12-03-2016, 02:29 AM
People are never given the choice between what is right and wrong, they are given the choice between what is right and what is easy.
Currency, in what ever form it may take, needs to retain its value for those who possess it. Its value comes its fungibility. (ability to be spent and exchanged for goods and services). With a fiat currency, whether it is worthless paper or digital, the value bleeds out over time as more money is created. Ron Paul defined inflation as "an increase in the money supply", which causes the value of each individual part of that currency to be devalued. The problem is that with a fully digital currency, the speed at which currency can be printed is increased exponentially. The additional threat is that what each person spends their money on will become a new means by which to deprive the ordinary citizen of what little currency they possess. Do you live in Federal Housing and you spent your currency on cigarettes? You will be fined for such a behavior. That is only the tip of the iceberg where every single action you take ends up costing you more money. Digital currency, as planned by central bankers will be FULLY trackable, which opens up all those doors for governments and corporations having a financial incentive to find fault in what a person spends their money on.
Digital currency is a very dangerous double edged sword, and is more dangerous to freedom than even fiat paper currency, which in and of itself is more dangerous to nations than standing armies.