
Bribery was always the province of the dishonest, but it often became the last resort of the honest: a war refugee wanted to cross a border before an invading army swoops in, a Jew wanted to evade a Nazi patrol, an Irishman wanted to get out of Ireland one step ahead of the Crown’s authorities.
Cash became the vehicle of freedom.
So what happens when that option is removed… by digital currency? What happens when fungible cash is made null and void?
Long-awaited Fed digital payment system to launch in July -- CNBC
Yes, the Fed is finally converting to digital currency with the FedNow Service. We are told it is only for banks… now. But how soon after that will America go totally cashless?
And we are told that this is long awaited, as if there was a public clamor for it -- didn’t you know -- so it must be good. No need to worry, right?!Of course, some types of street crime may disappear...we shall see. After all, if criminals can steal your house out from under you, what will they not be able to steal? Just go in and digially steal your entire bank account. More concerning, for Bible readers, we have always wondered what form the "mark of the beast" in Revelation that prevents you from buying or selling without it would take. Is this it?
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