All hell is about to break loose in America.
That’s because Joe Biden never told the public what he was prepared to do.
And now Joe Biden just signed this shocking order to replace the U.S. dollar.
Cryptocurrency – like Bitcoin – is gaining in popularity because it’s digital currency and not fiat money like that issued by the Federal Reserve.
It’s a private alternative that avoids the inflationary spiral caused by governments printing trillions of new dollars.
Cryptocurrency is also largely untraceable.
The federal government cannot stand direct competition so Joe Biden signed one of the most dangerous executive orders in U.S. history to establish the government’s own “digital dollar.”
“We’re placing the highest urgency on the effort to assess the potential benefits and the risks of a digital dollar on payment systems, on financial stability, on national security, on the implications for human rights, and financial inclusion,” an administration official stated.
As inflation surges and Americans look for a currency safe haven Joe Biden is now making a government takeover of the cryptocurrency sphere a top priority.
“This is the president articulating his views about what our interests and concerns are in this space. In fact, that is notable in and of itself,” an official added.
Another official claimed this was about protecting the primacy of the U.S. dollar.
“The primacy of the dollar — the U.S. dollar — it’s underpinned by fundamental advantages that the United States has held for a long time and continues to hold: credible and longstanding commitments to transparency, our rule of law, the contractual obligations and rights that everyone enjoys, the deepest and most liquid financial markets in the world, sound economic governance, and the full independence of our Federal Reserve system,” the official stated.
But there is something more sinister afoot.
If the government pushes Americans to adopt a “digital dollar” the government will now have a record of every single financial transaction you make collected in a database.
Not only will the government know down to the penny how you spend your money, the government can also then impose restrictions on how you spend it.
“You could introduce programmability – what happens if one of the participants in a transaction puts a restriction on [future use of the money]?” Director at the Bank of England Tom Mutton stated.
“There could be some socially beneficial outcomes from that, preventing activity which is seen to be socially harmful in some way,” Mutton added. “But at the same time, it could be a restriction on people’s freedoms.”
It’s easy to see how gun-grabbers could block Americans from spending “digital dollars” on firearms, contributing to conservative causes or candidates, or block you from buying books or subscribing to streaming services that the government deems “misinformation.”
A “digital dollar” would allow the U.S. government to impose a Communist Chinese social credit score where the government bars you from engaging in certain activities unless you live your life in accordance with the government edicts.
For instance, the government could block anyone who refuses to take the coronavirus vaccine from engaging in commerce with “digital dollars.”
Joe Biden tried to sneak this order under the radar.
There is good reason for that.
Democrats could use a “digital dollar” to end the very concept of America as a free society.
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