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Digital Currencies, Gold and Silver

March 28, 2022 By Philip Barton

Monday

A consequence of the seemingly inevitable introduction of central bank digital currencies and the withdrawal of cash will be the re-emergence and circulation of free-market silver coins.  Most will likely be home-made on small machines that are currently easily purchased.

That will be seen as highly undesirable by central banks and governments.  The ideas, already widely written about, behind digital currencies taking over from paper cash are twofold:

1 They cancel out the possibility of tax evasion, and

2 they allow for total control of the population – i.e. penalties based on noncompliance with a jab mandate.

Both these reasons are odious.

Circulating silver coins would correctly be viewed as a threat to these aims.  That leads to a third major negative, which so far seems to have been overlooked in online discussions: successful implementation will entail the outlawing of Gold and silver coins or bullion in private hands.  You will no longer be able to step outside the system by acquiring real money.

A cashless society will result in an economy that is gutted.  Many small business transactions are made viable only by the evasion of taxes.  Small businesses are the engine of economic growth, jobs and general prosperity.  Small business is the entry point for working people who want to make something of their lives.  Digital currencies are a full-frontal attack on working people and small business.

Begin to acquire gold and silver immediately and encourage your friends to do the same.  Hide it and tell no one.

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