by Peter Breggin MD & Ginger Breggin

Originally posted on America Out Loud Jul 24, 2022 | Economy, Politics, World

The world’s largest governments are poised to implement digital currencies, which will choke out cash money unless citizens protect their actual cash.

Digital money. No more folding money or coins. Instant payments, anywhere in the world. It sounds like science fiction, but much of it is already envisioned and designed with systems patented and developed.

Although the conveniences are seductive (no more wallet, no more handling money, no more trips to the bank, and so on), the potential for abuse is enormous. Of course, to begin with, there are security issues. We are talking about cyberspace here, and we all know there is a constant arms race between hackers and digital security forces. Imagine your money being vulnerable to hacking?

But there is a greater and more immediate threat. Once all money is digitized, it is under central control. We see this already occurring in China, which is implementing digital currency. So this is no longer science fiction.

Indeed President Biden issued an executive order on March 9, 2022, to proceed toward activating a US digital currency even though US Congress has not authorized such a move.

Ginger Breggin and our anonymous guest called “Edge” conduct a brilliant discussion of government digital currency and relate it to current events around the world, while Peter makes a few scary comments on the potentially catastrophic scenarios of government control.

The US government could confiscate all money, the way FDR confiscated all gold, and replace it with a US digital currency controlled by the Fed and/or the government, creating totalitarian control over every individual beyond anything yet seen on Earth. We conclude with workable suggestions on how to overcome this threat. Don’t remain in the dark. Don’t miss this show — a brilliant discussion of the greatest overall and rapidly escalating threat to our liberty and freedom.